Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Economy

Fri, Jan 02, 2026 07:52 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

'Where would we live otherwise?': the rise of house-sitting among older Australians

Feb 18, 2022 04:52 am UTC| Economy Real Estate

The severe lack of affordable housing is hurting Australians right across the community from young renters, to families seeking to buy and older people needing a stable home. The number of Australians over 55 who are...

Australian unemployment steady at 4.2%, but it will need to go lower still to lift wages

Feb 18, 2022 04:52 am UTC| Economy

Thursday brought news that Australias official unemployment rate in January remained at a historically low 4.2%. In parliament, Prime Minister Scott Morrision boasted of the nation being on track to achieve a rate with a 3...

More S. Korean firms collecting their used product containers for recycling

Feb 17, 2022 23:15 pm UTC| Economy Nature Business

More South Korean companies in South Korea, such as CJ Cheiljedang Corp., Shinsegae International Inc., and Jeju Samdasoo are collecting empty containers from their customers to boost the recycling rate. Last month, CJ...

James Harden’s new Adidas signature shoe to drop as he is shipped to Philly

Feb 17, 2022 23:15 pm UTC| Economy Sports

Coincidentally, the Adidas Harden Vol. 6 in a Pulse Aqua colorway is ready to drop this Friday, February 18th on adidas.com after James Harden was shipped off to Philadelphia 76ers for Ben Simmons and other key pieces in...

Kirin to sell China joint venture for $994 million, focus more on pharma business

Feb 17, 2022 23:14 pm UTC| Economy Business

Japanese beer and beverage maker Kirin is selling its China soft drinks joint venture to a Chinese investment fund, Plateau Consumer, for $994 million to enhance its pharmaceutical business. The sale covers Kirins...

Atlanta Braves digitally recreates ballpark to become first MLB team to join the metaverse

Feb 17, 2022 23:10 pm UTC| Sports Technology Economy

The Atlanta Braves digitally recreated its Truist Park home using Epic Games Unreal Engine technology to become the first Major League Baseball (MLB) team to enter the metaverse. Fans will be able to visit a...

Kia, Hyundai, Hankook team up with fashion groups to promote eco-friendliness, brand awareness

Feb 17, 2022 22:40 pm UTC| Economy Nature Business

South Korean carmakers and tire makers have been actively collaborating with fashion companies to promote eco-friendly ventures. Last month, Kia Corp., South Koreas second-largest automaker, partnered with outdoor brand...

1481 1482 1483 1484 1485 1486 1487 1488 1489 1490

Economy

Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading

Most Asian currencies traded near flatline levels on Friday as the U.S. dollar edged lower in thin holiday trading at the start of the new year. Reduced market participation across the region kept trading volumes subdued,...

South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets

South Koreas won weakened on the first trading day of the year, slipping against the U.S. dollar despite renewed commitments from monetary and fiscal authorities to stabilize foreign exchange markets. The move highlights...

Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains

Asian stock markets opened the new year on a positive note on Friday, with technology and semiconductor stocks leading gains across the region, despite subdued trading volumes caused by holiday closures in major markets....

Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook

Oil prices edged slightly higher on Friday, marking a steadier start to 2026 after suffering their steepest annual decline since 2020. Investors are cautiously balancing renewed geopolitical tensions with expectations that...

Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026

Asias major manufacturing economies ended 2025 on a stronger note, as factory activity rebounded across several key markets, supported by rising export orders, renewed global demand, and new product launches. Purchasing...

Politics

Zohran Mamdani Sworn In as New York City Mayor, Pledges Bold Progressive Agenda

Democrat Zohran Mamdani was officially sworn in as New York Citys mayor on Thursday, marking the beginning of a new political era focused on affordability, social equity, and progressive reform in the nations largest city....

Xi Jinping to Host South Korean President Lee Jae Myung as China Seeks to Strengthen Seoul Ties

Chinese President Xi Jinping is set to host South Korean President Lee Jae Myung on a state visit beginning Sunday, highlighting Beijings strategic push to strengthen relations with Seoul amid heightened regional tensions...

Russia and Ukraine Trade Accusations Over New Year Attacks as Peace Talks Intensify

Russia and Ukraine accused each other of targeting civilians during New Year attacks, as the nearly four-year-old war continues amid renewed diplomatic efforts led by U.S. President Donald Trump. The latest exchange of...

Venezuela Frees More Detainees After 2024 Election Protests Amid Rising U.S. Pressure

Venezuelas government has released 88 additional people who were detained following protests that erupted after the countrys disputed July 2024 presidential election, marking the second large-scale release of detainees in...

Bolsonaro Discharged From Hospital and Transferred to Prison After Medical Treatment

Former Brazilian President Jair Bolsonaro was discharged from a hospital in Brasília on Thursday and transferred back into custody to continue serving his prison sentence, according to local media and Reuters...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...