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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Feb 06, 2026 04:13 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

U.K Gilts slump as BOE paints hawkish picture despite Brexit risk

May 12, 2016 12:27 pm UTC| Commentary

The U.K Gilts continue to trade lower on Thursday as Bank of England (BOE) paints a hawkish picture by maintaining its stance that next move will be a hike in interest rates despite Brexit risk amid leaving the policy rate...

BoE keeps interest rate on hold, warns of sharp sterling depreciation if UK leaves EU

May 12, 2016 12:19 pm UTC| Commentary

The Bank of Englands Monetary Policy Committee (MPC) voted unanimously to keep the interest rate on hold at record low level of 0.5%, in line with expectations. The MPC also voted to keep the size of asset purchase...

Treasury auctions show investors embracing new high yield of the government universe

May 12, 2016 11:54 am UTC| Commentary

When anyone talks to you about high yield, what comes to you mind? Junk rated companies offering high coupon rates with even higher yield! Well, expand you high-yield universe. In government debt market, treasuries are...

New Zealand economy continues to face downside risks, RBNZ ready to lower rates to keep NZD weak

May 12, 2016 11:29 am UTC| Commentary

Significant risks on the downside are still faced by the New Zealand economy. Solid headwinds are caused on the global front by the heightened volatility in the financial markets and subdued outlook of Chinas economy. This...

Key highlights from IEA’s monthly oil market report

May 12, 2016 11:29 am UTC| Commentary

According to developed markets energy watchdog, International Energy Agency (IEA), sharper drop in supply outside OPEC, steady demand and unexpected outages are bringing the oil market closer to balance. IEA...

Only UK Inflation report is interesting part on Super Thursday

May 12, 2016 10:43 am UTC| Commentary Central Banks

BOE super Thursday is back. But today there is nothing super about it. Bank of England (BOE) will be maintaining the status quo, only interesting part will be the banks inflation projections ahead. As a matter of fact,...

Norges Bank maintains key rate at 0.5pct, may cut policy rate in course of 2016

May 12, 2016 10:21 am UTC| Commentary

The Norwegian central bank maintained its benchmark rates at 0.5%, on par with expectations. The Norges Bank did not introduce any new rate path but mentioned that it will continue with its Marchs report. According to the...

3781 3782 3783 3784 3785 3786 3787 3788 3789 3790

Economy

Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility

Global financial markets extended their losses for a third straight session on Friday as a deepening Wall Street selloff rattled investor confidence across equities, cryptocurrencies, and precious metals. Rising concerns...

Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility

The U.S. dollar held firm near a two-week high on Friday, positioning itself for its strongest weekly gain since November as global markets grappled with heightened risk aversion. A sharp selloff in equities, led by...

Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record

Vietnams trade surplus with the United States expanded sharply in January, rising nearly 30% year on year, as strong export growth outweighed the impact of higher US tariffs, according to official data released on Friday....

Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target

The Bank of Japan (BOJ) is under growing pressure to raise interest rates in a timely manner as underlying inflation approaches its long-standing 2% target, according to comments from board member Kazuyuki Masu. His...

Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals

Gold and silver prices declined sharply in early Asian trading on Friday, extending steep losses from the previous session as profit-taking, a stronger U.S. dollar, and easing geopolitical tensions continued to pressure...

Politics

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies

A federal judge in Missouri on Thursday dismissed a lawsuit filed by the Republican-led state that accused Starbucks of using its diversity, equity, and inclusion (DEI) commitments as a pretext for unlawful discrimination...

Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions

U.S. President Donald Trump has given his complete and total endorsement to Japanese Prime Minister Sanae Takaichi ahead of Japans national election this Sunday, signaling strong U.S. backing at a critical moment for...

U.S. Announces Additional $6 Million in Humanitarian Aid to Cuba Amid Oil Sanctions and Fuel Shortages

The United States will provide an additional $6 million in humanitarian aid to Cuba, bringing the total U.S. assistance to $9 million since Hurricane Melissa struck the island in October, according to a senior State...

South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns

South Korea has reaffirmed its commitment to fulfilling key obligations under its trade deal with the United States, pushing back against concerns in Washington that Seoul is dragging its feet on implementation. According...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...