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

Become a contributor

Bookmark Econotimes

Economy

Tue, Mar 31, 2026 04:55 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

China Keeps Loan Prime Rate Unchanged as Focus Shifts to Fiscal Stimulus

Mar 20, 2025 05:09 am UTC| Economy Central Banks

The Peoples Bank of China (PBOC) held its benchmark loan prime rate (LPR) steady on Thursday, aligning with market expectations as Beijing prioritizes fiscal measures over monetary easing to boost economic growth. The...

Bank of England Likely to Hold Interest Rates Amid Inflation and Global Uncertainty

Mar 20, 2025 05:09 am UTC| Economy Central Banks

The Bank of England (BoE) is expected to keep its benchmark interest rate at 4.5% on Thursday as it assesses economic risks from U.S. trade tariffs and the UKs upcoming tax hike for employers. Despite inflation remaining...

Trump’s China Ship Fees Disrupt U.S. Exports, Triggering Economic Concerns

Mar 20, 2025 05:08 am UTC| Economy Politics

President Donald Trumps proposed port fees on China-made ships and vessels linked to Chinese fleets are causing major disruptions in U.S. exports, particularly in agriculture, energy, and coal industries. The plan, which...

Stock Market Surges as Fed Holds Rates, Tesla and Boeing Lead Gains

Mar 20, 2025 05:08 am UTC| Economy

The SP 500 surged 1.1% on Wednesday after the Federal Reserve left interest rates unchanged and maintained its forecast for two rate cuts in 2024, despite acknowledging persistent inflation. The Dow Jones rose 383 points...

Fed Holds Rates Steady Amid Economic Uncertainty and Tariff Concerns

Mar 20, 2025 04:02 am UTC| Economy Politics

Federal Reserve Chair Jerome Powell signaled that U.S. economic growth could slow while inflation rises, citing the impact of President Donald Trumps import tariffs. Following the Feds decision to keep its benchmark rate...

Asian Stocks Mixed as China’s Rally Stalls, Japan Gains on BOJ Outlook

Mar 19, 2025 08:50 am UTC| Economy

Asian stocks traded in a tight range Wednesday as Chinas markets pulled back after a stimulus-driven rally, while Japans Nikkei 225 and TOPIX advanced 0.7% and 0.8%, respectively, ahead of the Bank of Japans (BOJ) rate...

BOJ to Hold Rates Steady Amid Trump’s Tariff Uncertainty

Mar 19, 2025 08:48 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is set to keep interest rates unchanged on Wednesday, closely monitoring the impact of U.S. tariff policies on Japans export-driven economy. Rising global uncertainty from President Donald Trumps...

481 482 483 484 485 486 487 488 489 490

Economy

Asian Stocks Mixed in March 2026 Amid Iran War Fears and Tech Selloff

Asian equity markets closed out March 2026 on shaky ground, with most regional indexes posting significant monthly losses as the ongoing U.S.-Israel war on Iran rattled investor confidence and disrupted energy markets. A...

South Korea's $17.3 Billion Emergency Budget Targets Oil Price Surge

South Korea unveiled a sweeping supplementary budget worth $17.3 billion on Tuesday, aimed at shielding consumers and businesses from the economic fallout of a rapidly escalating conflict in the Middle East. The emergency...

China Manufacturing PMI Hits 12-Month High Amid Energy Price Concerns

Chinas factory sector expanded at its strongest pace in a year during March, offering a boost to an economy navigating global supply chain challenges and volatile energy markets. The official manufacturing Purchasing...

Dollar Surges to Nine-Month High as Middle East Tensions Drive Safe-Haven Demand

The U.S. dollar climbed to its strongest level since May last year on Monday, buoyed by growing geopolitical uncertainty in the Middle East. The U.S. Dollar Index, which measures the greenback against six major currencies,...

U.S. Stock Futures Surge After WSJ Report on Trump's Iran War Exit Strategy

U.S. stock index futures climbed sharply Monday evening, erasing earlier losses after the Wall Street Journal reported that President Donald Trump is weighing an end to the Iran conflict even if the Strait of Hormuz...

Politics

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

WTO Ministerial Collapse Leaves Global Digital Trade Rules in Limbo

Four days of high-stakes trade negotiations in Yaoundé, Cameroon ended in deadlock during the early hours of Monday, as World Trade Organization member states failed to agree on a reform agenda or renew a...

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...