Author: Jordan

Published Mon, Jul 6, 2026 · 11:52 AM[SYDNEY] The boost to Australia’s trade from the mining boom looks to be fading as imports soar and export growth flatlines, potentially putting it on track for the first annual deficit since 2016.The goods trade surplus so far this year slumped as imports of fuel and equipment for a data centre bonanza surged, while exports stagnate.That looks set to continue, with the government forecasting that export revenue from major commodities in the current financial year will rise only 3 per cent from the prior period.The once-in-a-generation mining investment boom led to massive increases…

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It made an application to the RIF in recent weeks, vice president Simon Delander confirmed.Rua hopes to fast-track consent for the project; it is still waiting to hear from Infrastructure Minister Chris Bishop whether it can use the one-window consenting process. Roughly $150m remains unspoken for in the RIF; ring-fenced and approved funding now tops $1.06b. Robert Brand – chief executive and managing director of Taiko Critical Minerals – at the site of the company’s planned West Coast mineral separation plant. Photo / Kate MacNamaraOfficials declined to confirm what terms the WMS and Taiko loans will be made on, and…

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

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A long-established multifamily platform Founded in 1976, Bell Partners has approximately US$10 billion of gross asset value under management and close to 1,800 employees across nine US offices, managing roughly 65,000 to 70,000 apartment homes in 12 regions spanning markets such as Seattle, Denver, Dallas-Fort Worth, Atlanta and Washington, D.C. Led by a senior management team averaging 27 years of experience, the firm has completed nearly US$12 billion in realized apartment transactions since 2002. Source link

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Gary Potter of Kearney volunteered as an entry director. He said there wasn’t much more than a sliver of shade for comfort. The temperature at Saturday evening’s 250th anniversary celebration was 87 degrees Lincoln Journal Star Source link

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e, the channel that lets non-residents buy certain government bonds without quota limits. That helped push the 10-year yield down to 6.7108% on Friday after six straight weekly declines. The catch is timing. Markets are positioning for possible inclusion in Bloomberg’s Global Aggregate Index, which can pull in “passive” money from index-tracking funds that must buy whatever the benchmark adds. But Bloomberg’s January review said its next update would come in the middle of 2026, so a quiet news cycle could tempt some investors to lock in gains, especially in longer-dated bonds where positioning tends to be more sensitive to…

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SOFIAH NICHOLE SALIVIO News Editor Nearly 70% of holders of Hyundai Card’s Apple Pay Rewards debit and hybrid cards in South Korea were in their teens or 20s within 50 days of launch, highlighting strong early uptake among younger consumers. The cards were part of a six-card debit and hybrid line-up introduced in April. Analysis of issuance data showed customers in their teens and 20s accounted for 61% of all sign-ups across the new range, 13% higher than for Hyundai Card’s existing debit and hybrid portfolio. The highest concentration of younger users was in the two products tied directly to…

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Reverse mortgages are booming with 20-per-cent annual growth. But they still have a ton of critics.The No. 1 knock on them: The rates are too high.There was hope this would change when Equitable Bank entered the market to rival HomeEquity Bank in 2018. Now, at long last, competition is paying off. Equitable Bank has dropped its pants on interest rates.But, there’s a catch. Whereas a regular reverse mortgage lets you tap your approved credit limit over time, Equitable asks you to take the full amount you’re approved for up front, if you want a better rate.And better, it is. Equitable’s…

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Citigroup (C) has appointed Michael Yannell as head of hedge funds for investment solutions within its wealth division, a move tied to expanding its alternatives platform and hedge fund offering for wealth clients. See our latest analysis for Citigroup. Citigroup’s recent appointment of Michael Yannell comes as the stock trades at US$139.97, with a 30 day share price return of 5.66% and a 90 day share price return of 19.27%. The 1 year total shareholder return of 61.34% and 3 year total shareholder return of about 2.4x suggest momentum has been strong over a longer horizon. If Citigroup’s run has…

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