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

Become a contributor

Bookmark Econotimes

Digital Currency

Fri, Dec 12, 2025 09:33 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Blockchain Revolution Series

Cambridge Blockchain raises $7M in Series A round led by Foxconn’s HCM

May 16, 2018 12:01 pm UTC| Digital Currency

Blockchain identity startup Cambridge Blockchain has raised $7 million in a Series A funding round led by HCM Capital, the venture arm of Foxconn Technology Group. The funding round also saw the participation from...

Blockchain Revolution Series

Digital Currency Revolution

Circle attracts $110M in Series E round, announces dollar-pegged cryptocurrency ‘USD Coin’

May 16, 2018 11:20 am UTC| Digital Currency

Blockchain-based payments startup Circle made two major announcements a $110 million Series E round and tokenized US dollar coins USD Coin. The funding round was led by Bitmain and drew support from existing investors...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 10-DMA, good to go short on break below 200-DMA

May 16, 2018 10:32 am UTC| Digital Currency

ETH/USD failed to break above 10-DMA and is trading tad lower at 696 levels at the time of writing (Coinbase). On the upside, a decisive break above 719 (10-DMA) would see the pair testing 775 (trend line joining...

Blockchain Revolution Series

Taiwanese tech giant HTC announces blockchain smartphone ‘Exodus’

May 16, 2018 09:55 am UTC| Digital Currency

Taiwanese smartphone maker HTC is working on a new Android phone which will be powered by blockchain technology, The Next Web reported. Dubbed Exodus, the new phone will be dedicated to decentralized applications...

FxWirePro: TRON/USD declines sharply before launch of MainNet, good to buy on dips

May 16, 2018 09:50 am UTC| Digital Currency

Tron declined almost 40% from the high of 0.1012 made on Apr 30th 2018. Overall the pair jumped almost 350% from the low of 0.02280 and secured its place back in top ten crypto currencies by market cap (10th position as of...

Blockchain Revolution Series

Russia’s MTS, Sberbank issue commercial bonds using blockchain technology

May 16, 2018 09:00 am UTC| Digital Currency

Russian telecom giant MTS has announced that it has issued commercial bonds using blockchain smart contracts, making it the first such transaction in Russia. The transaction involved placing commercial bonds in the...

Digital Currency Revolution

Cryptocurrencies’ price stability drives hedge funds surge in volumes in April

May 16, 2018 08:11 am UTC| Research & Analysis Insights & Views Digital Currency

Just beginning of this week, we posted about the constructive stance of GS on hedge funds, go through below weblink for more...

1431 1432 1433 1434 1435 1436 1437 1438 1439 1440

Economy

Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only

Ireland has clarified that its proposed legislation to curb trade with Israeli settlements in the occupied West Bank will apply strictly to goods, not services, according to a senior minister speaking to Reuters. The...

Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook

Gold prices edged slightly lower in Asian trading on Friday after posting strong gains earlier in the week, as dovish signals from the U.S. Federal Reserve continued to support precious metals markets. Despite the minor...

Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal

Indonesia expects to finalize its tariff negotiations with the United States by the end of the year, signaling continued momentum in bilateral trade relations despite reports of growing tensions. The announcement was made...

Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook

Most Asian currencies traded in a narrow range on Friday as investors digested the U.S. Federal Reserves latest interest rate decision and assessed the outlook for monetary policy next year. While regional foreign exchange...

Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals

U.S. stock futures edged lower on Thursday evening as renewed pressure on technology and artificial intelligence stocks overshadowed optimism surrounding a more accommodative Federal Reserve. The pullback was driven...

Politics

Democrats Face Uphill Battle in Midterm Elections Despite Recent Victories, Reuters/Ipsos Poll Shows

Recent Democratic election wins have fueled optimism that the party could reclaim one or even both chambers of the U.S. Congress in next years midterm elections. However, a new Reuters/Ipsos poll suggests that this...

Trump Claims Pardon for Tina Peters Despite No Legal Authority

U.S. President Donald Trump said Thursday that he is pardoning Tina Peters, a former Colorado county clerk convicted of tampering with voting machines following the 2020 presidential election, even though he has no legal...

Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade

Indian Prime Minister Narendra Modi said he held a phone conversation with U.S. President Donald Trump on Thursday, as New Delhi intensifies efforts to secure relief from steep U.S. tariffs imposed on key Indian exports....

Trump Signs Executive Order to Establish National AI Regulation Standard

U.S. President Donald Trump on Thursday signed a sweeping executive order aimed at creating a unified national framework for regulating artificial intelligence, marking a significant shift in how AI governance is handled...

Trump Signals Conditional Push for Ukraine Peace Talks as Frustration Mounts

U.S. President Donald Trump has indicated that his administration may send a senior representative to Europe this weekend for potential peace talks on the war in Ukraine, but only if there is a genuine opportunity to...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

Intel has tested advanced chipmaking equipment this year from ACM Research, a semiconductor toolmaker with deep operational ties to China, according to sources familiar with the matter. The move has drawn scrutiny because...

Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...

Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies

Evercore ISI analysts have reiterated their Outperform rating on Alphabet Inc. (NASDAQ: GOOGL), emphasizing that Googles core search business continues to dominate the market despite intensifying competition from...