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

Become a contributor

Bookmark Econotimes

Commentary

Mon, Dec 22, 2025 01:06 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Will the SNB do more to end deflation worsening again?

Jun 02, 2015 18:00 pm UTC| Commentary

Deflation worsened again in April as the CPI fell to -1.1% yoy from -0.9% in March, a near three-year low. Producer and import price deflation worsened to -5.2% yoy from - 3.4%. Will the SNB announce more measures to stop...

GBP post-election victory lap has fizzled out

Jun 02, 2015 17:41 pm UTC| Commentary

The Conservatives coasted to an absolute majority in the 7 May election by winning 331 seats. The SNP scored a landslide victory in Scotland, winning 56 out of a possible 59 seats. The government is to mull bringing...

BCB to deliver yet another 50bp rate hike at June Copom meeting

Jun 02, 2015 16:39 pm UTC| Commentary

Notwithstanding the above baseline scenario and the recent improvement in inflation expectations, the BRL continues to face challenges over the medium term as the macro outlook is considerably weak and the fiscal...

Fed’s first rate hike could be delayed to the final quarter of the year

Jun 02, 2015 16:10 pm UTC| Commentary

Some factors that led to negative GDP growth in Q1 are no longer holding back the economy: the extreme winter, port strikes on the West Coast and the BEAs problems with seasonal adjustment of the GDP series.However, other...

Danmarks Nationalbank continued FX intervention in May

Jun 02, 2015 15:47 pm UTC| Commentary

Danmarks Nationalbank (DN) purchased DKK in FX intervention for DKK35bn in May leaving the FX reserve at DKK658.9bn and accumulated intervention since the beginning of April at DKK68.9bn."We expect it to take a substantial...

India's credit growth shows no signs of picking up despite recent RBI rate cuts

Jun 02, 2015 15:36 pm UTC| Commentary

Indias credit growth continues to decline and is now growing at less than 10%, the lowest rate in a decade. It has shown no signs of picking up despite recent rate cuts as transmission of policy rate action to lending rate...

RBI cuts policy rate despite concerns over inflation

Jun 02, 2015 15:01 pm UTC| Commentary

Indias RBI announced a 25bp cut in the policy rate (repo rate) to 7.25% during its bi-monthly meeting held today. This was widely expected by the market.While announcing this third cut for 2015, the RBI flagged the...

5551 5552 5553 5554 5555 5556 5557 5558 5559 5560

Economy

Yen Slides as BOJ Caution Undercuts Rate Hike Impact

The Japanese yen weakened sharply on Monday, hovering near record lows against major currencies, after Bank of Japan Governor Kazuo Ueda reiterated a cautious policy stance despite a recent interest rate hike. The yens...

Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium

Oil prices edged higher in early Asian trading on Monday, rebounding after two consecutive weeks of losses, as geopolitical risks and potential supply disruptions lifted market sentiment. Brent crude futures for February...

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Politics

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

A senior aide to Russian President Vladimir Putin said on Sunday that proposed changes by European countries and Ukraine to U.S.-drafted plans for ending the war in Ukraine have not improved the chances of achieving...

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

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

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...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...