Daily update takes place in Avonmora at 0.00
This is when the day changes and some things are scheduled to take place during this time.
Here is an overview of most things that take place, in the order they take place:
1.Resources update (every 3 days)
2.Stats/Maintenance routines
3.Ships Owned Tax Law
4.Upkeep
5.Fame Bonuses from girls/King status
6.Governors daughters interest deteriorates
7.Bunch of statistics/maintenance
8.New day dawns
9.Loans
10.Loans Insurance Law
11.Acres Rental Daily fee (if applicable. it does not generate an event)
12.Statistics/Maintenance
(Last update June 3,2018)