Daily Management Review
Economics

France's GDP grows by 0.5% in Q2

According to a final estimate from the French National Institute of Statistics and Economic Research (Insee), the second-largest economy in Europe, France, had its GDP increase 0.5% over the previous quarter. The amount did not alter from the initial estimation. "Consumer spending by households...

Swiss economy’s growth indicator falls below long-term average

According to the Center for Economic Research at the Swiss Federal Institute of Technology, one of the key measures of the Swiss economy's growth has dropped significantly below its long-term average and even lower than economists had anticipated. Since 1970, the institute has been releasing the...

Russia Predicts Its Economy Shrinkage In 2020 Will Be Lower Than 3%

According to Russia’s First Deputy Prime Minister Andrei Belousov on Monday, the economy of the country is expected to shrink by less than 3 per cent in 2022, which would mark a much smaller contraction compared to what was being anticipated previously. The government also predicted that inflation...

The China Audit Agreement Provides Relief, But There Are Few Reasons To Invest

Investors applauded a breakthrough agreement that gives US regulators access to Chinese companies' accounting records, but they say markets will be required to see successful audits and economic recovery prior to expecting much more money to flow to China.   In principle, the...

Singapore Says Retail Investors Are 'Irrationally Oblivious' To Cryptocurrency Risks And Plans Tougher Regulations

Singapore plans to implement proposed rules that will make it harder for retail investors to trade cryptocurrencies in a period when they appear to be "irrationally oblivious" to the risks, according to the country's central bank chief.   Despite warnings and measures, said Ravi Menon,...

Brazil's Soccer Clubs Are Preparing For A Gold Rush In Order To Close The Gap With Europe's Elite

A new legislation designed to allow Brazilian soccer clubs to obtain foreign investment is garnering hundreds of millions of dollars to a region known as football's largest source of talent, a shift that could allow Brazilian clubs to compete with Europe's top tier.   The...

Policymakers At The ECB Argue In Favour Of A Significant Rate Increase

Policymakers at the European Central Bank made the case on Saturday for a large interest rate hike next month, arguing that inflation remains uncomfortably high and that the public may be losing faith in the bank's ability to combat inflation.   The ECB raised rates by 50 basis points to...

The US-China Audit Deal Explained

Beijing and Washington have agreed in principle to allow U.S. regulators to review the audits of Chinese companies that are listed on American exchanges, potentially putting an end to a dispute that had threatened to delist 200 Chinese companies, including Alibaba, from American stock exchanges....

According To Gopinath Of The IMF, Central Banks Must Take Action Against Inflation

Gita Gopinath, the first deputy managing director of the International Monetary Fund, warned world policymakers on Friday that the trade-offs that global central bankers currently face – between jobs, inflation, and growth – are likely to get worse in the coming years as the world struggles to...

China's July industrial profits fell due to COVID restrictions and heatwaves

The profits of China's industrial companies declined in July, reversing prior gains as new COVID-19 curbs reduced demand and reduced factory margins while production was threatened by power shortages brought on by heatwaves.   The National Bureau of Statistics reported on Saturday that the...
1 ... « 2 3 4 5 6 7 8 » ... 315