Daily Management Review
Economics

Japan's May Exports Likely Saw Largest Monthly Growth Since 1980

According to a Reuters poll, the exports of Japan in May likely increased at the largest monthly pace in four decades. However the increased numbers are largely reflective of the rebound of exports compared to the very low levels for the same month last year when international trade was ravages by...

GDP in G20 region is back to pre-crisis levels

GDP of the G20 region returned to its pre-pandemic level in the first quarter of 2021, according to the Organisation for Economic Co-operation and Development (OECD). The widespread lockdowns that countries began imposing last year to fight the spread of COVID-19 caused serious economic problems,...

Wholesale Prices In Japan Rise At Fastest Pace In 13 Years In May

Wholesale prices in Japan surged at their fastest annual pace in 13 years which underlined the rising commodity costs, showed data released on Thursday. This also reflected how global inflationary pressures are impacting companies that are already struggling to cope up with the Covid-19 pandemic...

China And US Commerce Chiefs Will Work To Address Differences, Says Beijing

China and the United States have agreed to promote healthy trade and cooperate over differences as the top US and Chinese commerce officials discussed the issues over telephone, said China’s commerce ministry on Thursday.   This was the latest exchange between high level officials of the two...

Leading Global Crypto Exchanges Weighing Entry Into India Despite Spectre Of Ban

Even with the Indian government reported to be mulling introduction of a law that could ban crypto currencies, some of the global digital currency exchanges are also mulling ways for setting up store in India following the entry in the market of the market leader Binance, said reports quoting...

World Bank expects record post-recession growth

The World Bank (WB) expects the global economy to grow by 5.6% in 2021. This will be the highest rate in 80 years since the recession. According to the forecast, the US and China will account for more than a quarter of global growth in 2021, with the US contribution almost tripling from the...

A New 'Strike Force' To Target China On Trade Set Up By Biden Administration

With the Biden administration roiling out a set of findings of a review of the access of the United States to critical products – ranging from semiconductors to batteries for electric vehicles, plans of targeting China with a new "strike force" to address unfair trade practices were also announced...

G7 Agrees On Global Corporate Tax Proposal By The US, But Issue Remain

The expected agreement of the Group of Seven, or G7, countries to a proposal by the United States for a global minimum corporate tax accord was the big news over the weekend.   The aim of such a proposal is to prevent large multinational companies from shifting to low tax countries to save...

Immediate Steps Needed To Get Women Back To Work After Pandemic, Says World Bank

In order to get women back to work and to chug along the path for achievement of gender equality, it is critically important for governments to take critical measures as part of the Covid-19 pandemic recovery, the World Bank has warned.   According to Caren Grown, global director of the...

US Treasury Expects Endorsement Of Its Global Minimum Corporate Tax Proposal By The G7

The Treasury Department of the United States expects the G7 wealthy democracies to agree to the proposal of Washington to accept and adopt an ambitious global corporate minimum tax when the leaders of those countries get together other later in the week in the United Kingdom, said a US Treasury...
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