Menu

Search

Carney fails to provide definitive cues over the prospects of a BoE rate-cut announcement

Jul 12, 2016 15:37 pm UTC| Commentary

UK Monetary Policy Committee will meet on July 14 for the first time following the EU referendum result. Eyes are now set at the forthcoming reaction of policymakers to the Brexit vote. Market expectations are riding high...

Household debt-to-GDP in New Zealand rises at a relatively fast pace

Jul 12, 2016 15:21 pm UTC| Commentary

Westpacs report said that household debt in New Zealand has risen to record levels, and it has been rising at a faster pace than in other developed economics. This warning comes on top of concerns expressed by the Reserve...

Speculation about stimulus measures put pressure on yen

Jul 12, 2016 15:03 pm UTC| Commentary

Japan economy minister Ishihara was out on the wires last hour via Reuters, commenting on the economic stimulus expected to be on the cards soon. Markets were initially disappointed after announcement from Japanese...

Australia's business confidence rebounds in June, shrugs off Brexit volatility

Jul 12, 2016 14:05 pm UTC| Commentary

The latest survey from National Australia Bank showed on Tuesday that business confidence in Australia improved in June. The NAB business confidence index rose to 6.0 in May from 3.0 in the previous month. The...

German inflation picks up in June, could buttress ECB's “wait-and-see” approach for further stimulus

Jul 12, 2016 13:32 pm UTC| Commentary

Data released by German federal statistics office, Destatis, showed earlier on Tuesday that inflation in Germany accelerated fractionally in June, buoyed by rising food prices and shallower declines in energy prices. There...

Canadian bonds slump on rallying crude oil prices, focus on BOC policy decision

Jul 12, 2016 13:15 pm UTC| Commentary

The Canadian government bonds slumped on Tuesday following rally in the crude oil prices. Also, investors await the Bank of Canada (BoC) monetary policy decision, which is scheduled to be held on July 13. The yield on...

Energy prices expected to normalize by 2017, oversupply likely to reduce

Jul 12, 2016 13:00 pm UTC| Commentary

The International Energy Agency has slashed estimates of oversupply of oil in the coming months, while maintaining consensus that the oil market is likely to rebalance in 2017, given that demand for the energy commodity...

  3461 3462 3463 3464 3465 3466 3467 3468 3469 3470   

Economy

US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran

The United States has announced plans to assist vessels stranded in the Strait of Hormuz following escalating tensions linked to the U.S.-Israeli conflict with Iran. President Donald Trump stated that efforts would begin...

Middle East Conflict Impacts Australia and New Zealand Businesses

Companies across Australia and New Zealand are increasingly feeling the economic pressure caused by the ongoing Middle East conflict, particularly the U.S.-Israeli war involving Iran. Rising fuel prices, supply chain...

Global Markets Rise as Oil Prices Stabilize Amid Middle East Tensions

Asian stock markets showed modest gains on Monday as investors reacted cautiously to ongoing developments in the Middle East conflict, while oil prices remained relatively stable. Market sentiment improved slightly due to...

Dollar Holds Firm as Asian Currencies Stabilize Amid Middle East Tensions and Rate Uncertainty

The U.S. dollar remained steady in Asian trading on Monday, while most Asian currencies moved within a narrow range as investors weighed geopolitical risks and uncertainty surrounding U.S. interest rates. Trading activity...

Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty

Gold prices remained relatively stable during Asian trading on Monday, as ongoing geopolitical tensions in the Middle East and uncertainty surrounding global interest rates continued to influence market sentiment. Despite...

Politics

Oil Prices Hold Above $100 Amid Strait of Hormuz Tensions and U.S.-Iran Uncertainty

Oil prices remained elevated above the $100 mark on Monday despite a slight pullback, as ongoing geopolitical tensions and supply disruptions continued to influence the global energy market. Brent crude futures dipped...

Australia Launches Public Hearings on Bondi Beach Shooting and Rising Antisemitism

Australia has officially opened public hearings into the Bondi Beach mass shooting that occurred in December, marking a significant step in a broader national inquiry into antisemitism and social cohesion. The tragic...

Ukraine Drone Strikes Hit Russian Oil Port Primorsk and Naval Targets

Ukraine has intensified its long-range drone campaign against Russia, targeting key energy infrastructure and military assets in a large-scale overnight assault. Ukrainian forces reportedly struck the Baltic Sea port of...

Taiwan President Lai Ching-te Visits Eswatini Amid Rising China Pressure

Taiwan President Lai Ching-te has arrived in Eswatini, marking a significant diplomatic move after his earlier trip was delayed due to restricted airspace access reportedly influenced by China. The visit underscores...

Japan Signals Potential Shift on Arms Exports, Opening Door to Ukraine Support

Japans recent decision to relax its long-standing weapons export restrictions has created a potential pathway for future defense cooperation with Ukraine, according to Kyivs ambassador to Tokyo. While no immediate arms...

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

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 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

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...

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...
  • Market Data
Close

Welcome to EconoTimes

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