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

Become a contributor

Bookmark Econotimes

Central Banks

Mon, Dec 22, 2025 01:40 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Economic uncertainty likely to weigh on UK’s growth; BoE expected to slash rate in November

Sep 22, 2016 09:53 am UTC| Commentary Economy Central Banks

Economic uncertainty is likely to weigh on the growth outlook of the United Kingdom, with post-referendum deceleration still in prospect, although recent data have proved to be resilient. Since the Bank of Englands...

Bank Indonesia cuts reference rate by 25bps, likely to maintain easing bias

Sep 22, 2016 09:47 am UTC| Commentary Central Banks

The Indonesian central bank, Bank Indonesia, today lowered the new reference rate (7-day reverse repo rate) by 25 basis points to 5 percent. Bank Indonesias decision to cut rate comes after the U.S. kept its rates on hold...

RBNZ Monetary Policy: Assessing future bias

Sep 22, 2016 09:04 am UTC| Commentary Central Banks

Reserve bank of New Zealand (RBNZ) kept the policy rate at 2 percent in last nights meeting and the New Zealand dollar didnt move much as the move was widely expected. Lets see in the monetary policy, how the bias...

Norges Bank leaves policy rate unchanged, removes easing bias

Sep 22, 2016 09:01 am UTC| Commentary Central Banks

As widely anticipated, the Norwegian central bank, Norges Bank, left the key policy rate unchanged at 0.50 during its policy review meeting today. The Norges Bank lifted the interest rate path considerably and removed its...

Bank Indonesia targets prevention of excess IDR volatility; FX reserves rise in August

Sep 22, 2016 07:44 am UTC| Commentary Economy Central Banks

Indonesias foreign reserves rose during the month of August; however, this is hardly surprising given that foreign inflows into equities and Indonesian government bonds amounted to USD 10 billion in the same period. In...

BoJ yield curve control: Is this the way out?

Sep 22, 2016 07:44 am UTC| Commentary Central Banks

Yesterday, The Bank of Japan (BoJ) introduced a very complex instrument, qualitative and quantitative easing with yield curve control (QQE-YCC). Many financial market practitioners including the investment bank Goldman...

FX Hedging Strategy Series

FxWirePro: Fed on mute, BoK threats easing, RBI on smooth transition - Uphold INR/KRW NDF carry trades

Sep 22, 2016 07:42 am UTC| Central Banks Research & Analysis

Any slump lower in USDKRW might be drifting out of steam as the pair is the1102-1140 range that has provided support in the recent past. The price has been oscillating between this rangeand the expectations for further...

561 562 563 564 565 566 567 568 569 570

Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

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

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...