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

Become a contributor

Bookmark Econotimes

Business

Mon, Apr 27, 2026 06:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Metaverse: LG CNS, Unity Technologies join forces for metaverse business partnership

Oct 01, 2022 07:51 am UTC| Business Digital Currency Investing

LG CNS, a subsidiary of LG Corporation that provides information technology, business process outsourcing, system and network integration, and consulting services, has teamed up with Unity Technologies video game software...

Hyundai Motor wins Red Dot Award's ‘Luminary’ honor for trailer drone

Sep 30, 2022 23:53 pm UTC| Economy Business Life

Hyundai Motor Companys Trailer Drone fully autonomous hydrogen mobility concept won the carmaker its first-ever Luminary honor at Red Dot Award. Germanys Design Zentrum Nordrhein-Westfalen hosts the annual event. The...

Korean Air inks 5-year deal to buy sustainable aviation fuel from Shell

Sep 30, 2022 23:53 pm UTC| Business Economy

Korean Air Lines Co. has signed a five-year deal to purchase sustainable aviation fuel (SAF) from the British firm Royal Dutch Shell plc. beginning in 2026 to help combat climate change. According to Korean Air, it will...

KEPCO to increase Q4 electricity rates due to high costs, losses

Sep 30, 2022 23:53 pm UTC| Business Economy

Korea Electric Power Corp. (KEPCO) will raise fourth-quarter electricity rates for consumer and industrial use due to high energy costs and mounting losses. South Koreas state power utility decided to jack up the...

S. Korean products deal with more import restrictions every year: data

Sep 30, 2022 23:52 pm UTC| Business Economy

The number of import restrictions on South Korean products rose from 187 cases in 2017 to 210 cases in 2021, according to a Korea Trade-Investment Promotion Agency (KOTRA) report. Early this year, 27 countries imposed...

Kappa Sushi president arrested on suspicion of stealing data from rival chain

Sep 30, 2022 23:52 pm UTC| Law Economy Business

Tokyo police arrested Koki Tanabe, the president of the operator of the Kappa Create sushi restaurant chain, on suspicion of fraudulently obtaining confidential information on a rival company. Tanabe, 46, president of...

Japanese beer lovers make bulk purchases ahead of price hikes

Sep 30, 2022 23:52 pm UTC| Life Economy Business

Japanese consumers made last-minute bulk purchases of beer before the October price increases. Beer is one of about 6,500 food products that will cost more, according to a survey by research company Teikoku Databank...

1971 1972 1973 1974 1975 1976 1977 1978 1979 1980

Economy

Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom

The Bank of England (BoE) is widely expected to keep interest rates unchanged this week as policymakers assess the growing economic risks tied to the ongoing Iran war and rising inflation pressures. After maintaining...

Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push

Chinese semiconductor stocks rallied sharply on Monday, driven by continued optimism around the countrys artificial intelligence (AI) sector and renewed momentum from the launch of new AI models. Investors showed strong...

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Oil Price Forecasts Rise for 2026 as Middle East Supply Risks Persist

Global investment banks are raising their oil price forecasts for 2026 as ongoing supply disruptions in the Middle East continue to tighten the market. Goldman Sachs recently increased its outlook for crude oil, projecting...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Politics

Russian Drone Strike on Odesa Injures Civilians and Damages Key Infrastructure

An overnight Russian drone strike on the southern Ukrainian city of Odesa injured at least 10 people, including two children, according to Ukrainian officials on Monday. The attack caused significant damage to residential...

Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets

U.S. President Donald Trump said Iran can initiate negotiations to end the ongoing two-month conflict simply by making contact, even as diplomatic efforts show little progress. His remarks came as Irans Foreign Minister...

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

Erdogan Condemns White House Correspondents’ Dinner Shooting, Voices Support for Trump

Turkish President Recep Tayyip Erdogan expressed strong support for former U.S. President Donald Trump following a shocking shooting incident at the White House Correspondents Association dinner. According to an official...

Trump Gala Security Scare: Suspect Arrested After Attempted Attack on U.S. Officials

A dramatic security incident at a high-profile Washington gala has raised serious concerns about the safety of U.S. officials and the growing threat of political violence. Authorities arrested a 31-year-old suspect,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push

Demand for alternative satellite services in the United States continues to grow, even as SpaceX pushes regulators to tighten market access for foreign competitors. According to Eutelsat CEO Jean-Francois Fallacher, U.S....

SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback

Shares of SMC Corp (TYO:6273) surged sharply on Monday following news that activist investor Palliser Capital has taken a significant stake in the Japanese industrial automation company and is urging aggressive shareholder...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...