Daily Management Review
Economics

UK Home Prices Touch Record High while US Home Sale Drops

The average asking price of UK homes was up by 0.9% to reach £294,834 in the month of September noting a record high for the industry.   This was noted in the Rightmove House Price Index released on Monday which attributed the demand to cheap borrowings even in the wake of limited...

Finland Remains Strike-Bound On Friday

Finland faces a shutdown on Friday due to a failure in settling wage related issues of the workers. As per the B.B.C News the “news agencies” have reported that on Friday, Finland was facing a country-wide strike which has been triggered off by an anti-austerity movement. Moreover, the strike had...

Fifty Percent Of Banknotes Fuel ‘Shadow Economy’ Of UK

The Bank of England released its recent report which stated that almost half of the cash being circulated is involved in illegal activities. The Guardian reports that almost fifty percent of UK’s “banknotes in circulation” are involved in illegal activities like prostitution and drug deals or else...

ECB's QE Programme Spurred Real Estate Market

Investors in real estate market are new supporters of the European Central Bank’s quantitative easing (QE), the experts say. Sales of commercial real estate in the euro zone for the year, ended June 30, jumped 32%, according to the London-based Knight Frank LLP. The volume of investment...

Canada: What to Do With All That Oil?

It is no news that low oil prices have a negative impact on Canadian operators working in the oil sands. However, despite the rather gloomy outlook, production at the field of Calgary in Canada has continued to grow in spite of all odds and logic. This implies involves serious consequences not only...

Citis Securities’ CEO Got Under Investigation in China

Beijing could use his case to expedite the verification of insider trading and further tighten the regulation of the market. The Chinese law enforcement agencies are investigating after the president of the largest brokerage companies in the country Citis Securities Cheng Bumin on suspicion of...

Chinese Data Industry Is Being Overrun By Fed

The data will over shadow Chinese data industry in the coming days, informs Reuters. In the following weeks the spot light will be on the “U.S. Federal Reserve” which is likely to over shadow China’s data industry. It is an indicative of a “grim inflation” in the euro zone which also affects the...

BIS Speculates On Financial Market’s Risks

The report of BIS speculates on the possible risks followed by the fall of Chinese market which practically shook the global market, reducing it to an unstable ground. The major economies of the world, including China, which occupies a big space in it, have caused the investors to reassess the...

Iran to Become a Major Gas Supplier to the EU

The main part of the gas will be supplied in the form of LNG through Spain. According to European authorities, Iran would become a major gas supplier to the EU by the end of the next decade. By 2030, gas supplies from Iran to the EU could reach 25 - 35 billion cu. m per year, which will reduce...

Japan Surfs On The Highest Tide Of Trade Stock Market

After a shaken period of time, Japan experienced its biggest gain this week after a spell of seven years, ripples of which had various effects on the various currencies. The 2008 global finance crisis had shaken the stock market of Japan like any other countries. However, the sign of better future...
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