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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Jul 10, 2026 04:48 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oil in Global Economy Series: Six countries threaten OPEC, N-OPEC deals

Jan 11, 2017 09:42 am UTC| Commentary

After reaching $58.3 per barrel in early January, the Price of North Sea benchmark Brent has declined by five dollars per barrel fearing that an increased price would increase the supply from N-OPEC countries which werent...

German bunds narrowly mixed ahead of 10-year auction, Trump’s press conference in focus

Jan 11, 2017 09:38 am UTC| Commentary

The German bunds traded narrowly mixed Wednesday ahead of the 10-year auction scheduled later in the day. Also, the United States President-elect Donald Trumps news conference later in the day will provide further clarity...

Central Bank of Brazil likely to cut key interest rate in January

Jan 11, 2017 09:22 am UTC| Commentary

The Central Bank of Brazil is expected to cut its interest rate during its meeting today, said Commerzbank in a research report. It was doubtful in the past few months whether the BCB would really be able to cut its...

Oil in Global Economy Series: OPEC deal vs. Iraq issue

Jan 11, 2017 08:48 am UTC| Commentary

Not everyone will comply with the deal! Soon both the financial market and the members of the OPEC might find out compliance issue with the deal agreed on last November and that is not by any member but the second...

Euroarea industrial production seems to have recovered in November

Jan 11, 2017 08:39 am UTC| Commentary

Euro area industrial output is expected to have rebounded in November, reflecting positive signs for the fourth quarter. The output is likely to have come in strong. According to a Societe Generale research report, the...

Indian bonds rise modestly ahead of December CPI data, Trump’s news conference

Jan 11, 2017 08:36 am UTC| Commentary

The Indian government bonds posted moderate gains Wednesday ahead of the December consumer inflation data, scheduled to be released Thursday. Also, United States President-elect Donald Trumps news conference later in the...

Oil in Global Economy Series: What NFP tells about US oil market?

Jan 11, 2017 07:36 am UTC| Commentary

Last Fridays non-farm payroll report, released by the US Bureau of Labor Statistics gave out a piece of crucial clue that an increase in the oil price from $27 per barrel in February last year to $51 per barrel as of today...

2611 2612 2613 2614 2615 2616 2617 2618 2619 2620

Economy

Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow

Japans government is considering measures to encourage pension funds, including the Government Pension Investment Fund (GPIF), to significantly increase their investments in domestic financial assets, Finance Minister...

Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus

Gold prices rebounded more than 1% on Thursday after hitting a one-week low in the previous session, supported by a weaker U.S. dollar and lower oil prices that eased concerns over inflation. Investors also assessed the...

Dollar Slips as Oil Prices Ease, Fed Rate Outlook Remains Uncertain

The U.S. dollar edged lower on Thursday as easing oil prices reduced inflation concerns and investors assessed Federal Reserve meeting minutes that revealed a divided outlook on future interest rate moves. The Chinese yuan...

US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment

U.S. stock index futures were little changed late Thursday after Wall Street closed higher, supported by easing oil prices and renewed optimism that diplomatic talks between the United States and Iran could help reduce...

Oil Prices Slip but Stay on Track for Weekly Gains as U.S.-Iran Conflict Persists

Oil prices edged lower in early Friday trading but remained on course for solid weekly gains as geopolitical tensions between the United States and Iran continued to support the market, despite growing concerns that rising...

Politics

Trump Administration Sues Maryland Over Alleged Sanctuary Immigration Policies

The U.S. Department of Justice (DOJ) has filed a lawsuit against the state of Maryland, accusing it of enforcing so-called sanctuary policies that the Trump administration says hinder federal immigration enforcement...

Regional Powers Push to Revive U.S.-Iran Nuclear Talks After Escalation

Regional powers are intensifying diplomatic efforts to prevent the collapse of a U.S.-Iran nuclear understanding after a sharp rise in military tensions, according to an Axios report published Thursday citing sources...

Iran Buries Ayatollah Ali Khamenei at Imam Reza Shrine as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei at the Imam Reza Shrine in Mashhad early Friday, concluding a week of large-scale funeral ceremonies marked by mourning, nationalist rallies and anti-U.S....

Ukraine Secures U.S. Patriot Missile Production Deal, Zelenskiy Says

Ukraine has reached a political agreement with the United States to obtain licenses for the domestic production of PAC-3 Patriot interceptor missiles, President Volodymyr Zelenskiy announced after returning from the NATO...

North Korea Expands Nuclear Forces as Kim Jong Un Pushes Military Modernization

North Korea has approved new measures to strengthen its nuclear forces both quantitatively and qualitatively, according to state media KCNA, as leader Kim Jong Un called for accelerated military modernization during a key...

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

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...

SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand

South Korean memory chip maker SK Hynix Inc. has priced its landmark U.S. American depositary receipt (ADR) offering at $149 per ADR, finalizing one of the largest and most closely watched semiconductor share sales in...

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...