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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Oct 15, 2026 06:44 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Economic data insignificant for USD exchange rates

Dec 01, 2015 09:48 am UTC| Commentary

Chicago PMI recorded a significant fall in November and stood at 48.7. At a disaggregate level, the production stood at 50.9 against 63.4 in previous month, new orders at 44.1 against 59.4. The Federal Reserve expects...

Currency War Series

RBA policy – assessing the bias

Dec 01, 2015 09:28 am UTC| Commentary Central Banks

Reserve Bank of Australia (RBA), decided to keep policy unchanged and keep interest rate at 2%. RBAs decision has given support to Aussie, which is now trading at 0.729 against Dollar, up 0.85% so far today. Reserve bank...

U.S. labor markets show positive sign

Dec 01, 2015 09:21 am UTC| Commentary Economy

In September, the number of job openings in the United States shown a sign of improvement as it increased by 3.7% and stood at 5.5 million, the U.S. Bureau of Labor Statistics reveals. Similarly, the number of hires...

Oil in Global Economy Series

Chinese slowdown weighs on prevailing downtrend of Crude – Turkey/Russian geopolitical tussle fails to aid crude

Dec 01, 2015 08:51 am UTC| Commentary

The current oversupply, the lack of any prospect of a rapid improvement despite (or indeed because of) this weeks OPEC meeting, the strong US dollar and weaker economic data from China are weighing on the mood of oil...

FX Hedging Strategy Series

Driving forces of EM Asian CCS hedging - Ship-building in Korea, Asset flow in Taiwan and Thailand

Dec 01, 2015 08:45 am UTC| Commentary

The cross-currency swap markets are not very developed across EM Asia, owing to the idiosyncratic investment and hedging needs of each market. However, we believe this segment of the rates market is developed in Korea,...

Weakness persists in China's PMIs

Dec 01, 2015 08:38 am UTC| Commentary

Chinas November Manufacturing PMI fell to 3 year low, at 49.6, slightly lower from that of previous month, indicating a troublesome process of deleveraging in the sector. The softness is almost across the board, output...

Russian Ruble outlook for Q4

Dec 01, 2015 08:30 am UTC| Commentary

Market expects for further stabilization from Russia, even though there are expectations of PMI to fall of 0.2 points to 50 in November, this would indicate that PMI is well over the H1 15 levels. The economy should not...

4441 4442 4443 4444 4445 4446 4447 4448 4449 4450

Economy

South Korea’s KOSPI Plunges 8.2%, Triggers Circuit Breaker Amid Tech Selloff

South Koreas KOSPI index plunged more than 8% on Thursday, triggering a marketwide circuit breaker as a global technology stock selloff accelerated following stronger-than-expected U.S. inflation data and growing concerns...

U.S. Treasury Yields Fall as Tech Selloff Sparks Safe-Haven Demand

U.S. Treasury yields dropped sharply on Thursday as investors sought safer assets amid a global technology stock selloff, reversing gains triggered by stronger-than-expected U.S. inflation data. Despite renewed concerns...

Australia Jobs Fall 39,300 as Unemployment Hits 4.7%

Australias labour market weakened unexpectedly in September, with employment recording a sharp decline and the unemployment rate reaching 4.7%, raising questions about the Reserve Bank of Australias (RBA) next interest...

EU Leaders Meet to Tackle China Imports, Energy Costs and Budget Disputes

European Union leaders are gathering in Brussels on Thursday for a crucial summit focused on rising Chinese imports, high energy prices and disagreements over the EUs next long-term budget. The meeting brings together...

Oil Prices Drop as U.S. Weighs Easing Shadow Fleet Sanctions

Oil prices declined sharply on Thursday as reports that the United States may ease sanctions on shadow fleet vessels raised expectations of improved global crude supplies. Investors also awaited an International Energy...

Politics

US Proposal to Unfreeze Russian Assets Rejected by Europe

The United States has reportedly proposed a plan to release some frozen Russian sovereign assets and place them under Washingtons supervision as part of efforts to restart peace negotiations between Russia and Ukraine,...

Flavio Bolsonaro Leads Lula in Brazil Presidential Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Quaest opinion poll released Wednesday. The survey showed...

South Korea Warns Changing US Wartime Command Rules Could Delay Transfer

South Korea has warned that repeatedly changing the conditions for transferring wartime operational control from the United States could prevent the long-awaited military command handover, highlighting growing concerns...

Trump Wishes Pope Leo Speedy Recovery After Lung Cancer Diagnosis

US President Donald Trump on Wednesday expressed his hopes for a swift recovery for Pope Leo following the Vaticans announcement that the 71-year-old pontiff had been diagnosed with lung cancer after undergoing surgery....

Trump Announces New Military Super Range in Montana for Advanced Weapons Testing

US President Donald Trump announced plans Wednesday to establish a new military testing facility in Montana, describing the project as a defense super range designed to support the development of advanced weapons and...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic Q3 Revenue Surges to $16.8 Billion Ahead of IPO

Artificial intelligence startup Anthropic reported a sharp increase in third-quarter revenue and achieved another quarter of profitability as it prepares for a highly anticipated initial public offering (IPO) in November,...

Ericsson Q3 Profit Beats Forecasts as 2027 Cost Risks Loom

Swedish telecommunications equipment manufacturer Ericsson reported a smaller-than-expected decline in third-quarter core profit on Thursday, outperforming market expectations despite persistent challenges in the global...

Taiwan President Urges Micron, Workers to Negotiate Amid Strike Threat

Taiwanese President Lai Ching-te has urged U.S. memory chipmaker Micron Technology and its employees to engage in sincere negotiations as a potential strike threatens operations at one of the companys largest semiconductor...

Anduril Valuation Hits $90 Billion in Employee Share Sale

Anduril Industries, a leading U.S. defense technology startup, has launched an employee share tender offer that values the company at approximately $90 billion, according to a Bloomberg report published Wednesday. The...

Nvidia CEO Jensen Huang Open to Cutting Chip Supply Over Unsafe AI

Nvidia CEO Jensen Huang said the company could stop supplying artificial intelligence chips to customers developing dangerous AI software, although he believes many current concerns about AI safety are exaggerated....