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

Become a contributor

Bookmark Econotimes

Business

Fri, Jul 03, 2026 05:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

South Korea may impose tax on NFT and DeFi investors

Nov 02, 2021 09:22 am UTC| Business Digital Currency

NFT and DeFi investors in South Korea may soon be taxed as the country may include digital assets under the anti-money laundering bill. Experts in this field think that as cryptocurrencies and other forms of digital...

Burger King, Robinhood join forces for crypto giveaway bonanza of Bitcoin, Ethereum, Dogecoin

Nov 02, 2021 09:17 am UTC| Business Digital Currency

Burger King revealed on Monday, Nov. 1, that it has partnered with Robinhood, a financial services company, to carry out its latest offering for its loyal customers. The fast-food giant will be giving away cryptocurrencies...

Amazon seeking approval to launch its own internet satellites in 2022

Nov 02, 2021 07:21 am UTC| Business Economy

Amazon is planning to launch and operate its own internet satellites next year, and it has already asked the U.S. Federal Communications Commission for approval. The e-commerce and tech company is applying for two...

Ubisoft to invests in crypto and develop play-to-earn NFT games

Nov 02, 2021 06:31 am UTC| Business Digital Currency

Ubisoft, the French video game company, headquartered in Montreuil, Paris, revealed its plans to invest in blockchain and create NFT games. It discussed its crypto plans during its earnings call this week. To set its...

KT Telecom is paying ₩35 to ₩40 billion for massive network outage

Nov 02, 2021 06:25 am UTC| Business Economy

KT Telecom is set to pay its subscribers as compensation for the massive network outage last week. The company will have to shell out from ₩35 to ₩40 billion or $29 to $33 million for this issue. As per The Korea...

Global Travel Influencer Leaders YKONE, Creating New Travel Pathways in Miami

Nov 02, 2021 00:57 am UTC| Business

Having launched in Paris in 2008, YKONE is a global leader in influencer marketing and has supported world-class brands, such as Gucci and Nespresso. In recent years, YKONE has expanded to the travel vertical, bringing...

Popeyes announces expansion of its fast-food chain to Romania

Nov 01, 2021 10:02 am UTC| Business Economy

Popeyes is expanding and bringing its brand of Louisiana fried chicken to Romania. The fast-food company inked a deal with Sterling Cruise, a food and beverage operations and management company, to launch the brand in the...

2601 2602 2603 2604 2605 2606 2607 2608 2609 2610

Economy

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears

Gold prices stabilized on Friday as weaker-than-expected U.S. nonfarm payrolls data eased concerns over additional Federal Reserve interest rate hikes, helping bullion recover after recently falling to an eight-month low....

China Services PMI Beats Forecasts as Strong Demand Supports June Growth

Chinas services sector expanded at a faster-than-expected pace in June, highlighting the resilience of the countrys economy despite ongoing challenges in domestic consumption. A private business survey released on Friday...

Politics

Air Force Investigates Officer After Capitol Protest Calling for Trump, Vance Impeachment

The U.S. Air Force has launched an investigation into an active-duty officer who publicly called for the impeachment of President Donald Trump and Vice President JD Vance during a protest outside the U.S. Capitol, drawing...

Venezuela Interim President Defends Earthquake Response as Death Toll Climbs

Venezuelas Interim President Delcy Rodriguez on Thursday strongly defended her governments response to the devastating earthquakes that struck the countrys northern coast, rejecting accusations that officials reacted too...

Taiwan Simulates Chinese Blockade and Invasion in Major Civil Defense Drill

Taiwan has stepped up its civil defense and military preparedness with one of its most comprehensive resilience exercises, simulating a Chinese blockade, cyberattacks, disinformation, infrastructure sabotage, a major...

US Appeals Court Limits ICE Detention Without Bond Hearings After 90 Days

A U.S. federal appeals court ruled that Immigration and Customs Enforcement (ICE) cannot detain migrants for more than 90 days without giving them an opportunity to seek release through a bond hearing, dealing a setback to...

Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence

Moodys believes Perus President-elect Keiko Fujimori is well-positioned to strengthen investor confidence by maintaining economic policy continuity and protecting the countrys key institutions. According to the ratings...

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

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...