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

Become a contributor

Bookmark Econotimes

Commentary

Sat, May 02, 2026 02:36 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency snapshot (commodity pairs)

May 08, 2018 15:32 pm UTC| Commentary

Dollar index trading at 93.20 (+0.47%) Strength meter (today so far) Aussie -1.06%, Kiwi -0.85%, Loonie -0.78% Strength meter (since last week) Aussie -1.17%, Kiwi -0.63%, Loonie -1.06% AUD/USD Trading at...

Currency snapshot (major pairs)

May 08, 2018 15:18 pm UTC| Commentary

Dollar index trading at 93.17 (+0.44%) Strength meter (today so far) Euro -0.70%, Franc -0.05%, Yen -0.22%, GBP -0.51% Strength meter (since last week) Euro -0.92%, Franc -0.30%, Yen -0.09%, GBP -0.21% EUR/USD...

Oil in Global Economy Series: Platts’ survey suggests OPEC production at 32 million barrels per day in April

May 08, 2018 14:29 pm UTC| Commentary

Platts has released its April oil market production survey and it suggests that OPEC production is set for a Decline in April compared to the March, including Nigeria and Libya. The gap is calculated based on Platts survey...

FxWirePro: Short-term sell opportunity in Dow targeting 22300

May 08, 2018 14:18 pm UTC| Commentary

U.S. benchmark stock index, Dow Jones Industrial Average (DJIA) has been struggling to make gains despite better than expected earnings (earnings growth rate at 24 percent compared to 17 percent forecast), and a strong...

Global Geopolitical Series: Paraguay set to follow U.S. and Guatemala in moving Israeli embassy to Jerusalem

May 08, 2018 12:52 pm UTC| Commentary

Paraguay is ready to move its Israeli embassy from Tel Aviv to Jerusalem, making it the third such country to announce the move after the U.S. President Donald Trump recognized Jerusalem as the capital of Israel and...

FxWirePro: Sell SGX FTSE China A50 Future targeting 15 percent decline

May 08, 2018 12:38 pm UTC| Commentary

SGX China A50 future is a future contract on largest 50 A share companies by full market capitalization of the securities listed in Shanghai and Shenzhen stock exchanges. A CFD (Contract for difference) instrument is also...

Wider China-U.S. trade surplus unlikely to obstruct bilateral talks, says ANZ Research

May 08, 2018 10:01 am UTC| Commentary Economy

The widening China-US trade surplus reflects the difficulty of significantly closing the trade gap between the two countries in the near term, but it is unlikely to obstruct the constructive progress made recently,...

1261 1262 1263 1264 1265 1266 1267 1268 1269 1270

Economy

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Oil Prices Fall as Iran Proposes New Deal Amid Ongoing U.S. Tensions

Oil prices dropped on Friday, reversing earlier gains after Iran signaled a potential step toward de-escalation by submitting a new proposal through Pakistani mediators. The development comes amid continued geopolitical...

Oil Prices Rise Amid Iran Conflict and Strait of Hormuz Disruption

Oil prices climbed on Friday as geopolitical tensions in the Middle East continued to unsettle global energy markets. Efforts to resolve the ongoing conflict involving Iran remain stalled, with Tehran maintaining its...

Politics

U.S. Fast-Tracks $8.6 Billion Arms Sales to Middle East Allies Amid Rising Tensions

The Trump administration has approved over $8.6 billion in military sales to key Middle East allies, including Israel, Qatar, Kuwait, and the United Arab Emirates, bypassing the usual congressional review process. This...

Judge Rules Use of Military Lawyers in Civilian Prosecutions Is Lawful

A federal judge in Minnesota has ruled that the Trump administrations decision to assign military lawyers to assist in prosecuting civilians does not violate federal law. The decision comes from U.S. Magistrate Judge...

U.S. Flags Vietnam as “Priority Foreign Country” Over Intellectual Property Concerns

The Office of the United States Trade Representative (USTR) has officially designated Vietnam as a Priority Foreign Country in its latest annual intellectual property (IP) report, signaling heightened concern over the...

Japan Eases Arms Export Rules, Opening Door for Potential Ukraine Defense Support

Japans recent relaxation of its weapons export rules could pave the way for future discussions on supplying military equipment to Ukraine, according to Kyivs ambassador to Tokyo. The policy shift, led by Prime Minister...

FEMA Reinstates Employees After Dissent Letter, Signaling Shift in Workforce Stability

The U.S. Federal Emergency Management Agency (FEMA) has reinstated more than a dozen employees who were placed on administrative leave in August 2025 after signing a public letter criticizing agency leadership and...

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

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...