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

Become a contributor

Bookmark Econotimes

Commentary

Thu, May 07, 2026 04:30 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Swiss inflation slips more than expected in November, raises concern for SNB

Dec 06, 2016 16:50 pm UTC| Commentary

Switzerland consumer prices fell more than expected in November, data released by the Federal Statistical Office showed on Tuesday. Swiss November CPI inflation fell 0.2 percent in November compared to the 0.1 percent...

Euro area Q3 GDP rises 0.3 pct, positive contribution seen from household consumption

Dec 06, 2016 15:48 pm UTC| Commentary

Euro area third quarter gross domestic product (GDP) released earlier on Tuesday by statistics agency Eurostat. Data showed that seasonally adjusted GDP rose by 0.3 percent in the euro area (EA19) and by 0.4 percent in the...

Commodities snapshot (precious & industrial)

Dec 06, 2016 15:25 pm UTC| Commentary

Metal pack is mixed today. Performance this week at a glance in chart table - Gold: Gold is trying to form a base above $1150. Todays range $1162-1188 We expect gold to reach $1520. Gold might reach as low as...

Commodities snapshot (energy)

Dec 06, 2016 15:01 pm UTC| Commentary

Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI) WTI is up today again as the OPEC deal euphoria continues. Todays range $50.3-51.6 With a deal done, the oil price...

Italy retail sales down slightly in Nov, retail PMI rises to a 9-month high

Dec 06, 2016 14:49 pm UTC| Commentary

Italy retail sales fell slightly in November, but the rate of decline was the slowest seen since February. Retail sales also fell year-on-year in November, though the rate of decline was only marginal and the slowest...

German retail PMI contracts in Nov, falls for first time in ten months

Dec 06, 2016 14:39 pm UTC| Commentary

Germany monthly Retail PMI for November slips into contraction, but the rate of contraction was only marginal. Data published by Markit on Tuesday showed that Germanys seasonally adjusted headline Retail PMI fell to 49.6...

Currency snapshot (commodity pairs)

Dec 06, 2016 14:29 pm UTC| Commentary

Dollar index trading at 100.3 (+0.15%) Strength meter (today so far) Aussie -0.33%, Kiwi -0.32%, Loonie -0.22% Strength meter (since last week) Aussie +0.09%, Kiwi -0.07%, Loonie -0.36% AUD/USD Trading at...

2751 2752 2753 2754 2755 2756 2757 2758 2759 2760

Economy

Trump Signals Possible U.S.-Iran Peace Deal as Markets Rally on Hopes of War Ending

U.S. President Donald Trump said a peace agreement between the United States and Iran could be reached soon, raising hopes of an end to the ongoing conflict that has shaken global energy markets and disrupted shipping in...

Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers

Japanese technology and semiconductor stocks rallied sharply on Thursday, driven by growing global optimism surrounding artificial intelligence and strong momentum in the AI chip sector. The surge followed impressive...

European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment

European stock markets traded mostly higher on Thursday as investors reacted positively to reports that the United States and Iran are preparing to restart negotiations aimed at ending their ongoing conflict. Optimism...

Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist

Iran said it is reviewing a new U.S. peace proposal aimed at ending the ongoing conflict between Washington and Tehran, while major disagreements over Irans nuclear program and the Strait of Hormuz remain unresolved. The...

Trump-Xi Meeting 2026: U.S.-China Trade Tensions Escalate Ahead of Beijing Summit

U.S. President Donald Trump is expected to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years, as tensions between the worlds two largest economies continue to reshape global trade,...

Politics

US Senators Push for Stable US-China Relations Ahead of Trump-Xi Beijing Summit

A bipartisan delegation of United States senators visiting Beijing has emphasized the importance of maintaining stable and peaceful cooperation between the United States and China ahead of a high-profile summit between...

UK Local Elections 2026: Starmer Faces Pressure as Reform UK Surges

Millions of voters across Britain headed to the polls on Thursday in crucial local and regional elections that could significantly weaken Prime Minister Keir Starmers Labour Party and reshape the countrys political...

Israel Strikes Beirut Amid Fragile Hezbollah Ceasefire Tensions

Israel carried out an airstrike on Beirut on Wednesday, marking the first attack on the Lebanese capital since last months ceasefire agreement with Hezbollah. According to Israeli officials, the strike targeted a commander...

Trump-Xi Beijing Summit Sparks Taiwan Concerns Amid U.S.-China Tensions

Taiwan is closely monitoring next weeks meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing, amid concerns that China could attempt diplomatic manoeuvring over the Taiwan issue....

Rubio Meets Pope Leo Amid Trump-Vatican Tensions Over Iran War

U.S. Secretary of State Marco Rubio is set to meet Pope Leo at the Vatican on Thursday during a high-profile discussion expected to address growing tensions between the Trump administration and the Catholic Church over the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

U.S.-China AI Talks May Take Center Stage at Trump-Xi Summit

The United States and China are reportedly exploring the possibility of launching formal discussions on artificial intelligence, according to a Wall Street Journal report published Wednesday. The talks could become a major...

Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat

Arm Holdings delivered stronger-than-expected quarterly earnings and revenue, driven by rising demand for artificial intelligence data center chips. However, despite the positive results, Arm stock reversed early gains in...

Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom

Hua Hong Semiconductor shares soared on Wednesday as investors rushed into technology stocks fueled by strong artificial intelligence momentum and improving confidence in Chinas economy. The Hong Kong-listed chipmaker...

Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges

Infineon Technologies (ETR: IFXGn) raised its fiscal 2026 revenue growth forecast on Wednesday, citing booming demand for AI data center power chips despite continued weakness in the electric vehicle semiconductor market....

BHP Attracts AI-Focused Investors as Copper Demand Surges

BHP Group is drawing growing attention from international investors as the global artificial intelligence boom increases the value of copper, according to Chief Financial Officer Vandita Pant. Speaking at the Macquarie...