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

Become a contributor

Bookmark Econotimes

Economy

Sat, Jun 20, 2026 05:16 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions

Jun 04, 2026 08:27 am UTC| Central Banks Economy

The Bank of Japan (BOJ) is widely expected to raise interest rates at its June 16 policy meeting, unless a major escalation in the Middle East conflict triggers severe market disruption, according to sources familiar with...

US Dollar Holds Near Two-Month High as Fed Rate Outlook and Middle East Tensions Boost Demand

Jun 04, 2026 08:26 am UTC| Economy

The U.S. dollar remained close to a two-month high on Thursday after posting strong gains in the previous session, supported by escalating geopolitical tensions in the Middle East and growing expectations that the Federal...

Australia Passes Major Tax Reform Bill to Boost Housing Affordability and Cut Taxes for Workers

Jun 04, 2026 04:47 am UTC| Economy Politics

Australias House of Representatives has approved a landmark tax reform bill that represents the governments most significant overhaul of the tax system in decades. The legislation, designed to improve housing affordability...

Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence

Jun 04, 2026 04:43 am UTC| Politics Economy Central Banks

Indonesias parliament has approved a sweeping new law that expands the role of Bank Indonesia in supporting economic growth while granting lawmakers greater authority to evaluate the countrys independent financial...

Asian Currencies Stabilize as U.S. Dollar Remains Strong Ahead of Key Jobs Data

Jun 04, 2026 04:41 am UTC| Economy

Asian currencies steadied on Thursday after experiencing significant losses in the previous session, as the U.S. dollar remained close to a two-month high. Investors continued to monitor escalating Middle East tensions and...

Australia Trade Surplus Jumps in April as Iron Ore and Coal Exports Surge

Jun 04, 2026 04:03 am UTC| Economy

Australias trade surplus rebounded strongly in April 2026, supported by a sharp increase in exports of iron ore, coal, and mineral resources. According to data released by the Australian Bureau of Statistics (ABS) on...

Gold Prices Rebound as Traders Weigh Middle East Tensions and Key U.S. Jobs Data

Jun 04, 2026 03:59 am UTC| Economy

Gold prices edged higher during Asian trading on Thursday, recovering some losses from the previous session as investors assessed ongoing geopolitical risks in the Middle East and awaited crucial U.S. labor market data...

21 22 23 24 25 26 27 28 29 30

Economy

Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry

Canada has introduced a temporary 10% tariff on certain canned vegetable imports as part of efforts to protect domestic growers and food processing companies from increasing foreign competition. According to a statement...

Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth

Italy has emerged as one of the strongest-performing major economies in the Eurozone, driven largely by robust investment spending and government-backed stimulus programs, according to a recent UBS research report. Since...

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Politics

U.S.-Iran Talks Resume in Switzerland as Lebanon Ceasefire Boosts Hopes for Lasting Deal

U.S. Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi are expected to travel to Switzerland for renewed diplomatic talks, signaling fresh momentum toward a broader U.S.-Iran agreement after a...

Bolivia Nears End to 50-Day Crisis After Government Reaches Deal With Workers

Bolivian President Rodrigo Paz has reached a key agreement with the Bolivian Workers Confederation (COB), marking a significant step toward ending a nationwide crisis that has disrupted the country for nearly 50 days. The...

Marco Rubio to Visit Gulf Nations for Key Middle East Talks

U.S. Secretary of State Marco Rubio is expected to travel to the Middle East next week, with planned visits to Kuwait, the United Arab Emirates (UAE), and Bahrain, according to a report from Axios citing multiple sources...

Trump Inspects Upgraded Qatar-Gifted Boeing 747 as Interim Air Force One Nears Service

President Donald Trump toured an upgraded Boeing 747 at Joint Base Andrews in Maryland on Friday as the aircraft moves closer to entering service as part of the Air Force One fleet. The luxury jet, originally gifted by...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

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

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...