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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jan 13, 2026 08:49 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

South Korea's Construction Investment Poised to Go Down by 3% in 2020

Apr 21, 2020 12:14 pm UTC| Investing Economy

Investment in South Koreas construction industry is poised to shrink by three percent this year, according to a forecast by the Korea Research Institute for Construction Policy. The think tank earlier projected a...

Korea's Exports Down by 26.9% in April 1 to 20

Apr 21, 2020 11:27 am UTC| Economy

South Koreas exports are down by 26.9 percent on-year to US$21.7 billion during the first 20 days of April, according to the Korea Customs Service. However, the average daily exports during the April 1 to 20 period is...

South Korea's Economic Contraction Expected to be Reported at 1.8%

Apr 21, 2020 11:26 am UTC| Economy

South Korea is expected to report a 1.81 percent contraction in its economy for the first quarter due to the effects of the pandemic on its industrial output, job markets, and consumer spending. The on-quarter...

Numerous Small Businesses Frustrated in Not Getting Government Loans, Says US Banks

Apr 21, 2020 04:17 am UTC| Economy Business

A couple of large US banks revealed that they could not meet the overwhelming number of requests for the paycheck protection program (PPP), which were at hundreds of thousands as of Saturday. The PPP, a scheme that...

More Asian Commodity Traders Being Denied Bank Loans Due to Perceived Risks

Apr 21, 2020 04:17 am UTC| Economy Investing

Bankers are now requiring crippling terms from commodity traders in Asia or refusing to lend to them altogether due to the perceived risks in transacting with them. Asian commodity traders are increasingly deemed as...

India to probe beneficial ownership of money from investment hubs

Apr 20, 2020 12:49 pm UTC| Investing Economy

The Securities and Exchange Board of India (SEBI) will scrutinize investment hubs such as Singapore, the Cayman Islands, Luxembourg, and Ireland, for investments originating from China and Hong Kong. Investments from...

Canada to guard against foreign takeovers during the COVID-19 pandemic

Apr 20, 2020 12:39 pm UTC| Economy Investing

Canada will scrutinize health-related foreign investments to make sure that other countries arent taking advantage of the pandemic to pursue takeovers. The companies to be examined with particular attention are those...

2031 2032 2033 2034 2035 2036 2037 2038 2039 2040

Economy

Chinese EV Stocks Surge as EU Signals Path to Avoid Import Tariffs

Shares of major Chinese electric vehicle (EV) manufacturers climbed sharply on Tuesday after the European Commission outlined conditions that could allow China-based automakers to avoid import tariffs in the European...

Asian Currencies Weaken as Yen Slides to One-Year Low Amid Oil Price Surge and U.S. Political Risks

Most Asian currencies declined on Tuesday, led by a sharp fall in the Japanese yen, as rising oil prices linked to unrest in Iran and renewed U.S. political and trade uncertainty dampened investor sentiment across the...

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...

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...