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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jan 13, 2026 04:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

US warns UK about security threats of dealing with Huawei

Jun 28, 2020 15:51 pm UTC| Economy

The US State Department warned the UK about the long-term impact of doing business with Huawei after a local council approved the latters $1.24 billion chip research and manufacturing facility in Cambridgeshire. Less...

China's imports of Saudi oil surge 95% in May

Jun 28, 2020 15:48 pm UTC| Economy

China posted an all-time high importation of crude oil from Saudi Arabia, surging 95 percent in May from last year as refineries took advantage of the low prices while trying to meet increased demand. Arrivals from...

FxWirePro: Loonie’s Outlook In Between Optimism And Headwinds – Quick Glance Quick Run Through On USD/CAD FX Derivates Trades

Jun 26, 2020 11:40 am UTC| Research & Analysis Economy Insights & Views

USDCAD has fallen a sizable 4% since our last publication, but this is reflective entirely of the broad dollars anti-cyclical properties and negative beta to risk, and is not indicative of outright CAD outperformance. CAD...

Government unveils $250 million for 'creative economy'

Jun 26, 2020 07:20 am UTC| Economy

he Morrison government has announced a $250 million package for the entertainment, arts and screen sectors, which have been particularly hard hit by the COVID-19 crisis. The grants and loans will be rolled out over the...

Economic policies can induce people to quarantine safely during the pandemic

Jun 26, 2020 06:58 am UTC| Economy

Recent economic proposals to deal with COVID-19, like those summarized by UC Berkeley economist Pierre Olivier Gourinchas, have focused on compensating households and businesses for income losses due to lockdowns and other...

S. Korea and EU expand air routes in revised aviation pact

Jun 25, 2020 23:52 pm UTC| Economy

South Korea and 22 European Union (EU) countries have revised the horizontal aviation pact to include expansion of their air routes, the transport and foreign ministries announced. The agreement includes seeking...

Indian exporters raise over retaliation by China on consignment delay

Jun 25, 2020 15:55 pm UTC| Economy

Indian exporters have raised concerns over consignments being delayed by Hong Kong and Chinese customs in retaliation to a similar action by Indian authorities at Chennai port, says the Federation of Indian Export...

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Economy

Trump Administration Faces Backlash Over Criminal Probe Into Fed Chair Jerome Powell

The Trump administrations decision to launch a criminal investigation into Federal Reserve Chair Jerome Powell has triggered strong criticism from former central bank leaders, Republican lawmakers, and global financial...

Asian Stocks Rise as Tech Rally and Japan Election Speculation Lift Markets

Asian stock markets advanced on Tuesday, led by strong gains in technology shares as optimism around artificial intelligence continued to drive investor sentiment. Japans Nikkei 225 index was the standout performer,...

Oil Prices Climb for Fourth Session as Iran Unrest and Supply Risks Fuel Market Fears

Oil prices continued to rise during Asian trading on Tuesday, extending gains for a fourth consecutive session as mounting geopolitical tensions and global supply disruption risks lifted market sentiment. Brent crude and...

Australian Consumer Confidence Falls Further as Rate and Job Worries Grow

Australian consumer confidence weakened further in January, slipping deeper into pessimistic territory as households became increasingly uneasy about interest rates, employment prospects, and the short-term economic...

Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing

South Koreas central bank is widely expected to keep its key interest rate unchanged at 2.50% at its upcoming policy meeting, as a weakening Korean won and lingering inflation pressures reduce room for further monetary...

Politics

Trump Administration Weighs Diplomacy and Military Options as Iran Nuclear Tensions Rise

Senior officials in President Donald Trumps administration are reportedly debating how best to respond to escalating tensions with Iran, as questions grow over Tehrans nuclear program and the possibility of U.S. military...

NYC Nurses Strike Shuts Down 10 Private Hospitals as 15,000 Demand Safer Staffing and Benefits

Thousands of New York City nurses walked off the job on Monday, launching a major nurses strike across 10 private hospitals to demand better staffing levels, stronger healthcare benefits, and protection from workplace...

AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration

AbbVie has announced a major agreement with the U.S. government that could reshape drug pricing and pharmaceutical investment in the country. The company said it has entered into a three-year deal with President Donald...

Trump Warns of New Tariffs as Iran Protests Escalate and U.S.-Iran Tensions Rise

Tehran said it is keeping communication channels open with Washington as U.S. President Donald Trump weighs how to respond to Irans violent crackdown on nationwide protests, one of the most serious challenges to clerical...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

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

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...

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...