Daily Management Review
Economics

Are We ‘Spending Another Decade Doing Worthy Things But Not Enough’?

Financial market is not fast enough to reduce investments on fossils fuels, says Carney. During an interview, the Bank of England’s Governor, Mark Carney said that the pace of financial services have been “too slow” for cutting down on investment in fossil fuels. Carney is scheduled to step down...

2020 Could Be A Tough Year For US LNG Exports, Which Soared To Record Highs In 2019

The exports of liquefied natural gas (LNG) of the United States in 2019 saw a record 60 per cent hike with the trend likely in the next year. However analysts have warned that 2020 could also create issues for this sector because of heavy competition and weakened demand globally.   This year...

U.S. Holiday Online Sales Hit Record High

Consumers in the U.S. choose online shopping this holiday season. Mastercard Inc has come up with a report which shows that this holiday season more consumers spent on online shopping, which pushed the “e-commerce sales” figures to a “record high”.   Holiday season marks a crucial time for...

Trade Talk Deadline With UK May Need Extension, Says EU Commission President von der Leyen

In an interview to the French daily Les Echos which was published on Friday, European Commission President Ursula von der Leyen said that there could be a possibility of extending of the deadline by the European Union in relation to the negotiations of the new trade relationship with the United...

ECB Unlikely To Bring Interest Rates Into Positive Territory In 2020, Says ECB's Holzmann

It is unlikely that the prime benchmark lending rates will be raised back in to the positive territory next year by the European Central Bank, said policymaker Robert Holzmann. He said that investors should not hope for such a surprise form the ECB.   "I do not expect a turnaround in 2020 to...

November Industrial Profits Of Large Companies Of China Rebound

The National Bureau of Statistics (NBS) of China data showed that in the month of November, the profits of country’s major industrial companies increased by 5.4 per cent year on year. This was a surprise to many because the November growth reversed the 9.89 per cent decline in the same number for...

Russian Government Turns To NWF For Buying Sberbank Stake From The Central Bank

Multiple sources report that the Russian government is in discussion about purchasing the Sberbank stake from the Central Bank. The government in Russia has decided to turn to the “National Wealth Fund” for purchasing “central bank’s stake in Sberbank”. The information came from a “state banker” as...

Slowing Indian Economy Sees Indian IPOs Dropping To Four-Year Low

A slowing Indian economy caused the Indian initial public offerings in 2019 to fall down to a 4 year low by value. However according to some analysts, it is hoped that the economy and the Indian IPO scenario would be better in 2020 as the reforms announced by the Indian government kick in to show...

Aging populations and trade wars hit South Korean households

The Central Bank of South Korea notes a decrease in the financial stability of households, despite a slowdown in borrowing growth, the Yonhap agency reported citing a regulator report sent to the country's parliament. Unpaid household debt, including credit costs, at the end of September amounted...

Slow Global Demand Hits Japan’s Wider Economy Threatening Abenomics

Moiré sectors of the Japanese economy are being impacted by the hit to exports from slowing global demand and there is a general slowdown of growth in the economy which has raised the question of whether Japan’s “Abenomics” stimulus program is finally reaching a turning point.   Next year,...
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