Menu

Search

4 reasons why a gas-led economic recovery is a terrible, naïve idea

Aug 26, 2020 11:20 am UTC| Economy

Australias leading scientists today sent an open letter to Chief Scientist Alan Finkel, speaking out against his support for natural gas. Finkel has said natural gas plays a critical role in Australias transition to...

Government to recruit 500 more reservists in $1 billion accelerated defence spend to support jobs

Aug 26, 2020 11:17 am UTC| Politics Economy

The Morrison government is accelerating and repurposing defence spending in a A$1 billion boost to support about 4,000 jobs and assist small and medium-sized businesses in the defence industry supply chain. In several...

Why police unions are not part of the American labor movement

Aug 26, 2020 11:05 am UTC| Economy Politics

In the wake of George Floyds death at the hands of a Minneapolis police officer, news reports have suggested that police unions bear some of the responsibility for the violence perpetrated against African...

Trouble at the mall as landlords and tenants ponder mutually assured destruction

Aug 26, 2020 10:54 am UTC| Economy

This is not a bluff, Scott Evans, the chief executive of Mosaic Brands, has said of his threat to permanently close 300 to 500 stores in Australia unless landlords reduce rents. Mosiacs network of about 1,300 apparel...

Botswana unsure of extending De Beers sales deal by end-2020

Aug 26, 2020 08:57 am UTC| Economy

The Botswana government refused to guarantee a renewal of a 10-year sales agreement with diamond firm De Beers within the year due to delayed negotiation brought about by the coronavirus pandemic. According to Secretary...

Russia eyes $7 Billion investments in Suez Canal project

Aug 25, 2020 05:53 am UTC| Economy

The industrial zone that Russia is developing in the Suez Canal Economic Zone is expected to attract $7 billion in new investments, said Moscows ambassador to Egypt Georgy Borisenko. The zone will cover 5.25 square...

Taiwan demands Alibaba's Taobao re-register as Chinese firm or leave

Aug 25, 2020 01:47 am UTC| Economy

Taiwan gave Alibabas e-commerce site Taobao Taiwan six months to re-register as a Chinese investment rather than a foreign one, or leave. The investment commission of Taiwans Economics Ministry also raised concern about...

  1981 1982 1983 1984 1985 1986 1987 1988 1989 1990   

Economy

Global Smartphone Shipments Rise 2% in 2025 as Apple Leads Market, Outlook Weakens for 2026

Global smartphone shipments recorded a modest 2% year-on-year increase in 2025, signaling a gradual recovery for the mobile industry, according to a report released by Counterpoint Research. The growth was largely fueled...

Asian Currencies Hold Steady as Dollar Slips on Powell Investigation Concerns

Asian currencies traded mostly flat on Monday as the U.S. dollar weakened following news that the U.S. government had opened a criminal investigation involving Federal Reserve Chair Jerome Powell, raising fresh concerns...

Asian Stocks Edge Higher as Tech Shares Lead Gains Amid Global Uncertainty

Most Asian stock markets moved higher on Monday, led by gains in technology shares that followed a strong performance by U.S. peers, although overall advances remained limited due to rising geopolitical and macroeconomic...

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Japan Launches Deep-Sea Rare Earth Mining Mission to Reduce Reliance on China

Japan has taken a major step toward securing its supply of critical minerals by launching a groundbreaking deep-sea mining mission aimed at extracting rare earth elements from the ocean floor. A government-backed Japanese...

Politics

Marine Le Pen Appeal Puts 2027 French Presidential Race in the Balance

Marine Le Pen, the prominent leader of Frances far-right National Rally (RN), has begun a decisive appeal in Paris that could determine whether she is eligible to run in the 2027 French presidential election. The legal...

South Korea’s Lee Jae Myung Seeks Diplomatic Balance in Japan Summit Amid China Tensions

South Korean President Lee Jae Myung is set to hold a summit with Japanese Prime Minister Sanae Takaichi on Tuesday in Nara City, highlighting Seouls ongoing effort to balance relations with its two key neighbours, Japan...

Australian Arts Festival Faces Author Boycott Amid Free Speech and Antisemitism Debate

A leading Australian arts festival has been thrown into turmoil after dozens of writers withdrew in protest over the decision to bar an Australian Palestinian author following the Bondi Beach mass shooting, reigniting a...

Trump Signals Possible Veto of ACA Subsidy Extension, Raising Health Insurance Uncertainty

U.S. President Donald Trump has reignited uncertainty around the future of Affordable Care Act (ACA) health insurance subsidies after saying he may veto legislation aimed at extending federal health insurance tax credits....

South Korea Investigates Alleged Civilian Drone Flights Into North Korean Airspace

South Korean authorities have launched a formal investigation into the possibility that civilians may have flown drones into North Korean airspace, following accusations from Pyongyang that unmanned aircraft violated its...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.