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

Become a contributor

Bookmark Econotimes

Business

Tue, Apr 28, 2026 04:27 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Asics debuts new retail concept store in Singapore

Nov 11, 2022 23:26 pm UTC| Economy Business Life Sports

Japanese sports apparel brand Asics has introduced a new retail concept store at Orchard Roads Paragon Shopping Centre, the first of its kind in Southeast Asia. The store, its 10th in the city state, offers a retail...

Adidas releases new Lakers colorway for throwback Kobe Bryant kicks

Nov 11, 2022 23:26 pm UTC| Sports Economy Business

Adidas has brought back their Crazy 1 sneaker, originally dubbed Kobe 1, and added a new Lakers-themed colorway to commemorate the Black Mamba this season. This latest model is available in sneaker shops and online...

Hyundai Mobis building car parts logistic center in Gyeongju with ₩94.8B investment

Nov 11, 2022 10:44 am UTC| Business Economy

Hyundai Mobis is building a logistics center in Gyeongju with an investment of KRW94.8 billion. This will be for car parts, and the company has partnered with the local governments in the southern province for this...

Apple AR/VR headset could enter production in March 2023 with low annual shipment estimates

Nov 11, 2022 10:43 am UTC| Technology Business

Apple may be making significant progress in the development of its AR/VR headset. A new report claimed that production of the high-end product could begin in a few months. Digitimes reported (via MacRumors), citing...

GAP opens its store on Amazon to sell its products in US and Canada

Nov 11, 2022 10:04 am UTC| Business Economy

GAP Inc. announced the launch of its family essentials collection on Amazon Fashion store in the United States and Canada. The clothing retailer revealed the opening of its store on the Jeff Bezos-founded e-commerce...

PUMA, Pokemon collaborate to release special sneaker and apparel collection

Nov 11, 2022 09:56 am UTC| Business Economy

PUMA SE, the German firm that designs and makes athletic and casual footwear, apparel and accessories, has teamed up with Pokemon, a popular video game developed by Game Freak and published by Nintendo, to release special...

Luckin Coffee to beat Starbucks in China after a miraculous recovery from bankruptcy and fraud controversies

Nov 11, 2022 08:52 am UTC| Business Economy

Luckin Coffee Inc. launched its coffee chain business in 2017, and the brand has been well-received not just in China but in other countries as well. However, it filed for bankruptcy just seven months after it was delisted...

1891 1892 1893 1894 1895 1896 1897 1898 1899 1900

Economy

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom

Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns

The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...