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

Become a contributor

Bookmark Econotimes

Commentary

Tue, Oct 13, 2026 08:20 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Gold shines, reinforces safe-haven position

Aug 17, 2015 09:25 am UTC| Commentary

The precious metal gained on news that China increased its gold hoard and Japans GDP contracted in the second-quarter, albeit slightly ahead of expectations, as the indirect effect allowed the commodity to reaffirm its...

Greece to repay ECB on time

Aug 17, 2015 09:13 am UTC| Commentary

After the Eurogroups decision to back the Memorandum of Understanding for a third bailout, several national parliaments (including Germany, Austria, Estonia, Finland, Latvia, Portugal, Spain and France) will need to...

Thailand GDP growth expected at 3.8% in 2016

Aug 17, 2015 07:55 am UTC| Commentary

Thailand Q2 GDP posted 0.4% q/q sa growth was as expected. On a y/y basis, growth moderated to 2.8%, down from 3.0% in Q1. Growth remains disappointingly sluggish in Thailand, with tourism and a modest fiscal bounce the...

CNY under pressure due to capital outflows

Aug 17, 2015 07:34 am UTC| Commentary

PBoC set the USD-CNY fixing rate at 6.3969 this morning, compared with the previous fixing of 6.3912. Both CNY and CNH exchange rates were narrowly range traded last Friday and this morning. Ma Jun, chief economist of...

Pressure returns on EUR-CZK floor

Aug 17, 2015 07:31 am UTC| Commentary

Czech GDP data for Q2 turned out to be very strong. The economys GDP was 1 percent stronger than consensus expectation as it posted at 4.4% y/y growth. Although the strength of the economy through H1 reflects the sharp...

Australia's concerns towards risks from China to rise

Aug 17, 2015 07:16 am UTC| Commentary

The Reserve Bank of Australia (RBA) will release the minutes of its August meeting during the night. However, one should not read too much into these statements. For Australia, economic developments in China, its...

Japan’s economy declines in the 2nd quarter

Aug 17, 2015 07:13 am UTC| Commentary

Prime Minister Shinzo Abe and Bank of Japan (BoJ) Governor Haruhiko Kuroda are probably quite concerned about the success of Abenomics. Japanese growth is not picking up, in the second quarter, GDP contracted by 1.6%...

5081 5082 5083 5084 5085 5086 5087 5088 5089 5090

Economy

IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the global...

Philippines Current Account Deficit Seen at $19.1 Billion in 2026

The Bangko Sentral ng Pilipinas (BSP) expects the Philippines current account deficit to reach $19.1 billion in 2026, equivalent to 3.8% of the countrys gross domestic product (GDP), according to projections announced by...

RBA Signals More Rate Hikes as Inflation Risks Rise

The Reserve Bank of Australia (RBA) has indicated that further interest rate hikes remain possible as policymakers confront persistent inflation pressures and rising global costs, according to minutes from its September...

Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data

Gold prices rose on Tuesday as a softer U.S. dollar supported precious metals, although escalating Middle East tensions and expectations of further Federal Reserve interest-rate hikes continued to limit gains. Spot gold...

Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI

Asian currencies traded in narrow ranges on Tuesday as investors remained cautious ahead of crucial U.S. inflation data, while the U.S. dollar stayed near an 18-month high amid geopolitical tensions and sustained demand...

Politics

US Condemns China Sanctions on Taiwan Allies Belize and Paraguay

The Trump administration has criticized China for imposing sanctions on government ministers from Belize and Paraguay over their diplomatic relations with Taiwan, accusing Beijing of using coercion to undermine the...

Kim Jong Un Showcases ICBM Ahead of Possible Trump Meeting

North Korean leader Kim Jong Un visited a newly opened military museum showcasing advanced weapons, including an intercontinental ballistic missile (ICBM) capable of striking the United States, according to state media...

Trump Denies Russia and China Are Helping Iran in U.S. Conflict

U.S. President Donald Trump said Monday evening that he does not believe Russia or China is providing significant assistance to Iran in its ongoing conflict with the United States, despite reports suggesting both countries...

Most Americans Oppose Election Betting on Prediction Markets, Poll Finds

A majority of Americans oppose betting on US elections, military operations and government decisions through prediction markets, according to a Reuters/Ipsos poll, highlighting public concerns as regulators consider new...

Elon Musk Donates $366 Million to 2026 US Midterms

Elon Musk has poured approximately $366 million into the 2026 US midterm elections, making the Tesla and SpaceX CEO potentially the largest individual political donor of the election cycle as Republicans fight to retain...

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

Nvidia’s China AI Chip Market Share Falls to 34% as Huawei Gains Ground

Nvidias share of Chinas artificial intelligence chip market declined sharply during the first half of 2026 as U.S. export restrictions and growing competition from domestic semiconductor manufacturers reshaped the...

Samsung, SK Hynix Shares Plunge as China Chip Competition Grows

Shares of South Korean semiconductor giants Samsung Electronics and SK Hynix plunged on Tuesday, extending a steep selloff as investors weighed rising competition from Chinese memory chipmakers and growing uncertainty...

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Senior executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement in a shareholder dispute ahead of the companys planned Hong Kong initial public offering (IPO). According to...

Meta Launches Muse Wonder AI Models, Shares Rise 3.7%

Meta Platforms has unveiled its latest artificial intelligence models, Muse Wonder and Muse Wonder Full, marking a major step in the companys efforts to compete with leading AI developers. The announcement on Monday...

Epic Games Delays Disney Shooter, Shifts to AI-First Development

Epic Games has reportedly postponed the launch of its upcoming Disney multiplayer shooter as the Fortnite developer adopts an artificial intelligence-driven approach to game production, according to Bloomberg. The highly...