Daily Management Review
Economics

Survey Finds UK Businesses Delay Investing In China As Growth Decelerates

According to the British Chamber of Commerce in China, 60% of British businesses believe that a slowing Chinese economy will pose a greater obstacle to their operations in the massive Asian nation than the severe COVID restrictions that were in place until late last year.   The chamber's...

Indian exchange NSE may overtake Hong Kong in total capitalization of issuers

According to the Financial Times, the National Stock Exchange of India (NSE) could soon overtake the Hong Kong Stock Exchange in terms of issuers' total capitalization and rank seventh globally. The World Federation of Exchanges (WFE) reports that as of the end of October, issuers whose shares were...

Goldman Sachs Predicts The First Of Two Fed Rate Cuts For 2024 In Q3

The U.S. Federal Reserve is now expected to drop interest rates twice in 2019, with Goldman Sachs pushing back its prediction for the first reduction to the third quarter due to declining inflation.   As previously forecasted by the brokerage, the Fed will start lowering rates in December of...

As UK Consumers Pass On Pricey Gifts, Confectioners Anticipate A Boost From The Holidays

This Christmas season, Mondelez, the owner of Cadbury and creator of Quality Street, is witnessing increasing candy sales in Britain due to budget-conscious consumers looking for less expensive presents.   Analysts and consumer companies report that this year's shoppers are purchasing gifts...

UN requests $46.4B for its humanitarian operations

The UN Office for the Coordination of Humanitarian Affairs stated on its website that the UN has asked for $46.4 billion for its humanitarian operations in 2024 to serve an estimated 181 million people in 72 countries. "On behalf of more than 1,900 humanitarian partners around the world, the UN...

Factory-Gate Deflation In China Is Intensifying, With Consumer Prices Falling At The Fastest Rate In Three Years

In November, factory-gate deflation intensified and consumer prices in China dropped for the first time in three years. This suggests that deflationary forces are intensifying as the economic recovery is questioned due to weak domestic demand.   According to data released on Saturday by the...

November Saw Strong Growth In US Job Market After The Strikes Ended, But At Slower Pace

November saw a significant pick-up in U.S. employment growth as thousands of actors and autoworkers returned to the workforce following strikes; nevertheless, the underlying trend is likely to indicate a cooling labour market.   Views that the Federal Reserve is done hiking interest rates...

For The First Time In Six Months, China's Exports Increase, Helping Manufacturing

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-biggest economy in the world are drawing customers with low prices in an effort to recover from a protracted decline in demand.   Although calls for additional policy support...

Market Speculations For 2024 Are A Complete Mess Due To The US Recession Dilemma

Diverse forecasts for the stock market and currency in 2024 have been made by investment banks and asset managers, indicating a fundamental disagreement about whether the US economy will experience the long-awaited global recession.   In sharp contrast to a year ago, when most analysts...

Moody's Issues A Downgrade Warning For China As Pressures On Growth And Real Estate Increase

On Tuesday, rating agency Moody's issued a downgrade warning for China's credit rating, citing financial burdens on the world's second-biggest economy from having to support local governments, state-owned enterprises, and manage its real estate crisis.   Less than a month after it had...
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