Menu

Search

Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Renminbi Series

Renminbi Series: Next phase in China crisis about to begin

Nov 30, 2016 08:42 am UTC| Commentary Economy

The biggest threat to theglobal economy is China, thesituation where could worsen with the return of inflation in the United States and other parts of the world. According to Morgan Stanley, the debt level in China rose to...

Worrisome Signs Series

China Crisis Series

Worrisome Signs Series: China’s trade balance

Nov 08, 2016 10:51 am UTC| Commentary Economy

Today, Chinese trade balance data got published and it was a relatively weak one. Weak enough to spark concerns with regard to not just the Chinese economy but global economy as well. Chinese trade balance came at...

China Crisis Series

China at risk of losing AA-status on uncontrolled credit growth, warns S&P

Oct 20, 2016 13:37 pm UTC| Commentary

US-based ratings agency, SP Global Ratings in a report released last week warned that China is at a risk of losing its AA-status if it doesnt rein in its debt-fueled economic growth. SPs has slashed Chinas outlook to...

China Crisis Series

IMF warns on dangerous pace of credit growth in China

Oct 05, 2016 15:34 pm UTC| Commentary

In an update to its World Economic Outlook on Tuesday, the International Monetary Fund warned that Chinas dependence on debt is growing at a dangerous pace and called for authorities to act to head off a brewing crisis in...

China Crisis Series

China external debt posts first quarterly rise since Q2 2015, indicates easing capital outflows

Sep 28, 2016 07:00 am UTC| Commentary Economy

Chinas external debt posted the first quarterly rise during the second quarter of this year, since the same period a year ago, suggesting that the Chinese corporates have gone through the most painful period of external...

China Crisis Series

Chart of the Day: China's shifting bubble

Aug 03, 2016 14:53 pm UTC| Commentary Economy

This nice chart from Tom Orlik, chief Asia economist, Bloomberg shows how the great ball of money is moving through Chinese assets. At first there was housing boom that shifted to stock, from there to bonds, then to...

China Crisis Series

China’s industrial profits rise in June on support from government spending

Jul 27, 2016 05:21 am UTC| Commentary

Industrial profits in China rose at the fastest pace during the month of June, buoyed by strong support from government spending in the corporate sector though uneven growth and soft investment pose risks in the near...

1 2 3 4 5 6 7 8 9 10   

Economy

PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters

Chinas central bank has stepped in to curb the rapid rise of the yuan, signaling growing concern over the currencys sharp appreciation against the U.S. dollar. The Peoples Bank of China (PBOC) announced it will remove the...

ASX CEO Exit Signals Turbulent Transition Amid Lawsuit and Regulatory Scrutiny

The Australian Securities Exchange (ASX) is preparing for a leadership transition at a critical time, as outgoing CEO Helen Lofthouse announces her departure in May after 11 years with the company, including four as chief...

Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes

Argentine President Javier Milei has called for a sweeping overhaul of Argentinas tax system, emphasizing the need for lower taxes to stimulate economic growth. Speaking during the opening of the new congressional session...

Asian Stocks Tumble as US-Iran Conflict Escalates and Oil Prices Surge

Asian stock markets plunged on Monday as escalating tensions in the Middle East triggered a sharp rise in oil prices and fueled global risk aversion. Investor sentiment weakened after the United States and Israel launched...

Wall Street Futures Tumble as U.S.-Iran Conflict Escalates and Oil Prices Surge

Wall Street futures dropped sharply Sunday night after the United States and Israel launched coordinated strikes on Iran, intensifying geopolitical tensions and triggering a surge in oil prices. The sudden escalation...

Politics

Suspected Drone Strike Hits RAF Akrotiri Base in Cyprus, Causing Limited Damage

Britains Royal Air Force (RAF) base at Akrotiri in Cyprus was struck overnight in what authorities believe was a suspected drone attack, prompting heightened security measures but resulting in no reported casualties....

Marco Rubio to Brief Congress After U.S.-Israeli Strikes on Iran

U.S. Secretary of State Marco Rubio will brief leaders of the U.S. Senate and the House of Representatives at 4:00 p.m. ET on Monday, according to his public schedule. The congressional briefing comes after joint...

Israel Strikes Hezbollah Targets in Lebanon After Missile and Drone Attacks

Israel launched airstrikes across Lebanon on Monday, targeting positions linked to the Iran-backed Hezbollah group after the militant organization fired missiles and drones toward Israeli territory. The escalation marks...

U.S. Deploys Tomahawks, B-2 Bombers, F-35 Jets and AI Tools in Operation Epic Fury Against Iran

The United States launched a sweeping military operation against Iranian targets under Operation Epic Fury, deploying advanced weaponry that included Tomahawk cruise missiles, B-2 stealth bombers, F-35 and F/A-18 fighter...

Australia Rules Out Military Involvement in Iran Conflict as Middle East Tensions Escalate

Australia has confirmed it will not participate in any military operations in Iran, even if the escalating Middle East conflict intensifies. The announcement came after Israel launched new airstrikes on Tehran and Iran...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO

OpenAI has raised a record-breaking $110 billion in fresh funding, pushing the ChatGPT makers valuation to an impressive $840 billion. The massive investment round, backed by SoftBank, Nvidia, and Amazon, highlights the...

Australia Targets AI Platforms With Strict Age Verification Rules

Australias internet regulator has warned that search engines and app stores could be required to block artificial intelligence services that fail to implement age verification systems by an upcoming compliance deadline....

AWS Data Center in UAE Hit by Fire After Objects Strike Facility Amid Regional Tensions

Amazon Web Services (AWS) confirmed that one of its data centers in the United Arab Emirates experienced a temporary power shutdown after objects struck the facility, causing sparks and a fire. The incident occurred at...

Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom

Samsung Electronics Co Ltd DRC (LON:0593xq) is rapidly regaining momentum as global demand for AI infrastructure and memory chips accelerates. According to recent analyst reports from Citi, Macquarie, and Morgan Stanley,...

OpenAI Pentagon AI Contract Adds Safeguards Amid Anthropic Dispute

OpenAI has confirmed that its newly signed contract with the U.S. Department of Defense (DoD) includes expanded safeguards designed to tightly regulate how artificial intelligence is deployed on classified government...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.