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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jun 23, 2026 05:33 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Danish economic growth remains on strong ground, economy likely to grow 2.5 pct in 2017

Aug 31, 2017 22:45 pm UTC| Commentary Economy

Denmarks economic upturn continues to be on strong ground. The Danish economy grew 0.6 percent sequentially in the second quarter. Public spending mainly drove the economic growth, as private consumption took a pause...

Danish economic growth remains on strong ground, economy likely to grow 2.5 pct in 2017

Aug 31, 2017 22:45 pm UTC| Commentary Economy

How vanishing debt costs helped the UK forget about a never-ending deficit

Aug 31, 2017 14:53 pm UTC| Insights & Views Economy

When the UK government found 1 billion to for Northern Ireland to secure Democratic Unionist parliamentary support, critics accused it of turning to the same magic money tree it had previously mocked others for believing...

US personal consumption expenditure preview

Aug 31, 2017 11:42 am UTC| Commentary Economy

Personal consumption, income data along with PCE price index would be released from the US at 12:30 GMT for the month of July. Why it matters? Personal consumption and income data provide information on consumer...

Strong Chinese manufacturing PMI poses upside risk to Q2 GDP, says ANZ Research

Aug 31, 2017 11:11 am UTC| Commentary Economy

Chinas Purchasing Managers Index (PMI) posted solid gains for the month of August following a rebound in new orders and as the effects of unfavorable weather conditions in previous months faded away. The product and new...

U.S. Treasuries tad lower as investors await initial jobless claims, August employment report

Aug 31, 2017 10:54 am UTC| Commentary Economy

The U.S. Treasuries steadied as investors wait to watch the countrys initial jobless claims, scheduled to be released today by 12:30GMT. The yield on the benchmark 10-year Treasury hovered around 2.15 percent, the...

USD/CAD likely to hold support at 1.24 for some time, says Commerzbank

Aug 31, 2017 10:21 am UTC| Commentary Economy

The USD/CAD currency pair is expected to hold on to its support at 1.24 level for quite some time now, given the fact that Canada is showing good signs of growth. Moreover the CAD has appreciated by almost 10 percent...

2881 2882 2883 2884 2885 2886 2887 2888 2889 2890

Economy

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline

Asian stock markets mostly moved lower on Tuesday as investors locked in profits following a strong artificial intelligence-driven rally that had pushed several regional indexes to record highs. The pullback was led by...

New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum

New Zealand is accelerating the development of major gold mining projects and attracting new mining investment as record-high gold prices breathe life into a sector that has struggled for years. The governments push to...

Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns

The Japanese yen hovered near its weakest level in almost four decades on Tuesday, fueling speculation that Japanese authorities may once again intervene in the foreign exchange market to support the struggling currency....

Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears

Asian stock markets mostly declined on Tuesday, while oil prices recovered some losses as investors weighed easing geopolitical tensions alongside growing expectations that the U.S. Federal Reserve could adopt a more...

Politics

Russia-Ukraine War: Fresh Strikes Injure Civilians as Fuel Crisis Worsens in Russia

Six people were injured in overnight Russian air strikes across Ukraine, according to local officials, while Kyiv briefly issued an air raid alert early Tuesday, urging residents to seek shelter. The latest attacks...

DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post

The U.S. Department of Justice has launched an investigation into a New York City coffee shop after the business publicly stated it would have refused service to Representative Dan Goldman if employees had recognized him...

US Delivers $13M Autonomous Maritime Drones to Philippines

The United States has transferred four Ocean Aero Triton autonomous underwater and surface vehicles to the Philippine military in a deal valued at $13 million, according to the U.S. Embassy in the Philippines. The move...

Trump Threatens ABC News Lawsuit Over Lincoln Memorial Reflecting Pool Coverage

U.S. President Donald Trump announced Monday evening that he is preparing legal action against ABC News, accusing the network of publishing false and misleading reports regarding his administrations handling of the Lincoln...

California Court Dismisses Trump Administration Lawsuit Against Los Angeles Sanctuary Policy

A California federal court has dismissed a lawsuit filed by the Trump administration against the City of Los Angeles over its sanctuary city ordinance, marking another legal setback in the ongoing debate over immigration...

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

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...

Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom

Baseten, a California-based artificial intelligence startup co-founded by Australian entrepreneurs, has raised $1.5 billion in a new funding round, pushing its valuation to $13 billion. The deal highlights the growing wave...

Meta Pauses Employee Activity Tracking Program Over Data Security Concerns

Meta has temporarily suspended an internal employee monitoring program used to train its artificial intelligence models after concerns emerged about potential data security and privacy risks. The program, known as the...

Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates

Oracle reduced its global workforce by approximately 21,000 employees, or 13%, during fiscal 2026 as the company continued a major restructuring effort while expanding its artificial intelligence and cloud computing...

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...