Daily Management Review
Economics

China steps up efforts to attract private investments

China has promulgated guidelines for attracting more private capital to projects in the format of public-private partnership (PPP), Reuters reports. The government will strengthen financial support for PPP projects by attracting private capital through measures such as investment subsidies, the...

OCED Revises Global Economic Growth To 3.6 Percent For 2017

It is expected that the global economy would grow at the rate of 3.7 percent in the year 2018 and for the current year, it is estimated to clock a growth rate of 3.6 percent this year. The anticipated rate of growth would be the best for the all of the world economies combined since 2011.  ...

Goldman Says Indian Bonds Beaten By India’s Stocks Even Though They Are Expensive

While there are predictions that the earnings growth of the Indian stocks to be approaching 20 percent, experts are of the opinion that compared to India’s bonds, it is much better to invest in India’s stocks even though they are the most expensive in Asia.   “The total return on equities...

Bundesbank Urges Not To Take German Economic Race Lightly

Low interest rates and positive economic environment in German could be taking attention of the “market participants” away from “rising risk”. Starting from “weak banks” to the high prices of real estate, “a host of risks” seem to knocking at the door of German economy, while the Bundesbank draws...

New head of PDVSA: We will get rid of corruption

The new head of the oil industry of Venezuela, Manuel Quevedo, promised to eradicate corruption in the state oil company PDVSA in his two-minute military speech during his inauguration, without offering clues as to how he plans to cope with the onerous debt burden of the company. President Nicholas...

WSJ: Emerging economies lost to developed markets

Over 10 years, the stock markets of developed countries skyrocketed, although their economies were growing extremely slowly because of the consequences of the financial crisis. On the contrary, many developing countries quickly increased their GDP, but their stock markets fell far behind. "It's...

New Record High Touched By Bitcoin As $10,000 Seems In Sight

In the last three days, bitcoin has gained over a fifth in value and has again touched a new high while seemingly all set to touch the $10,000 (£7,493.59) mark, ending a few percentages away on Monday.   For the year 2017 there has been a tenfold increase in the value of the cryptocurrency...

Report Warns Of Slow Growth And Loss Of Competitiveness For United States And Canada By Scrapping NAFTA

In a sort of the warning to the countries associated with the North American Free Trade Agreement (NAFTA), the Bank of Montreal said on Monday that scrapping of the deal would prove costly to both the U.S. and Canadian economies as it would effectively decrease their competitiveness in comparison...

Coinome: The First ‘Crypto-Currency’ Exchange In India Dealing In 20 ‘Mainstream Crypto-Currencies’

BillDesk has launched the first exchange for crypto-currencies in Indian market. Last week, Mumbai, India based Billdesk, a “payment gateway”, has launched the “first crypto-currency exchange” of India, called “Coinome”.   Users will be able to board Coinome transaction vide “Instant e-KYC”...

Donald Trump: America’s economy is booming

The US economy is booming, despite the ongoing investigation of the "Russian trace", US President Donald Trump wrote on his Twitter page. "From the first day that I took office, everything you hear is a false explanation of the democrats for losing the election: Russia, Russia, Russia. Despite of...
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