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

Become a contributor

Bookmark Econotimes

Commentary

Thu, Apr 23, 2026 01:46 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oversupply puts refinery margins of diesel under pressure

Jul 21, 2015 09:26 am UTC| Commentary

Saudi Arabia has likewise evolved to become a major net exporter of oil products, because it has also invested hugely in expanding refinery capacities in the meantime,The distillates market in particular is being flooded...

Record-high diesel exports by China in June, oversupply of oil to weigh on prices

Jul 21, 2015 09:21 am UTC| Commentary

Oil prices are still showing a tendency towards weakness. Brent is trading at below $57 per barrel, while WTI has dipped below the $50 per barrel mark for the first time since the beginning of April.The prospect of ongoing...

Norges Bank to cut rates in September

Jul 21, 2015 09:16 am UTC| Commentary

Norges Bank cut rates as expected in June and presented a quite dovish rate path. The rate path indicates 2/3 probability of a rate cut in September."A rate cut is expected, but Norges Bank is not expected to signal this...

Riksbank to stay on hold in July

Jul 21, 2015 09:11 am UTC| Commentary

The Riksbank is determined to boost inflation ahead of the upcoming pay talks. Inflation has indeed risen over the past year and was higher than the Riksbanks view in May. The Riksbank is expected to stay on hold in...

BoE to start hiking rates at the end of 2015

Jul 21, 2015 09:07 am UTC| Commentary

The UK labour market is strong and real wages will continue to pick up gradually as the labour market tightens further."Thus, despite below-target inflation, it is forecasted that the BoE will start hiking rates at the end...

BoJ likely to expand QQE programme in Q4

Jul 21, 2015 08:58 am UTC| Commentary

The BoJ is expected to expand its open-ended QQE programme in Q4 2015 by increasing the monetary base by JPY 90trn (18% of GDP) per year. Currently the monetary baase per year is JPY 80trn.Even with a rebound in oil...

US economy to regain momentum in Q3

Jul 21, 2015 08:54 am UTC| Commentary

Recent data suggest that the US economy is regaining momentum after the weakness in Q1. Fed lift-off will come at the September FOMC meeting, but risks remain skewed towards a later hike (December)."The upper end of the...

5241 5242 5243 5244 5245 5246 5247 5248 5249 5250

Economy

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High

Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

Politics

Syrian Asylum Rejections Rise in Europe as Minority Safety Concerns Persist

A growing number of Syrian asylum seekers are facing rejection across Europe despite ongoing security concerns, particularly among minority groups. After the fall of former President Bashar al-Assad and the end of Syrias...

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

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 Expands AI Training With Employee Activity Tracking Tools

Meta is advancing its artificial intelligence strategy by introducing new internal tracking software designed to capture employee interactions on workplace systems. The initiative, known as the Model Capability Initiative...

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...