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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Jul 23, 2026 01:06 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/JPY slips as safe-haven yen benefits from Trump’s conflicting trade policies

Apr 10, 2025 07:00 am UTC| Technicals

USD/JPY declined on Thursday as traders sought safe-haven assets like the yen after Trump escalated the trade war with China while pausing tariffs for 90 days on other countries. In a surprising move, Trump announced...

FxWirePro: USD/CNY moves up initially, but eases as investors assess U.S.-China escalating trade risks

Apr 10, 2025 06:18 am UTC| Technicals

USD/CNY initially rose but gave up some ground as investors reacted to intensifying Sino-US trade tensions. U.S. President Donald Trump escalated the trade war with China on Wednesday, even as he reversed course on...

FxWirePro: AUD/USD rises sharply following trump's tariff pause

Apr 10, 2025 05:35 am UTC| Technicals

AUD/USD rose on Thursday as risk sensitive Australian dollar surged following Trumps unexpected respite from the hefty reciprocal tariff. Trump kept a baseline 10% tariff while escalating the trade war with China by...

FxWirePro- Woodies Pivot (Major)

Apr 10, 2025 05:34 am UTC| Technicals

Woodies Pivot...

FxWirePro: GBP/NZD drops as trade tensions ease after tariff pause

Apr 10, 2025 01:14 am UTC| Technicals

GBP/NZD slipped sharply lower as worries about the economic impact of U.S. tariffs receded after President Donald Trump declared an immediate 90-day tariff pause for many countries. In a dramatic turnaround, Trump...

FxWirePro: EUR/NZD set for increasing upside potential, 1.9600 beckons

Apr 10, 2025 01:04 am UTC| Technicals

EUR/NZD slipped lower sharply as investors cheered a sudden reversal by the U.S. on tariffs. Trump moved to temporarily ease new tariffs just under a day after they began, even as he sharply increased duties on...

FxWirePro: EUR/CAD steadies after new trade barriers from China and EU

Apr 09, 2025 16:29 pm UTC| Technicals

EUR/CAD steadied on Wednesday after China and the European Union slapped new trade barriers on U.S. goods, stoking worries that an intensifying trade war. European Union countries are set to approve their first...

911 912 913 914 915 916 917 918 919 920

Economy

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth

South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street

U.S. stocks ended mixed on Wednesday as investors turned cautious ahead of key earnings from major technology companies while rising oil prices and escalating tensions in the Middle East added to inflation concerns. The...

US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand

The U.S. dollar edged lower on Wednesday after reaching its strongest level in more than a week, but persistent geopolitical risks and surging oil prices continued to support demand for the greenback. Investors remained...

Gold Price Climbs Above $4,130 as Middle East Tensions Boost Safe-Haven Demand

Gold prices climbed to their highest level in more than two weeks on Wednesday as investors returned to the precious metal amid escalating geopolitical tensions in the Middle East and continued support above the key...

Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand

Gold prices extended their rally on Wednesday, climbing above the key $4,100-an-ounce level as investors sought safe-haven assets amid escalating Middle East tensions and growing concerns over global energy supplies....

Politics

US Investigates Moonshot Over Alleged Use of Advanced AI Chips and IP Theft

The U.S. Bureau of Industry and Security (BIS) has launched an investigation into whether Chinese artificial intelligence companies, including Moonshot AI, have gained access to advanced U.S. AI chips in violation of U.S....

Rubio Urges Global Isolation of Nicaragua After Ortega Vows to End Elections

U.S. Secretary of State Marco Rubio has urged the international community to increase pressure on Nicaragua after President Daniel Ortega announced that the country would no longer hold elections, a move that has drawn...

US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds

Around 77,000 fewer children worldwide received HIV treatment supported by the United States in the fiscal year ending October 2025 compared with the previous year, according to research presented at the AIDS 2026...

US, Solomon Islands Deepen Ties as Peace Corps Set to Return After 25 Years

The United States is strengthening its relationship with the Solomon Islands by reviving the Peace Corps program and expanding development assistance, signaling Washingtons continued focus on the strategically important...

US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan

The United States has launched the first humanitarian aid flight to Cuba under a newly announced $100 million assistance initiative, marking a significant step in Washingtons effort to provide direct relief to the Cuban...

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

Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook

Alphabet (NASDAQ: GOOGL) delivered stronger-than-expected second-quarter 2026 results, driven by rapid growth in Google Cloud and continued investment in artificial intelligence infrastructure. Despite beating Wall Street...

Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call

The possibility of a merger between Tesla (NASDAQ: TSLA) and SpaceX gained fresh attention after Teslas second-quarter earnings call, with Deepwater Managements Gene Munster increasing the odds of a deal taking place in...

IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness

International Business Machines (NYSE: IBM) reported second-quarter 2026 earnings that missed Wall Street expectations, although its shares gained about 3% after the company had already warned investors about weaker...

OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails

OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.

Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...