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

Become a contributor

Bookmark Econotimes

Business

Wed, Apr 29, 2026 09:58 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

S. Korea's exports jump 45.6%, recovers for 7th straight month in May

Jun 01, 2021 23:44 pm UTC| Economy Business

South Koreas exports jumped 45.6 percent on year in May to US$50.7 billion due to strong demand for chips amid the global economic recovery, to extend its gains to a seventh consecutive month. Outbound shipments came to...

CJ ENM aiming to become Asia’s Marvel Studios with $4.5 billion investment

Jun 01, 2021 10:03 am UTC| Business Economy

CJ ENM is one of the major entertainment companies in South Korea. Last week, it was reported that it is aiming to conquer a bigger market share by expanding outside of the country and targeting the world stage. CJ ENMs...

Qantas Airways announces a year of unlimited flights incentive for COVID-19 vaccinated passengers

Jun 01, 2021 09:32 am UTC| Business Economy

Qantas Airways Limited, the flagship carrier of Australia, is helping promote COVID-19 vaccination by announcing unlimited free flights for a year as an incentive for passengers who have been vaccinated already. Major...

Unilever, ENOUGH sign deal for plant-based protein food innovations

Jun 01, 2021 09:31 am UTC| Business Economy

Unilever teams up with ENOUGH, formerly known as 3F BIO, for plant-based protein innovations. The British multinational consumer goods company based in London announced last week that it will collaborate with the said...

Korean Air wins Thailand’s approval for Asiana acquisition

Jun 01, 2021 08:44 am UTC| Business Economy

Korean Air, the biggest airline in South Korea, revealed on Monday, May 31, that it has earned another approval from two more countries over its acquisition of Asiana Airlines, a smaller local carrier. This means that it...

Ford Korea called out for false marketing claim, FTC ordered automaker to correct the information

Jun 01, 2021 08:14 am UTC| Business Economy

Ford Koreas sales and service division was called out by the countrys Fair Trade Commission for stating that one of its vehicle models has a rear braking support system when there is none. The S. Korean trade watchdog said...

Nestle: Documents allegedly show its products are unhealthy

Jun 01, 2021 07:56 am UTC| Business Economy

Nestle is updating its health and nutrition strategy after it was reported that some of its food and beverages are unhealthy. This is sort of damage control after the Financial Times stated that an internal document showed...

2761 2762 2763 2764 2765 2766 2767 2768 2769 2770

Economy

Asian Markets Mixed as Fed Decision, Iran Tensions, and Inflation Data Weigh on Sentiment

Asian stock markets showed mixed performance on Wednesday as investors remained cautious ahead of the U.S. Federal Reserves policy decision and ongoing geopolitical tensions between the United States and Iran. Market...

Trump Signals Prolonged Blockade Strategy Against Iran Amid Rising Tensions

U.S. President Donald Trump has reportedly directed his advisers to prepare for a long-term blockade of Iran, marking a strategic shift toward sustained economic pressure as Washington evaluates its next moves in the...

Australia Inflation Surges in March as Fuel Prices Spike Amid Middle East Conflict

Australias consumer price index (CPI) rose sharply in March, driven largely by higher fuel costs linked to geopolitical tensions in the Middle East. According to data released by the Australian Bureau of Statistics (ABS),...

Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets

Gold prices dropped sharply on Tuesday, reaching their lowest level in nearly a month as a stronger U.S. dollar and rising oil prices weighed on investor sentiment. Spot gold declined 1.8% to $4,597.06 per ounce, while...

Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns

Oil prices edged lower on Wednesday after reaching a three-week high, as global markets reacted to the United Arab Emirates decision to exit the OPEC alliance. Despite the dip, continued geopolitical tensions surrounding...

Politics

King Charles Reaffirms UK-US Alliance Amid Global Tensions

King Charles III delivered a historic speech to the U.S. Congress, emphasizing the enduring strength of the UK-US alliance during a period marked by geopolitical uncertainty and strained relations. Addressing lawmakers,...

White House Defends Trump’s FIFA Peace Prize Amid Global Criticism

The White House has strongly defended the decision to award U.S. President Donald Trump the inaugural FIFA Peace Prize, pushing back against growing criticism from human rights organizations, athletes, and international...

Trump Meets King Charles: “Two Kings” Moment Sparks Debate on Presidential Power

U.S. President Donald Trump drew attention during a White House event welcoming King Charles and Queen Camilla, making remarks that blended history, symbolism, and political messaging. Reflecting on the shared heritage of...

U.S. Envoy Julie Davis to Retire Amid Ukraine War Diplomacy Challenges

Acting U.S. Ambassador to Ukraine Julie Davis is set to step down from her role in Kyiv and retire from the State Department in June 2026, according to U.S. officials. Her departure comes at a critical moment, as...

Trump-Iran Conflict Escalates as Nuclear Talks Stall and Oil Prices Surge

Efforts to resolve the ongoing Iran conflict have reached a critical deadlock, with U.S. President Donald Trump rejecting Tehrans latest proposal aimed at ending the two-month war. The geopolitical tensions between the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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...

Technology

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....

T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth

T-Mobile US Inc. (NASDAQ: TMUS) delivered a strong first-quarter performance, surpassing analyst expectations thanks to robust postpaid subscriber growth and rising service revenues. The wireless carrier reported adjusted...

Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook

Seagate Technology PLC (NASDAQ: STX) delivered impressive third-quarter results that surpassed Wall Street expectations, driving a sharp rise in its stock price. The data storage leader reported adjusted earnings per share...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...