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

Become a contributor

Bookmark Econotimes

Economy

Tue, Aug 25, 2026 04:21 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

Aug 13, 2026 06:20 am UTC| Economy Central Banks

Japans government is reportedly supportive of an earlier interest rate hike by the Bank of Japan (BOJ), with policymakers potentially moving as soon as September or October as inflationary pressures intensify. Bloomberg...

Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

Aug 13, 2026 06:16 am UTC| Economy

Most Asian currencies traded in a narrow range on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that largely matched market expectations. The U.S. Dollar Index was...

Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets

Aug 13, 2026 06:13 am UTC| Economy

Gold prices moved lower on Thursday after pulling back from a fresh two-month high, as investors assessed softer U.S. inflation data alongside persistent energy risks and uncertainty over the Federal Reserves interest rate...

Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts

Aug 13, 2026 06:11 am UTC| Economy

Oil prices fell sharply during Asian trading on Thursday as weaker global demand forecasts outweighed concerns over potential supply disruptions in West Asia. Brent crude futures dropped 1.15% to $87.96 per barrel, while...

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

Aug 13, 2026 01:42 am UTC| Economy

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan

Aug 12, 2026 04:40 am UTC| Economy

Asian stocks mostly advanced Wednesday as renewed strength in technology and semiconductor shares boosted markets in South Korea and Japan. However, higher oil prices and uncertainty surrounding U.S.-Iran negotiations kept...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Aug 12, 2026 04:38 am UTC| Economy

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

11 12 13 14 15 16 17 18 19 20

Economy

Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears

Unitree shares have plunged about 45% from their post-IPO highs, raising concerns about a potential robotics stock bubble, retail investor losses and weaknesses in Chinas listing system. The Chinese humanoid robot maker...

RBA Debated Rate Hike as Inflation Risks Persist

Reserve Bank of Australia policymakers considered raising interest rates by 25 basis points at their August meeting as concerns over persistent inflation competed with signs of weakening economic activity, according to...

Gold Hits Three-Month High as Treasury Moves Fuel Rally

Gold prices extended their strong rally on Tuesday, reaching a three-month high as investors weighed U.S. Treasury intervention in the bond market alongside escalating trade and geopolitical tensions. Spot gold (XAU/USD)...

Oil Prices Edge Higher as US-Iran Sanctions Fuel Supply Concerns

Oil prices edged higher on Tuesday as investors assessed the potential impact of expanded U.S. sanctions against Iran and Tehrans threat to retaliate, keeping concerns over Middle East crude supplies firmly in focus. Brent...

ECB Rate Hike Bets Rise as Inflation Risks Persist

Money markets are increasingly betting on a more hawkish European Central Bank as geopolitical tensions and persistent energy pressures threaten to keep euro zone inflation elevated. Traders now see the ECB deposit rate...

Politics

US Removes Syria From Terrorism Sponsor List

The United States has officially removed Syria from its list of state sponsors of terrorism, eliminating a major barrier to foreign investment and further strengthening Washingtons relationship with Syrias new government....

Trump Buys SpaceX Shares After Record IPO

President Donald Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed on August 12 and released Friday. The SpaceX investment was one of more than 1,000...

US Launches ‘Economic Onslaught’ Against Iran With New Sanctions

U.S. Treasury Secretary Scott Bessent announced a sweeping new sanctions campaign against Iran on Monday, warning that countries continuing to conduct business with Tehran could face penalties from Washington. Speaking at...

US Cancels South Korea Military Drill Amid Iran War

The United States has cancelled a major joint amphibious landing exercise with South Korea scheduled for next month, as the ongoing Iran war limits the availability of U.S. military forces, South Koreas Marine Corps said...

Donald Trump’s North Korea Outreach Raises Asia Alliance Concerns

U.S. President Donald Trumps renewed outreach to North Korean leader Kim Jong Un is raising concerns among key Asian partners as Washingtons allies reassess the reliability of U.S. security commitments across the...

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

Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone

Chinese smartphone giant Xiaomi unveiled its new Xring O3 processor on Monday, advancing its strategy to develop proprietary chips and reduce dependence on external semiconductor suppliers such as Qualcomm and MediaTek....

Countries Tighten Social Media Bans for Children

Governments worldwide are tightening social media restrictions for children as concerns grow over online safety, mental health, addictive features and exposure to harmful content. Australia became the first country to...

New Zealand Moves to Ban Social Media for Children Under 16

New Zealands conservative coalition government is moving to restrict social media access for children under 16, with a new bill set to be introduced in Parliament on Monday. The proposed legislation would impose strict...

Nvidia Eyes Perplexity Investment at $30 Billion Valuation

Nvidia is reportedly in talks to invest in artificial intelligence startup Perplexity as part of a multibillion-dollar funding round that could value the AI company at more than $30 billion. The potential Nvidia investment...

Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints

Samsung Electronics shares plunged as much as 8% in early Monday trading after the South Korean technology giants record shareholder-return plan fell short of investor expectations, particularly over share buybacks and the...