Daily Management Review
Economics

South Korea to limit trade in crypto-currencies

The government of South Korea intends to limit the trade in crypto-currencies, Bloomberg reports citing the department for the coordination of state policy of the country. A temporary working group will be assembled to develop a new state policy - it will also consider the option of introducing a...

Goldman believes in commodities

Goldman Sachs Group Inc. predicts that commodities will yield better returns than other assets in the long term, writes Bloomberg. Strong growth in global demand for commodities gives more grounds for investing in them, the bank's report of December 11 says. Goldman expects a return of 10% in 2018,...

Call For Improvement In Cold Chain Systems In Asia-Pacific Given For Improving Industry Output

Calls to seriously consider the present system of Cold Chain practices and make improvement to   the entire logistical set up in the Asia Pacific region so that it can be ensured that cold chain systems can be put in place in the various countries located in the region, was given by Fiji...

Alarm Bells Around Bitcoin’s Volatility Rings Louder Even As The Cyptocurrency Shoots Past $16,000

Questions about whether bitcoin is in a bubble and is about to burst are being raised after the cryptocurrency surpassed the $16,000 mark as it saw a 67 percent rise in value during last week.   Investor interest has been fueled by the impending launch of bitcoin futures and there was...

Strong PMI Numbers For British Manufacturing And Construction Offset Slight Fall In Services Sector For November

There is potential of the inching up of the British economic growth in the present quarter as is evident from the data showing strong manufacturing sector and construction sector growth despite a slight slowdown in the services sector, showed a survey of all the three sectors.   The large...

Bitcoin jumps over $ 15 thousand

On Thursday, December 7, Bitcoin’s rate updated the maximum, reaching $ 15 thousand. Now the cost of one coin is $ 15,080, according to the data of the Coinmarketcap service. Capitalization of the first crypto currency has exceeded $ 250 billion. For comparison, the current capitalization of...

Europe becomes the world leader in banking regulation

Europe is becoming the world leader in banking regulation. At least five new sets of rules should soon enter into force in the EU. They will open the banking sector of the Old World for greater competition, tighten the rules of trading, reduce the reporting profit and raise capital requirements....

China to become the world’s largest importer

China, which is the world's largest exporter, may become the world's largest importer in the next few years, Bloomberg reports. China is already importing more than the US from Asia, Africa, Oceania, South America and Eastern Europe, and it is likely to outpace the United States in the next five...

The Riyadh Exchange is switching to Nasdaq technologies

The Saudi Arabia Stock Exchange is hiring a group of American specialists from Nasdaq to replace the 16-year registration, depository and settlement infrastructure, as it is facing problems including the upcoming listing of Saudi Aramco. The Kingdom is rapidly developing its stock market, which has...

The United States: China is not a market economy

The United States officially announced to the World Trade Organization (WTO) that they oppose giving China the status of a market economy. Such a position will allow Washington to maintain high anti-dumping duties on Chinese goods, reports Reuters. This decision supports the position of the...
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