Menu

Search

Korea plans to boost ailing exports

Jul 10, 2015 06:51 am UTC| Commentary Economy

The plans are part of the Korea governments broader move to shield its exports from Chinas slowdown and the prolonged weakness in JPY. South Korea is seeing the continual weakness in exports and softer domestic consumption...

Holidays dent France's industrial production in May

Jul 10, 2015 06:20 am UTC| Commentary Economy

Frances manufacturing production recorded a sharp fall (-2.5% mom, -2.8% yoy). The numerous and fluctuating bank holidays distrubed the countrys industrial output in May. Last year, three bank holidays fell on a Thursday,...

Conditions in the global economy take a turn for the worse

Jul 09, 2015 17:41 pm UTC| Commentary Economy

The minutes of the June 16-17 FOMC cited Greece and China as risks but also confirmed that the US is moving towards conditions that would support a rate hike. However, since the middle of June, the news from the global...

MERS and Yen to take greater toll on Korea

Jul 09, 2015 11:09 am UTC| Insights & Views Economy

South Koreas central bank kept interest rates at record low of 1.5% but reduced the growth forecast amid economic slowdown. Today, the Central Bankreduced forecast for second quarter to just 0.4% from 1% revised...

Greece needs policies to employ people

Jul 09, 2015 10:16 am UTC| Insights & Views Economy

Half a decade of austerity, political changes have ravaged the countrys employment scenario. Todays release revealed that unemployment dropped marginally in April but remains staggeringly high at 25.6%. While...

Sweden 2016 wage negotiations round in focus

Jul 09, 2015 09:45 am UTC| Commentary Economy

The Riksbank wants to see is EUR/SEK staying at its current levels of 9.30, given the emphasis put on SEK in supporting the CPI recovery. A rise in import prices via SEK devaluation is likely the quickest and most direct...

Divergent monetary policies a more powerful EUR driver than Greek risks

Jul 09, 2015 09:43 am UTC| Commentary Economy

Euro has remained relatively resilient, despite a substantial deterioration of the situation in Greece. Although Grexit risks are negative for the Euro, data and divergence of monetary policies are more important drivers....

  3361 3362 3363 3364 3365 3366 3367 3368 3369 3370   

Economy

U.S.-Canada Trade Talks Resume as Trump Administration Reviews USMCA

U.S.-Canada trade relations are back in focus as senior officials from both countries prepare for formal talks in Washington in the coming weeks. U.S. Trade Representative Jamieson Greer confirmed that he recently spoke...

Solar Shockwave: U.S. Slaps 126% Tariff on Indian Imports in "America First" Crackdown

The U.S. Commerce Department has placed preliminary countervailing duties (CVD) of 125.87% on solar cells and panels imported from India, starting February 24, 2026. This action, prompted by a request from the Alliance for...

Japan Nominates Reflationist Economists to BOJ Board, Signaling Policy Shift

The Japanese government has nominated academics Toichiro Asada and Ayano Sato to join the Bank of Japans nine-member policy board, a move that could shape the future direction of Japans monetary policy under Prime Minister...

Trump Touts Stock Market Gains and 401(k) Boost Amid Tariff Uncertainty

U.S. President Donald Trump highlighted strong stock market performance and proposed new retirement savings incentives during his State of the Union address on Tuesday, while offering limited clarity on the future of U.S....

Hong Kong Economy Forecast to Grow 2.5%-3.5% in 2026, Budget Deficit Set to Narrow

Hong Kongs economy is projected to remain resilient in 2026, with growth expected between 2.5% and 3.5%, according to Financial Secretary Paul Chans annual budget speech. The forecast signals renewed momentum for the...

Politics

Trump’s Iran Nuclear Claims: Missiles, Uranium Enrichment, and Protest Death Toll in Focus

U.S. President Donald Trump used his State of the Union address to outline a potential case for military action against Iran, accusing Tehran of advancing its missile capabilities and reviving its nuclear weapons program....

Claudia Sheinbaum Confirms Call With Trump After El Mencho Killed in Major Mexico Cartel Raid

Mexican President Claudia Sheinbaum confirmed on Wednesday that she spoke with U.S. President Donald Trump following a high-profile security operation that resulted in the death of notorious drug cartel leader Nemesio...

Rubio Urges Caribbean Cooperation on Crime as U.S. Tightens Cuba Policy

U.S. Secretary of State Marco Rubio called for stronger cooperation between the United States and Caribbean nations to combat criminal gangs and drug trafficking during a high-level meeting with CARICOM leaders in Saint...

Democratic Attorneys General Sue Trump Administration Over CDC Childhood Vaccine Schedule Changes

Two Democratic state attorneys general have launched a multistate lawsuit against the Trump administration, challenging recent changes to the federal childhood vaccine schedule that public health experts warn could reduce...

Trump and Zelenskiy Hold High-Stakes Phone Call Amid Ongoing Ukraine War

U.S. President Donald Trump held a phone call with Ukrainian President Volodymyr Zelenskiy on Wednesday, according to a report by Axios. The conversation comes at a critical time in the ongoing Russia-Ukraine war, drawing...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Anthropic Resists Pentagon Pressure Over Military AI Restrictions

Artificial intelligence company Anthropic is standing firm on its military AI usage restrictions despite mounting pressure from the U.S. Department of Defense, according to a source familiar with the discussions. The...

Trump Pushes Tech Giants to Build Power Plants to Offset AI Data Center Energy Costs

President Donald Trump announced during his State of the Union address that his administration is urging major technology companies to build and operate their own power plants to support energy-intensive data centers. The...

Hyundai Motor Plans Multibillion-Dollar Investment in Robotics, AI and Hydrogen in South Korea

Hyundai Motor is reportedly preparing a multibillion-dollar investment in South Koreas Saemangeum west coast zone, targeting robotics, artificial intelligence, a large-scale data centre, and hydrogen infrastructure....

Meta Encryption Plan Sparks Child Safety Concerns Amid New Mexico Lawsuit

Meta executives moved forward with plans to implement end-to-end encryption across Facebook Messenger and Instagram Direct despite internal warnings that the change could significantly reduce the companys ability to detect...

Apple to Begin Mac Mini Production in Texas Amid $600 Billion U.S. Investment Plan

Apple is set to shift part of its Mac Mini production to the United States, marking a significant expansion of its domestic manufacturing footprint. According to a report by The Wall Street Journal, the tech giant will...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.