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

Become a contributor

Bookmark Econotimes

Commentary

Sun, May 03, 2026 12:29 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Australia wage growth review (Industry wise)

May 18, 2016 05:24 am UTC| Commentary Economy

Today, Australias wage growth report was released from Australian Bureau of Statistics (ABS) for first quarter 2016, which along with stronger Dollar took toll on Aussie, which is down -0.4%, trading at 0.729 against...

Japan Q1 growth spurts, likely to discourage BoJ to ease further

May 18, 2016 05:10 am UTC| Commentary

Japan, the worlds third largest economy witnessed a jump in its Q1 growth figures, beating analysts expectations. This is expected to discourage the Bank of Japan Governor Kuroda to further pursue easing steps, to help...

US inflation continues to be on upward trend, Fed unlikely to hike rate in June

May 18, 2016 05:08 am UTC| Commentary Economy

The US headline CPI inflation in April accelerated to 1.1% y/y from 0.9% in March, in line with consensus expectations. The rise was partially because of an increase of 3.4% in energy prices last month, the most solid pace...

Nikkei trades higher while Chinese markets drop, Gold depreciates in early Asia

May 18, 2016 03:47 am UTC| Commentary

All the major Asian indices are trading on a mix note on Wednesday morning. Today New Zealand released PPI data with negative numbers while Japan released GDP data with positive numbers. Gold fails to sustain above...

Russia’s economy contracts less than forecast in Q1

May 17, 2016 15:39 pm UTC| Commentary

Russian economy springs surprise, shrank annual -1.2% in the first quarter, less than forecast for a decline of -2.0%, the Federal Statistics Service said on Monday. This is the slowest contraction since the decline began...

UK CPI misses forecasts, unexpectedly slows to 0.3% in April

May 17, 2016 15:07 pm UTC| Commentary

According to the Office for National Statistics (ONS), UKs inflation rate fell to 0.3% in April, from Marchs rate of 0.5%. UK inflation drops for the 1st time since September, misses 0.5% pace forecast by economists. Data...

New Zealand 2-year inflation expectations edge slightly higher in latest RBNZ survey

May 17, 2016 14:29 pm UTC| Commentary

Inflation expectation, as measured by the RBNZs two year ahead measure, were virtually unchanged in Q2. The two year head measure nudged up just slightly to 1.64% from 1.63% in the previous quarter. There was also some...

3751 3752 3753 3754 3755 3756 3757 3758 3759 3760

Economy

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

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. 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...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...