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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Apr 28, 2026 05:48 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency snapshot (commodity pairs)

Sep 12, 2017 12:54 pm UTC| Commentary

Dollar index trading at 91.97 (+0.08%) Strength meter (today so far) Aussie +0.06%, Kiwi +0.54%, Loonie -0.23% Strength meter (since last week) Aussie -0.20%, Kiwi +0.59%, Loonie -0.35% AUD/USD Trading at...

Currency snapshot (major pairs)

Sep 12, 2017 12:42 pm UTC| Commentary

Dollar index trading at 91.95 (+0.05%) Strength meter (today so far) Euro -0.17%, Franc -0.30%, Yen -0.30%, GBP +0.80% Strength meter (since last week) Euro -0.10%, Franc -0.59%, Yen -0.63%, GBP +0.20% EUR/USD...

‘Long Bitcoin’ most crowded trade according to BofAML’s FMS

Sep 12, 2017 12:23 pm UTC| Commentary

According to Bank of America Merrill Lynchs Global fund managers survey for the month of September, long Bitcoin is the most crowded trade. The monthly Global Fund Manager Survey by Bank of America Merrill Lynch (BofAML)...

U.S. Treasuries collapse ahead of 10-year, 30-year auctions; hopes of rise in August PPI push yields higher

Sep 12, 2017 11:01 am UTC| Commentary Economy

The U.S. Treasuries nose-dived Tuesday as investors wait to watch the countrys 10-year auction, scheduled to be held today by 17:00GMT, besides, the JOLTs job openings report, due by 14:00GMT. Further, the 30-year bond...

German bonds trend lower ahead of 10-year auction, August CPI inflation

Sep 12, 2017 10:35 am UTC| Commentary Economy

The German government bonds trended lower Tuesday as investors wait to watch the countrys 10-year auction, scheduled to be held on September 13 by 09:35GMT. Also, the consumer price inflation index, due on the same day by...

UK gilts plunge after August CPI beats expectations, raising hopes of BoE rate hike

Sep 12, 2017 09:23 am UTC| Commentary Economy

The UK gilts plunged Tuesday after the countrys consumer price inflation index (CPI) for the month of August exceeded market hopes, adding to possibilities of an interest rate hike by the Bank of England (BoE) at its...

Japan likely to expand around 2 pct q/q annualized through rest of fiscal 2017, says Danske Bank

Sep 12, 2017 08:55 am UTC| Commentary Economy

The Japanese economy is expected to register GDP-growth of around 2 percent q/q annualized through the rest of fiscal 2017 and a significant slowdown in fiscal 2018 when stimulus starts to wear off. Public spending is also...

1881 1882 1883 1884 1885 1886 1887 1888 1889 1890

Economy

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom

Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns

The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

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

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

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...