Author: Admin

👉Listen to Politics at Sam and Anne’s on your podcast app👈Sam and Anne manage about three points from the “10 things you didn’t know about Mel Stride” briefing before getting onto the substance of the day. (Licenced pilot and unpublished novel, by the way)It is the shadow chancellor’s big day at the Conservative party conference in Manchester where he will identify billions of pounds of budget cuts.Is there a distinct policy difference between “Melonomics” and Reform UK?And, away from Manchester, should China be considered a friend or enemy of Britain after spy charges were dropped?

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The bid-to-cover ratio falls to 1.38 times, even lower than the September average of 2.06 times[KUALA LUMPUR] An auction of Malaysian government bonds drew the weakest demand this year, as traders pared expectations for rate cuts and corporate issuances shifted investor interest away from sovereign debt.The sale of RM3 billion (S$921 million) of bonds due in July 2055 got bids totaling RM4.1 billion, according to Bank Negara Malaysia. The bid-to-cover ratio fell to 1.38 times, even lower than the September average of 2.06 times, data compiled by Bloomberg showed. Auction interest was impacted by “a lack of fresh catalysts, while…

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[MANILA] Philippine utility firm Maynilad Water Services has started taking orders from institutions for an initial public offering that could raise as much as 25.5 billion peso (S$566 million) and make it the country’s biggest listing in four years. The water- and wastewater-services provider’s IPO includes a primary sale of as many as 1.66 billion shares and a preferential offering of as many as 24.9 million shares, according to a preliminary prospectus dated Oct 3. Maynilad may also enlarge the IPO to as much as US$593 million via overallotment and upsize options, giving it a valuation of up to US$1.6…

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Former defence minister Sir Grant Shapps, whose father-in-law was caught up in the Manchester synagogue attack, has described a “worrying half an hour” where his family did not know where he was.Speaking to Sky News, Sir Grant told how his wife’s father was one of the members of the congregation who tried to prevent attacker Jihad al Shamie from entering the building. Al Shamie, 35, was shot dead by armed officers on Thursday morning, seven minutes after launching a car and knife attack while wearing what appeared to be a vest with an explosive device, which was later found to…

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[TOKYO] Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking bets on a revival in big spending and loose monetary policy.The Nikkei 225 Index soared 4.75 per cent to close at 47,944.76. It traded as high as 48,150.04, breaking through three psychologically key thousand-point barriers for the first time ever. The broader Topix gauge jumped 3.1 per cent.The 30-year Japanese government bond (JGB) plunged, sending the yield to a record high. Meanwhile, the yield on the two-year…

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Milwaukee Brewers outfielder Jackson Chourio’s status for Game 2 of the NL Division Series against the Chicago Cubs remained uncertain Sunday, a day after he underwent an MRI on his right hamstring.”I know that we’re going to test some things today,” Brewers manager Pat Murphy said. “He’s going to be out there today. I don’t know that he’ll do much, but the MRI came back and it’s inconclusive. And it’s not a serious hamstring strain, but it’s not necessarily something that won’t limit him.”Game 2 of the best-of-five series is Monday night. The Cubs plan to start left-hander Shota Imanaga…

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Analysts say that an ouster by Trump would undermine trust in an institution that lies at the heart of the trust-based financial systemTHE Supreme Court has given US Federal Reserve governor Lisa Cook, and possibly, the global financial system, a much-needed stay of execution for now.For weeks, US President Donald Trump has been trying to fire Cook from her position as a governor – the first time the White House has made such an attempt in the roughly 112 years that the position has existed. The top US court on Oct 1 refused to greenlight the firing, opting for an…

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