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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jun 23, 2026 04:29 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

JGBs gain from short-covering on hovering nuclear war tensions ahead of long weekend

Aug 10, 2017 05:45 am UTC| Commentary Economy

The Japanese government bonds gained Thursday after investors covered previous short positions on growing geo-political tension between the US and North Korea over a possible nuclear war ahead of a long weekend in...

Australian bonds slide tracking U.S. counterpart post weak demand at 10-year auction

Aug 10, 2017 04:01 am UTC| Commentary Economy

The Australian bonds slid Thursday, tracking weakness in the U.S. Treasuries after the overnight 10-year note auction was welcomed with weak demand. Markets will now look forward to the Reserve Bank of Australia (RBA)...

Global economic growth slows slightly at start of Q3 – PMI surveys

Aug 09, 2017 23:04 pm UTC| Commentary Economy

The beginning of the third quarter witnessed a slight easing of global economic growth, showed the PMI surveys. However, the rate of growth continued to be strong. Survey indicators such as new orders and hiring imply the...

UK gilts surge on rising geo-political tensions; investors eye June manufacturing production

Aug 09, 2017 11:18 am UTC| Commentary Economy

The UK gilts surged Wednesday after tensions mounted over the Korean Peninsula, raising worries of a nuclear attack on the US, as is threatened by North Korea, including targeting the US Pacific island territory of Guam,...

BRL likely to weaken over the course of the year, says Commerzbank

Aug 09, 2017 10:47 am UTC| Commentary Economy

Inflation is likely to have eased further In July; expectations are for 2.7 percent. That would mean inflation would drop to below the central banks target corridor (3-6 percent). As a result the door is open for further...

Eurozone periphery bonds jump on safe-haven demand after N. Korea threatens nuclear war with the U.S.

Aug 09, 2017 09:52 am UTC| Commentary Economy

The Eurozone periphery bonds jumped in mid-European trading session Wednesday after investors flocked safe-haven instruments, following threats by North Korea that it will launch nuclear attacks on the U.S. after the US...

Australia witnesses modest uptick in investor finances in June

Aug 09, 2017 08:44 am UTC| Commentary Economy

The notable feature of the June housing finance data was the bounce in investor financing, up 1.6 percent m/m in value terms. This is the biggest increase in investor financing since January. A marked acceleration of...

2901 2902 2903 2904 2905 2906 2907 2908 2909 2910

Economy

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...

Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures

Japans manufacturing sector maintained strong momentum in June, supported by the fastest rise in new orders in more than four years, even as businesses continued to face mounting cost pressures linked to the ongoing Iran...

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...