Daily Management Review
Economics

Chinese Central Bank keeps softening monetary policy

The Chinese authorities are stepping up measures to stimulate the economy to prevent the subsidence of business activity due to trade confrontation with the US. The country's Central Bank has further reduced the required reserve ratio, which will increase lending to the somewhat slowing Chinese...

US-China Trade War Spillover Proving Beneficial To Vietnam Economy

The spillover benefits of the trade war between the United States and China is likely to result in another growth in the gross domestic product (GDP) of Vietnam which has been a steady economic out performer in Asia. The country has also discovered that its economy was already larger than was...

Experts: 40% of foreign direct investments are tax evasion

According to a study conducted by experts from the IMF and the University of Copenhagen, about $ 15 trillion of foreign direct investment is fictitious, and their only goal is to minimize tax deductions from companies, not to support productive activities. This amount is almost 40% of the total...

Japan’s Q2 GDP Downgraded As Business Investment Is Hit By Trade War

A downward revision of business spending because of the United States – China trade war resulted in the Japanese economy growing at a slower than earlier estimated pace. This has raised concerns and several quarters have made frantic call =s for the Japanese central bank to further announce deeper...

Impact Of Facebook’s New Digital Currency Libra To Be Investigated By EU

There has been some degree of controversy surrounding the plans and announcement by Facebook that it would be launching its own crypto currency Libra. While there have been some who have supported the plans of the social media firm and argued that this move by the company would bring in great...

US-China To Hold Fresh Trade Negotiations In October

A statement from the Commerce Ministry of China has said that high-level talks on trade between representatives of China and the United States would be held at the beginning of October in Washington even as there are fears that there can be a global recession because of this protracted trade war...

Default on Chinese corporate bonds grows to record $ 4.4 bln

The private placement market is a key source of financing for small companies in China. This year, more and more Chinese companies default on private bonds, Bloomberg reports, explaining the process by the fact that the economic slowdown is putting serious pressure on small companies that seek to...

US Sanctions Talking Toll On Iranian Economy

Sanctions on Iran by the United States are currently in full swing and have been targeted at the oil, energy, banking, metals and shipping sectors of the country. Ever since the sanctions were first implemented last year after the US president Donald Trump withdrew from the landmark 2015 nuclear...

European banks are short of dollars

Dollar liquidity is shrinking, which leads to strengthening of the US currency. Besides, it is causing problems in some banks that are short of dollars. One of the reasons for this can be called a large-scale US borrowing program. For the III quarter, the US Treasury plans to borrow $ 434 billion....

US Consumer Confidence Index collapses to lowest since 2016

The consumer confidence index in the United States in August 2019 decreased to 89.8 points from the July level of 98.4 points, according to the final data of the University of Michigan. The index value has become minimal since October 2016. Preliminary data indicated a decrease in the indicator...
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