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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Dec 30, 2025 05:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

U.S. ISM non-manufacturing index remains unchanged in December, economy enters 2017 on strong footing

Jan 06, 2017 04:50 am UTC| Commentary

The U.S. Institute for Supply Managements (ISM) non-manufacturing index stayed the same in December at 57.2. The headline figure surprised to the upside with markets estimating a slight drop to 56.8. Along with the rebound...

Asian markets mixed ahead of NFP job data, gold hovers around $1,180 mark

Jan 06, 2017 04:42 am UTC| Commentary

All the major Asian indices were trading on a mixed note on the last working day of the week. The main event for the day is U.S. NFP job data. Yesterday U.S. released ADP job data with negative numbers at 153 K m/m vs 215...

Denmark recovery on track, driven by growing labour force and stronger global and domestic demand

Jan 05, 2017 16:44 pm UTC| Commentary Economy

Denmark is set to extend economic recovery for the fifth consecutive year. Recovery in the Nordic nation has been relatively moderate till now. But there is more distinct possibility of a more robust recovery on robust...

Global growth likely to support synchronised recovery among Nordic countries in 2017

Jan 05, 2017 15:31 pm UTC| Commentary Economy

Global economic cycle looks to be entering 2017 in a rather upbeat mood. Indicators are pointing to higher growth in all major regions at the same time which is likely to support open economies such as the...

Oil in Global Economy Series

Iraq initiates measures to cut crude oil output

Jan 05, 2017 15:07 pm UTC| Commentary

Iraq, OPECs second biggest producer has begun output cut measures in line with the OPEC decision reached last month. Iraqs oil minister Jabar Ali al-Luaibi confirmed on Thursday that Iraq has begun implementing measures to...

Central Banking Series

German economists call for ECB rate rise after upbeat Eurozone CPI data

Jan 05, 2017 14:54 pm UTC| Commentary Economy

German economists called on the European Central Bank (ECB)on Thursday to raise interest rates after euro zone consumer prices grew faster than expected in December. - It is time for a normalization, Stefan Bielmeier,...

USD/CNY likely to edge higher in the coming months – Danske Bank

Jan 05, 2017 14:45 pm UTC| Commentary

Move in USD/CNY is clearly the most significant in currency markets over the last trading sessions. Chinas offshore yuan CNH strengthened against the dollar after posting its biggest daily gain against the dollar in a...

2641 2642 2643 2644 2645 2646 2647 2648 2649 2650

Economy

Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment

Asian stock markets edged lower on Tuesday, tracking losses on Wall Street as a pullback in technology shares dampened investor sentiment. Market liquidity remained thin due to a holiday-shortened trading week,...

South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty

South Koreas factory output showed weaker-than-expected performance in November, highlighting continued uncertainty in the countrys industrial sector as global demand remains uneven. According to official data released...

Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns

Oil prices edged lower in early Tuesday trading after posting gains of more than 2% in the previous session, as commodity markets reacted to weakness in precious metals while remaining sensitive to escalating geopolitical...

U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions

The U.S. dollar traded steadily on Tuesday as investors awaited the Federal Reserves release of its December meeting minutes, which are widely expected to reveal internal divisions over the future path of monetary policy....

U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade

U.S. stock index futures were little changed on Monday evening, reflecting cautious sentiment after Wall Street closed lower amid losses in major technology stocks. With markets entering another holiday-shortened trading...

Politics

Najib Razak Files Appeal Against Latest 1MDB Corruption Conviction and 15-Year Sentence

Former Malaysian prime minister Najib Razak has filed an appeal against his latest corruption conviction linked to the multibillion-dollar 1MDB scandal, his lawyer confirmed on Tuesday. The appeal challenges both the...

Jazz Ensemble Cancels Kennedy Center New Year’s Eve Shows After Trump Renaming Sparks Backlash

A renowned veteran jazz group has become the latest artist to withdraw from performances at Washingtons Kennedy Center following its controversial renaming to include U.S. President Donald Trump. On Monday, the Cookers...

Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel

Boeing has been awarded an $8.6 billion defense contract by the United States Department of Defense for the F-15 Israel Program, marking one of the most significant recent foreign military sales agreements between...

U.S. Government Agrees to Review Frozen NIH Diversity Research Grants After Legal Challenge

The Trump administration has reached an agreement with researchers and Democratic-led states who filed a lawsuit over cuts to diversity-related research funding at the National Institutes of Health (NIH). The deal,...

Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy

Lockheed Martin Rotary and Mission Systems has received a $92.8 million contract modification from the U.S. Naval Sea Systems Command to provide ongoing AEGIS system sustainment services for allied navies in the...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026

Samsung Electronics has obtained an annual licence from the United States government that allows the South Korean technology giant to import critical semiconductor manufacturing equipment into its China-based facilities...

Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch

Applied Digital (NASDAQ: APLD) shares climbed about 1.2% in after-hours trading on Monday after the company announced a proposed business combination designed to spin off its cloud computing operations into a new,...

Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms

Meta has announced that it will acquire Manus, a Chinese artificial intelligence startup, marking another significant step in the companys aggressive push to expand its AI capabilities across both consumer and business...

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...