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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Apr 28, 2026 08:58 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

The Bank of Canada downgrades its outlook for economic growth in Canada, but leaves interest rates unchanged

Oct 21, 2015 15:38 pm UTC| Commentary Central Banks

The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank judges the current level of the overnight rate to be appropriate, but maintained a cautious tone in its outlook, acknowledging global risks and...

Mexico's August retail sales show buoyant consumer demand

Oct 21, 2015 15:26 pm UTC| Commentary

Mexicos retail sales increased 1.5% m/m sa in August as a result of strong sales in hardware, apparel and supermarket sales, partially compensated by declines in domestic equipment, paper and entertainment and food sales....

Russia posts week GDP growth in Q3

Oct 21, 2015 12:19 pm UTC| Commentary

The outlook for Russias growth looks sober both from a demand and supply perspective. According to a preliminary estimate carried out by the Ministry of Economics and Development, GDP contracted by 4.3% yoy in Q3 15, or...

Russia's headline labour market data detracts from bleaker reality

Oct 21, 2015 11:30 am UTC| Commentary

The unemployment rate of Russia came out at a yearly low of 5.2%, suggesting hiring was more intensive in September due a slight pick-up in production. The following situations in the economy are observed by Societe...

Russia's consumer demand remains soft spot

Oct 21, 2015 11:12 am UTC| Commentary Economy

In keeping with the baseline assumption, the lower spending on durable consumer goods in Russia declined further in September (-10.9% yoy vs. -8.3% yoy in August). However, its effect on retail sales was far stronger...

Palladium ETFs record further considerable outflows

Oct 21, 2015 09:12 am UTC| Commentary

Palladium price was up in golds slipstream yesterday, despite further outflows from their respective ETFs. Ever since the pronounced inflow into the palladium ETFs tracked by Bloomberg in early October, their holdings have...

Australia's wheat production likely dropped by 15% in August

Oct 21, 2015 09:07 am UTC| Commentary

In its October forecasts, the US Department of Agriculture (USDA) had unexpectedly revised its estimate for the Australian wheat crop up by 1 million tons to 27 million tons, an increase of 14% as compared with the 2014/15...

4661 4662 4663 4664 4665 4666 4667 4668 4669 4670

Economy

BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build

The Bank of Japan (BOJ) held its interest rates steady on Tuesday, but growing internal support for tightening monetary policy highlights increasing concern over inflation pressures, particularly those linked to the...

European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets

European stock markets edged lower on Tuesday as investors adopted a cautious stance ahead of key central bank meetings and a busy week of corporate earnings. Ongoing geopolitical tensions, particularly the stalled...

Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding

Ukraine is under increasing pressure to introduce a value-added tax (VAT) on low-value parcels from abroad as part of efforts to keep its $8.1 billion International Monetary Fund (IMF) program on track. The IMF review...

Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals

Gold prices declined sharply during Asian trading on Tuesday as rising oil prices and hawkish signals from the Bank of Japan (BOJ) heightened concerns about global inflation and interest rate policies. Spot gold fell by 1%...

China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.

The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

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

Google Secures Pentagon AI Deal for Classified Projects

Alphabets Google has reportedly entered into an agreement with the U.S. Department of Defense to deploy its advanced artificial intelligence models for classified operations, according to a report by The Information citing...

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...