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BBCNEWS The Papers June 4, 2024 21:35:00

The i voices fears that the tax cuts in last week s mini budget will now have to be balanced by spending cuts. the metro reports on tory unease saying former leadership contender rishi sunak won t go to the party conference next week, allowing liz truss to own the moment . while the daily star pictures chancellor kwasi kwarteng meeting top bankers and imagines him asking does anyone have a clue what i m doing . well, let s ask our reviewers tonight. good to have you both on. let s kick off with the ft. he all the papers talking about the emergency intervention by the bank of england and the 665 billion paid to avert the crisis in the debt market. the underneath that, lenders believed by the action after nearly ....

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How to make money amid rising interest rates? Here's what Invesco MF's Vikas Garg has to say

In an interaction with Business Today, Vikas Garg, Head of Fixed Income, Invesco Mutual Fund shared his views on the debt market amid rising interest rates. ....

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Fears of 'hot money' flows temper India's desire to join global bond indices

There is massive scope for further inflows into India’s bond market, and China’s success shows index inclusion can have great benefits. New Delhi has reason to be wary of speculative money flows, though, and bond market liberalisation could not come at a more perilous time. ....

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Stock Market Outlook: Equities Hit Pain Point With 10-Year Yield at 3%

The S&P 500 twice in 2022 dropped for weeks after the 10-year Treasury yield rose above 3%. Stocks are testing that pain threshold again. ....

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Explainer-What is at stake for investors in Angola's elections?

By Rachel Savage and Catarina Demony LONDON/LUANDA (Reuters) - Angolan voters will choose next Wednesday between a party that s been in power for nearly five decades and its main opponent for even longer, in what looks like the closest ever election in Africa s second-biggest oil producer. WHO ARE THE MAIN PLAYERS? President João Lourenço of the MPLA, who has made reforming the corruption-plagued southern African country his priority since taking office in 2017, faces Adalberto Costa Júnior of the rebel-turned-opposition group, the National Union for the Total Independence of Angola (UNITA). A May Afrobarometer poll gave the ruling MPLA, which has governed since independence from Portugal in 1975, a lead of 7% over UNITA. Analysts expect it to win despite growing support for the opposition. WHAT IS AT STAKE FOR INVESTORS? In Africa, only Nigeria produces more oil than Angola, according to OPEC, while Kimberley Process data ranks it as the world s seventh-largest rough diamond produc ....

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