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

Become a contributor

Bookmark Econotimes

Economy

Mon, May 20, 2024 09:51 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

German bunds stay neutral after November consumer price inflation remains unchanged; ECB policy decision in focus

Dec 13, 2017 09:50 am UTC| Commentary Economy

The German bunds remained in neutral mode Wednesday after the countrys consumer price-led inflation index (CPI) for the month of November remained unchanged. Also, investors are awaiting the European Central Banks (ECB)...

New Zealand’s house prices likely to fall in 2018 in response to rising mortgage rates and regulatory changes: Westpac Research

Dec 13, 2017 08:29 am UTC| Commentary Economy

New Zealands housing market continued its run of the recent improvement in November. REINZ data, seasonally adjusted by Westpac, registered a 4.1 percent lift in house sales in November, after a 3.4 percent lift in...

New Zealand bonds close tad higher in muted trading as investors await Fed’s policy decision

Dec 13, 2017 07:05 am UTC| Commentary Economy

New Zealand government bonds closed tad higher Wednesday as investors remained sidelined in any major trading activity amid a silent session that witnessed no data of major economic significance. Also, investors are now...

JGBs edge slightly higher on BoJ’s daily market operation; FOMC decision in focus

Dec 13, 2017 05:55 am UTC| Commentary Economy

Japanese government bonds edged higheron Wednesdayfollowing daily debt buying operation conducted by the Bank of Japan ahead of the FOMC last monetary policy decision later in the day. The yield on the benchmark 10-year...

FxWirePro: The Day Ahead- 13th December 2017

Dec 13, 2017 04:51 am UTC| Commentary Economy

Lots of economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Germany: November wholesale price inflation report will be released at 6:00 GMT, followed by consumer...

Australian bonds slump ahead of FOMC’s policy decision, November employment report

Dec 13, 2017 03:08 am UTC| Commentary Economy

Australian government bonds slumpedon Wednesdayahead of the FOMC last policy decision later in the day. Also, November employment report will in investors focus. The yield on the benchmark 10-year Treasury note, which...

U.S. Treasuries flat ahead of November PPI data, Fed’s monetary policy decision

Dec 12, 2017 10:59 am UTC| Commentary Economy

The U.S. Treasuries traded flat Tuesday as investors wait to watch the countrys producer price-led inflation index for the month of November, due later today. Also, the consumer price index (CPI), along with the FOMC...

1901 1902 1903 1904 1905 1906 1907 1908 1909 1910

Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...

Shiba Inu Burn Rate Skyrockets 579%, 9.83 Million Tokens Burned in One Day

Shiba Inus burn rate surged by 579% in the past 24 hours, destroying 9.83 million tokens, according to Shibburn. The significant increase in token burns has caught the markets attention, with substantial transactions from...

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

New registration data reveals that the Tesla Cybertruck ranked second to the Ford F-150 Lightning in March. Meanwhile, Teslas Q1 sales missed Wall Street expectations, marking the first year-over-year quarterly decline...

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

Bitcoin developers suggest enabling programmability on the blockchain could be the key trigger for the next bull run, following the SECs approval of spot Bitcoin ETF trading and the BTC halving. Developers Eye...

Top 3 Altcoins to Watch This Week: SOL, FTM, and LINK Set for Growth

This week, market experts spotlight Solana (SOL), Fantom (FTM), and Chainlink (LINK) as top altcoins to watch, highlighting their unique strengths and recent performance amid unusual market patterns. Solana Overcomes...