Menu

Search

U.K. economic growth likely to see upward trend in 2018, GDP growth to reach 1.8 pct by 2018-end

Jan 15, 2018 21:21 pm UTC| Commentary

The U.K. economic growth is expected to be on an upward trend this year, greatly reversing the deceleration seen last year, noted Scotiabank in a research report. Particularly, growth has decelerated from 2 percent...

Euro area headline inflation likely remained unchanged in December

Jan 15, 2018 21:20 pm UTC| Commentary

Euro areas inflation figures are set to be released this week. The headline consumer price inflation is expected to have remained the same at 1.4 percent year-on-year in December, noted DBS Bank in a research report. In...

Singaporean exports likely to have remained strong in December

Jan 15, 2018 20:44 pm UTC| Commentary

Singaporean non-oil domestic exports figure for December is set to be released this week. According to a DBS Bank research report, the NODX is expected to have stayed strong but in single-digit in December. Exports are...

Canadian existing home sales rise sequentially in December

Jan 15, 2018 20:18 pm UTC| Commentary

Existing home sales in Canada grew sequentially in December, rising for the fifth straight month. Sales were up 4.5 percent, putting sales right back to where they were before their summer slump. The year 2017 as a whole,...

Euro area net trade stimulated growth in Q4

Jan 15, 2018 19:32 pm UTC| Commentary

Euro area domestic demand growth momentum is arguably the most robust since the turn of the millennium, but euro area manufacturers have also been well-placed to exploit increasing external demand, noted Daiwa Capital...

Bank Indonesia likely to keep interest rate on hold

Jan 15, 2018 18:29 pm UTC| Commentary

The Indonesian central bank is set to meet this week for its interest rate decision. According to a DBS Bank research report, Bank Indonesia is expected to keep its key interest rate on hold at 4.25 percent. While...

Bank of Korea likely to stand pat in January

Jan 15, 2018 18:09 pm UTC| Commentary

The Bank of Korea is set to meet this weekend for its interest rate decision. According to a DBS Bank research report, Korean central bank is likely to keep rates on hold at 1.5 percent. The slowdown of economic growth in...

  1561 1562 1563 1564 1565 1566 1567 1568 1569 1570   

Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Trump Administration Moves to Repeal EPA Climate Endangerment Finding

The administration of U.S. President Donald Trump is reportedly preparing to repeal a key Obama-era scientific determination that has long served as the legal foundation for federal regulation of greenhouse-gas emissions....

U.S. Issues New Shipping Guidance for Strait of Hormuz Amid Rising Iran Tensions

The United States has issued new guidance for commercial vessels navigating the Strait of Hormuz, one of the worlds most critical maritime chokepoints for global oil and gas shipments, as tensions persist between...

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

U.S. Appeals Court Allows Trump Administration to End TPS for Honduras, Nepal, Nicaragua Migrants

A U.S. appeals court in California on Monday temporarily lifted a federal judges order that had blocked the Trump administration from ending Temporary Protected Status (TPS) for nearly 89,000 migrants from Honduras, Nepal...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.