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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Oct 01, 2026 10:25 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Commodities snapshot (energy)

Dec 01, 2017 14:01 pm UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table, Oil (WTI) Oil price down this week, despite OPEC extending production deal. Todays range - $58-$57.3 WTI is currently trading...

Currency snapshot (commodity pairs)

Dec 01, 2017 13:45 pm UTC| Commentary

Dollar index trading at 93.11 (+0.05%) Strength meter (today so far) Aussie +0.15%, Kiwi +0.27%, Loonie +0.90% Strength meter (since last week) Aussie -0.58%, Kiwi -0.15%, Loonie -0.72% AUD/USD Trading at...

Currency snapshot (major pairs)

Dec 01, 2017 13:36 pm UTC| Commentary

Dollar index trading at 93.11 (+0.04%) Strength meter (today so far) Euro -0.10%, Franc +0.08%, Yen +0.10%, GBP -0.33% Strength meter (since last week) Euro -0.37%, Franc -0.58%, Yen -0.88%, GBP +1.18% EUR/USD...

OPEC extends oil production cut to end-2018, likely to cut production by 600k b/d – Nordea Bank

Dec 01, 2017 13:21 pm UTC| Commentary

During its meeting yesterday, the OPEC members agreed to extend the oil production cuts by nine months to the end of next year, as was expected widely. The OPEC production target was set at 32.5 million barrels per day in...

Global Geo-political Series: EU to slash pre-accession aid to Turkey by €105 million

Dec 01, 2017 13:12 pm UTC| Commentary

The members of the European Union have agreed to cut accession funds to turkey to the tune of 105 million and freeze payments of another 70 million. The cuts included in the EUs 2018 budget have been approved by both the...

FxWirePro: Oil price movements suggest 9-month extension was fully priced in

Dec 01, 2017 12:47 pm UTC| Commentary

Last night, despite opposition from Russia, OPEC and non-OPEC participating countries could agree to extend the current production deal, which was first agreed to in November 2016 for another nine months. This is the...

Thai headline and core inflation rise in November, BoT likely to keep policy rate stable for some time

Dec 01, 2017 12:32 pm UTC| Commentary

Thai headline and core inflation came in line with expectations in November, mainly driven by higher crude oil prices. The headline consumer price inflation rose 0.07 percent sequentially, marking the second consecutive...

1681 1682 1683 1684 1685 1686 1687 1688 1689 1690

Economy

IMF Says Global Bond Markets Remain Orderly Despite Yield Surge

The International Monetary Fund said global bond markets remain orderly despite a sharp rise in government bond yields that has driven borrowing costs to their highest levels in decades. The 10-year U.S. Treasury yield...

Oil Prices Surge as U.S.-Iran Tensions Fuel Supply Fears

Oil prices jumped on Thursday as escalating U.S.-Iran tensions revived concerns over Middle East supply disruptions, with reports suggesting Washington is preparing to deploy additional forces to the region. Brent crude...

Wall Street Edges Higher as Treasury Yields Retreat

Wall Street opened October with modest gains on Thursday as falling U.S. Treasury yields helped offset a sharp rise in oil prices and renewed concerns over inflation. The SP 500 gained 0.3% to close at 7,670.36, while the...

Nasdaq Futures Jump as Micron Earnings Boost AI Trade

U.S. stock futures climbed Thursday, led by a sharp rise in Nasdaq futures after strong earnings and guidance from Micron Technology reinforced investor confidence in artificial intelligence-driven chip demand. Wall Street...

South Korea Exports Surge 83.5% on AI Chip Boom

South Korean exports surged far more than expected in September, driving the countrys trade surplus higher as strong global demand for artificial intelligence chips and electronics continued to support Asias fourth-largest...

Politics

Israeli Settler Attack in West Bank Kills Palestinian

Israeli settlers shot two Palestinians during an attack on the village of Yasuf in the occupied West Bank on Thursday, killing one and injuring another, according to Palestinian officials. The incident comes amid...

Ukraine Deploys FP-7 Ballistic Missile in Combat for First Time

Ukraine has used its domestically developed FP-7 tactical ballistic missile in combat for the first time, marking a significant step in Kyivs efforts to expand its long-range strike and missile capabilities, President...

Putin Says Western Firms Could Regain Russian Assets

Russian President Vladimir Putin said Western companies could eventually regain control of their Russian assets if relations improve and a favourable scenario emerges between Moscow and Western governments. Speaking...

Marco Rubio to Visit Iceland, Greece and Portugal

U.S. Secretary of State Marco Rubio will travel to Iceland, Greece and Portugal next week as Washington seeks to strengthen economic, security and diplomatic cooperation with key European partners. The State Department...

US Waives $320M Egypt Military Aid Conditions After Iran War Role

The United States has waived human rights conditions tied to $320 million in military aid for Egypt, citing Cairos national security importance and its helpful role following the launch of the US-led military campaign...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

California AG Subpoenas OpenAI Over AI Cybersecurity Incidents

California Attorney General Rob Bonta served OpenAI with an investigative subpoena Wednesday, escalating a state investigation into cybersecurity incidents involving the artificial intelligence company and its models. The...

WordPress Malware Uses Ethereum to Evade Removal

Security researchers have uncovered a persistent WordPress malware strain that uses Ethereum infrastructure for command-and-control communications, making infected websites unusually difficult to clean. According to...

DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin

DogeOS has launched a public testnet designed to bring Ethereum-style decentralized finance applications to Dogecoin, potentially expanding DOGEs utility beyond payments and price speculation. The Ethereum-compatible...

Tencent Signs $7 Billion Oracle AI Chip Lease Deal

Tencent has signed a $7 billion agreement with Oracle to access roughly 100,000 advanced artificial intelligence chips, marking a major expansion of the Chinese technology giants AI infrastructure, according to the...

Micron Forecast Tops Estimates as AI Memory Demand Stays Strong

Micron Technology delivered a stronger-than-expected fiscal first-quarter 2027 outlook, supported by robust demand for memory chips used in artificial intelligence infrastructure, although signs of slowing earnings growth...