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

Become a contributor

Bookmark Econotimes

Central Banks

Wed, Aug 12, 2026 05:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Two Fed voting members signal hawkish tone for rate hike

May 13, 2016 06:05 am UTC| Central Banks

Federal Reserve Presidents Rosengren and George, while speaking at two different events on Thursday, hinted that the Feds delay in hiking interest rate is susceptible in stoking an asset bubble soon. Their remarks paint a...

Briferendum Series

Briferendum Series: Carney warns recession

May 13, 2016 05:38 am UTC| Commentary Central Banks

Bank of England (BOE) governor, Mark Carney, while speaking after monetary policy announcement inflation report release yesterday, warned that UK could suffer job losses, drop in sterling, rise in prices and economy may...

Only UK Inflation report is interesting part on Super Thursday

May 12, 2016 10:43 am UTC| Commentary Central Banks

BOE super Thursday is back. But today there is nothing super about it. Bank of England (BOE) will be maintaining the status quo, only interesting part will be the banks inflation projections ahead. As a matter of fact,...

Philippine Central Bank keeps policy steady, in line with expectations

May 12, 2016 10:15 am UTC| Economy Central Banks

The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) held policy rates steady, largely in line with expectations. The apex bank maintained the reverse repo rate and special deposit account at 4 pct and 2.50 pct...

RBNZ focuses to curb rising home prices in its Financial Stability Report

May 11, 2016 09:14 am UTC| Central Banks

The Reserve Bank of New Zealand in its Financial Stability Report released today, mentioned its aim to curb the nations rising house prices by imposing adding lending restrictions on banks releasing home loans. However, no...

RBA likely to ease further on poor inflation and growth figures

May 11, 2016 07:25 am UTC| Central Banks

The Reserve Bank of Australia is expected to make an easing move further this year and may cut rates to as low as 0 pct as inflation and economic growth limps on. According to BT Investment Management, weakness in domestic...

FX Hedging Strategy Series

FxWirePro: ECB’s infinite stimulus but finite losses on hedging Euro rates through ATMFs

May 10, 2016 12:59 pm UTC| Commentary Central Banks

We see room for cutting the deposit rate to -0.75%, but there is no technical limit for an instance. With Draghi signalling that we are close to the limits on the deposit rate, however, further cuts are not likely in...

681 682 683 684 685 686 687 688 689 690

Economy

Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan

Asian stocks mostly advanced Wednesday as renewed strength in technology and semiconductor shares boosted markets in South Korea and Japan. However, higher oil prices and uncertainty surrounding U.S.-Iran negotiations kept...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Iran War Escalates as US, Houthis Target Ships Near Key Oil Routes

The United States and Yemens Iran-aligned Houthis reported separate attacks on commercial shipping Tuesday as hopes for a quick end to the Iran war faded. Tehran warned that the Strait of Hormuz, a critical route for...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

Minnesota Lieutenant Governor Peggy Flanagan has secured the Democratic nomination for the U.S. Senate, setting up a closely watched general election contest against Republican nominee Michele Tafoya. U.S. media outlets...

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

North Korea Launches Ballistic Missile as US-South Korea Drills Near

North Korea fired a ballistic missile toward waters off the Korean Peninsulas east coast on Wednesday, raising regional tensions just days before major US-South Korea military exercises are set to begin. South Koreas Joint...

Taiwan Slams ‘Dangerous’ China-Indonesia Naval Drill Near Island

Taiwan has condemned a planned China-Indonesia naval drill east of Taiwan, accusing Beijing of using the exercise to create the impression that it has authority over waters surrounding the democratically governed island....

Bashar al-Assad Sentenced to Death by Syrian Court

A Syrian court has sentenced ousted President Bashar al-Assad to death in absentia, marking the first conviction against the former leader since his government collapsed in December 2024. The Damascus court convicted Assad...

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

Samsung, SK Hynix Shares Surge on Report of Potential Temasek Investment

Samsung Electronics and SK Hynix shares rallied sharply on Wednesday following a report that Singapore sovereign wealth fund Temasek is considering investments in South Koreas two leading memory chipmakers. Samsung...

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...