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

Become a contributor

Bookmark Econotimes

Central Banks

Tue, Jun 23, 2026 05:09 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: UK’s upbeat CPI surprises Sterling ahead of BoE but Brexit apprehensions revolve over rate hike skepticism, GBP OTC intensifies

Sep 13, 2017 10:03 am UTC| Central Banks

The sterling has been able to gain conspicuously in the recent times and continued the same momentum especially yesterday following the publication of the August inflation data. GBPUSD surged above the 1.3300 mark, while...

FxWirePro: Hedge AUD/CHF via Debit Call Spreads ahead of SNB and RBA as underlying spot appears to breach long lasting range

Sep 13, 2017 07:16 am UTC| Central Banks Research & Analysis Insights & Views

Its been central banks monetary policy season in G10 economies, SNB, BoE, FED, and BoJ are lined up for monetary policy meetings in this month, followed by RBA on October 1st week. As a matter of balance of payments...

FxWirePro: No hindrance for safe-haven sentiments for CHF ahead of SNB

Sep 12, 2017 12:00 pm UTC| Central Banks Research & Analysis Insights & Views

We have SNB scheduled to announce monetary policy assessment this week and Libor rate that measures London interest rate for 3-month Swiss franc deposits. The Swiss National Bank is also expected to sit on its hands this...

FxWirePro: Key driving forces of USD/KRW and hedging strategy

Sep 11, 2017 11:50 am UTC| Research & Analysis Central Banks Insights & Views

The downside in USDKRW has been bounded by 1113, even with the EUR marching higher and EM currencies strengthening. It has witnessed a good run in 1Q among EMFX, subsequently, resulting in the KRW being one of the...

FxWirePro: Impact of PBoC’s FX regime on CNY NDFs

Sep 11, 2017 10:48 am UTC| Central Banks Research & Analysis Insights & Views

The strength of CNY can be traced to three factors: the rebound in real GDP, higher commodity prices (which has aided the reflation theme and reduced pressure on the banking system) and higher interest rate...

Fundamentals to watch out for this week

Sep 11, 2017 10:05 am UTC| Commentary Central Banks

This week is a quite heavy with volatility risks, especially in terms of data and events as well. What to watch for over the coming days: Central banks: Swiss National Bank (SNB) will announce interest rate...

FxWirePro: Yuan weakens as PBoC relaxes shorting restrictions

Sep 11, 2017 07:13 am UTC| Commentary Central Banks

Yuan has declined sharply after reaching as low as 6.44 per dollar last week, the highest level since March 2016 and trading at 6.527 per dollar today as China relaxes shorting rule, that was imposed in response to yuans...

401 402 403 404 405 406 407 408 409 410

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...