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

Become a contributor

Bookmark Econotimes

Business

Tue, Feb 17, 2026 01:18 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Metaverse: HSBC launches metaverse fund for banking clients in Asia

Apr 07, 2022 10:31 am UTC| Business Digital Currency Investing

HSBC Holdings just introduced its metaverse fund for its Asian clients. Based on the report, this new portfolio was also created to entice its wealthy clients in Asia. According to Reuters, HSBC launched the virtual...

Digital Currency Revolution

'Axie Infinity' publisher Sky Mavis fulfills vow to reimburse hacked funds by raising $150M funds led by Binance

Apr 07, 2022 10:20 am UTC| Business Digital Currency Investing

Axie Infinity developer and publisher, Sky Mavis, announced on Wednesday, April 6, that it was able to raise funds to fulfill its promise of reimbursing the players who lost their funds due to the recent $625 million hack....

Digital Currency Revolution

Metaverse: Hyundai Motor inks investment deal with Netmarble F&C’s Metaverse Entertainment

Apr 07, 2022 10:13 am UTC| Business Investing Digital Currency

Hyundai Motor Group is investing in Netmarble FCs subsidiary, Metaverse Entertainment. It was reported that the automaker is putting in ₩2 billion or $1.6 million into the company to help fund its virtual human...

Kakao reportedly struggling to acquire SM Entertainment due to Lee Soo Man’s alleged high demands

Apr 07, 2022 05:28 am UTC| Business Economy

Kakao is the leading candidate to acquire SM Entertainment, but it was reported that it is having trouble with its attempt to buy it because Lee Soo Man, SMEs founder, continues to make demands. According to The Korea...

Nike unveils eco-friendly Pegasus Turbo Next Nature sneaker

Apr 06, 2022 23:49 pm UTC| Nature Economy Business Sports

Nike is coming up with its Pegasus Turbo Next Nature as part of its ongoing commitment to creating more sustainable products. The Nike Pegasus Turbo Next Nature, a performance running shoe, designed with sustainability...

S. Korea to kickstart carbon-free agri project

Apr 06, 2022 23:45 pm UTC| Nature Economy Business

South Koreas Rural Development Administration will launch a pilot project to promote agricultural technology for low-carbon crop growing in ten places around the country this year. The pilot project, part of the...

Digital Currency Revolution

Big3 basketball league plans $66m blockchain, NFT ownership sale

Apr 06, 2022 23:41 pm UTC| Sports Business Digital Currency Investing

Big3 co-founders Ice Cube and Jeff Kwatinetz plans to sell stakes in its 12 teams as digital assets bringing in up to $66 million. Each team of the three-on-three basketball league will have 1,000 tokens available in...

2201 2202 2203 2204 2205 2206 2207 2208 2209 2210

Economy

Japan Bond Issuance Set to Surge 28% by 2029 Amid Rising Debt Costs

Japan is projected to face a sharp increase in government bond issuance over the next three years as rising debt-financing costs strain public finances, according to a finance ministry estimate reviewed by Reuters. The...

Asian Currencies Slip as Dollar Strengthens Ahead of Key U.S. Economic Data

Most Asian currencies weakened on Tuesday as Lunar New Year holidays across major regional markets led to thin trading volumes, while the U.S. dollar edged higher ahead of crucial economic data releases. With China, Hong...

Oil Prices Steady as Iran Strait of Hormuz Drills Heighten Supply Concerns Ahead of U.S. Nuclear Talks

Oil prices remained steady on Tuesday as investors monitored rising geopolitical tensions following Irans naval drills near the Strait of Hormuz, a critical global oil transit route. The military exercises took place just...

Dollar Holds Firm as Fed Rate Cut Expectations and Global Data Drive Currency Markets

The U.S. dollar held onto recent gains Tuesday as investors looked ahead to key signals from the Federal Reserve that could clarify the timing of anticipated interest rate cuts. Currency markets remained relatively quiet...

U.S. Stock Futures Steady as Investors Await Fed Minutes and Key Economic Data

U.S. stock index futures traded little changed on Monday evening as investors prepared for a week packed with major economic data releases and Federal Reserve commentary that could shape the outlook for interest rates....

Politics

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

U.S. President Donald Trump said he will be indirectly involved in high-stakes nuclear talks between the United States and Iran scheduled for Tuesday in Geneva, expressing cautious optimism that Tehran is ready to...

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

Ukraine-Russia Peace Talks in Geneva Focus on Land Disputes and Donetsk Control

Representatives from Ukraine and Russia are set to meet in Geneva on Tuesday and Wednesday for a new round of U.S.-mediated peace talks aimed at ending Europes largest conflict since World War II. The Kremlin has indicated...

Israel Approves West Bank Land Registration Plan, Palestinians Warn of ‘De-Facto Annexation’

Israels cabinet has approved new measures aimed at strengthening its control over the occupied West Bank, including a landmark decision to begin formal land registration in the territory for the first time since 1967. The...

Australia Refuses Repatriation of Citizens Held in Syrian ISIS Camp

Australian Prime Minister Anthony Albanese has confirmed that the government will not repatriate Australians currently detained in a Syrian camp housing families of suspected Islamic State (ISIS) militants. Speaking to ABC...

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi

Top executives from leading global AI companies are gathering in New Delhi this week alongside world leaders for the India AI Impact Summit 2026, as India accelerates efforts to attract artificial intelligence investment...

Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok

Irelands Data Protection Commission (DPC) has opened a formal investigation into Xs AI chatbot, Grok, over concerns about personal data processing and the generation of harmful sexualised images, including manipulated...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...