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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Jul 09, 2026 01:30 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency snapshot (major pairs)

Dec 07, 2016 12:02 pm UTC| Commentary

Dollar index trading at 100.52 (+0.03%) Strength meter (today so far) Euro +0.05%, Franc +0.08%, Yen -0.04%, GBP -0.53% Strength meter (since last week) Euro +0.67%, Franc -0.18%, Yen -0.65%, GBP -0.89% EUR/USD...

China’s foreign trade likely to have recovered further in November

Dec 07, 2016 11:42 am UTC| Commentary

Chinas foreign trade is expected to have recovered further in November. According to Societe Generale, foreign trade is expected to have rebounded in both RMB and USD terms. South Koreas trade data shows an improvement in...

API reports deficit while the market awaits EIA report

Dec 07, 2016 11:40 am UTC| Commentary

North American oil benchmark, WTI is enjoying positive sentiment over the OPEC deal, that was concluded last week. WTI is currently trading at $51.1 per barrel and Brent at $3 per barrel premium to WTI. Key factors at...

USD/MYR pair likely to trade at 4.6 by end-2017, says Commerzbank

Dec 07, 2016 11:27 am UTC| Commentary

Since the U.S. Presidential elections on 8 November, the Malaysian ringgit has underperformed against its peers. The Malaysian currency has depreciated about 6 percent against the US dollar as against the average drop of...

Central Banking Series

Bank of Canada monetary policy preview

Dec 07, 2016 11:27 am UTC| Commentary Central Banks Economy

Today Bank of Canada (BoC) is to provide further guidance in policy meet. The result of the monetary policy meeting is scheduled to be announced at 15:00 GMT. Current policy measures BoC is maintaining overnight...

Malaysian exports witness sharpest fall since April 2015, beats market expectations

Dec 07, 2016 11:23 am UTC| Commentary Economy

Exports in Malaysia witnessed the sharpest fall since April last year, largely beating what markets had initially anticipated. Malaysias exports in October fell 8.6 percent from a year earlier, the biggest drop since...

Czech National Bank likely to extend EUR/CZK floor until end-2017, says Commerzbank

Dec 07, 2016 11:14 am UTC| Commentary Central Banks

The Czech National Banks minimum exchange rate of 27.00 determines the EUR/CZK exchange rate. This year, the Czech central bank had to continue to actively defend the floor using foreign exchange intervention, which has...

2751 2752 2753 2754 2755 2756 2757 2758 2759 2760

Economy

Bernstein Raises 2026 Nickel Price Forecast as Indonesia Tightens Supply

Bernstein has increased its 2026 nickel price forecast to $17,357 per metric ton, up from an estimated average of $15,164 per ton in 2025, citing a significantly more balanced global nickel market than previously expected....

Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious

The U.S. dollar edged lower on Thursday after the Federal Reserves June meeting minutes appeared less hawkish than investors had anticipated, although escalating geopolitical tensions in the Middle East limited the...

US Back-to-School Spending Seen Falling as Families Focus on Essentials

U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion

Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets

Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Politics

Qatar Urges U.S.-Iran Diplomacy as Fresh Strikes Threaten Fragile Ceasefire

Qatar urged Iran and the United States to recommit to diplomacy on Thursday as both countries exchanged fresh military strikes, raising fears that their fragile ceasefire could collapse and further destabilize the Middle...

Iran Buries Ayatollah Ali Khamenei as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei on Thursday at the revered Shrine of Imam Reza in Mashhad, marking the end of a week of nationwide mourning ceremonies following his death in a U.S. strike. The...

Trump, Erdogan Strengthen U.S.-Turkey Ties at NATO Summit in Ankara

Turkey used the NATO summit in Ankara to showcase its growing ties with the United States, rolling out a high-profile welcome for President Donald Trump that underscored Ankaras ambitions to strengthen its role within the...

ICC Says Darfur War Crimes Probe Reaches Breakthrough in Sudan Investigation

The International Criminal Court (ICC) says it has made a significant breakthrough in its investigation into alleged war crimes and crimes against humanity committed during Sudans conflict in the Darfur region, with...

Houston ICE Shooting Sparks Protests, Demands for Independent Investigation

Hundreds of demonstrators gathered in Houston on Wednesday to protest the fatal shooting of a Mexican national by a U.S. Immigration and Customs Enforcement (ICE) officer, intensifying concerns over the Trump...

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

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)...

SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom

SK Hynixs planned $28 billion U.S. share sale attracted demand worth more than seven times the number of shares available, highlighting strong investor confidence in the South Korean memory chip maker and the rapidly...

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...