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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Dec 23, 2025 02:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Germany's economic ministry sceptical about country’s growth in near term

Jun 10, 2016 10:57 am UTC| Commentary

The office ofGermanys Economy Ministery remained pessimistic about the countrys growth in the coming quarters, even after the countrys GDP kicked off on a positive notein the second quarter of 2016. In its monthly...

UK’s construction output rebounds on upbeat industrial data

Jun 10, 2016 10:45 am UTC| Commentary

The United Kingdom construction output in April rebounded more than expected due to upbeat industrial data earlier this week that surprised the markets, arousing confidence across the economic spectrum. Construction...

Norway’s inflation slows slightly in May; at par with Norges Bank’s projections

Jun 10, 2016 10:43 am UTC| Commentary

Norways consumer price index in May rose 0.3 percentm/m and 3.4 percenty/y, according to Statistics Norway. Meanwhile, the core inflation, excluding energy products, slightly slowed down to 3.2 percentin May from Aprils...

Danish inflation rises marginally in May; likely to accelerate later this year

Jun 10, 2016 10:26 am UTC| Commentary

Denmarks inflation continues to be around zero as of now. The countys consumer prices on a year-on-year basis were up 0.1 percenty/y in May. Price of goods is mainly responsible for low inflation. Last month prices of...

ECB needs no stimulus measures right away, says CB policymaker

Jun 10, 2016 10:15 am UTC| Commentary

European Central Bank policymaker and the Slovenian central bank GovernorBostjan Jazbec said the central bank does not need further stimulus measures right away, since enough has already been done to bring the euro-area...

German bunds move towards zero ahead of Fed meeting, Brexit angst

Jun 10, 2016 09:51 am UTC| Commentary

The German bunds continued to rally Friday, pushing the yield on 10-year bunds to an all time low of 0.025 percent as investors remained wary ahead of potentially seismic events this month including Britains referendum and...

China’s credit growth likely to have slowed in May

Jun 10, 2016 09:20 am UTC| Commentary

Chinas credit growth is expected to have turned south in May after accelerating for one year. The policymakers are expected to hope for this as the central bank has been worried about credit risks. New yuan loans, in...

3631 3632 3633 3634 3635 3636 3637 3638 3639 3640

Economy

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector

Mexicos antitrust commission is set to review a proposed tie-up between low-cost airlines Viva Aerobus and Volaris, a move that has drawn positive remarks from President Claudia Sheinbaum and sparked interest across the...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

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

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...