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

Become a contributor

Bookmark Econotimes

Business

Tue, May 05, 2026 03:37 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Naver fined 1 billion won for predatory real estate practices

Sep 06, 2020 22:52 pm UTC| Business Law

South Koreas Fair Trade Commission (FTC) slapped Naver with 1.032 billion won in fines and advised it to take corrective action for predatory real estate practices in actively blocking Kakao from entering the real estate...

Japan's fishing firms boosting frozen yellowfin sales to households

Sep 06, 2020 11:20 am UTC| Business

Fishing companies and cooperatives are hoping to expand sales of frozen yellowtail products mainly targeting households in foreign countries as demand from Japanese restaurants abroad plummeting. Those in the fishing...

Nissan unveils cost-saving process in producing car material

Sep 06, 2020 07:35 am UTC| Business

Nissan achieved a cost savings breakthrough in producing molding carbon fiber reinforced plastic (CFRP) by shortening the production time from three to four hours to just two minutes with a new casting procedure for the...

Pakistan’s PIA says it's futile to appeal EU flight ban

Sep 05, 2020 04:44 am UTC| Business

Pakistan International Airlines (PIA) will not appeal against a six-month ban imposed by the European Union Aviation Safety Agency (EASA) on its flights to bloc members due to the dubious qualifications of its...

Walmart+ poised to challenge Amazon Prime

Sep 05, 2020 03:18 am UTC| Business

Walmart will launch a membership program that offers free same-day delivery as it takes on e-commerce behemoth Amazon. Dubbed Walmart+, the service starts September 15, charging $98 annually or $12.95 a month. On top...

Samsung takes 28.3% share as top tablet vendor in Europe, Middle East, Africa

Sep 04, 2020 23:20 pm UTC| Business

Samsung Electronics Co. shipped 3.37 million tablets in the Europe, Middle East, and Africa (EMEA) market in the second quarter, taking a 28.3 percent market share, up 7.6 percent from a year earlier. Industry...

S. Korea's ice cream exports up 11% so far this year

Sep 04, 2020 20:41 pm UTC| Business

South Korean ice cream and popsicle exports from January to August reached US$47 million, up 11.1 percent from last year, amid a drop in the countrys overall overseas shipments. The US was the largest exporter for South...

3171 3172 3173 3174 3175 3176 3177 3178 3179 3180

Economy

Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears

London copper prices stabilized on Tuesday after earlier slipping to a three-week low, as market sentiment remained pressured by a strengthening U.S. dollar and growing concerns over a potential global economic slowdown....

RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions

The Reserve Bank of Australia (RBA) increased its benchmark interest rate by 25 basis points to 4.35% on Tuesday, a move widely anticipated by markets. The decision reflects growing concerns over inflation, particularly as...

Asian Currencies Hold Steady as RBA Rate Hike and Middle East Tensions Shape Market Sentiment

Asian currencies traded in a narrow range on Tuesday as investors remained cautious amid escalating geopolitical tensions between the United States and Iran, while also focusing on central bank policy signals. Market...

European Stocks Volatile as U.S.-Iran Tensions Threaten Oil Supply and Global Markets

European stock markets showed volatility on Tuesday as escalating tensions between the United States and Iran raised concerns about global oil supply disruptions and economic stability. The pan-European Stoxx 600 index...

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Politics

NATO Tensions Rise as Trump Reduces U.S. Troops in Germany

European leaders are intensifying diplomatic efforts to keep the United States committed to NATO as tensions escalate following President Donald Trumps controversial decision to withdraw 5,000 U.S. troops from Germany....

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Armed Suspect Shot Near White House After Firing at Secret Service Officers

A tense security incident unfolded near the White House on Monday when U.S. Secret Service officers confronted an armed and suspicious individual, leading to an exchange of gunfire and a brief lockdown of the area....

Rudy Giuliani Hospitalized in Critical but Stable Condition After Pneumonia

Former New York City Mayor Rudy Giuliani is recovering in a Florida hospital after being diagnosed with pneumonia, according to his spokesperson. The 81-year-old political figure remains in critical but stable condition,...

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

Intel Emerges as Key Contender in Apple’s Chip Manufacturing Strategy Shift

Apple Inc. (NASDAQ: AAPL) is reportedly exploring new partnerships with Intel Corp. (NASDAQ: INTC) and Samsung Electronics (KS: 005930) to manufacture its main processors, signaling a potential shift in its long-standing...

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...