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

Become a contributor

Bookmark Econotimes

Commentary

Sat, Jun 20, 2026 10:43 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Contagion threat for Fed lift-off

Sep 01, 2015 03:38 am UTC| Commentary

The market has thrown a September rate hike in doubt following the recent rout in Chinese equity markets which then spilled over to global markets. The market onlyprices a 4bp increase of the effective fed funds rate in...

China turmoil will wind up delaying Fed hikes?

Sep 01, 2015 03:34 am UTC| Commentary

China kicked off an exceptionally volatile August with both a surprise depreciation of the CNY and a massive dropoff in equity markets. The economic impact mighthave been narrow in isolation, but global markets moved into...

Chicago PMI suggests further gains in Midwest activity

Sep 01, 2015 03:29 am UTC| Commentary

The Chicago PMI ticked down to 54.4 in August from 54.7 last month, broadly in line with consensus expectations (54.5) and a touch below our forecast (55.0). Production (59.0, previous: 61.8) and new orders (56.7,...

Korean inflation to gradually trend higher in H2

Sep 01, 2015 03:26 am UTC| Commentary

Koreas August inflation remained flat at 0.7% y/y for the third consecutive month. Similar to June and July, food inflation was the key driver, with prices of vegetable continuing to trend higher. Oil prices were the...

Korea's further rate cut likely in Q4

Sep 01, 2015 03:22 am UTC| Commentary

Korean exports fell 14.7% y/y in August, much worse than expected and closer to the first 20-day advance flash estimate. The fall was the steepest since the 21% drop in August 2009 and far exceeded the declines in July...

KRW: Mixed blessing in CNY devaluation

Sep 01, 2015 00:55 am UTC| Commentary

Nominal exports growth continued to weaken, contracting 4.9% yoy over Jan-July. In real terms, exports plunged into negative territory, declining 0.9% yoy in 2Q15, the first real exports contraction since 3Q09. Export...

Real growth momentum remains weak for China

Sep 01, 2015 00:41 am UTC| Commentary

Market concerns of a possible growth hard landing are on the rise. The latest real economic data points suggest that foundation for a growth recovery is not solid, and economic growth faces more downward pressure as...

5001 5002 5003 5004 5005 5006 5007 5008 5009 5010

Economy

Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire

U.S. President Donald Trump announced Saturday that no tolls will be charged for ships passing through the Strait of Hormuz during the proposed 60-day interim ceasefire period with Iran. Trump also stated that no fees...

Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed

Russian stocks closed flat on Saturday, with the MOEX Russia Index ending unchanged at 0.00% and touching a fresh 52-week low during trading. The lack of movement across the market reflected cautious investor sentiment,...

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Politics

Iran Claims Strait of Hormuz Closure Amid Rising Middle East Tensions

Iran announced the closure of the Strait of Hormuz on Saturday, according to reports from state-affiliated media outlets Tasnim and PressTV. The move was reportedly ordered by the Khatam al-Anbiya Central Headquarters,...

US to Review Iran World Cup Travel Restrictions Ahead of Egypt Clash

The United States will continue evaluating Irans travel arrangements during the 2026 FIFA World Cup, although current restrictions remain unchanged for now, according to Andrew Giuliani, executive director of the White...

Bolivia Nears End to 50-Day Crisis After Government Reaches Deal With Workers

Bolivian President Rodrigo Paz has reached a key agreement with the Bolivian Workers Confederation (COB), marking a significant step toward ending a nationwide crisis that has disrupted the country for nearly 50 days. The...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

UN Clash Erupts as Israel Envoy Confronts UN Officials Over Blacklisting Reports

A tense confrontation unfolded at the United Nations headquarters in New York during an event marking the International Day for the Elimination of Sexual Violence in Conflict, as Israels ambassador to the U.N., Danny...

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

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...