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

Become a contributor

Bookmark Econotimes

Politics

Tue, Dec 30, 2025 02:19 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

NASA's head warned that China may try to claim the Moon – two space scholars explain why that's unlikely to happen

Jul 11, 2022 05:43 am UTC| Politics

NASA Administrator Bill Nelson recently expressed concerns over Chinas aims in space, and in particular, that China would, in some way, claim ownership over the Moon and stop other countries from exploring it. In an...

Shinzo Abe's killing: the history of political violence in Japan

Jul 11, 2022 05:41 am UTC| Politics

Our reaction upon hearing the news of the shooting of former prime minister Shinzo Abe was one of shock and incredulity in equal measure. What followed was a frenzy of trying to piece news reports and gossip together to...

Russia-Ukraine conflict: Tanker in Black Sea hit by Russian missiles, says Ukraine

Jul 08, 2022 10:12 am UTC| Politics

Ukraine has been under bombardment from Russia for the fourth month as the war Moscow is waging on Kyiv continues. Ukraines military reported that a Russian missile had struck a tanker carrying gas in the Black Sea. The...

MI5, FBI warn of economic espionage from China

Jul 08, 2022 09:39 am UTC| Politics

The heads of the major intelligence agencies in the United Kingdom and the United States have warned of a possible economic challenge from China. The leaders of the FBI and MI5 warn that China may carry out economic...

South Korea: Prosecutors launch investigations into two former intelligence heads accused of abuse of power

Jul 08, 2022 08:16 am UTC| Politics

This week, South Korean prosecutors opened an investigation on the conduct of former intelligence directors. The probe follows a complaint filed by the countrys intelligence agency alleging that the former directors abused...

Iran: Several foreign nationals detained for alleged spying, local media says

Jul 08, 2022 08:02 am UTC| Politics

Irans local media outlets alleged that the countrys Revolutionary Guards have detained several foreign nationals under allegations of spying. However, officials from the United Kingdom have refuted one claim that a British...

UK Prime Minister Boris Johnson resigns

Jul 08, 2022 07:47 am UTC| Politics

UK Prime Minister Boris Johnson has been facing pressure this week to step down following a large number of resignations of his ministers. Johnson on Friday bowed to the growing calls to resign as he announced his...

1391 1392 1393 1394 1395 1396 1397 1398 1399 1400

Economy

European Markets Mixed as Pound Weakens and Major Corporate Deals Emerge

European financial markets opened the week on a cautious note as investors returned after the long Christmas holiday weekend. British stocks were largely flat at Mondays open, while the pound sterling weakened against the...

Silver Prices Hit Record Highs: How Silver Is Traded and Why Demand Is Surging

Silver prices surged past $80 an ounce for the first time on Monday, driven by a powerful combination of industrial demand, investor interest, persistent supply shortages, and momentum-based trading. The rally briefly...

Gold Prices Ease After Record Highs as Dollar Firms, Broader Bullish Outlook Intact

Gold prices edged lower on Monday after reaching record highs in the previous session, as some investors opted to lock in profits and the U.S. dollar strengthened modestly. Despite the pullback, gold continues to draw...

China to Cut Import Tariffs on Key Commodities and Medical Products From Next Year

China has announced a new round of tariff adjustments set to take effect next year, signaling continued efforts to support domestic industries, enhance supply chains, and promote economic stability. According to a...

European Defense Stocks Slide as Trump Signals Progress in Ukraine-Russia Peace Talks

European defense stocks moved lower on Monday after comments from U.S. President Donald Trump suggested renewed momentum in peace negotiations between Ukraine and Russia, dampening near-term expectations for sustained...

Politics

Russia Accuses Ukraine of Drone Plot Against Putin as Peace Talks Face New Strain

Russia and Ukraine exchanged sharp accusations on Monday after Moscow claimed that Ukraine attempted to attack President Vladimir Putins residence with drones, an allegation Kyiv firmly rejected as false and provocative....

China Conducts Largest-Ever Live-Fire War Games Around Taiwan Amid Rising Cross-Strait Tensions

China has launched 10 hours of live-firing military exercises around Taiwan, marking the second day of what Beijing describes as its largest-ever war games encircling the island. The drills, carried out under the Eastern...

Bukele Signals Willingness to Extend Power as El Salvador’s Term Limits Are Scrapped

El Salvadors President Nayib Bukele has again fueled debate over democracy and constitutional order after stating he would be open to remaining in power for another decade. Bukele, who first took office in 2019 and is...

Lavrov Says Russia Holds Strategic Initiative in Ukraine as Settlement Talks Continue

Russian Foreign Minister Sergei Lavrov has stated that Russia maintains the strategic initiative in Ukraine, emphasizing that Western nations must accept the current battlefield realities as discussions on a potential...

Trump and Netanyahu Diverge on West Bank Policy Amid Rising Tensions

U.S. President Donald Trump acknowledged that he and Israeli Prime Minister Benjamin Netanyahu do not fully agree on the future of the Israeli-occupied West Bank, highlighting ongoing divisions over one of the most...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...