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

Become a contributor

Bookmark Econotimes

Digital Currency

Mon, Sep 14, 2026 09:39 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Abra raises $12 million in Series A Funding

Oct 28, 2015 02:55 am UTC| Digital Currency

Abra, a bitcoin-based remittance app, has raised $12 million in Series A financing. Total funding by the company till date now stands at $14 million. Investors in the Series A financing round include Arbor Ventures, RRE...

E-commerce Giant Ebay Files For Two Cryptocurrency Patents

Oct 27, 2015 05:36 am UTC| Digital Currency

eBay, the American multinational and e-commerce company, has filed two cryptocurrency-related patent applications. The US Patent and Trademark Office (USPTO) published last week the applications that were submitted on 18th...

Australian Securities Exchange To Embrace Blockchain Technology

Oct 27, 2015 05:35 am UTC| Digital Currency

The blockchain technology is creating ripples in the global financial sector. Industry leaders are recognising the potentially disruptive technology which can completely revolutionise the financial sector. According to...

FxWirePro: BTC/USD faces major resistance around $300, good to sell on rallies

Oct 26, 2015 07:52 am UTC| Technicals Digital Currency

BTC/USD has made a high of $296 and started to decline from that level. Short term trend is bearish as long as resistance $300 holds. The pairs minor support is around $277 and any break below will drag the pair...

Blockchain Alliance: Bitcoin Community Initiative To Combat Crime

Oct 23, 2015 08:03 am UTC| Digital Currency

Realizing the potential of bitcoin and the blockchain to be used for criminal and illegal activities, a public-private forum has been created by Bitcoin community, christened as Blockchain Alliance, the Chamber of Digital...

FxWirePro: BTC/USD breaks major resistance around $273, good to buy at dips

Oct 23, 2015 06:44 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $275 which confirms short term bullishness a jump till $292/$300 is possible. The pairs minor support is around $258 and any break below will drag the pair further down till...

European Court of Justice: Bitcoin Transactions Exempt From VAT

Oct 22, 2015 11:01 am UTC| Digital Currency

In rather positive news for the bitcoin community, the European Court of Justice has ruled that currency transactions involving Bitcoin should, like other foreign exchange trades, be exempt from Value Added Tax (VAT),...

2661 2662 2663 2664 2665 2666 2667 2668 2669 2670

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...