Daily Management Review
Economics

South Korean Government Does Not Intend To Close Down Cryptocurrency Exchanges

Cryptocurrency investors and traders In South Korea were relieved after the finance minister of the country said that the government does not intend to ban cryptocurrency trading. Following news of stricter regulatory norms over cryptocurrency, investors in South Korea were speculative about the...

Level of access to European trade bloc key component in Brexit negotiations

Here is what Norman Blackwell, Lloyds Banking Group’s chairman has to say on Britain future trade relationship with the EU. On Wednesday, Norman Blackwell, the chairman of Lloyds Banking Group stated that Britain will have to take care so that the European Union does not dictate financial rules...

South Korea’s customs services uncovers cryptocurrency crimes worth $594.35 million

Domestic investors have been caught white washing their forex trades and bringing back the funds as fiat currency. On Wednesday, South Korea’s customs services disclosed it has uncovered cryptocurrency crimes worth $594.35 million (637.5 billion won), including illegal foreign exchange trading....

Koichi Hamada: Bank of Japan needs to support abenomics

The next head of the Bank of Japan should support the ultra-soft policy of the central bank, which is a key part of the abenomics, economic adviser to Japanese Prime Minister Shinzo Abe said, Reuters reports. Koichi Hamada, an emeritus professor of economics at Yale University, praised the Governor...

International Watchdogs Are Preparing To Address The Risks Stemming From Bitcoin At G20 Meet

A ECB board member reports about the international regulators stance towards bitcoin generated risks. Risks stemming from crypto-currencies like Bitcoin, are coming under the radar of international regulators, whereby the regulators will working their “response” in the coming meeting of G20 which...

Strong, United Europe Can Be Achieved Through Closer Ties, Say French And Italian Industrialists

To achieve a more unified, progressive and prosperous European business environment, closer business ties were identified to be the driver by leading French and Italian industrialists through joint declaration earlier in the week.   The joint declaration contained 11 points and was issued at...

Investing In Britain’s Housing Sector In 2018 Could Be Profitable, Indicates Economists’ Poll

2018 comes with a positive outlook for Britain’s construction sector even though the designated hour of Brexit draws closer. According to an “industry body”, the construction companies in Britain had experienced the “best year in decade” in 2017 for taking up work on “new homes”, whereby leaving a...

The Absence Of A New German Government Couldn’t Shake The Country’s Economic Confidence

Economists find, the German economy “faring well” even at the backdrop of the current affairs. Klaus Wohlrabe, the economist at Ifo sees the German economy “faring well” even with the absence of “a new government” following “four months” national election, as Wohlrabe said on Thursday, 25 January...

IMF: American taxes will aid global growth

The beginning of the year can be very successful for the world economy. The International Monetary Fund (IMF) predicts the acceleration of growth in several large countries. The largest increase is projected in the US, where tax reform will help increase investment. In addition, the oil exporting...

IEA forecasts record oil production in the US

The International Energy Agency (IEA) raised the forecast for oil production in the US this year by 260,000 barrels a day, to a record 10.4 million barrels per day. According to experts of the agency, the rapid growth in the production of shale oil in the United States will be the main factor that...
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