Author: Jordan

Gold edged higher on Friday as investors balanced reports of an extended US-Iran ceasefire against stubborn inflation and expectations that the Federal Reserve will keep borrowing costs elevated into next year.Spot gold rose 0.2% to $4,499.56 an ounce by 0231 GMT, while US gold futures slipped 0.1% to $4,529.80, leaving the market caught between falling war-risk premiums and a still-restrictive monetary backdrop as liquidity thins before the weekend.Bullion remained about 0.2% lower for the week, underscoring how quickly haven demand has shifted as traders reassess geopolitical risk and the path for US interest rates.The metal had dropped to a two-month…

More changes to buy to let mortgage ranges Landlord Today Source link

The new web and mobile immigration management system is designed with the aim to reduce repeat form-filling for travellers and support more online services for foreigners in the country. Thailand is preparing to launch the Thailand Immigration Management System, or THIM, on 1 October, according to the Bangkok Post. According to the media report, THIM is being developed by Digital Identity in partnership with the Thai Immigration Bureau and Amazon Web Services, and will allow travellers to complete a full profile once and update only selected details, such as flight number and return date, on future visits. The Bureau said this…

Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Anthropic, the maker of one of the trendiest tools in finance right now, Claude, said Thursday it raised $65 billion in Series H funding at a reported $965 billion post-money valuation, surpassing rival OpenAI and intensifying the race among AI companies to secure compute capacity and enterprise customers. The funding round, led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, comes as Claude continues expanding into accounting, forecasting, tax, audit and operational finance workflows inside large enterprises. In a LinkedIn post Thursday,…

Investors race to get exposure to SpaceX ahead of IPO Financial Times Source link

Dell reported its fastest pace of revenue growth for any period since its return to the public market more than seven years ago, and topped analysts’ estimates for sales and profit. The stock climbed as much as 19% in extended trading on Thursday. Here’s how the company did in comparison with LSEG consensus:Earnings per share: $4.86 adjusted vs. $2.94 expectedRevenue: $43.84 billion vs. $35.43 billion expectedRevenue soared nearly 88% from a year earlier in the quarter, which ended on May 1, according to a statement. Since its IPO in 2018, which came five years after the server maker was taken…

Disconnected property data systems are creating operational risks and increasing costs for landlords as new compliance requirements take effect, according to industry analysis. The Renters’ Rights Act and Making Tax Digital (MTD) regulations are set to amplify existing challenges in portfolio management. Property data across the private rental sector remains fragmented, with financial records, tenancy updates and compliance documents often stored and updated separately. This fragmentation slows reporting processes and limits visibility of portfolio performance in real time. Digital adoption remains limited Industry research indicates that more than half of UK property professionals do not use property technology tools. Among…

Sales of newly built homes tumbled in April after an unexpected boost in March as elevated mortgage rates and broader volatility eroded homebuying momentum at the start of the spring sales season. Figures published Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development show the annualized pace of new-home sales dropped 6.2% between March and April while plunging more than 11% from year-ago levels. The fate of April new-home sales was already in the cards, however, with the Mortgage Bankers Association reporting earlier this month that new-home mortgage applications dropped 10% from March and 2.4%…

WINNIPEG, MB, May 28, 2026 /CNW/ – Boann has invested $617,000 to back the development of a sector-led national loan guarantee pool program – Impact Guarantee – designed to build capacity, diversify risk, attract new investment, and strengthen and grow Canada’s social finance sector. With the generous support of the Government of Canada’s Social Finance Fund, Boann is holding an additional $2.5 million as first-loss capital for the successful launch of the pool. Boann and the Government of Canada are investing in catalytic solutions that attract additional capital and enable increased economic, social, and environmental benefits across Canada. Boann (CNW…

The closure of the Strait of Hormuz has laid bare the world’s economic dependence on the narrow waterway leading out of the Persian Gulf. Nearly three months into the Iran war, it is well known that around one-fifth of the world’s liquefied natural gas (LNG) and petroleum products normally passes through the strait. Rising energy prices might be just the first harbinger of a truly global crisis, though. Despite a U.S.-Iran cease-fire, the ongoing Hormuz blockade is straining supplies of the other critical yet overlooked ingredients of the world economy that are downstream from fossil fuels, including sulfur, helium, nitrogen,…