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

Become a contributor

Bookmark Econotimes

Digital Currency

Tue, Sep 15, 2026 02:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Blockchain Revolution Series

France’s Natixis joins R3’s blockchain-based trade finance initiative Marco Polo

Jun 01, 2018 03:26 am UTC| Digital Currency

French banking giant Natixis has joined Marco Polo, a trade finance initiative run by enterprise software firm R3 and trade finance technology specialist TradeIX. Launched in September 2017, the initiative focuses on a...

Blockchain Revolution Series

EOS community shortlists BP candidates, 5 South Korean candidates make the cut

May 31, 2018 19:55 pm UTC| Digital Currency

EOS blockchain community, EOS Go, has announced the results of a weekly block producer (BP) candidate eligibility survey, conducted recently on the busy.org website, TokenPost reported. The survey was conducted on 177...

Blockchain Revolution Series

EconoTimes and TokenPost to host the largest blockchain conference in South Korea

May 31, 2018 19:52 pm UTC| Digital Currency

EconoTimes, the publisher of TokenPost, has officially announced that it is going to hold Blockchain Open Forum in June 2018. TokenPost is South Koreas leading provider of news and analysis on trends, technologies, and...

Indian foreign ministry seems reluctant in Venezuelan offer of petro-backed Cryptocurrency payment

May 31, 2018 13:30 pm UTC| Research & Analysis Digital Currency Insights & Views Central Banks Governance

Venezuela has the worlds largest oil reserves for any nation and announced its oil-backed cryptocurrency, the petro, in December in what would soon become the worlds first state cryptocurrency. Sources report that it is...

FxWirePro: LTCUSD forms triple bottom at 109, good to buy on dips

May 31, 2018 13:08 pm UTC| Digital Currency

Chart Pattern formed- Triple Bottom LTC/USD hits low of $109 and has shown a minor recovery till $123 from that level. It has halted its weakness for a while after continuous selling for four consecutive week. The...

FxWirePro: IOTA jumps almost 18% after Trinity mobile beta launch, good to buy on dips

May 31, 2018 12:42 pm UTC| Digital Currency

IOTA jumped almost 18% from yesterdays low of $1.5010 level. The main reason for price jump is due to Trinity Beta Wallet release and UNOPS partnership. Trinity beta wallet is available on IOS and Android, the desktop...

Digital Currency Revolution

BCH/USD struggles to hold $1,000 mark at sloping channel resistance – Rallies to extend on sustenance of momentum, dips on failure swings

May 31, 2018 12:20 pm UTC| Technicals Digital Currency Insights & Views

Bitcoin cash (BCHUSD) has dipped below $1,200 levels. While the minor trend of this pair slides through sloping channel, where the hanging man pattern which is bearish in nature pops up at the stiff channel...

1621 1622 1623 1624 1625 1626 1627 1628 1629 1630

Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

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

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...