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

Become a contributor

Bookmark Econotimes

Insights & Views

Tue, Dec 23, 2025 10:47 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency snapshot (major pairs)

Jun 04, 2015 14:20 pm UTC| Insights & Views

Dollar index trading at 95.32 (-0.06%). Strength meter (today so far) - Euro +0.26%, Franc +0.17%, Yen -0.06%, GBP +0.34% Strength meter (since last week) - Euro +2.55%, Franc +0.65%, Yen -0.24%, GBP +0.50% EUR/USD...

Yen stuck in puzzling around economic corner; Write on call ratio of EUR/JPY

Jun 04, 2015 13:40 pm UTC| Insights & Views

The tepid moves from BoJ left policy stagnant at the late April meeting and there is quite sensible vision of more easing right now until the next projection update in October. Domestic data continue to point out little in...

Saudi Arabia raises selling price as OPEC meet approaches

Jun 04, 2015 13:20 pm UTC| Insights & Views

Saudi Arabia has raised July prices for its benchmark Arab, as OPEC oil ministers are set to meet in Vienna tomorrow. The price was raised for Asian buyers, which indicates that Saudi Arabia might be facing higher...

Rajan embarks on stiff policy moves in future

Jun 04, 2015 13:01 pm UTC| Insights & Views

INR could be fully convertible in next 5 years, Raguram Rajan stated. Indian central bank ponders repo bids fall to 31.75 bln rupees. RBI- FX reserves at US$354 bln Cash balance rises at 3.71 trn rupees. Rajan confirms...

Weaker yen heats up currency war possibility in Asia

Jun 04, 2015 12:23 pm UTC| Insights & Views

Alarm bells are ringing all over Asia this week as yen touched thirteen year low against dollar at 125. Bells are hitting loudest in South Korea another export oriented economy, similar to Japan as Won hit below 9 mark...

Risk reward ratio on shortside attracts trading prospects

Jun 04, 2015 12:18 pm UTC| Insights & Views

Euro erased losses against greenback after the ECB kept the rates on hold.ECB held its benchmark interest rate at 0.05% which is in line with streets expectations.Draghis firm stand on its asset purchase would be a booster...

Cheaper Vega on GBP/USD strangles

Jun 04, 2015 11:51 am UTC| Insights & Views

Todays Bank of England MPC meeting has left rate policy unchanged which was quite expected upfront.Well, the data events for current calendar and market focus is on the US labour market report and the looming series of...

3081 3082 3083 3084 3085 3086 3087 3088 3089 3090

Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

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...