Menu

Search

Market to focus next on Portugal's new economic and fiscal programme

Nov 25, 2015 23:00 pm UTC| Commentary Economy

Portugals new government has not yet presented its economic programme and the 2016 draft budget, which is expected in the coming days. This will be a critical test, as markets will assess Portugals ability to deliver sound...

Euro: The greatest policy divide in 20 years is mostly in the price

Nov 25, 2015 22:47 pm UTC| Commentary

The euro is ending 2015 down about 12%, which is one of its largest annual losses since its launch in 1999 but less remarkable underperformance in a year when a dozen currencies have depreciated by more. Relative to those,...

Fundamentals looking better for JPY in 2016

Nov 25, 2015 22:32 pm UTC| Commentary

Following a broad decline for the 3rd consecutive year, JPY has found its ground in 2015. Although USD/JPY has continued to rally, JPY has appreciated against most majors. As a result, JPYs nominal effective exchange rate...

German domestic demand poised to continue supporting the recovery

Nov 25, 2015 21:40 pm UTC| Commentary Economy

The German statistical office confirmed Q3 GDP growth at 0.3% q/q, in line with expectations of a continuing moderate recovery and slightly down from 0.4% q/q in Q2 15. The slump was mainly due to a negative contribution...

Portugal: Awaiting the economic and fiscal plans

Nov 25, 2015 21:30 pm UTC| Commentary Economy

After seven weeks of political impasse following the 4 October general election, President Cavaco Silva nominated the leader of the socialist party Antonio Costa to form a government. He will do so with the support from...

University of Michigan consumer sentiment revised down in late November

Nov 25, 2015 16:41 pm UTC| Commentary

The University of Michigan index of consumer sentiment fell to 91.3 in the final November print, down from 93.1 in the mid-month preliminary estimate. We and the consensus had looked for a nearly unchanged index reading....

US Consumers got a raise in October, but have held on to their cash

Nov 25, 2015 15:52 pm UTC| Commentary

Personal income increased by 0.4% (m/m) in October, on par with consensus. Personal income was also revised up for the previous month, with growth in September now reported as 0.2% m/m (prev. 0.1%). Growth in disposable...

  4471 4472 4473 4474 4475 4476 4477 4478 4479 4480   

Economy

Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals

Gold prices reversed early gains and moved lower during Asian trading on Thursday, pressured by a strengthening U.S. dollar and reduced demand for safe-haven assets. Investor focus has shifted toward upcoming central bank...

Thailand Inflation Remains Negative for 10th Straight Month in January

Thailands annual headline inflation rate stayed in negative territory for the tenth consecutive month in January, underscoring continued price pressures driven largely by lower energy costs and government measures aimed at...

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Silver prices tumbled sharply during Asian trading on Thursday, leading a broad sell-off across the precious metals market and erasing most of the short-lived rebound seen earlier this week. The steep decline highlighted...

South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks

South Koreas efforts to stabilise its currency are facing a growing domestic challenge as retail investors continue to pour record amounts of money into U.S. stocks, driving strong demand for dollars while the won trades...

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

Federal Reserve Governor Lisa Cook emphasized the importance of protecting the central banks credibility by ensuring inflation returns to its long-term target, signaling continued caution on monetary policy despite recent...

Politics

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...

Trump Endorses Clay Fuller in Georgia Special Election to Replace Marjorie Taylor Greene

President Donald Trump has thrown his weight behind conservative prosecutor Clay Fuller in the upcoming Georgia special election to replace Marjorie Taylor Greene, signaling a major shift in the political dynamics of...

CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences

Hong Kong-based conglomerate CK Hutchison has initiated international arbitration proceedings against the Panamanian government after Panamas Supreme Court annulled licences held by its subsidiary, Panama Ports Company, to...

Trump Stays Neutral on 2028 GOP Successor as Vance and Rubio Emerge as Top Contenders

President Donald Trump has declined to take sides in early speculation over who could succeed him as the Republican presidential nominee in the 2028 election, as Vice President JD Vance and Secretary of State Marco Rubio...

U.S. Justice Department Removes DHS Lawyer After Blunt Remarks in Minnesota Immigration Court

The U.S. Justice Department has removed a government lawyer from a high-pressure assignment in Minnesota following blunt comments made in federal court about her workload and the governments failure to comply with judicial...

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....

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,...

SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO

Elon Musks SpaceX is reportedly exploring ways to secure early inclusion in major stock market indexes ahead of its highly anticipated initial public offering, a move aimed at boosting liquidity and stabilizing its share...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.