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

Become a contributor

Bookmark Econotimes

Commentary

Mon, Dec 22, 2025 11:32 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

SEK: Another cut to thwart currency strength

Jul 02, 2015 10:21 am UTC| Commentary

In todays updated quarterly forecasts, the Riksbank raised its headline inflation estimate for 2015 from 0.1% to 0.3% and for 2016 from 1.9% to 2.1%. The GDP growth forecast wasraised for this year to 3.2% from 2.7% and...

Tight UK fiscal policy should keep EUR/GBP depreciation moderate

Jul 02, 2015 10:14 am UTC| Commentary

The GBP strength likely reflects the removal of a significant portion of UK political uncertainty just as euro area political risks have intensified. Although UK economic growth should remain higher than that of the euro...

Global and technical factors driving yen depreciation

Jul 02, 2015 10:05 am UTC| Commentary

JPY depreciation has been driven more by global and technical factors. JPY appreciation into late January was driven by the EUR selloff and falls in global bond yields on expectations of QE by the ECB.These "ECB QE trades"...

Gold price falls to 3.5-month low

Jul 02, 2015 09:28 am UTC| Commentary

Even the latest twists and turns of Greek Prime Minister Tsipras did not give rise to any serious fluctuations on the gold market yesterday. Good US employment figures had a greater impact, on the other hand, as they...

US crude oil production rose to 44-year high in April

Jul 02, 2015 09:21 am UTC| Commentary

Oil prices found themselves under considerable selling pressure yesterday. Brent fell by 2.5% to $62 per barrel ad WTI even shed 4.2% to reach $57 per barrel, its most pronounced daily decrease in nearly three months and...

Different price direction of coffee and sugar

Jul 02, 2015 09:18 am UTC| Commentary

The coffee price likewise came under pressure yesterday. Arabica coffee fell by 4.1% during trading yesterday to close at 127 US cents per pound.One of the reasons for the pronounced fall was the weaker Brazilian real...

Price correction in wheat due to higher US stocks and higher US acreage

Jul 02, 2015 09:14 am UTC| Commentary

After having risen sharply in recent days, the price of US wheat found itself under significant pressure yesterday and fell by 4.4% to 588 US cents per bushel.This was clearly the prices response delayed by one day to the...

5361 5362 5363 5364 5365 5366 5367 5368 5369 5370

Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Zelenskiy Says Ukraine Peace Talks With U.S. and Europe Near Breakthrough

Ukrainian President Volodymyr Zelenskiy said negotiations involving Ukraine, the United States, and European nations aimed at ending the nearly four-year war with Russia are approaching a decisive outcome, signaling...

Protests Erupt in Albania as Corruption Allegations Rock Government

Violent protests erupted in Albanias capital Tirana on Monday after demonstrators hurled petrol bombs at a government building that houses the office of Prime Minister Edi Rama. The unrest comes amid growing political...

Trump Appoints Jeff Landry as Greenland Envoy, Sparking Diplomatic Backlash from Denmark

U.S. President Donald Trump has reignited international controversy by appointing Louisiana Governor Jeff Landry as his special envoy to Greenland, a move that has drawn sharp criticism from both Denmark and Greenland. The...

Netanyahu to Raise Iran Nuclear Concerns in Upcoming Meeting With Trump

Israeli Prime Minister Benjamin Netanyahu said he will discuss Irans nuclear activities and regional security challenges during his visit next week to Washington, where he is scheduled to meet U.S. President Donald Trump....

US Coast Guard Intensifies Operations Against Venezuelan Oil and Drug Trafficking Networks

The United States Coast Guard has significantly expanded its maritime operations targeting vessels allegedly involved in drug trafficking and the transportation of Venezuelan crude oil, as part of a broader strategy to...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...