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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Sep 25, 2026 05:35 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

French economic growth accelerates in Q3 2018

Nov 29, 2018 13:33 pm UTC| Commentary

The French GDP growth accelerated a bit in the third quarter. INSEE showed that in terms of volume, the GDP grew 0.4 percent, following a 0.2 percent growth seen in the prior quarter. Household consumption expenditures...

French household consumption rebounds in October on rise in food consumption and manufactured goods

Nov 29, 2018 12:29 pm UTC| Commentary

French household consumption expenditure on goods rebounded in October. The French National Institute of Statistics and Economic Studies (INSEE) showed that the household expenditure roe 0.8 percent in terms of volume,...

Swedish economy expands below Riksbank’s view in Q3, likely to rebound in Q4

Nov 29, 2018 11:51 am UTC| Commentary

Swedish economic growth for the third quarter came in below the Riksbanks view. The economic growth dropped 0.2 percent sequentially and rose 1.6 percent on a year-on-year basis. The first quarter and second quarter growth...

Federal Reserve likely to continue hiking interest rates steadily by another 75bp in 2019, says Fitch Ratings

Nov 29, 2018 08:33 am UTC| Commentary Economy Central Banks

The United States Federal Reserve is expected to continue hiking interest rates steadily, by another 75 basis points in 2019, which would bring cumulative rate hikes since end-2017 to 175 bps, according to the latest...

Australia’s capex falls slightly in Q3, outlook for 2018-19 revised higher

Nov 29, 2018 06:45 am UTC| Commentary Economy

Australias Capex fell slightly in Q3, although this was somewhat tempered by the upgrade to the Q2 result, from -2.5 percent q/q to -0.9 percent q/q. Further, outside of the weakness in construction, the details of the...

Australian bonds fall tracking U.S. Treasuries following Fed Chair Powell’s comments

Nov 29, 2018 05:32 am UTC| Commentary Economy

Australian government bonds remained tad higher during Asian session Wednesday as investors risk appetite showed downward signs, tracking a similar movement in the United States Treasuries. The yield on Australias...

FxWirePro: Asian markets in green, gold stabilizes above $1,220 mark

Nov 29, 2018 04:38 am UTC| Commentary

All the major Asian indices were trading on a higher note on Thursday. Gold was trading around $1,224 mark while silver was trading around $14.34 mark. Japans Nikkei was trading 0.62 pct higher at 22,311.50...

711 712 713 714 715 716 717 718 719 720

Economy

Dollar Holds Near Two-Month High as Yen Approaches 160

The U.S. dollar remained near a two-month high on Friday, supported by rising Treasury yields and expectations of additional Federal Reserve rate hikes, while the Japanese yen hovered near the closely watched...

Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets

Gold prices were largely unchanged on Friday but remained headed for a weekly loss of more than 3% as rising U.S. Treasury yields and elevated energy prices strengthened expectations that the Federal Reserve could raise...

Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets

Japanese bank stocks rallied on Friday as surging government bond yields and expectations for further Bank of Japan interest rate hikes strengthened the outlook for lenders profit margins. Shares of Mizuho Financial Group,...

Asian Stocks Fall as Surging Bond Yields Rattle Markets

Asian stocks mostly declined on Friday as a global bond market selloff drove long-term U.S. Treasury yields to multi-year highs, pressuring risk appetite across regional markets. Investors were also assessing the outcome...

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed a broad regulatory framework for payment stablecoin issuers, moving forward with implementation of the GENIUS Act and efforts to bring dollar-backed digital assets further into the...

Politics

Saudi Arabia, Turkey and Pakistan Plan Urgent Defence Talks Over Houthi Attacks

Saudi Arabia, Turkey and Pakistan are preparing an urgent high-level defence meeting to discuss support for the kingdom as Houthi missile and drone attacks intensify across Saudi territory. The talks will be held under the...

Ukrainian Drone Attacks Hit Russian Regions, Injuring at Least 12

A series of Ukrainian drone attacks struck several Russian regions on Friday morning, leaving at least one person dead and more than a dozen injured while damaging industrial sites, homes and vehicles, according to Russian...

Najib Razak Seeks Stay of 15-Year 1MDB Prison Sentence

Former Malaysian Prime Minister Najib Razak has asked a court to suspend a 15-year prison sentence linked to the 1Malaysia Development Berhad (1MDB) corruption scandal, his lawyer said Friday, following a royal pardon in a...

What ‘Taiwan Independence’ Means as Xi Presses Trump on US Policy

Chinese President Xi Jinpings call for President Donald Trump to oppose Taiwan independence has renewed attention on the complicated political and historical status of Taiwan and the differing positions held by Beijing,...

Xi Calls for Deeper U.S.-China AI Cooperation in Trump Talks

Chinese President Xi Jinping called for stronger cooperation with the United States on artificial intelligence during his state visit to Washington, highlighting AI safety and human oversight as potential areas for closer...

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

SpaceXAI to Double Nvidia Chips at Colossus 2 by Year-End

Elon Musk said SpaceXAI plans to nearly double the number of advanced Nvidia AI chips operating at its Colossus 2 data center by the end of 2026, significantly expanding the computing power behind its artificial...

SoftBank Shares Fall as Oracle Flags Stargate Data Center Delay Risk

SoftBank Group shares dropped on Friday after Oracle moved to protect itself against possible delays at a major New Mexico data center, adding to investor concerns over the financing and execution risks surrounding the...

Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth

Jeff Bezos has invested about $32 billion in Blue Origin since founding the space company in 2000, underscoring the Amazon founders long-term commitment to competing in the rapidly expanding commercial space industry....

OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity

OpenAI is preparing to preview GPT-6 Cyber, a new artificial intelligence model focused on cybersecurity, within days as the company expands its push into AI-powered security tools, according to a Fortune report cited by...

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...