Author: Lucas

Romania’s Treasury announced lower coupons for the local currency and foreign currency bonds sold to households in November under its two schemes, Tezaur and Fidelis, after it announced that the cost of borrowing (10-year) dropped under 7% for the first time this year. The Ministry of Finance carried out a successful operation to reduce the refinancing risk of government public debt, it announced on October 31. The operation consisted of exchanging a series of government securities with short maturity for a new series of long-term bonds, thus moving the payment obligation further into the future. Specifically, the ministry exchanged bonds…

Manufacturing activity gained momentum in October as domestic demand strengthened, offsetting a slowdown in export growth, although business optimism slipped from a seven-month high. The HSBC India Manufacturing Purchasing Managers’ Index, compiled by S&P Global, rose to 59.2 in October from 57.7 in September, higher than a preliminary estimate of 58.4. The 50.0 mark separates expansion from contraction on a monthly basis. Manufacturing output growth hits five-year high, export orders slow down Output growth accelerated to match the joint-strongest pace in five years, equal to that seen in August. Manufacturers cited demand strength, efficiency improvements, new clients and technology investments…

Data from the country’s largest stock exchange NSE shows that the number of investors trading with less than ₹10,000 each in index options fell 48% by the end of September from a year earlier. The number of some of the bigger investors fell as well, though not at the same pace. Investors are categorized based on their share in options premium turnover. The Securities and Exchange Board of India (Sebi) rolled out a series of steps to cool India’s options fever, effective first in November 2024 and then from July this year, after studies showed that the majority of them…

They will be sold as part of an auction of medals, militaria, coins and stamps on Thursday, November 27. “The set have survived in wonderful condition over the past 121 years due to them being kept in their original little leather fitted box,” said Richard Bromell, director of Charterhouse Auction and Valuers. The Maundy ceremony as we know it today originated under the reign of King Charles II in 1662 when the King handed out specially struck 4d, 3d, 2d and 1d silver coins. Each year, the Royal Maundy ceremony occurs on Maundy Thursday and there are as many recipients…

Nigeria’s Dangote Petroleum Refinery, Africa’s largest oil refinery, is ramping up output to meet national petrol and diesel demand, it said on Saturday, after the government approved a new import tariff on fuel aimed at protecting domestic production. The continent’s top oil producer has long sought to end its reliance on imported fuel, and the 15% import duty seeks to safeguard recent multi-billion-dollar investments in domestic refining, the government said in a memo announcing the measure this week. Anthony Chiejina, a spokesperson of the Dangote Group, which spent $20 billion to build the 650,000 barrels-per-day refinery, said the tariff initiative would discourage…

A Place In The Sun star Laura Hamilton, 43, has revealed the places she believes people should be looking at if they are thinking of buying abroad at the moment. The show is currently celebrating it’s 25th anniversary and Brits appetite for a home in sunnier climes has only increased in that time. After 13 years on the aspirational Channel 4 property programme she is well versed on value for money locations that offer a great quality of life.Speaking exclusively to Express.co.uk the bubbly mum of two revealed the locations she currently rates for those looking to buy abroad. “I…

Growth stocks are more sensitive to interest rates than value stocks. Higher rates devalue the long-dated earnings of fast-growing companies with pricey shares.You’ve probably heard this narrative before. It trended heavily in 2022, a year in which Morningstar growth indices—tracking both U.S. and global equities—fell roughly 30 per cent, while the Fed and other central banks jacked up rates to combat persistent inflation. Meanwhile, shares of more modestly priced, slower-growing companies lost just 7 per cent less last year in aggregate. Fans of the ‘value factor,’ the notion that less popular stocks ultimately outperform, heralded a long-awaited change in market…

PM Modi RDI Fund 2025: Prime Minister Narendra Modi Monday launched the Rs 1 lakh crore Research, Development and Innovation (RDI) Fund to encourage private sector participation in research and development. The announcement was made at the first Emerging Science Technology and Innovation Conclave (ESTIC), a platform that brings together policymakers and innovators to advance the government’s Viksit Bharat 2047 vision. However, unlike traditional funding models, the RDI Fund will not invest directly in industries or startups. Here’s how it’ll work. Story continues below this ad # The RDI Fund will be managed by the Department of Science and Technology…

The challenges faced by traditional investments such as stocks and shares, owing to economic volatility in 2022, can at first glance be seen as the primary catalyst for investors to look further afield, but demand for alternative investments has been growing for years. According to Simon Doherty, head of managed portfolio services at Quilter Cheviot, investors have sought to diversify their portfolios in an effort to generate higher risk-adjusted returns, while gaining access to opportunities not typically available through public markets. Doherty adds: “With fewer listed companies available to choose from – numbers having declined significantly over the past few decades – broadening…

Before lending money to a loved one, think carefully about what you can afford to lose. If lending could put your own finances at risk, it’s best to say no. Once the money leaves your account, treat it as gone until it comes back.If you do lend, always keep a written record, even if it’s a simple text or email confirming the amount and repayment plan. For example, “I’ll lend you £200, can you pay £50 a month back starting next payday?” Clarity helps both sides manage expectations and reduces tension.Breaking repayments into smaller instalments makes it easier to manage.…