The Labour Party’s landslide victory in Thursday’s British election means it takes power in the country after more than a decade under the leadership of the Conservative Party. The change comes at a time when there is still a lot of economic uncertainty in the country, the effects of higher inflation are still being felt … Read more
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Investors are warning that political unrest in Paris is leading to a reappraisal of the financial vulnerability of the eurozone’s second-largest economy. Many fear that the prospect of dysfunctional politics, slowing growth and a steadily rising … Read more
Official opinion polls suggest Britain is on course for a change of government next week after 14 years of Conservative Party rule, with the new leadership tasked with pulling the economy out of the doldrums. Labour looks set for a historic victory, with Keir Starmer’s party pledging to deliver the highest sustainable economic growth in … Read more
Bond investors have largely ignored the Tories and Labor election manifestos Tax rules and the memory of the Liz Truss market collapse are keeping promises in check But investors are cautious about ‘deterioration of discipline’ and the need for tax increases Official opinion polls suggest Britain is on course for a change of government next … Read more
India’s inclusion in the JP Morgan Index will encourage investors to diversify their portfolios and reallocate funds from other emerging markets This image shows the JP Morgan Chase building. — AFP/File ISLAMABAD: The inclusion of Indian bonds in the JP Morgan Emerging Market Bond Index (EMBI) from June 28, 2024 is expected to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. India is likely to welcome billions of dollars of foreign inflows if JPMorgan adds the country’s sovereign debt to its emerging markets index on Friday, a move that some analysts say will make the country … Read more
Lending institutions have misrated more than $100 billion of commercial real estate debt in an increasingly popular segment of the market, mortgage veterans say, including at least a dozen deals that maintain the highest investment grade rating even though the borrowers are in default. The questionable ratings emerge in a part of the mortgage bond … Read more
Resume: Humans may have evolved complex facial expressions to enhance social bonding. Analyzing more than 1,500 natural conversations, the study found that expressive individuals were more liked and better at achieving social goals. Expressive participants were easier to read and more successful in conflict negotiations. This suggests that facial expressiveness plays a crucial role in … Read more