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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Oct 07, 2026 04:39 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency snapshot (commodity pairs)

Jun 27, 2016 12:26 pm UTC| Commentary

Dollar index trading at 96.58 (+0.51%) Strength meter (today so far) Aussie -0.68%, Kiwi -0.59%, Loonie -0.49% Strength meter (since last week) Aussie -0.68%, Kiwi -0.59%, Loonie -0.49% AUD/USD Trading at...

Currency snapshot (major pairs)

Jun 27, 2016 12:17 pm UTC| Commentary

Dollar index trading at 96.51 (+0.58%) Strength meter (today so far) Euro +0.51%, Franc +0.42%, Yen -0.98%, GBP +0.69% Strength meter (since last week) Euro +1.01%, Franc +0.33%, Yen -1.54%, GBP +3.78% EUR/USD...

South Korea’s headline inflation likely to have recovered modestly in June

Jun 27, 2016 12:12 pm UTC| Commentary Economy

South Korean headline CPI inflation is expected to have recovered modestly on a year-on-year basis. However, it is likely to continue to be at very low level below 1 percent, said Societe Generale in a research report. On...

Commodities snapshot (energy)

Jun 27, 2016 12:07 pm UTC| Commentary

Energy pack is mixed in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is down as Brexit fear weigh. Todays range $48 -46 WTI is currently trading at $47.1/barrel. Immediate...

Commodities snapshot (precious & industrial)

Jun 27, 2016 12:05 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold Gold is up on Brexit risk aversion. Todays range $1314-1335 Gold is currently trading at $1332/troy ounce. Immediate support...

Eurozone private sector loans edge higher in May despite Brexit reality

Jun 27, 2016 11:58 am UTC| Commentary Economy

Private sector loans edged higher in Eurozone for the month of May despite the United Kingdoms historic decision on June 23 to leave membership of the European Union. Though the data has been compiled before the UK voted...

Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook

Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy

The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...

3541 3542 3543 3544 3545 3546 3547 3548 3549 3550

Economy

RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks

The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.50% on Wednesday, delivering its first interest rate hike since February 2023 as policymakers respond to rising inflation risks and...

European Stocks Fall as Oil Rises Ahead of Fed Minutes

European shares moved lower on Wednesday as investors took profits following recent gains, with rising crude oil prices and caution ahead of the Federal Reserves meeting minutes weighing on market sentiment. The...

US Stock Futures Flat as Fed Minutes, Earnings Loom

U.S. stock futures were largely unchanged in Asian trading Wednesday after the SP 500 and Nasdaq Composite reached record closing highs, with investors awaiting Federal Reserve meeting minutes and the upcoming...

Asian Currencies Mixed as Yen Weakens, Dollar Holds Firm

Asian currencies traded mixed on Wednesday as the U.S. dollar remained near recent highs, while the Japanese yen weakened toward 158 per dollar amid uncertainty over the Bank of Japans policy outlook and renewed concerns...

Indian Stocks Fall as RBI Hikes Rates to 5.50%

Indian stocks declined on Wednesday after the Reserve Bank of India raised interest rates for the first time since early 2023 and adopted a more hawkish policy stance as inflation remained elevated. The benchmark Nifty 50...

Politics

Houthis Strike Aden Airport as Yemen Fighting Escalates

Houthi forces launched ballistic missiles and explosive drones at Aden International Airport early Wednesday as fighting intensified between the Iran-aligned group and Yemens Saudi-backed government. Yemens Transport...

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...

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...

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

DogecoinVM Makes DOGE Transactions 300x Faster

Fintech company Metallicus has launched an alpha version of DogecoinVM on mainnet, introducing a payment layer designed to make Dogecoin transactions significantly faster without altering the cryptocurrencys underlying...

Zcash Privacy Demand Rises as AI Exposes Bitcoin Transactions

Zcash is gaining renewed attention as artificial intelligence makes it easier to trace Bitcoin transactions and connect public wallet activity with real-world identities, strengthening demand for privacy-focused...

Intel Reaffirms Role in Elon Musk’s Terafab Chip Project

Intel will continue working with Elon Musk on the ambitious Terafab semiconductor project, CEO Lip-Bu Tan said, reaffirming the U.S. chipmakers role despite speculation that Taiwan Semiconductor Manufacturing Co. (TSMC)...

LG Electronics Shares Slide as Q3 Profit Misses Estimates

LG Electronics shares dropped sharply on Wednesday after the South Korean technology giant reported preliminary third-quarter operating profit that fell short of market expectations, despite delivering solid year-on-year...

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...