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

Become a contributor

Bookmark Econotimes

Economy

Thu, Dec 18, 2025 10:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

RBI likely to veer towards hawkish stance in June policy meeting, pave way for 25 bps hike in August: DBS Group Research

May 15, 2018 09:27 am UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) is expected to change its direction to a hawkish stance at its monetary policy meeting in June (small probability of a pre-emptive hike) and pave the way for a 25 basis points increase in...

USD/CNY likely to trade in range of 6.25-6.40 in the run-up to June 12-13 FOMC meeting, says Scotiabank

May 15, 2018 08:32 am UTC| Commentary Economy

The USD/CNY currency pair is expected to trade in a range of 6.25-6.40 for now and see the United States dollar index trading with an upward bias in the run-up to the June 12-13 Federal Open Market Committee (FOMC)...

Australia’s weekly consumer confidence rises for fifth straight week on optimism over future economic conditions

May 15, 2018 07:27 am UTC| Commentary Economy

Australias ANZ-Roy Morgan consumer confidence rose for the fifth straight week up 1.0 to 120.8, the highest in 14 weeks. The details were broadly positive with four out of five sub-indices posting gains. Households...

New Zealand bonds close mixed ahead of GDT price auction, Q1 producer price index data

May 15, 2018 06:23 am UTC| Commentary Economy

New Zealand bonds closed Tuesdays session on a mixed note as investors remain keen to watch the countrys GlobaldairyTrade (GDT) price auction and the producer price index (PPI) data for the first quarter of this year,...

JGBs edge slightly lower despite expectations of fall in Q1 2018 GDP, April national core CPI

May 15, 2018 05:08 am UTC| Commentary Economy

Japanese government bonds edged slightly loweron Tuesdayeven as investors expect to see a downward shift in the countrys first-quarter gross domestic product (GDP) data scheduled to be releasedlater today. The yield on...

Australian 10-year bond yield hits over 2-week high after RBA May minutes hint next move to be hike

May 15, 2018 03:52 am UTC| Commentary Economy

Australian government bonds slumped across the boardon Tuesdayafter the Reserve Bank of Australia (RBA) in its May meeting minutes said that the next move from the central bank will be a hike, instead of an interest rate...

French economic growth momentum likely to have remained subdued in Q2

May 14, 2018 20:29 pm UTC| Commentary Economy

The Bank of France released its latest business survey today. After the considerable deceleration in growth at the beginning of 2018, when French GDP grew just 0.3 percent sequentially, down from 0.7 percent in the fourth...

2421 2422 2423 2424 2425 2426 2427 2428 2429 2430

Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

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

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...