Author: Jordan

Asia Market Update: Risk assets outperform Asian equities, moving higher in Asian trading amid US-Iran impasse; Tesla Q1 tonight after US close.General trend and developments- US equity FUTs, gold, silver, bitcoin all moved higher as crude oil fell slightly with markets continuing to shrug off the US-Iran impasse.- Asia stocks were flat (Nikkei, Kospi, Shanghai) to -1% (ASX, Hang Seng). Note earlier in the session Nikkei hit a fresh record high >59,700.- Middle East situation remains in flux in the absence of talks even as Pres Trump extended the Iran ceasefire – saying he was waiting for the “fractured” government…

Ukrainian Ground Forces / Telegram Ukrainian negotiators suggested naming the bit of Donbas that Russia is trying to conquer after U.S. President Donald Trump, calling it “Donnyland,” The New York Times reported on April 21. “In Ukraine peace talks in recent months, Ukrainian officials have suggested that the slice of the country’s Donbas region that Russia is still fighting for could be named ‘Donnyland,” the report said, citing four unnamed people familiar with the matter.“When a Ukrainian negotiator first mentioned the term, partly in jest, it was as part of an attempt to convince the Trump administration to push back…

Pharmacies are an important category of everyday spend for a lot of people, whether it’s antihistamines or wellness items with optional vibration. While there are credit cards that earn as much as 10 mpd on this category, the best card boils down to which particular chain you’re visiting, and whether you’re spending online or offline. How do pharmacies code? Pharmacies usually code as MCC 5912 Most pharmacy transactions code as MCC 5912 (Pharmacies or Drug Stores). This covers the vast majority of pharmacies you’re likely to encounter, such as Guardian, Unity, or Watsons. Unity pharmacies located within FairPrice outlets may…

Even when a business is losing money, it’s possible for shareholders to make money if they buy a good business at the right price. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. So should KOP (Catalist:5I1) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of…

On The Ground newsletter: Get a weekly dispatch from our international correspondentsGet a weekly dispatch from our international correspondentsGet a weekly international news dispatchDeeply ingrained in Raul Valdes-Fauli’s family lore is the November 1960 day when an agent of Fidel Castro’s revolution showed up at his family’s Pedroso Bank in Havana, with a machine gun, and demanded they leave. Calling his father and uncle gusanos — or worms, a Spanish-language term coined by Castro to denigrate those fleeing the island — the agent seized the bank and in an instant dispossessed a family that arrived from Spain in the 16th…

Taken together, the issues facing residential buyers, Build to Rent landlords, and registered providers mean that greater action to support the supply of new homes is needed if housebuilding is to recover and, ideally, exceed recent averages.Calls for action on demand are growing and have so far focused largely on spurring residential demand — through a return to Help to Buy or a similar equity loan scheme (HBF, 2025b). There is a case for this. The previous scheme successfully boosted housebuilding in the aftermath of the Global Financial Crisis and, contrary to common perception, had modest to no impact on…

GARY, Ind. (WISH) — Multi-platinum selling, Grammy, and Golden Globe nominated recording artist Wiz Khalifa will perform at Hard Rock Live Northern Indiana on August 28. Wiz Khalifa’s career took off in 2011 when he released his first major debut album Rolling Papers, which spawned the hugely successful hits “Black and Yellow,” “Roll Up,” and “No Sleep.” Those hits gave Wiz the platform to win the award for Best New Artist at the 2011 BET Awards and Top New Artist at the 2012 Billboard Music Awards. “Black and Yellow” also earned him his first two GRAMMY nods for Best Rap…

Fixed rate mortgages have fallen again this week, offering some relief to people looking to buy or remortgage.Barclays and Skipton Building Society have both announced rate cuts that will take effect from tomorrow. Barclays is cutting mortgage rates across more than 20 products and by as much as 0.36 percentage points, creating some new best buys.For those buying with a 40 per cent deposit or more, Barclays is lowering its two-year fix from 4.95 per cent to a market-leading 4.6 per cent. It comes with a £899 fee.On a £200,000 mortgage being repaid over 25 years, that’s the difference between paying…

According to CoinDesk, the legislative process for the Digital Asset Market Clarity Act in the U.S. Senate has been delayed by several months, but there is still a path for advancement under a tight legislative schedule. Insiders indicate that the originally planned advancement of the bill is now basically hopeless, with the earliest possible entry into the Senate committee review stage being in May. If the Senate vote can be completed before July, the bill still has a chance to be enacted by 2026. However, analysts point out that given the limited legislative time window and the intertwining of multiple…

Barclays has cut mortgage rates across 22 products and by as much as 36bps, effective from today, in a move that positions it as offering market-leading rates, it claims. This includes its two-year fixed products at 60% LTV and 75% LTV.The majority of the rate cuts bring deals back below 5%. Of 16 residential purchase mortgages that are seeing rates cut, 13 return to less than 5% after climbing earlier this year.It comes as Barclays Research maintain its confidence in the market. The company this week published a new paper in which it predicts a reduced risk of inflation and maintains…