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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Oct 09, 2026 03:15 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Commodities snapshot (energy)

Feb 01, 2016 14:50 pm UTC| Commentary

Energy pack is red today. Weekly performance at a glance in chart table. Oil (WTI) - WTI in sharp fall today as glut concern back on spotlight. Todays range $32.1-34.2 WTI is currently trading at $32.1/barrel....

Currency snapshot (major pairs)

Feb 01, 2016 14:37 pm UTC| Commentary

Dollar index trading at 99.28 (-0.31%). Strength meter (today so far) - Euro +0.47%, Franc +0.23%, Yen -0.03%, GBP +0.46% Strength meter (since last week) - Euro +0.47%, Franc +0.23%, Yen -0.03%, GBP +0.46% EUR/USD...

China Crisis Series

Chinese data supports call for further stimulus from PBoC?

Feb 01, 2016 14:36 pm UTC| Commentary Central Banks

Data released over the weekend showed that Chinas official factory PMI slipped for a sixth consecutive month to a 3 year low of 49.4 in January, compared with a median expectation of 49.6. While the private Caixin survey...

German 5 year yield dive to new record low as Cœuré suggests easing

Feb 01, 2016 13:34 pm UTC| Commentary

German 5 year yield has plunged into new record low today. German 5 year Yield traded as low as -0.32%, before recovering ground and being positive for the day. European Central Bank (ECB) executive board member Benot...

US personal consumption expenditure preview

Feb 01, 2016 12:44 pm UTC| Commentary Economy

Personal consumption, income data along with PCE price index would be released from US at 13:30 GMT. Why it matters? Personal consumption and income data provide information on consumer sentiment. Consumers tend...

Currency War Series

BoK likely to cut rate by 25bp in Q1

Feb 01, 2016 12:34 pm UTC| Commentary

S. Koreas December current account surplus reduced to 7.5 billion USD as compared to Novembers print of 9.9 billion USD as a result of high deficits on the primary income and services accounts. This offset the goods...

10-year JGB closes in on negative territory

Feb 01, 2016 12:26 pm UTC| Commentary

While bank of Japans (BOJ) negative rate charm is fading over benchmark stock index Nikkei, which is marginally down -0.5% today and Yen is flat for the day, Japanese government bonds are continuing their advance. Since...

4171 4172 4173 4174 4175 4176 4177 4178 4179 4180

Economy

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Gold Prices Rise as Dollar Weakens, Treasury Yields Fall

Gold prices climbed during Asian trading on Friday, supported by a weaker U.S. dollar and falling Treasury yields, as investors assessed inflation concerns driven by rising oil prices and expectations of further Federal...

Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain

Asian currencies traded largely flat on Friday as the U.S. dollar headed for its fourth consecutive weekly gain, supported by expectations that the Federal Reserve could raise interest rates again before the end of 2026....

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Politics

Venezuela’s Machado Calls for Elections by July 2027

Venezuelan opposition leader Maria Corina Machado has called for presidential elections in Venezuela next year, saying the country has sufficient time to organize a vote by July 2027, according to a Financial Times report...

RFK Jr. Launches Nationwide Vaccine Safety Review

US Health Secretary Robert F. Kennedy Jr. has launched a department-wide initiative to investigate and document reported health problems following vaccination, the Department of Health and Human Services (HHS) announced...

Zelenskiy Slams US Over Deadly Russian Strikes on Ukraine

Ukrainian President Volodymyr Zelenskiy criticized the United States for its reluctance to provide additional military support after Russian airstrikes killed dozens of civilians across Ukraine, intensifying tensions over...

Flavio Bolsonaro Leads Lula 49%-45% in Brazil Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Datafolha poll released Thursday. However, the results...

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

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

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...