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

Become a contributor

Bookmark Econotimes

Economy

Mon, Apr 13, 2026 03:24 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

What sort of 'development' has no place for a billion slum dwellers?

Aug 01, 2019 04:32 am UTC| Insights & Views Economy

Imagine a community of 200,000. Convivial, walkable, six times the density of Manhattan but with a smaller ecological footprint. It provides low-cost services and affordable housing mixed with productive uses such as...

U.S. Treasuries gain ahead of July ADP non-farm employment, FOMC’s monetary policy meeting

Jul 31, 2019 12:07 pm UTC| Commentary Economy

The U.S. Treasuries gained during Wednesdays afternoon session, ahead of the Federal Reserves monetary policy meeting, scheduled to be concluded today by 23:30GMT, and the countrys ADP non-farm employment change for the...

UK gilts remain mixed ahead of BoE’s monetary policy meeting, Governor Carney’s speech

Jul 31, 2019 11:12 am UTC| Commentary Economy

The United Kingdoms gilts remained mixed during European trading hours Wednesday ahead of the Bank of Englands (BoE) monetary policy meeting, scheduled to be held on August 1 by 11:00GMT and Governor Mark Carneys speech,...

German bunds rise on disappointment in Eurozone July CPI; better-than-expected jobless change limits further gains

Jul 31, 2019 10:33 am UTC| Commentary Economy

The German bunds rose higher during European session Wednesday following disappointment in Eurozones consumer price inflation (CPI) for the month of July, while a better-than-expected reading in the countrys jobless change...

NZ unemployment rate likely to rise to 4.4 pct in Q2, should set stage for RBNZ rate cut: ANZ Research

Jul 31, 2019 08:17 am UTC| Commentary Economy

New Zealands unemployment rate rose to 4.4 percent in Q2, as weakness in the economy filtered through to the labour market. Survey indicators and job ads suggest employment growth was weak in Q2, consistent with subdued...

USD/INR likely to stay above 68.2 support in weeks ahead, fluctuate gradually lower: Scotiabank

Jul 31, 2019 07:36 am UTC| Commentary Economy

The USD/INR currency pair is expected to stay above the 68.2 support in the weeks ahead. Technically, the pair will fluctuate gradually lower within the pennant and test the support level later, according to the latest...

RBNZ likely to cut OCR by 25bps at upcoming policy meeting, says ANZ Research

Jul 31, 2019 07:07 am UTC| Commentary Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) is expected to cut the Official Cash Rate 25bps to 1.25 percent at its Official Cash Rate Review next Wednesday. The projections are expected to leave the door open to another cut,...

2291 2292 2293 2294 2295 2296 2297 2298 2299 2300

Economy

Gold Prices Slip as Dollar Strengthens Amid U.S.-Iran Tensions and Rising Inflation

Gold prices declined on Monday as a strengthening U.S. dollar and persistent inflation concerns weighed heavily on the precious metal. Spot gold dropped 0.6% to $4,720.67 per ounce, while gold futures slid 0.9% to...

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Politics

U.S. Blockades Strait of Hormuz Amid Escalating Iran Tensions

The U.S. military has announced a blockade of the Strait of Hormuz effective Monday at 10 a.m. Eastern, targeting vessels traveling to or from Iranian ports and coastal areas. Ships not bound for Iran will be permitted to...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

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

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...