Daily Management Review
Economics

Singapore creates a large innovation fund

Singapore is creating a fund of 1 billion Singapore dollars ($ 718 million) to help innovative companies grow their business and expand their activities abroad as the country’s government wants to stimulate economic growth, writes Bloomberg. Makara Innovation Fund, a joint venture of Singapore's...

Deutsche Bank: Italy is yet another risk for the EU

After centrist Emmanuel Macron won the first round of the presidential elections in France, markets may stop considering the risks of Frexit and focus on other problems facing Europe, say Deutsche Bank’s analysts. As a result of processing 100% of the ballots, the second round received two...

Trump Orders Tax Rule Review, Sets U.S. Tax Reform Announcement

President Donald Trump has ordered an administration review of Obama-era tax rules written to discourage U.S. companies from relocating overseas to cut their tax bills and has also promised that a big announcement will be made about tax reform by next week.   "We'll be having a big...

As Trump Orders Probe Of Imports, U.S. Steel Shares Jump

As President Donald Trump began a probe into whether imports of foreign-made steel are a national security risk, the U.S. steel stocks rallied on the market.   The investigation was a response to Chinese exports of steel reaching 26 percent of the U.S. market, said U.S. Commerce Secretary...

Implementation, the new knowhow that will transform your firm

The line may be thin in between Strategy, Operations and Implementation. Today more and more firms pretend they can guide you throughout the entire process but the three disciplines are actually quite different. Despite the countless adverts, not many firms do implementation well. The reason: the...

Bitcoin kicking into gear in India

After the People's Bank of China checked cryptocurrency exchanges and introduced restrictions on withdrawals, bitcoin received support in other countries such as Japan and South Korea. India, the country heavily influenced by the demonetization policy, also showed growing acceptance of the...

Start Of IMF, World Bank Meetings Clouded By Worries Over Trump Policies

In order to try and nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration, world finance leaders are gathering on U.S. President Donald Trump's home turf in a meeting.   Barely just two blocks from the White House, the two...

Growing Old Before Becoming Rich Is A Risk Faced By Emerging Asian Countries

Giving rise to concerns that emerging economies such as China and Thailand could see growth stall before they transition into high-income status, economists said that Asian populations will grow old at a faster pace than any other region in the coming decades.   Governments'...

More Than One Scary Outcome For Markets Is Presented By The French Election

Depending on which candidates make it to the final leg of the race, the first round of French presidential election on Sunday could bring on intense market volatility as it is a major test for euro zone unity.   Since the U.K. voted to leave the European Union last June, French...

IBM revenue falls for the 20th quarter in a row

International Business Machines (IBM) reported a drop in revenue above market expectations. Demand in the company's largest business – services - fell for the first time in five quarters, Reuters reported. IBM shares went down by 4%, to $ 163.15 after the end of trading on Tuesday. Net income of...
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