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

Become a contributor

Bookmark Econotimes

Commentary

Sun, Apr 19, 2026 01:41 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Hong Kong economic outlook remains sub-par amid global uncertainties

Nov 21, 2016 12:01 pm UTC| Commentary Economy

The economic outlook of Hong Kong is expected to remain sub-par amid global uncertainties, although economy continued to improve in 3Q 2016, up from the 1.7 percent y/y to 1.9 percent y/y. Growth in private consumption...

Brazil’s current account balance likely to have improved further in October

Nov 21, 2016 11:58 am UTC| Commentary

Brazils external balances are expected to flatten soon, given that imports are stabilizing. Last year, Brazils current account balance improved to a deficit of USD 58.9 billion from a deficit of USD 104.2 billion in 2014....

Commodities snapshot (precious & industrial)

Nov 21, 2016 11:36 am UTC| Commentary

Metal pack is up today. Performance this week at a glance in chart table - Gold: Gold is up today on weaker dollar. Todays range $1217-1205 We expect gold to reach $1520. Gold might reach as low as $1155 in the...

Commodities snapshot (energy)

Nov 21, 2016 11:31 am UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up today as the positive comments on the OPEC deal from Russian President Putin provide hope of a deal. Todays...

U.K. budget deficit seems to have narrowed in October

Nov 21, 2016 11:31 am UTC| Commentary

The U.K. budget deficit data for October is due to be released tomorrow, the day before the Autumn Statement. According to a Societe Generale research report, the PSNBex measure is expected to have dropped to GBP 6 billion...

Currency snapshot (commodity pairs)

Nov 21, 2016 11:25 am UTC| Commentary

Dollar index trading at 100.01 (-0.28%) Strength meter (today so far) Aussie +0.53%, Kiwi +0.23%, Loonie -0.01% Strength meter (since last week) Aussie -1.98%, Kiwi -0.77%, Loonie +0.30% AUD/USD Trading at...

Currency snapshot (major pairs)

Nov 21, 2016 11:21 am UTC| Commentary

Dollar index trading at 100.01 (-0.28%) Strength meter (today so far) Euro +0.36%, Franc -0.13%, Yen -0.02%, GBP +0.15% Strength meter (since last week) Euro +0.36%, Franc -0.13%, Yen -0.02%, GBP +0.15% EUR/USD...

2831 2832 2833 2834 2835 2836 2837 2838 2839 2840

Economy

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

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

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...