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

Become a contributor

Bookmark Econotimes

Economy

Mon, Mar 30, 2026 10:28 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

UBS Forecasts Continued Weakness for U.S. Dollar Despite Recent Bounce

Apr 23, 2025 10:50 am UTC| Economy

The U.S. dollar has edged higher in recent days, but UBS anticipates continued depreciation through 2025. As of 06:40 ET, the U.S. Dollar Index rose 0.3% to 98.960, rebounding from a three-year low. The euro dipped 0.2% to...

Trump Calms Markets with Assurances on Fed and Tariffs

Apr 23, 2025 05:26 am UTC| Economy Insights & Views

President Trump has gone to reassure markets by indicating that he has no plans to remove Federal Reserve Chairman Jerome Powell from office, walking back previous criticisms. While he once referred to Powell as a major...

BOJ Likely to Hold Rates Until July Amid Tariff Uncertainty, Economists Say

Apr 23, 2025 05:25 am UTC| Economy Central Banks

The Bank of Japan is expected to keep its key interest rate unchanged through June, according to a Reuters survey conducted from April 1421. Out of 56 economists, 84% anticipate no rate change at the April 30-May 1 and...

Asian Currencies Rise as Trump Eases Fed, Tariff Tensions

Apr 23, 2025 05:18 am UTC| Economy

Most Asian currencies strengthened on Wednesday after U.S. President Donald Trump softened his stance on the Federal Reserve and signaled openness to easing trade tariffs on China. Meanwhile, the Japanese yen weakened...

Oil Prices Climb as U.S. Sanctions Iran, Trump Eases Fed Pressure

Apr 23, 2025 04:43 am UTC| Economy

Oil prices extended gains in early Asian trading Wednesday following fresh U.S. sanctions on Iran and a larger-than-expected drop in U.S. crude inventories. Market sentiment was also lifted after President Donald Trump...

Asian Markets Rally on Hopes of Eased U.S.-China Tariffs

Apr 23, 2025 03:09 am UTC| Economy

Asian stocks surged on Wednesday, buoyed by Wall Street gains after U.S. President Donald Trump suggested potential reductions in trade tariffs against China. His remarks sparked investor optimism, despite lingering...

Japan Stock Market Nears Bottom, BofA Sees Recovery by Late 2025

Apr 23, 2025 03:03 am UTC| Economy

Japans stock market is nearing a bottom and may begin a slow recovery in the second half of 2025, according to a note from Bank of America (BofA). Despite short-term volatility caused by U.S. tariff negotiations and...

441 442 443 444 445 446 447 448 449 450

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...