Daily Management Review
Economics
U.K Still Unsure Of The Economic Damage And Awaits The Storm Frank To Pass

U.K Still Unsure Of The Economic Damage And Awaits The Storm Frank To Pass

Devastating effects of the natural calamities could put pressure on the insurance policy holders, as the Storm Frank is being awaited in U.K. Late on Tuesday, Storm Frank brought new battering tidings for England, whereby the cost estimated for cleaning up the flooding effect that took place in the...
The Manufacturing Industry Of U.K. To ‘Expand’ In The Year Of 2016

The Manufacturing Industry Of U.K. To ‘Expand’ In The Year Of 2016

After facing a shrinking effect, the manufacturing sector of U.K can expect to grow, shows forecasts. A report reveals that even though the manufacturing activity in U.K has shrunk this year, there are good chances that it will expand in the coming year; although thousands of industrial jobs could...
Japan’s 2016 Budget Makes A Record Amount Approved

Japan’s 2016 Budget Makes A Record Amount Approved

The coming year’s budget for Japan, earmarks extra spending quota for defence and social security. The Japanese Cabinet Budget for 2016 has made a new record of “$800bn”. There is an extra spending quota under “defence and social security” categories, whereby forming the “key features of the 2016...
Swedish Currrency On The Rise While Yuan Hit Past Four Year’s Low

Swedish Currrency On The Rise While Yuan Hit Past Four Year’s Low

Given the strong demand for dollar, yuan’s rate fell in the offshore trade, while crown exhibited strong performance. On Tuesday, China’s yuan plummeted “to their weakest” as per offshore rates. The fell came after the “hefty two-day devaluation” that took place in the month of August. Moreover,...
Green Alternatives To Shake The Foundations Of Conventional Power Sector

Green Alternatives To Shake The Foundations Of Conventional Power Sector

Solar power and cheaper batteries have pushed the conventional electricity market to take a back seat. There has been a natural monopoly between the suppliers which enjoyed for a long time. However, the launch of “budget batteries” along with “cheaper solar power” has opened up a “growing number of...
Spending and Subsidy Cut Announcements by Saudi Government Forces Stocks Drop

Spending and Subsidy Cut Announcements by Saudi Government Forces Stocks Drop

After the announcement by Saudi Arabian of one of its biggest shake-ups in economic policy, stocks of the country were poised for the steepest decline in two months. Forward contracts for the riyal surged.   There was a dip of Tadawul All Share Index on Wednesday in Riyadh. Even after the...
Shrinking Revenue from Crude Oil Forces Saudi Arabia to Plan Cuts to Shrink $98bn Budget Deficit

Shrinking Revenue from Crude Oil Forces Saudi Arabia to Plan Cuts to Shrink $98bn Budget Deficit

After plunging oil prices resulted in a record annual budget deficit of nearly $98bn, Saudi Arabia has announced plans to cut government spending and reform its finances.   Officials said that nearly 15% of the gross domestic product of the country that is equivalent to 367bn riyals...
Global Glut Forces Oil Prices to Hover Around Near 11- year Lows

Global Glut Forces Oil Prices to Hover Around Near 11- year Lows

Under pressure from slowing global demand and abundant supplies and with Saudi Arabia signaling no change to its oil policies and Iran preparing to ramp up exports, oil prices steadied not far off their 11-year lows on Tuesday.   International benchmark Brent stood less than a dollar away...
U.S, Gathers Support For Crude While The Oil Price Come Crumbling Down

U.S, Gathers Support For Crude While The Oil Price Come Crumbling Down

The oil market of the U.S. has come close to the low margin ever shown in the last eleven years. On the 24th of December 2015 oil prices climbed higher than “$38 a barrel” but shortly after that the prices retreated, whereby keeping the price range “within sight of an 11-year low” in this week....
Financial Sector Dictates The Final Trading Terms Of 2015

Financial Sector Dictates The Final Trading Terms Of 2015

The investors are hoping that the yearend trading graph will be in favour of the financial sector. The year has come to an end and the “last few trading days” are being waited upon with expectations to take him each one’s share of fortunes, while it is thought that the financial sector dictate the...
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