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

Become a contributor

Bookmark Econotimes

Commentary

Tue, May 05, 2026 07:01 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

German construction industry ends four consecutive months of slowing growth in July

Aug 04, 2016 15:36 pm UTC| Commentary

German construction industry growth continued into July, adding to the series of positive economic readings from the country. Data released earlier today showed that German construction purchasing managers index, produced...

US ISM non-manufacturing index retreated slightly in July

Aug 04, 2016 15:01 pm UTC| Commentary

The Institute for Supply Managements (ISM) non-manufacturing index fell one point in July to 55.5 from a seven-month high in the prior month. The data missed expectations for a reading of 55.9. Despite the decline, the...

ECB's Weidmann hints at adjustments to ECB's bond buying program

Aug 04, 2016 14:21 pm UTC| Commentary

European Central Bank governing council member and Bundesbank President Jens Weidmann was on the wires earlier today sharing his take on the ECBs asset purchase program. Weidmann said the ECBs bond-buying programme could...

Chart of the Day Series

Chart of the Day: 322 year low

Aug 04, 2016 14:07 pm UTC| Commentary Central Banks

With todays rate cut from the bank of England (BoE), theinterest ratein the United Kingdom has dropped to a fresh 322 year low, as shown in this chart from bondvigilantes.com. Speculation would soon grow up for more in...

Turkey inflation accelerates for third consecutive month

Aug 04, 2016 14:01 pm UTC| Commentary

Report released by Turkish Statistical Institute (TURKSTAT) on Wednesday showed that consumer price inflation in Turkey rose more-than-expected last month. Data Turkish July CPI rose to a seasonally adjusted 1.16 percent,...

Australia's weak June retail sales highlight need for ultra-easy monetary policy

Aug 04, 2016 13:52 pm UTC| Commentary

Australias retail sales disappoint again in June, rising by just 0.1 percent, to $25.044 billion after seasonal adjustments. Australias nominal retail sales growth continued the run of soft outcomes despite a bounce-back...

Commodities snapshot (precious & industrial)

Aug 04, 2016 13:39 pm UTC| Commentary

Metal pack is d today. Performance this week at a glance in chart table - Gold: Gold is up today as risk aversion persists. Todays range $1365-1349 We expect gold to reach $1520 Gold is currently trading at...

3351 3352 3353 3354 3355 3356 3357 3358 3359 3360

Economy

Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress

Irans Foreign Minister Seyed Araghchi has cautioned that escalating military actions will not resolve the ongoing Hormuz crisis, emphasizing instead the importance of diplomatic negotiations. In a recent statement,...

Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations

Asian stock markets declined on Tuesday as investor sentiment weakened בעקבות escalating geopolitical tensions in the Strait of Hormuz and anticipation of further monetary tightening in Australia. Regional trading activity...

Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets

Oil prices slipped during Asian trading on Tuesday following a strong rally in the previous session, as investors balanced rising geopolitical tensions in the Gulf with U.S. efforts to stabilize critical shipping routes....

Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets

The Japanese yen remained a focal point in global foreign exchange markets on Monday, as it trimmed earlier gains against the U.S. dollar following a sharp rally driven by speculation of government intervention. The...

Gold Prices Edge Higher Amid Middle East Tensions and Oil Market Volatility

Gold prices rebounded slightly in Asian trading on Tuesday after hitting a one-month low, as investors reacted to escalating geopolitical tensions in the Middle East and renewed efforts by U.S. President Donald Trump to...

Politics

Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests

The Dominican Republic has ordered the suspension of all activities tied to GoldQuest Minings proposed gold and copper development, following large-scale protests driven by environmental concerns. President Luis Abinader...

South Korea Probes Explosion on HMM Vessel in Strait of Hormuz Amid Rising Tensions

South Korea announced an investigation into the cause of an explosion and fire aboard a South Korean-operated cargo ship in the Strait of Hormuz, a critical global shipping route. The incident, which occurred on Monday,...

Armed Suspect Shot Near White House After Firing at Secret Service Officers

A tense security incident unfolded near the White House on Monday when U.S. Secret Service officers confronted an armed and suspicious individual, leading to an exchange of gunfire and a brief lockdown of the area....

Rudy Giuliani Hospitalized in Critical but Stable Condition After Pneumonia

Former New York City Mayor Rudy Giuliani is recovering in a Florida hospital after being diagnosed with pneumonia, according to his spokesperson. The 81-year-old political figure remains in critical but stable condition,...

Bolsonaro Discharged After Shoulder Surgery Amid Ongoing Legal Troubles

Former Brazilian President Jair Bolsonaro has been discharged from a hospital in Brasília after undergoing shoulder surgery, marking another development in his ongoing health and legal situation. The procedure,...

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

Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations

Palantir Technologies delivered its strongest sales growth since going public, reporting impressive first-quarter 2026 results that exceeded Wall Street expectations and boosted investor confidence. The company announced...

Anthropic Secures $1.5B AI Venture Backed by Wall Street Giants, Shaking Software Sector

Anthropic has reportedly secured $1.5 billion in funding for a new artificial intelligence joint venture backed by major Wall Street firms, signaling a significant shift in the AI and enterprise software landscape....

Meta Plans $13B AI Data Center Financing in Texas Amid Surging Big Tech Investment

Meta Platforms is reportedly partnering with Morgan Stanley and JPMorgan Chase to secure a massive $13 billion financing package for its planned data center in El Paso, Texas. According to sources cited by Reuters, the...

Anthropic’s $1.5B AI Venture with Wall Street Firms Targets Private Equity Market

Anthropic is reportedly nearing completion of a major $1.5 billion joint venture with leading financial institutions, including Blackstone and Goldman Sachs, aimed at expanding the use of artificial intelligence tools...

Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals

Samsung Electronics, the worlds leading TV manufacturer, has made a significant leadership change in its television division for the first time in over two years. The company announced that Lee Won-jin, formerly head of...