Daily Management Review
Economics

In-Depth Trade Talks With US On Phase One Says China

The Chinese commerce ministry said on Thursday that in-depth discussions on a "phase one" trade agreement was being held with the United States which also includes the proposal making the rounds of cancellation of the tariffs which Beijing said was an important preconditions for the two largest...

Yahoo! is negotiating to merge with Japanese QR payments operator Line

The transaction between the two QR payment operators may become the largest event in the Japanese technology market. One of Japan's leading Internet companies, Yahoo! Japan, co-owned by SoftBank, has confirmed that it is negotiating a merger with the Line application operator. The $ 27 billion deal...

China Trade Deal 'Close', Says Trump, But Provides No Specifics

While hinting that the so called ‘phase one’ of a trade deal will with China could be completed “soon”, United States president Donald Trump denied to provide any further details about the ongoing negotiations while making the comment in a campaign-style speech and vouching for the economic...

Trump Will Postpone Tariff Decision On Foreign Cars From EU & Japan, Expect Automakers

According to five auto officials, major auto companies in the United States believe that the self-imposed deadline by president Donald Trump for the possibility of imposing tariffs of up to 25 per cent on the import of cars and auto parts from the European Union and Japan over issues related to...

Moody's expects declining sustainability of sovereign borrowers

Global uncertainty and a slowdown in global economic growth will negatively affect the creditworthiness of sovereign borrowers in the coming 2020, Moody's warns. So far, the risks of developed-country governments burdened by high debts have been masked by low interest rates. However, continuation...

Economists Forecast Lingering Of Germany's Economic Pain

Economists had predicted that the largest economy of the European Union and indeed Europe’s economic powerhouse – Germany, would experience a fleeting slowdown but will bounce back strongly soon after.   However, it has been a year ha the country’s growth has been stuck in neutral with...

A Digital Currency Could Be Launched By The EU As A Counter To Facebook’s Libra

A public digital currency could be issued by the European Central Bank (ECB), claimed reports citing information from a draft document of the central bank. According to analysts, the ECB is contemplating this move as a counter measure to counter the potential impact on the financial markets by the...

$5 Billion In Budget Support Need By Sudan To Avoid Economic Collapse: Reuters

The economy Sudan can be saved by a financial package of up to $5 billion to prevent a collapse and to bring in economic reforms according to the finance minister of the country. in an interview to news agency Reuters, Ibrahim Elbadawi, the finance minister of the transitional government formed in...

Tariffs To Be Rolled Back If ‘Phase One’ Trade Deal Goes Through, Say China And US

If the "phase one" of a trade deal between China and the United States is completed both the sides will also include in it an agreement to roll back the tariffs that both sides imposed on each other’s goods, said officials from both the countries. Reports however suggested that this decision by the...

China-US Agrees To Phase Out Tariffs Imposed By Both: Beijing

The Chinese commerce ministry said on Thursday that the tariffs imposed by both the countries during their months-long trade war would be lifted in a phased manner and an agreement to this effect has been arrived at by China and the United States. No specific timetable was however provided by the...
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