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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Oct 07, 2026 02:58 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Australia’s trade deficit remains wider than expected in June

Aug 02, 2016 07:04 am UTC| Commentary

Australias trade balance worsened during the month of June, with the deficit remaining wider than what the markets had expected. The Australian trade deficit stood at AUD3.2 billion in June, compared to AUD2.2 billion...

Brazil’s industrial production likely grew again in June

Aug 02, 2016 06:58 am UTC| Commentary

In the past few months, the rate of contraction of Brazils industrial output has slowed down as compared to the second half of last year and early 2016. The seasonally adjusted index has recorded three straight monthly...

US construction expenditure seen on downward shift; construction spending falls 0.6 pct in June

Aug 02, 2016 06:51 am UTC| Commentary Economy

Nominal value of US construction spending reached a seasonally adjusted USD 1, 133.5 billion in June, declining 0.6 percent in the month, the third straight month of decline. This is a huge miss as compared to the...

Australia’s building approvals decline for 2nd consecutive month in June

Aug 02, 2016 06:47 am UTC| Commentary

Building approvals in Australia during the month of June decline for the second straight month in a row, adding evidence that Australias residential construction boom has now become a past. Australias housing approvals...

New Zealand bonds plunge on higher inflation expectations; employment report eyed

Aug 02, 2016 06:27 am UTC| Commentary

The New Zealand government bonds plunged on Tuesday after the RBNZ in its latest survey mentioned that the countrys inflation will expand 1.65 percent in two-year span of time. Also, investors await the second-quarter...

Australian bonds continue to rally after RBA cuts interest rate to new record low

Aug 02, 2016 05:48 am UTC| Commentary Central Banks

The Australian government bonds continued to rally on Tuesday after the Reserve Bank of Australia lowered its key interest rate by 25 basis points for the first time in last three months to a new record low of 1.50...

South Korean inflation eases to 10-month low in July, stays lower than expected

Aug 02, 2016 05:46 am UTC| Commentary

Consumer prices in South Korea fell to 10-month low during the month of July, remaining slightly below what markets had earlier expected, weighed by softer local demand and low energy-import costs. South Koreas consumer...

3371 3372 3373 3374 3375 3376 3377 3378 3379 3380

Economy

Japan Real Wages Rise 1.5%, Supporting BOJ Rate Hikes

Japans inflation-adjusted wages increased for an eighth consecutive month in August, signaling continued improvement in household purchasing power and strengthening expectations that the Bank of Japan could pursue further...

Iran Tanker Attacks Surge as Hormuz Oil Flows Near Prewar Levels

Iran has intensified attacks on tankers in the Strait of Hormuz even as oil shipments through the crucial waterway recover toward levels seen before the war, raising fresh concerns over Middle East energy security. UK...

Oil Prices Rise as Hormuz Attacks Fuel Supply Fears

Oil prices reversed earlier losses on Tuesday as escalating security risks in the Strait of Hormuz and Yemen outweighed improving Middle East crude exports and plans by Group of Seven nations to release emergency reserves....

S&P 500 Hits Record High as AI Rally Lifts Wall Street

Wall Street advanced on Tuesday, pushing the SP 500 and Nasdaq Composite to record closing highs as enthusiasm over artificial intelligence, easing Treasury yields and relatively subdued oil prices supported investor...

Gold Prices Rise as Dollar Weakens, Treasury Yields Ease

Gold prices edged higher on Tuesday as a weaker U.S. dollar and easing Treasury yields provided support, although rising oil prices limited bullions advance. Spot gold climbed 0.6% to settle at $4,163.97 per ounce, while...

Politics

Rapidus Seeks Chip Customers as Japan Pushes 2nm Semiconductor Revival

Japans Rapidus is expanding partnerships with global chip design companies as the state-backed semiconductor manufacturer races to secure customers for its planned 2-nanometre production facility. Backed by roughly $15...

Vance Demands Iran Cut Nuclear Enrichment to End War

US Vice President JD Vance said Iran must significantly reduce its nuclear enrichment capacity before Washington will agree to end the seven-month US-Iran war, stressing that concrete action rather than diplomatic...

North Korea Slams US Taiwan Arms Sales, Reaffirms Russia Support

North Korea has criticized the United States for supplying weapons and military support to Taiwan, accusing Washington of increasing tensions across the Taiwan Strait as Pyongyang also reaffirmed its backing for Russia. In...

Zelenskiy Warns Russia Is Preparing Massive Attack on Ukraine

Ukrainian President Volodymyr Zelenskiy warned on Tuesday that Russia is preparing a potentially massive attack on Ukraine, citing the latest intelligence gathered by Ukrainian authorities. In his nightly video address,...

Lula Weighs Alckmin as Finance Minister to Boost Fiscal Credibility

Brazilian President Luiz Inacio Lula da Silva is considering appointing Vice President Geraldo Alckmin as finance minister if he wins re-election, a move aimed at strengthening his fiscal credentials ahead of Brazils...

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

SpaceX Seeks $40 Billion for Nvidia AI Chips

SpaceX is seeking to raise about $40 billion to finance a major purchase of Nvidia artificial intelligence chips, with Apollo Global Management expected to lead the fundraising effort, the Financial Times reported Tuesday....

JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold

JPMorgan Chase CEO Jamie Dimon has warned that advanced artificial intelligence systems are dramatically increasing cybersecurity risks for global banks, calling cyberattacks the financial giants biggest threat. Speaking...

Anthropic Expands Claude Access for Cyber Defense Teams

Anthropic has expanded access to its most advanced artificial intelligence models for verified cybersecurity professionals and select government partners, aiming to strengthen defenses against threats targeting critical...

Marvell Stock Surges on $90 Billion AI Revenue Outlook

Marvell Technology shares surged on Tuesday after the semiconductor company unveiled ambitious long-term financial targets driven by rapidly expanding demand for artificial intelligence and data center infrastructure....

Zcash Prepares for NU7 Upgrade as Zebra Gets Key Security Fixes

The Zcash network is moving closer to its NU7 upgrade following a series of Zebra releases focused on security, performance and network stability. According to an engineering update from the official Zcash Foundation X...