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

Become a contributor

Bookmark Econotimes

Economy

Sun, Dec 21, 2025 05:56 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Bullion prices likely ease in 2018, says OCBC Bank

Jan 05, 2018 09:19 am UTC| Commentary Economy

Bullion prices are expected to travel lower through this year, although a multi-faceted commodity it is, its status as a safe haven and a hedge against dollar weakness would weigh on the yellow metals performance, OCBC...

New Zealand long-term bonds jump at close despite optimism on global growth and higher risk appetite

Jan 05, 2018 06:49 am UTC| Commentary Economy

New Zealand government bonds rallied at the time of closing Thursday on continuing signal from a subdued dairy supply outlook despite an improvement in the global dairy prices at the countrys latest GlobalDairyTrade Price...

JGBs trade sideways in silent session as investors book profits ahead of approaching weekend

Jan 05, 2018 06:07 am UTC| Commentary Economy

Japanese government bonds traded sideways on the last trading day of the week as investors refrained from any major trading activity amid a muted session that witnessed no data of major economic significance. Also,...

SGD likely to benefit from potential euro strength post March 4 Italian General election, says Scotiabank

Jan 05, 2018 05:28 am UTC| Commentary Economy

The Singaporean dollar is expected to benefit from the EURs potential strength particularly after the 2018 Italian General Election set for March 4, given its tight correlation with the single currency. The ECB said in its...

Australian bonds rally after December trade balance turns negative; 10-year yield weakest in 2 weeks

Jan 05, 2018 04:14 am UTC| Commentary Economy

Australian government bonds ralliedon Fridayfollowing worse-than-expected trade balance data for December, which turned negative, lowering the investors risk sentiments. The yield on the benchmark 10-year Treasury note,...

U.S. Treasuries slump ahead of ADP non-farm employment change, FOMC member Bullard’s speech

Jan 04, 2018 11:35 am UTC| Commentary Economy

The U.S. Treasuries slumped Thursday ahead of the countrys ADP non-farm employment change data for the month of December and the weekly initial jobless claims, scheduled to be released later today. Also, FOMC member...

UK gilts plunge on rise in December services PMI; BoE member Haldane’s speech in focus

Jan 04, 2018 09:53 am UTC| Commentary Economy

The UK gilts plunged Thursday after the countrys services PMI for the month of December came in better than what markets had initially anticipated. Also, investors are looking forward to Bank of Englands (BoE) member...

2531 2532 2533 2534 2535 2536 2537 2538 2539 2540

Economy

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...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

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...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

U.S. negotiators met Russian officials in Florida over the weekend as the Trump administration intensified diplomatic efforts to help end Russias war in Ukraine, a conflict that began with Moscows full-scale invasion in...

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...