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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Apr 30, 2026 02:35 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oil in Global Economy Series

Brent crude drops to 11 year low

Dec 21, 2015 06:30 am UTC| Commentary

North Sea benchmark, which is used as a benchmark for almost half of global crude oil sank to its lowest level in 11 years as market opened on Monday, continuing their selloff from last week. Global oil market is...

Currency War Series

Turkey's CBT likely to raise repo rate to 9.5pct by Q1 16

Dec 21, 2015 06:05 am UTC| Commentary Central Banks

The central bank of Turkey is likely to hike its bank rate in order to balance the interest rate differential caused by recent rate hike by the U.S. Fed. The CBT increased remuneration on FX required reserves by 25bp last...

Guide to today’s important data and events

Dec 21, 2015 05:41 am UTC| Commentary

Few economic dockets, to be released today as all with low risks associated. Data released so far - Japan - Bank of Japan (BOJ), released monthly economic survey. All industry activity index grew 1% in October,...

Currency War Series

Banxico likely to deliver two more rate hikes in near future

Dec 21, 2015 05:23 am UTC| Commentary Central Banks

Last week, the central bank of Mexico its bank rate by 25bps in order to protect the MXN. The country is suffering from a lower inflationary pressure as it reached to a historical low, therefore, the Banxico is expected to...

EUR/GBP likely to break back below 0.70 in early 2016

Dec 21, 2015 05:02 am UTC| Commentary

Sterling has been mediocre performer in November and till date, without any independent direction. EUR/GBP followed rate spread expectations closely, but much of variation in the spread was driven by EUR, rather than...

Japan November industiral production likely to decline

Dec 21, 2015 04:31 am UTC| Commentary

USD/JPY will be likely driven by the tug of war between USD and risk sentiments in the coming weeks. With USD strengthening putting pressure on the pair towards upward direction, the concerns on EM and deterioration in...

USD/JPY likely to continue to trade in the recent 123 range going into 2016

Dec 21, 2015 03:59 am UTC| Commentary Central Banks

Bank of Japan intended to suppliment its QQE programme qualitatively without any quantitative easing further in previous week. Governor Kuroda described the decision as supplementary adjustment despite additional easing,...

4321 4322 4323 4324 4325 4326 4327 4328 4329 4330

Economy

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets

Asian markets showed resilience on Thursday as AI-related stocks climbed following strong earnings from major U.S. tech firms, even as rising oil prices and tightening monetary policy pressured global bonds and currencies....

China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand

Chinas manufacturing sector showed modest growth in April, surpassing expectations, but broader economic momentum remained uneven due to weak domestic demand and slowing non-manufacturing activity. According to data...

Politics

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...

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Trump Considers Reducing U.S. Troops in Germany Amid NATO Tensions

U.S. President Donald Trump has signaled that his administration is reviewing a potential reduction of American troops stationed in Germany, a move that could reshape U.S. military presence in Europe and impact NATO...

US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping

The United States is urging allied nations to support a new international initiative aimed at safeguarding navigation through the Strait of Hormuz, a critical global shipping route that has recently experienced...

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

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

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...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...