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

Become a contributor

Bookmark Econotimes

Economy

Mon, Mar 30, 2026 05:06 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Gold Slips on Tariff Reprieve but Stagflation Fears Support Prices

May 26, 2025 05:39 am UTC| Economy

Gold prices edged lower in Asian trading on Monday, easing from recent highs after U.S. President Donald Trump delayed plans to impose 50% tariffs on the European Union. However, safe haven demand remained underpinned by...

Fed's Kashkari Warns of Stagflation Risks From Trump Tariffs

May 26, 2025 05:35 am UTC| Economy Insights & Views Central Banks

Minneapolis Federal Reserve President Neel Kashkari has warned that President Donald Trumps trade tariffs could trigger stagflationa mix of stagnant growth and persistent inflation. In an interview with Bloomberg TV,...

Indonesia Eases Reserve Rules to Inject $4.8B Liquidity into Banks

May 26, 2025 05:23 am UTC| Economy Central Banks

Bank Indonesia will reduce its secondary reserve requirement from 5% to 4% starting in June, freeing up 78.45 trillion rupiah (approximately $4.84 billion) in liquidity for banks, a move aimed at boosting loan growth and...

Trump Tariff U-Turn Lifts Euro, Markets Remain Wary

May 26, 2025 04:57 am UTC| Economy

European markets rebounded Monday after U.S. President Donald Trump delayed a planned 50% tariff hike on European Union imports. The announcement followed a call with European Commission President Ursula von der Leyen, who...

Thailand’s April Exports Surge 10.2%, Beating Market Expectations

May 26, 2025 04:55 am UTC| Economy

Thailands exports rose 10.2% year-on-year in April, exceeding market forecasts and signaling sustained momentum in the countrys trade sector, according to the commerce ministry. The figure outperformed analysts...

Asian Currencies Rise Slightly as Dollar Weakens on Trump Tariff Delay

May 26, 2025 04:50 am UTC| Economy

Asian currencies posted modest gains on Monday as the U.S. dollar extended losses, driven by President Donald Trumps decision to delay steep tariffs on the European Union. The U.S. Dollar Index dropped 0.3% during Asian...

ASEAN Summit Targets Myanmar Crisis and U.S. Tariff Threats Amid Rising Tensions

May 26, 2025 02:59 am UTC| Politics Economy

Southeast Asian leaders will convene in Kuala Lumpur to address Myanmars ongoing civil conflict and strategize responses to escalating global trade tensions spurred by U.S. President Donald Trumps tariff threats. The...

401 402 403 404 405 406 407 408 409 410

Economy

Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control

U.S. Treasury Secretary Scott Bessent reassured markets on Monday that the global oil supply remains stable, pointing to increased vessel traffic through the Strait of Hormuz as a key indicator of improving conditions....

Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes

Global aluminum prices shot up sharply on Monday, approaching levels not seen in nearly four years after Iranian missile and drone attacks caused significant damage to major smelting facilities across the Gulf region. The...

Goldman Sachs Sees Value in European Real Estate Stocks Despite Sharp Selloff

European real estate stocks have taken a significant hit since late February, tumbling roughly 14% as rising bond yields and widening credit spreads weigh heavily on the sector. According to Goldman Sachs, valuations have...

Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals

Asian currencies traded within a narrow range Monday as geopolitical uncertainty surrounding the U.S.-Israel conflict with Iran continued to weigh on regional sentiment. Most currencies in the region remained under...

Asian Stocks Drop Amid Iran War Fears and BOJ Rate Hike Signals

Asian equity markets declined sharply on Monday as investors reacted to mounting geopolitical tensions surrounding the U.S.-Israel conflict with Iran, while hawkish signals from the Bank of Japan added further pressure on...

Politics

Trump Warns of Iran Strikes as Nuclear Deal Talks Intensify

President Donald Trump signaled cautious optimism Monday over ongoing negotiations with Iran, while simultaneously issuing stark warnings about potential military escalation if a deal fails to materialize. In a Truth...

Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO

Ukraines drone program has become a global flashpoint after Rheinmetall CEO Armin Papperger sparked widespread backlash by dismissing Ukrainian defense innovation as amateur work carried out by women with 3D printers at...

U.S.-Iran War Talks Emerge Amid Ongoing Strikes and Economic Fallout

Diplomatic efforts to end the month-long U.S.-Iran war are gaining momentum, even as military operations intensify across the Middle East. President Donald Trump confirmed Sunday that the United States and Iran have...

Myanmar's Military Chief Steps Down to Pursue Presidency After Controversial Election

Myanmars military leader Min Aung Hlaing resigned as commander-in-chief on Monday to pursue the countrys presidency, marking a significant political shift following the nations first elections since the 2021 military coup...

UNIFIL Peacekeeper Killed in Southern Lebanon as Tensions Escalate

A United Nations peacekeeper was killed and several others were wounded after a projectile struck a UNIFIL position near the southern Lebanese village of Adchit al-Qusayr on Sunday. Indonesias foreign ministry confirmed...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...