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

Become a contributor

Bookmark Econotimes

Economy

Thu, Jul 02, 2026 02:30 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

S. Korea’s LG Uplus to develop open RAN platform tech with Dell to stabilize network operations

Feb 26, 2023 23:50 pm UTC| Technology Economy Business

South Koreas LG Uplus Corp. and global IT giant Dell Technologies will jointly develop an open radio access network (RAN) platform based on interoperability and standardization of elements from different vendors. The...

More S. Korean tech firms incorporating ChatGPT to enhance services

Feb 26, 2023 23:50 pm UTC| Technology Economy Business

South Korean tech companies such as SK Telecom Co., Samsung SDS Co., Gooddoc, and Team Sparta are increasingly incorporating ChatGPT into other services. SK Telecom Co. introduced ChatGPT to its AI chatbot Adot, which...

4 Hyundai Motor Group models earn US safety awards

Feb 26, 2023 23:50 pm UTC| Business Economy Life

Hyundai Motor Group earned four top safety pick awards from the nonprofit US Insurance Institute for Highway Safety (IIHS), further proving the quality of its vehicles. Hyundais Palisade SUV, Kias Telluride SUV, and...

IEA tells energy firms to step up efforts in reducing methane emissions

Feb 26, 2023 23:49 pm UTC| Nature Economy Business

The International Energy Agency (IEA) says that oil and gas companies are not doing enough to cut methane emissions, despite methane cuts being among the cheapest options to limit near-term global warming According to...

GM starts Trax Crossover production in S. Korea to meet rising demand in US

Feb 26, 2023 23:37 pm UTC| Economy Business Life

General Motors Co. has started producing the Chevrolet Trax Crossover at its South Korean plant ahead of its local launch in the first quarter to meet the rising demand for the new vehicle in the US and other...

Adidas pays tribute to Lionel Messi with kit dubbed ‘L10NEL M35SI’

Feb 26, 2023 23:33 pm UTC| Sports Life Economy Business

Adidas has launched a new collection pack dedicated to Lionel Messi titled L10NEL M35SI, inspired by the Argentinian footballers boots. which are a part of his unparalleled playing style. The collection of footwear and...

Starbucks Japan to add crunchy blooming sakura to new Frappuccino offering

Feb 26, 2023 23:29 pm UTC| Life Economy Business

Starbucks Japan announced that its latest offering in its dessert drink lineup, the Sakura Saku Saku Matcha Frappuccino, would feature whipped cream liberally sprinkled with its Sakura Saku Saku Topping, which gives it a...

1251 1252 1253 1254 1255 1256 1257 1258 1259 1260

Economy

US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low

The U.S. dollar strengthened on Wednesday as fresh economic data reinforced expectations that the Federal Reserve could keep interest rates elevated. Investors also assessed remarks from Fed Chair Kevin Warsh, while the...

Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data

Asian currencies mostly weakened on Wednesday as the U.S. dollar remained resilient, while the Japanese yen hovered near its weakest level in nearly four decades, keeping traders alert for potential intervention by...

Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data

Asian stock markets traded mixed on Wednesday, with South Korean equities leading regional losses as investors locked in profits after an exceptional second-quarter rally. Meanwhile, stronger manufacturing data from Japan...

Oil Prices Rise as U.S.-Iran Talks Keep Geopolitical Risks in Focus

Oil prices edged higher on Wednesday as uncertainty surrounding U.S.-Iran peace negotiations continued to support crude markets, even as record U.S. oil production pointed to improving global supply. Traders remained...

Gold Price Drops to Eight-Month Low as Fed Rate Hike Bets Weigh on Bullion. Source: Photo by Michael Steinberg via Pexels

Gold prices extended their losses during Asian trading on Wednesday, with bullion hovering near an eight-month low after recording its steepest quarterly decline in 13 years. Growing expectations that the Federal Reserve...

Politics

JD Vance Criticizes Vatican on Immigration, Defends Trump Border Policies

U.S. Vice President JD Vance said he disagrees with the Vaticans position on immigration, calling some of its recent comments troubling after Pope Leo repeatedly criticized President Donald Trumps immigration policies and...

U.S. Military Expands Venezuela Earthquake Relief Mission as Troop Presence Tops 900

The United States has significantly expanded its military presence in Venezuela to support humanitarian relief efforts following last weeks devastating earthquakes, with more than 900 U.S. personnel now operating inside...

Ukraine Preparing for Possible Russian Offensive From Bryansk, Military Chief Says

Ukraine is preparing for a possible new Russian offensive from the countrys northern border, although a direct assault on Kyiv is considered unlikely, according to Ukraines top military commander, Oleksandr Syrskyi....

Trump Prioritizes Iran Diplomacy Over Military Action as Nuclear Talks Continue

President Donald Trump has decided to keep diplomatic negotiations with Iran on track for now, despite recently reviewing options for renewed large-scale military action, according to a Wall Street Journal report citing...

UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap

United Nations Secretary-General Antonio Guterres has appealed to member states to urgently fill a $100 million funding gap facing the U.N. Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), warning...

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

Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls

Anthropic announced late Tuesday that the U.S. government has lifted export restrictions on its Claude Fable 5 and Mythos 5 artificial intelligence models, allowing the company to begin restoring user access starting...

South Korea Alleges Google Abused Android App Store Dominance, Eyes Major Fine

South Koreas antitrust regulator has accused Alphabets Google of abusing its dominant position in the Android app marketplace, a move that could result in a significant financial penalty and new corrective measures if the...

Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox

Microsoft is reportedly preparing another round of job cuts as the technology giant continues to reduce costs while increasing investment in artificial intelligence, according to a Business Insider report published...

Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism

Chip-equipment stocks surged on Tuesday after reports that South Koreas semiconductor leaders, Samsung Electronics and SK Hynix, plan to invest up to $1.3 trillion in new semiconductor manufacturing projects, reinforcing...

Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts

Nvidia (NASDAQ: NVDA) shares rebounded on the final trading day of the quarter after bullish supply-chain research from independent semiconductor firm SemiAnalysis suggested the AI chipmakers data center business could...