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

Become a contributor

Bookmark Econotimes

Politics

Mon, Aug 10, 2026 05:18 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

South Korea: Foreign minister Park Jin to visit Japan next week

Jul 15, 2022 07:08 am UTC| Politics

In light of recent tensions in the peninsula, the leaders of South Korea and Japan are keen to improve relations. South Korean foreign minister Park Jin is set to travel to Japan next week, according to local media in...

Russia-Ukraine conflict: 20 killed, around 50 wounded from Russian missile strike on Vinnytsia

Jul 15, 2022 06:46 am UTC| Politics

Despite Russias insistence that it does not deliberately target civilians in its war in Ukraine, the body count continues to rise following its strikes. The recent missile strike in a city in central Ukraine led to around...

Sri Lanka riots: how the tiny Indian Ocean island nation got into such a mess

Jul 14, 2022 15:35 pm UTC| Politics

The chaos in Sri Lanka has deepened after the countrys president, Gotabaya Rajapaksa, fled to the Maldives. The president and his family left Colombo on a military jet just hours before he was due to resign in the face of...

Global Geopolitics Series

Ukraine conflict: how China could follow Russia's playbook to increase its own powers

Jul 14, 2022 15:34 pm UTC| Politics

Amid the restructuring of the global order that has been accelerated by Russias invasion of Ukraine, the evolving position of China had been lost in the fog of war. The heads of the UKs security service (MI5) and US...

Global Geopolitics Series

As China flexes its muscles in the Indo-Pacific, Canada and Australia must step up

Jul 14, 2022 15:34 pm UTC| Politics

Neither Canada nor Australia currently has a comprehensive strategy for the Indo-Pacific region. But its essential that both develop one given the rapidly evolving environment in the area. First, NATO recognized the...

With Trump's role on Jan. 6 becoming clearer, and potentially criminal, GOP voters are starting to look at different options

Jul 14, 2022 15:32 pm UTC| Politics

As the Jan. 6 committee reconvened for another round of hearings, the question remains: Will the Justice Department indict former President Donald Trump for his role in the assault on the U.S. Capitol? In public...

Russia-Ukraine conflict: Turkey says grain exports deal to be signed off next week

Jul 14, 2022 10:42 am UTC| Politics

The war Russia is waging on Ukraine has also led to the obstruction of exports of Ukrainian grain. Turkey said that the agreement to resume grain exports is set to be signed off next week. Reuters reports that the deal...

1751 1752 1753 1754 1755 1756 1757 1758 1759 1760

Economy

European Stocks Flat as Oil Prices Rise, US CPI in Focus

European stocks were little changed on Monday, holding close to record highs as rising crude oil prices and continued uncertainty over Middle East shipping routes offset optimism following last weeks strong market rally....

S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom

U.S. stock futures edged higher Monday as investors weighed escalating tensions surrounding Iran and the Strait of Hormuz while preparing for crucial U.S. inflation data later this week. SP 500 futures gained about 0.1%,...

Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises

Goldman Sachs expects corporate demand for U.S. equities to remain stronger than new share supply this year, despite a significant recovery in follow-on equity issuance driven partly by artificial intelligence investment....

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Politics

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

The United States remains firmly committed to the Indo-Pacific and has no plans to withdraw from Asia, a senior Pentagon official said Monday, while urging regional allies to take greater responsibility for their own...

Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

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

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...