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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Jul 02, 2026 10:46 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Currency War Series

Norway's Central Bank likely to cut rates in March

Jan 11, 2016 11:40 am UTC| Commentary

Norwegian December core inflation stood at 3.0%, in line with Norges Banks forecast, but below consensus at 3.2% and the central bank expects inflation to stay the same for some months. As food prices were cut before...

Trade War Series

Emerging Market Crisis Series

Saudi Arabia assures commitment to Dollar peg

Jan 11, 2016 11:38 am UTC| Commentary

Saudi Arabias monetary authority has sent a message to speculators, who have pushing Real forward lower against Dollar, betting lower oil price and growing fiscal imbalance would push Saudi Arabia to with draw from its...

Danish Inflation YoY likely to rise in H2 2016

Jan 11, 2016 11:17 am UTC| Commentary

Danish December Inflation was posted at 0.5%, well above consensus and Nordea Banks forecast of 0.3% and is expected to grow from next month onwards, driven by diminishing base effects from lower energy prices. The...

USDTRY and EURHUF likely to increase on low/negative real interest rate in 2016

Jan 11, 2016 10:27 am UTC| Commentary

November Industrial output data of Turkey and Hungary posted deceleration in growth of both the economies, as Turkish production decreased by 1% M/M, declining to 3.5% YoY against consensus of 4.3%, while Hungarian...

2016 – Fabulous start for Gold, VIX, Treasury

Jan 11, 2016 10:13 am UTC| Commentary

Not everyone is crying foul over turmoil in China, while stock market assets had their worst start in 2016, some of the safe haven bulls having their best of times. As it has been worst start ever for SP 500, VIX had...

2016 – Worst start for global stock market

Jan 11, 2016 09:49 am UTC| Commentary

Global stock market got off to its worst New Year start in 2016, stocks continuously declined last week, due to spill over in concern stemming from China. At one hand Chinas stock market volatility soured the mood (which...

Malaysia’s domestic demand likely to be weaker in 2016

Jan 11, 2016 08:18 am UTC| Commentary

Malaysias November Industrial Production grew only 1.8% (Oct: 4.2%), well below the consensus forecast of 4.0% and Barclays projection of 3.5%. With mining activity accounting for most of the decline, the growth was...

4251 4252 4253 4254 4255 4256 4257 4258 4259 4260

Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

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...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

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...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

US Envoy Urges Taiwan to Build ‘Hornet’s Nest’ Drone Defense Against China

Taiwan should rapidly expand its drone capabilities to strengthen deterrence against potential conflict with China, the top U.S. representative to the island said on Thursday, underscoring growing support for Taipeis...

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 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...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...