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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Feb 13, 2026 11:13 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Euro area services PMIs moderate in August, economic growth momentum appears firm

Sep 05, 2017 19:12 pm UTC| Commentary

Euro area services PMIs moderated in August. The deterioration in the flash euro area services PMI in August to the lowest level since January was disappointing and contrasted with suggestions from other sentiment indices...

Norwegian house prices fall again in August, Norges Bank likely to take wait-and-see approach

Sep 05, 2017 18:48 pm UTC| Commentary

Norwegian house prices dropped again in August. House prices fell 0.4 percent sequentially in the month after dropping 0.2 percent in July. The Oslo market continues to lead the downturn. Prices in Oslo fell 0.2 percent...

Swiss economy grows below expectations in Q2, SNB likely to lag ECB – Wells Fargo

Sep 05, 2017 18:13 pm UTC| Commentary

Swiss real GDP growth came in below projections in the second quarter. Moreover, the first quarters print was revised down. The Swiss economy expanded 0.3 percent in the second quarter, as compared with consensus...

Philippine inflation rises above expectations in August, BSP likely to hike rates by end-2017

Sep 05, 2017 17:14 pm UTC| Commentary

The Philippine consumer price inflation came in above expectations in August. The headline inflation came in at 3.1 percent year-on-year, an acceleration from Julys 2.8 percent. On a seasonally adjusted basis, the CPI rose...

U.S. factory orders fall sharply in July

Sep 05, 2017 16:48 pm UTC| Commentary

Factory orders in the U.S. dropped sharply in July, reversing the solid growth seen in the prior month. In July, U.S. factory orders declined 3.3 percent on a sequential basis, coming widely in line with consensus...

Downturn in Brazilian services activity slows down in August

Sep 05, 2017 15:57 pm UTC| Commentary

The service sector of Brazil came closer to stabilization in the past month as a second straight monthly rise in new work added to a weaker drop in output that was just slight overall. The headline seasonally adjusted IHS...

Commodities snapshot (precious & industrial)

Sep 05, 2017 12:19 pm UTC| Commentary

The metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is marching higher over North Koreas nuclear test. Todays range $1325-1340 In the short-term price is likely to move...

1901 1902 1903 1904 1905 1906 1907 1908 1909 1910

Economy

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh

Oil prices were mostly steady during Asian trading on Friday, yet both benchmark crude contracts remained on track for weekly losses after a sharp selloff in the previous session. Brent crude futures for April delivery...

Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth

Federal Reserve Governor Stephen Miran cautioned that the central banks current monetary policy stance could pose a significant risk to U.S. economic growth. Speaking at a Dallas Fed event on Thursday, Miran argued that...

Japan, U.S. Speed Up Talks on $550 Billion Investment Deal Amid Tariff Pressure

Japan and the United States have agreed to accelerate negotiations on the first round of projects under Tokyos $550 billion investment package, as both sides work to resolve outstanding issues. Japanese Trade Minister...

Yen Surges After Takaichi Election Win as Markets Eye U.S. Inflation Data

The Japanese yen is on track for its strongest weekly performance in nearly 15 months after Prime Minister Sanae Takaichis historic election victory eased investor concerns about Japans fiscal stability. The currency has...

Politics

Starmer Proposes Joint Defense Procurement Plan to Cut UK and NATO Rearmament Costs

British Prime Minister Keir Starmer is set to unveil a new joint defense procurement initiative aimed at reducing rearmament costs through coordinated weapons purchasing among Western allies. According to a Financial Times...

Munich Security Conference 2026: Transatlantic Tensions, Ukraine War and Europe’s Strategic Shift

One year after U.S. Vice President JD Vance sharply criticized European allies at the Munich Security Conference, transatlantic relations remain under intense strain. As global leaders gather again in Munich, Washingtons...

US Lawmakers Urge Taiwan to Boost Defence Spending Amid Rising China Threat

A bipartisan group of 37 U.S. lawmakers has urged senior Taiwanese political leaders to move forward with a stalled defence spending proposal, warning that the threat from China is intensifying. In a letter addressed to...

Federal Judge Blocks Trump Administration’s $600 Million Public Health Funding Cuts to Democratic-Led States

A federal judge in Chicago has temporarily blocked the Trump administration from moving forward with $600 million in proposed public health funding cuts affecting four Democratic-led states. The ruling marks the latest...

U.S.–Taiwan Trade Agreement Sets 15% Tariff, Boosts Energy and Semiconductor Investment

The United States and Taiwan have finalized a reciprocal trade agreement that sets a 15% U.S. tariff rate on imports from Taiwan while paving the way for lower Taiwanese tariffs on nearly all American goods. The deal,...

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

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...