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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Dec 17, 2025 05:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

German bunds remain tad lower amid muted end to trading week

Jul 05, 2019 10:34 am UTC| Commentary Economy

The German bunds remained tad lower during European session Friday amid a muted end to the trading day of this week, which witnessed data of little economic significance. The German 10-year bond yields, which move...

UK gilts steady amid lack of economically significant data

Jul 05, 2019 10:33 am UTC| Commentary Economy

The United Kingdoms gilts steadied during European session Friday as investors remained side-lined amid a muted session that witnessed data of barely any economic significance to impact the debt market. The yield on the...

Global Geopolitical Series: Choice of EU’s new foreign policy chief signals widening rift with Washington

Jul 05, 2019 10:30 am UTC| Commentary

If you think, Brussels and Washington were on an extreme collision course under European Unions foreign policy chief Federica Mogherini, think again because the EUs choice for a new foreign policy chief gives clearest of...

ZAR likely to remain cautious on scope of rating downgrade in coming autumn, says Commerzbank

Jul 05, 2019 09:12 am UTC| Commentary Economy

ZAR investors are advised to exercise caution against a background of rating downgrade threat, probably in the coming autumn, according to the latest research report from Commerzbank. Like other EM currencies, the rand...

Global Geopolitical Series: U.S. imposes duties on imports of Magnesium from Israel

Jul 05, 2019 08:09 am UTC| Commentary Economy

Yet another signal from the Trump administration that the United States would no longer tolerate malpractices in trade. When it comes to trade, Allies and adversaries - all alike to President Trump and thats why in the...

Global Geopolitical Series: U.S. imposes duties on steel wheels from China

Jul 05, 2019 08:06 am UTC| Commentary

In a continuation of the toughened stance against both Allies and adversaries, the U.S. Commerce Department imposed duties on certain steel wheels (12 to 16.5 inches in diameter) from China. The United States, in 2017,...

FxWirePro: Asian markets almost flat, gold slightly up

Jul 05, 2019 05:14 am UTC| Commentary

All the major Asian indices were trading on a flat note on Friday. Gold was trading around $1,416 mark while silver was trading around $15.24 mark. Japans Nikkei was trading 0.02 pct lower at 21,697.49...

321 322 323 324 325 326 327 328 329 330

Economy

Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey

Asian fund managers became more constructive on global and regional economic growth in December, while simultaneously tempering expectations for equity market returns, according to Bank of Americas latest fund manager...

Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations

Japans exports to the United States rebounded in November for the first time in eight months, signaling that the impact of U.S. tariffs on the Japanese economy may be easing and strengthening expectations that the Bank of...

Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks

Economists have upgraded their forecasts for Singapores economic growth in 2025, while anticipating a moderation in momentum the following year, according to the latest survey of forecasters released by the Monetary...

RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac

The Reserve Bank of Australia (RBA) is now unlikely to cut interest rates in 2026, according to updated forecasts from Westpac, as inflation remains stubbornly elevated and insufficient to shift the central banks hawkish...

U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge

The U.S. dollar traded steadily on Wednesday, hovering close to its lowest level since early October as fresh economic data reinforced concerns about a softening labor market and uncertainty over the Federal Reserves next...

Politics

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Federal Judge Declines to Immediately Halt Trump’s $300 Million White House Ballroom Project

A federal judge in Washington signaled on Tuesday that he is unlikely to immediately stop construction of a proposed $300 million White House ballroom, dealing an early setback to preservation advocates challenging the...

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...