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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jul 07, 2026 08:07 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

PBoC to maintain prudent monetary policy but with flexibility to ensure reasonably adequate liquidity, says Scotiabank

Feb 18, 2020 04:29 am UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) is expected to maintain a prudent monetary policy but with flexibility this year to ensure reasonably adequate liquidity, according to the latest research report from Scotiabank. China...

China Crisis Series

Coronavirus: the blow to the Chinese economy could be felt for years

Feb 18, 2020 01:23 am UTC| Insights & Views Economy

Investors are still being fairly complacent about the novel coronavirus. After the number of new daily cases suddenly shot up to more than 15,000 on February 12 following more than a week of decline, there were some...

UK gilts steady ahead of December employment report

Feb 17, 2020 13:41 pm UTC| Commentary Economy

The United Kingdoms steadied during European trading hours Monday ahead of the countrys employment report for the month of December, scheduled to be released on February 18 by 09:30GMT. The yield on the benchmark...

German bunds nearly flat in silent trading hours ahead of February ZEW economic sentiment

Feb 17, 2020 11:22 am UTC| Commentary Economy

The German bunds remained nearly flat during afternoon session Monday amid a muted trading day that witnessed data of little economic significance ahead of the countrys ZEW economic sentiment for the month of February,...

Depreciation bias remains for SGD to cushion economic downturn, says Commerzbank

Feb 17, 2020 10:54 am UTC| Commentary Economy

For the Singaporean dollar, a depreciation bias remains to cushion the economic downturn, according to the latest research report from Commerzbank. Singapore revised down this years growth forecast by 1 percentage point...

Wage growth has stagnated under Australia's EBAs, unlikely to pick-up soon: ANZ Research

Feb 17, 2020 09:31 am UTC| Commentary Economy

The average annual wage increase (AAWI) under new enterprise bargaining agreements (EBAs) has idled at 2.7 percent for the three quarters to September 2019. The private sector recorded a slight decline to 2.7 percent in...

BoK in no rush to cut policy rate next Thursday, leave door open for future rate cuts: Scotiabank

Feb 17, 2020 06:51 am UTC| Commentary Central Banks Economy

The Bank of Korea (BoK) does not seem to be in any rush to cut its policy rate next Thursday (27 February) but will leave the door open for future rate reductions, according to the latest research report from...

2301 2302 2303 2304 2305 2306 2307 2308 2309 2310

Economy

Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis

Cuba began gradually restoring electricity on Monday after the countrys national power grid suffered another major collapse, leaving millions without electricity and worsening an already severe energy crisis driven by fuel...

Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns

Asian stock markets declined on Tuesday as investors questioned whether future earnings can justify lofty artificial intelligence (AI) valuations, triggering a broad selloff in semiconductor stocks despite Samsung...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...

Oil Prices Rise as Strait of Hormuz Risks Offset OPEC+ Supply Increase

Oil prices edged higher on Tuesday as renewed security concerns in the Strait of Hormuz balanced expectations of increased global crude supply following Saudi Arabias price cuts for Asian buyers and OPEC+s latest...

US Stock Futures Slip as Fed Minutes, Earnings Season Take Center Stage

U.S. stock futures traded slightly lower late Monday after Wall Street began the week with solid gains led by technology and semiconductor stocks. Investors are now shifting their attention to the Federal Reserves upcoming...

Politics

Trump May Reopen F-35 Program Access for Turkey Ahead of NATO Summit

U.S. President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that his administration is prepared to allow Turkey to rejoin the F-35 stealth fighter program, according to a New York Times report...

FIFA Defends Balogun Ban Suspension After Trump Praise Sparks World Cup Controversy

FIFA President Gianni Infantino defended the organizations disciplinary process after U.S. President Donald Trump praised the decision to suspend U.S. striker Folarin Baloguns World Cup red-card ban, a move that has...

Australia, Solomon Islands Strengthen Ties After China’s Pacific Missile Test

Australia and the Solomon Islands have pledged to deepen their bilateral partnership by advancing negotiations on a new comprehensive treaty, a move that comes just one day after China conducted an intercontinental...

NATO Leaders to Unveil Multi-Billion-Dollar Defense Deals Ahead of Trump Summit in Ankara

NATO leaders are set to announce defense agreements worth tens of billions of dollars in Ankara on Tuesday, underscoring Europes commitment to increasing military spending ahead of a high-profile summit with U.S. President...

Trump Says Ukraine Peace Deal Is Closer Ahead of NATO Summit Talks

U.S. President Donald Trump said a resolution to the Russia-Ukraine war may be closer than many believe as he prepares to discuss the conflict during this weeks NATO summit in Ankara, where he is expected to meet Ukrainian...

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

Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit

Meta Platforms has revealed that four U.S. states are seeking approximately $1.4 trillion in potential penalties in a lawsuit accusing the company of designing Facebook and Instagram to addict young users while misleading...

Samsung Q2 Profit Hits Record on AI Memory Boom as Shares Tumble

Samsung Electronics (KS:005930) forecast record-breaking second-quarter earnings on Tuesday, driven by surging demand for artificial intelligence (AI) memory chips. Despite posting stronger-than-expected operating profit,...

LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand

LG Energy Solution (KS:373220) expects its second-quarter operating profit to plunge 77% from a year earlier as slowing global electric vehicle (EV) demand continues to pressure the battery industry, despite reporting...

WiseTech Global Shares Surge as Richard White Steps Down as Executive Chair

WiseTech Global shares jumped more than 10% on Tuesday after the Australian logistics software company announced that co-founder Richard White had stepped down as executive chair with immediate effect. Independent director...

Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone

Bank of America upgraded T-Mobile US (NASDAQ: TMUS) to Buy from Neutral on Monday, arguing that the recent selloff in telecom stocks has created an attractive buying opportunity and that investors are overstating the...