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

Become a contributor

Bookmark Econotimes

Insights & Views

Tue, Jun 23, 2026 11:56 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Not just the stadium: what Brisbane Olympic organisers are planning for

| Insights & Views

Brisbane was awarded the Olympics and Paralympics more than 1,300 days ago, and much has happened in between. On Tuesday, upbeat Queensland premier David Crisafulli revealed the 2032 Brisbane Olympic and Paralympic Games...

Voice of America took jazz behind the Iron Curtain. Now, its demise signals the end of US soft power

| Insights & Views

Since taking office in January, the Trump administration has adopted a heavy-handed approach to cutting any perceived wasteful spending in the US government. One of the more recent institutions targeted by Trumps team,...

We calculated how much Dutton’s excise cut would save Australians at the fuel pump. It’s a poorly targeted approach

| Insights & Views

The opposition has unveiled its response to Labors A$17 billion top-up tax cuts outlined in Tuesday nights federal budget: cheaper fuel for Australians. Opposition Leader Peter Dutton will take to the election a policy to...

How Australia’s government is spending less on consultants – and trying to rebuild the public service

| Insights & Views

The post-Covid era has been marked by a global crackdown on government spending on consultants. This phenomenon hasnt only concerned France, where the McKinsey-gate episode concerning President Emmanuel Macrons 2017...

AI robot pets can be adorable and emotionally responsive. They also raise questions about attachment and mental health

| Insights & Views

Remember Furbies the eerie, gremlin-like toys from the late 90s that gained a cult following? Now, imagine one powered by ChatGPT. Thats exactly what happened when a programmer rewired a Furby, only for it to reveal a...

Kids and the internet: how our new tool assesses children’s ‘digital maturity’

| Insights & Views

Technology is so ingrained in our lives that most children today are digital natives. Indeed, they might speak digital before they even learn a language, and digital natives are often asked to educate older digital...

Albanese to call election on Friday as Peter Dutton announces a plan to protect gas supply for Australians

| Insights & Views

Anthony Albanese is set to announce on Friday that Australians will go to the polls on May 3, after he makes an early morning visit to Governor-General Sam Mostyn. The prime minsters timing means Thursday nights budget...

3741 3742 3743 3744 3745 3746 3747 3748 3749 3750

Economy

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

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....

Politics

Lebanon Pushes Ahead With Israel Talks Despite Iran-U.S. Deal Impact

Lebanon is set to begin a new round of direct negotiations with Israel in Washington on Tuesday, despite growing concerns that recent Iran-U.S. diplomatic developments have weakened Beiruts position. Lebanese officials...

Andy Burnham Emerges as Favorite After Keir Starmer Resigns

British Prime Minister Keir Starmer announced on Monday that he is stepping down as leader of the Labour Party, paving the way for Andy Burnham to become the next prime minister of the United Kingdom. The move could bring...

Rubio Faces Gulf Skepticism Over U.S.-Iran Peace Deal

U.S. Secretary of State Marco Rubio is embarking on a critical diplomatic tour of the Gulf this week as he seeks to reassure key Arab allies about Washingtons newly signed Iran peace agreement. The visit comes amid growing...

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...

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

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

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...