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

Become a contributor

Bookmark Econotimes

Central Banks

Sat, Dec 20, 2025 02:07 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency War Series

Softness in Korean trade and production likely to keep BoK’s monetary stance accommodative in 2016

Dec 30, 2015 03:32 am UTC| Commentary Central Banks Economy

Korean industrial output dropped unexpectedly 0.3% year on year in November, much weaker than what market consensus has expected. On a seasonally adjusted mom basis, the industrial production declined 2.1%. This...

Currency War Series

Bank Indonesia likely to retain an easing bias through 2016

Dec 29, 2015 08:03 am UTC| Commentary Central Banks

Indonesian Rupiah was one of the least performing currency in Asia in November which has gone some way to correct the overbought conditions in October when it rose 7.2%. Bank Indonesia eased its monetary policy by...

Currency War Series

Bank of Korea likely to stand pat in 2016

Dec 29, 2015 06:20 am UTC| Commentary Central Banks

Bank of Korea left its benchmark rate steady at 1.5% in December for 6th time as widely predicted. With growth and inflation basing, expansionary budget and ending of MERS, BoK might likely remain on hold in next...

Currency War Series

Reserve Bank of India likely to deliver 25 bps rate cut in 2016

Dec 29, 2015 05:46 am UTC| Commentary Central Banks

Reserve Bank of India left its benchmark rate at 6.75% in December, which was expected after Septembers hogher than expected 50bp rate cut. RBI Governor Rajan said, The Reserve Bank will use the space for further...

BOJ offers to buy 1.08 tln yen JGBs with residual maturities outright from 12/30

Dec 28, 2015 01:12 am UTC| Central Banks

BOJ offers to buy 350 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 12/30 BOJ offers to buy 350 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 12/30 BOJ offers to buy Y 240 bln JGBs...

Emerging Market Crisis Series

Banxico’s monetary policy triggers two targets in one go - Mexican inflation under the radar, MXN tames USD bulls

Dec 24, 2015 13:00 pm UTC| Commentary Central Banks

Last weeks the Fondeo rate 25 bps as a pre-emptive hike by Banxico to protect the MXN seems like serving the purpose at least in short run. With inflation running at historical lows and no demand pressures on...

Fed Hike Aftermath Series

FED hike aftermath series – Economists expect FED to strike again in March

Dec 24, 2015 10:57 am UTC| Commentary Central Banks

According to a survey of 42 economists by Financial Times, more than 2/3rd of them has aligned themselves with a rate hike by FED again in March. In previous articles under the same series name we discussed there are...

721 722 723 724 725 726 727 728 729 730

Economy

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

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

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...