Menu

Search

French industrial output likely fell in December on mild weather and fall in energy component

Feb 10, 2016 07:02 am UTC| Commentary

Frances industrial production is likely to have dropped 0.3% m/m and grown 1.1% y/y in December, mainly because of further drop in energy component and very mild winter in the month. This might partially counter the...

Weakness in German industrial sector likely to continue into 2016

Feb 10, 2016 06:33 am UTC| Commentary

Germanys industrial production dropped surprisingly by 1.2% m/m in December, at odds with Barclays and consensus forecasts. The nation had posted a slight growth of 0.1% m/m in November. Throughout major components,...

Data shows deflationary pressure still has upper hands in Japan

Feb 10, 2016 06:06 am UTC| Commentary Economy

Poor Mr. Kuroda. Japanese benchmark stock index Nikkei 225 is down more than 3% again today and that brings it down more than 18% for the year and more than 25% in last six months. Nikkei is currently trading at...

Emerging Market Crisis Series

Mexico’s core inflation likely to remain soft on MXN depreciation and labor market slack

Feb 10, 2016 05:57 am UTC| Commentary

Mexicos January CPI rose 0.38%, owing to a strong non-core data of 1% 2w/2w in the second half of the month due to higher vegetables and fruits prices. Meanwhile, core inflation eased 0.14% 2w/2w, mainly due to services...

Westpac Melbourne Institute Index of Consumer Sentiment rises to optimistic level in February

Feb 10, 2016 05:35 am UTC| Commentary

The Westpac Melbourne Institute Index of Consumer Sentiment for February rose by 4.2% to 101.3 after dropping in January by 3.5%. The index has risen above the level of 100, the optimistic level. The Januarys drop was...

Guide to today’s important data and events

Feb 10, 2016 05:24 am UTC| Commentary

Not many economic dockets scheduled for today, however some with high risks associated. Focus on Janet Yellen testimony. Data released so far Australia - HIA new home sales rose 6% in December compared to -2.7%...

Oil in Global Economy Series

Lower oil prices likely to sustain Philippines’ current account surplus

Feb 10, 2016 04:54 am UTC| Commentary Economy

Philippines December exports contracted for the ninth consecutive time on year-on-year basis. Weakness in exports of textiles, food and furniture mainly led to the overall decline in exports. The countrys shipments to...

  4131 4132 4133 4134 4135 4136 4137 4138 4139 4140   

Economy

Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence

Moodys believes Perus President-elect Keiko Fujimori is well-positioned to strengthen investor confidence by maintaining economic policy continuity and protecting the countrys key institutions. According to the ratings...

New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease

New Zealand consumer confidence improved in June as inflation expectations declined, signaling a gradual recovery in household sentiment despite overall optimism remaining below pre-oil price spike levels, according to the...

Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer

Brazils government will remove its gasoline subsidy much sooner than the diesel subsidy, opting for a gradual approach to prevent disruptions in the countrys fuel market while maintaining its fiscal-neutrality goals....

Denmark Central Bank Intervenes to Support Krone Peg Against Euro

Denmarks central bank stepped into the foreign exchange market in June for the first time in more than six years to support the Danish krone after the currency weakened to its lowest level against the euro in over 25...

Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations

Gold prices rallied sharply on Thursday, with spot gold climbing more than 2% after a weaker-than-expected U.S. jobs report reduced expectations for additional Federal Reserve interest rate hikes. The softer labor market...

Politics

Russia’s Deadly Kyiv Missile and Drone Attack Kills 27 as Zelensky Urges Faster Air Defense Support

Russia launched one of its largest air assaults on Ukraines capital, Kyiv, overnight, killing at least 27 people, injuring 91 others, and damaging around 130 buildings in the deadliest attack on the city this year....

Russian Attacks Kill Three in Eastern Ukraine as Civilian Casualties Mount

Russian attacks across eastern Ukraine killed at least three people on Thursday, including a seven-year-old child, while several others were injured in strikes targeting multiple regions, according to Ukrainian regional...

DHS Investigates Cyber Breach in Homeland Security Information-Sharing Network

The U.S. Department of Homeland Security (DHS) has launched an investigation into a cybersecurity breach involving an unnamed government information-sharing network, raising fresh concerns about the security of sensitive...

Trump Accounts Now Accept Stock Donations as Treasury Launches New Child Investment Program

Individuals and businesses will soon be able to donate publicly traded stocks to Trump Accounts, the government-backed investment accounts created under President Donald Trumps landmark tax and immigration law, according...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

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

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...
  • Market Data
Close

Welcome to EconoTimes

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