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

Become a contributor

Bookmark Econotimes

Central Banks

Sat, Jun 20, 2026 02:29 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution Series: The Potential Impact of Federal Reserve’s Monetary Policy on Cryptocurrencies in 2020

Dec 16, 2019 06:38 am UTC| Research & Analysis Digital Currency Central Banks Insights & Views

In current financial conditions across the globe, we are witnessing the lingering concerns over growing debt burden that could potentially lead to another financial crisis. To substantiate this stance, it is quite evident...

FxWirePro: CBR Cuts 25 Bps With More Hawkish Rhetoric For 2020 – USD/RUB Delta-Hedged Options Trade Recommendation

Dec 13, 2019 13:20 pm UTC| Research & Analysis Central Banks

The Bank of Russia (CBR) cut its benchmark one-week repo rate by 25 bps to 6.25% during its December meeting and signalled more rate cuts were likely in the first half of 2020, saying households inflation expectations...

Digital Currency Revolution

When China and other big countries launch cryptocurrencies, it will kick off a global revolution

Dec 13, 2019 09:44 am UTC| Insights & Views Digital Currency Central Banks

One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. Chinas central bank recently accelerated plans for what is currently known as the Digital Currency...

FxWirePro: CAD/JPY Diagonal Options Strips To Hedge Both Minor Major Trends Ahead of BoJ

Dec 13, 2019 07:52 am UTC| Research & Analysis Central Banks

CAD was one of the top performers in global FX throughout 2019 but CADJPY has been a laggard, the major downtrend of this pair has been robust amid mild upswings that seems to be momentary. For JPY, soft equity tone...

Digital Currency Revolution

ECB Chief To Expedite Taskforce With Clear Objectives On Digital Currency

Dec 13, 2019 06:28 am UTC| Research & Analysis Central Banks Digital Currency Insights & Views Commentary

The European Central Bank (ECBs) new chief, Christine Lagarde has divulged her intentions to expedite the banks taskforce efforts on a digital currency project. At a news conference in Frankfurt following her first...

BSP keeps key interest rate unchanged at 4 pct, likely to cut by 50 bps in 2020

Dec 12, 2019 13:45 pm UTC| Commentary Central Banks

The Philippine central bank, BSP, kept its Overnight Repurchase Rate on hold at 4 percent. BSP continues to be positive on domestic growth prospects. They expect sustained fiscal spending and favourable liquidity...

FxWirePro: Deploy USD/TRY Diagonal Debit Call Spreads on Turkish Rate Cuts

Dec 12, 2019 13:06 pm UTC| Research & Analysis Central Banks

The Turkish central bank (CBT) will hold its monetary policy meeting today: we expect the repo rate to be lowered by 150bps (from 14% to 12.5%), which is now also the median consensus forecast. This will bring the...

131 132 133 134 135 136 137 138 139 140

Economy

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....

Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare

Canada and British Columbia have unveiled a major long-term infrastructure partnership valued at more than $5 billion, aimed at accelerating housing development, expanding healthcare facilities, and improving public...

Politics

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...

UN Clash Erupts as Israel Envoy Confronts UN Officials Over Blacklisting Reports

A tense confrontation unfolded at the United Nations headquarters in New York during an event marking the International Day for the Elimination of Sexual Violence in Conflict, as Israels ambassador to the U.N., Danny...

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...