Daily Management Review
Economics

China’s Equipment Mandate Rewrites the Semiconductor Playbook as Self-Reliance Takes Priority

China’s quiet move to require chipmakers to source at least half of their equipment domestically marks one of the most consequential shifts yet in Beijing’s semiconductor strategy. While not formally announced, the policy is already reshaping investment decisions inside fabrication plants,...

Number of corporate bankruptcies in the US in 2025 reaches 15-year record

The number of corporate bankruptcies in the United States kept increasing in 2025, hitting an 11-month peak since the global financial crisis ended 15 years ago, as reported by S&P Global Market Intelligence. From the start of the year through November, at least 717 companies submitted insolvency...

FT survey: European economy’s future linked to Germany's fiscal policy

Most economists surveyed by The Financial Times connect the chances of a European economic recovery in 2026 with Germany's plan to invest €1 trillion in infrastructure and defense. However, they do not agree on whether Germany's financial policies can lead to a new economic era for Europe. Some of...

Talent Mobility Pressures Test the Foundations of Israel’s Innovation Economy

Israel’s technology sector, long celebrated for its density of talent and its ability to innovate under pressure, is facing a quieter but potentially more consequential challenge: a growing willingness among skilled workers to relocate abroad. Industry leaders say the rise in relocation requests...

Markets Draw the Red Lines as Washington Tests the Limits of Fiscal Credibility

The uneasy relationship between the White House and the $30 trillion U.S. government bond market has become one of the defining economic tensions of the current political cycle, exposing how financial markets can quietly discipline even the most powerful administrations. Since the turbulence...

AI helps top 10 tech billionaires get another $550 billion richer

The collective fortune of the ten wealthiest tech billionaires in the US is set to rise by over $550 billion in 2025, driven by a surge in AI advancements. Bloomberg estimates that their overall assets (comprising cash, stocks, and various investments) reached $2.5 trillion as of the market closing...

Index Gatekeepers Tighten the Rules as Bitcoin Treasury Firms Confront a Capital Squeeze

For much of the past four years, companies that built their identity around buying and holding bitcoin enjoyed a powerful tailwind. Rising crypto prices, abundant liquidity, and growing institutional curiosity allowed a small group of firms to transform themselves into equity proxies for digital...

Hybrid Money for a Fragmented Age: Why Europe Is Designing the Digital Euro to Work Online and Offline

Europe’s push toward a digital euro has reached a decisive phase, with EU governments rallying behind a model that blends online connectivity with offline usability. The choice is not merely technical. It reflects a deeper strategic calculation about sovereignty, resilience, privacy, and the future...

Precious Metals Enter a New Supercycle as Silver Breakout Signals Broad-Based Investor Repricing

Silver’s surge beyond the $75 threshold has become the most visible signal yet that the rally sweeping through precious metals is no longer confined to gold. What began as a defensive response to interest-rate expectations has evolved into a multi-metal revaluation driven by monetary policy shifts,...

US GDP grows by 4.3% in Q3, shows the fastest pace in two years

The U.S. economy grew by 4.3% on an annualized basis during the third quarter of 2025, according to the Commerce Department. This growth rate was faster than the 3.8% growth seen in the second quarter, marking the quickest pace in two years. Trading Economics previously forecasted a slower growth...
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