Daily Management Review
Economics

Cryptocurrencies Rise As Investors Get More Bullish About Ether ETFs

Amid concerns over the outcome of applications for U.S. spot exchange-traded funds that track the second-biggest cryptocurrency globally, ether was poised for its best two-day rise in almost two years on Tuesday. Meanwhile, bitcoin was getting close to a new high.   After rising 13.8% on...

Kishida Of Japan Publicly Advocates For Reformation To The Capital Market

At a speech to hundreds of international investors in Tokyo on Wednesday, Japanese Prime Minister Fumio Kishida publicly pushed for further capital market changes and emphasised asset management.   His attendance at a conference hosted by Wall Street bank Morgan Stanley (MS.N), opens new...

Metals And Equities Rise As Prospects Of A Rate Cut Solidify

Asian stocks reached two-year highs on Monday, while records were set for copper and gold as investors bet on impending interest rate cuts and China ramping up measures to stabilise its faltering real estate industry.   Following the death of Iran's president in a helicopter accident and the...

China's Efforts To Support Property Market Are Disappointing

On Monday, investors expressed concern that China's "historic" efforts to stabilise its property market were insufficient to promote a long-term increase in demand and trust, which caused shares of Chinese developers to tremble.   After rising over 18% so far this month, Hong Kong's Hang...

Cryptocurrency Venture Capital Financing Has Reached $2.4 Billion, According To Pitchbook

According to Pitchbook statistics, investment in cryptocurrency startups increased for a second consecutive quarter to $2.4 billion in the first three months of 2024 as investor hunger was piqued by the prospect of lower interest rates and the launch of the first bitcoin spot ETF in the United...

Hong Kong's GDP growth in Q1 was the highest in a year

Hong Kong's GDP growth surged quarterly but declined annually in the first quarter of 2024. The final data was published in a report by the Statistical Office, which stated that the GDP volume climbed by 2.3% from January to March compared to the preceding three months, which was the largest rise...

Study Reveals An Increasing Number Of Illnesses Are Caused By Obesity And Excess Blood Sugar

A significant multinational research published on Thursday revealed that, compared to 2000, metabolic problems such as obesity, high blood sugar, high blood pressure, and other metabolic disorders cause over 50% more years of good life to be lost to disease or early death.   The number of...

China Promises To Boost The Suffering Real Estate Industry With A Number Of Measures Totaling $42 Billion

In an attempt to assist developers gain additional cash to finish work on pre-sold residences, Chinese officials on Friday announced fresh backing for state-owned firms to allow them to buy unsold units.   Beijing's recent attempts to resolve problems in the enormous real estate industry...

Hopes For A Rate Cut And Weak Us Economic Data Drive Inflows Into Global Equities Funds

In the seven days leading up to May 15, demand for global equities funds was robust for the third straight week. This demand was supported by a less positive U.S. employment report and lower-than-expected inflation numbers, which raised hopes that the Federal Reserve may start reducing rates this...

India in March imports maximum LNG volume in the post-covid era

The country’s ministry of commerce and industry reports that India imported 2.304 million tons of liquefied natural gas in March 2024, a 20 percent increase from 1.924 million tons in the same month the previous year. This is the greatest level in the previous 41 months since October 2020....
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