Menu

Search

Consumer prices in South Africa slide into the central bank’s target range; rate hike seems unlikely

Sep 21, 2016 11:16 am UTC| Commentary Economy Central Banks

Consumer prices in South Africa fell during the month of August, below the upper end of the central banks target band, for the first time in 2016, restricting a rate hike in the near-term. The rate of inflation fell to...

UK gilts modestly lower ahead of Fed policy decision; BoE quarterly bulletin also in focus

Sep 21, 2016 11:00 am UTC| Commentary

The UK gilts traded modestly lower Wednesday as investors await the Federal Reserve monetary policy decision and Fed Chair Yellens post-statement press conference, in an attempt to estimate the Feds most likely...

FxWirePro: Two new targets for our buy call in Natural gas

Sep 21, 2016 10:50 am UTC| Commentary

In a previous article, titled, FxWirePro: Buy natural gas at dips; target $4.3 per mmbtu, available at http://www.econotimes.com/, we suggesting buying natural gas as the demand outlook changes from globally due to...

U.S. existing home sales likely to have dropped further in August

Sep 21, 2016 10:48 am UTC| Commentary

U.S. existing home sales are expected to have declined further in August. In the previous month, existing home sales dropped 3.2 percent and are likely to have dropped by around 2.1 percent in August, said Societe Generale...

Global dairy prices rise in latest GDT auction, stays below market consensus

Sep 21, 2016 10:31 am UTC| Commentary Economy

Global dairy prices rose for the fourth consecutive GlobalDairyTrade (GDT) auction, driven mostly by double digit gains in whole milk powder and butter milk powder and remained below market expectations. Overall, the...

U.K. household financial expectations remain stable

Sep 21, 2016 10:26 am UTC| Commentary Economy

The seasonally adjusted U.K. Household Finance Index (HFI) fell marginally to 44.8 in September from 44.9 in August. This hints at an ongoing financial strain, household perceptions continued to be quite less downbeat than...

RBNZ likely to stand pat on policy today

Sep 21, 2016 09:59 am UTC| Commentary Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past year or so, RBNZ has reduced rates from 3.5 percent to 2 percent, which is an all-time low, however, the bank is...

  3121 3122 3123 3124 3125 3126 3127 3128 3129 3130   

Economy

Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge

U.S. President Donald Trump signed an executive order on Monday expanding access to tax-exempt dyed diesel as soaring fuel prices and global oil supply disruptions put pressure on American consumers and businesses. Under...

Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households

Australian consumer confidence fell sharply in October as households grew increasingly worried about rising living costs, higher interest rates, personal finances and the jobs outlook, according to data released Tuesday by...

Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings

Shares of South Korean chip giants Samsung Electronics and SK Hynix declined on Tuesday as investors turned cautious ahead of their third-quarter earnings reports, despite broader strength across the global semiconductor...

Asian Currencies Steady as Dollar Holds Near 18-Month High

Asian currencies traded mostly flat on Tuesday as the U.S. dollar remained close to an 18-month high, supported by elevated Treasury yields and persistent inflation concerns. The euro stayed under pressure near a 17-month...

Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure

Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious. Wall Street provided a positive lead after the...

Politics

Flavio Bolsonaro Surges as Family Scores Brazil Election Comeback

Brazils election delivered a dramatic political comeback for the Bolsonaro family, even though former President Jair Bolsonaro was not on the ballot. Bolsonaro, 71, is under house arrest while serving a 27-year sentence...

Trump Gaza Peace Plan Stalls as Israel Retains Control

US President Donald Trumps Gaza peace plan remains stalled a year after its launch, with Israel retaining control over roughly two-thirds of the enclave and continuing near-daily strikes despite an October 2025 ceasefire....

Trump Orders Firing Squad Execution for Fort Hood Gunman

President Donald Trump has approved the execution by firing squad of former U.S. Army Major Nidal Hasan, who was sentenced to death for killing 13 people in the 2009 Fort Hood shooting in Texas. Pentagon spokesperson Sean...

Becton Dickinson to Invest $3 Billion in U.S. Medical Manufacturing

Becton Dickinson and Co. (NYSE: BDX) has agreed to invest $3 billion to expand medical-product manufacturing in the United States, President Donald Trump announced Tuesday, as his administration seeks to strengthen...

OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia

OpenAI and Anthropic said they would support Australian laws requiring artificial intelligence companies to report data breaches caused by AI agents, as lawmakers consider tougher AI regulation following several security...

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

DeepSeek Seeks $12 Billion Funding Round Backed by Tencent, CATL

Chinese artificial intelligence powerhouse DeepSeek is preparing to raise at least 80 billion yuan ($12 billion) in a major funding round backed by Tencent and battery giant CATL, Bloomberg reported on Tuesday. DeepSeek...

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...

Zcash NU7 Testnet Cuts Block Time to 25 Seconds

Zcash has activated its NU7 network upgrade on the public testnet, reducing the targeted time between transaction blocks from 75 seconds to 25 seconds as developers prepare for a potential November mainnet launch. NU7 went...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.