Menu

Search

New Zealand’s population to rise around 1 million in 20 years, ethnic diversity likely to rise

May 18, 2017 22:46 pm UTC| Commentary

New Zealands population is likely to rise by around one million in the next 20 years, will all major ethnic groups rising, stated Statistics New Zealand. The European or Other group is likely to drop to around 66 percent...

Swedish home prices likely to continue with upward trend in near-term

May 18, 2017 22:21 pm UTC| Commentary

Swedens National Institute of Economic Research survey shows that consumers, on an average project a 5 percent rise in home prices in the coming 12 months. Consumers appear to be highly optimistic, noted Nordea Bank in a...

Central Banking Series

Bank of Thailand likely to keep key interest rate unchanged at 1.5 pct in May

May 18, 2017 22:06 pm UTC| Commentary

Thai central bank, the Bank of Thailand, is set to have its policy meeting next week. According to a Scotiabank research report, the BoT is expected to maintain its key interest rate at 1.5 percent. Inflation in the nation...

Central Banking Series

Bank of Korea likely to keep official bank rate on hold in May

May 18, 2017 21:23 pm UTC| Commentary

The South Korean central bank, Bank of Korea, is likely to keep its official bank rate on hold next week. According to a Scotiabank research report, the central bank will maintain the key rate at 1.25 percent during its...

Central Banking Series

PBoC’s assets, liabilities may rise further in May - Scotiabank

May 18, 2017 21:21 pm UTC| Commentary Central Banks

In April, the Peoples Bank of China expanded its balance sheet by CNY 394 billion by raising its claims on other depository corporations under the assets and deposits of government on the liabilities side, after...

New Zealand budget likely to print healthy picture of fiscal outlook - ANZ

May 18, 2017 19:17 pm UTC| Commentary

New Zealands budget that is set to release next week is expected to print a rosy scenario of the fiscal outlook. Growth is strong, inflation is slightly higher, and spending constraints continue. Larger projected surpluses...

Chilean economic growth slows sequentially in Q1, likely to grow just slightly this year – Wells Fargo

May 18, 2017 16:50 pm UTC| Commentary

The Chilean economic growth has been disappointing in the last several years. But the first quarter results feel more than a disappointment because the global economy has been recovering, albeit slowly, but the Chilean...

  2211 2212 2213 2214 2215 2216 2217 2218 2219 2220   

Economy

Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook

Structural changes in global capital flows, technological innovation, and geopolitical developments are redefining the long-term outlook for the U.S. dollar, according to a new research note from Deutsche Bank. The bank...

Trump, Canada Reach Gordie Howe Bridge Deal Ahead of July 27 Opening

The $4.7 billion Gordie Howe International Bridge connecting Detroit and Windsor, Ontario, is set to open on July 27 after the United States and Canada reached a new agreement on toll revenue, ending months of uncertainty...

Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is set to officially open on July 27 after the United States and Canada reached a new agreement over toll revenue,...

Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations

The Federal Reserve reaffirmed its commitment to restoring price stability, saying it is prepared to act forcefully if necessary to keep longer-term inflation expectations anchored around its 2% target. The pledge came in...

Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans

The U.S. dollar traded within a narrow range on Friday and was on track for a modest weekly gain as investors weighed evolving inflation expectations, Federal Reserve policy signals, and renewed geopolitical tensions in...

Politics

Iran's Supreme Leader Vows Revenge as Trump Threatens Massive U.S. Military Response

Irans Supreme Leader Ayatollah Mojtaba Khamenei vowed on Saturday to avenge the death of his father and predecessor, Ayatollah Ali Khamenei, escalating tensions with the United States as President Donald Trump warned that...

Iran Says It Closes Strait of Hormuz After Warning Shot at Vessel

Irans Revolutionary Guards (IRGC) navy announced early Sunday that it has closed the Strait of Hormuz until further notice after firing a warning shot at a vessel it claimed was attempting to transit through the strategic...

DOJ Subpoenas New York Times Journalists Over Air Force One Leak Report

The U.S. Department of Justice has ordered several New York Times journalists to appear before a federal grand jury after the newspaper reported on security concerns surrounding President Donald Trumps new Air Force One...

Ann Widdecombe Murder: Police Arrest Second Suspect, Rule Out Terrorism Motive

British police have arrested a 28-year-old man on suspicion of murdering former UK government minister Ann Widdecombe, while investigators said there is currently no evidence linking the case to terrorism or a political...

Ukraine Says Drone Strikes Hit 21 Russian Oil Tankers as Russia Launches Fresh Missile Barrage

Ukraine said its military damaged 21 Russian tankers carrying crude oil and petroleum products during overnight drone strikes in the Sea of Azov, marking one of Kyivs most significant attacks on Russias energy transport...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...
  • Market Data
Close

Welcome to EconoTimes

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