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

Become a contributor

Bookmark Econotimes

Commentary

Mon, Apr 20, 2026 02:25 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

China's local government likely to restructure debt

Jun 25, 2015 10:28 am UTC| Commentary

The grand plan for local government debt restructuring is quite clear now. The central government has probably finalised the count of total local government debt and should make an announcement soon, says Societe Generale....

China's fiscal reform to bring more credit risk

Jun 25, 2015 10:28 am UTC| Commentary

The fiscal reform has started to limit local governments ability to extend credit guarantees at a time of slowing domestic growth and tightening global liquidity. Local governments have played a critical role along the...

China's domestic financial system funds over 95% of all debt, dominated by state-owned institutions

Jun 25, 2015 10:21 am UTC| Commentary

Chinas Policy and state-owned banks account for over 60% of total banking, and own close to 60% of all domestic non-financial bonds.Even in the shadow banking system, a majority of the big players, including trust and...

China to go through debt restructuring

Jun 25, 2015 10:14 am UTC| Commentary

Over the coming decade, the Chinese economy will go through a phase of intense reform, debt restructuring will be part of the transformation and has already begun in earnest.The state sector, including state-owned...

No clear direction on the cotton market

Jun 25, 2015 09:48 am UTC| Commentary

The cotton price has been fluctuating within a sideways trend in recent weeks. The most-active contract (due in December) is currently priced at a good 64 US cents per pound.The cotton market appears to be lacking any...

Gold price still not profiting from Greek debt crisis

Jun 25, 2015 09:43 am UTC| Commentary

The gold price initially dipped below $1,170 per troy ounce to hit a three-week low yesterday despite hopes of an imminent agreement in the debt dispute with Greece being dampened. Gold only managed to recoup some of its...

Bangko Sentral ng Pilipinas remains comfortable with policy stance

Jun 25, 2015 09:36 am UTC| Commentary

BSP kept its policy rate unchanged at 4.00%, and also left SDA rates at 2.50%.The BSP did cut its inflation forecasts, with 2015 now expected at 2.1% (previously: 2.3%; Barclays: 2.0%), and 2016 inflation at 2.5%, but the...

5411 5412 5413 5414 5415 5416 5417 5418 5419 5420

Economy

Morgan Stanley Warns Against Overestimating EV Demand Boost from Rising Oil Prices

Morgan Stanley is urging caution among investors who believe that surging oil prices will automatically trigger a rapid recovery for South Korean battery manufacturers. While recent headlines have painted an optimistic...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Stocks Surge as Strait of Hormuz Reopens, Oil Prices Plunge

U.S. stock markets closed sharply higher on Friday as easing Middle East tensions and the temporary reopening of the Strait of Hormuz sent investor confidence soaring. The SP 500 gained 1.2% to finish at 7,125.36, the...

Oil Prices Plunge as Strait of Hormuz Reopens Amid U.S.-Iran Ceasefire Talks

Global oil prices fell sharply on Friday after Iran and the United States jointly announced the temporary reopening of the Strait of Hormuz, easing fears over a major disruption to the worlds oil supply. Brent crude...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

Trump's Iran Claims Spark Market Confusion Over Strait of Hormuz

Global financial markets and world leaders are navigating a wave of cautious optimism mixed with uncertainty after President Donald Trump announced a breakthrough in U.S.-Iran negotiations, including what he described as...

Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos

Anthropic CEO Dario Amodei sat down with senior Trump administration officials last Friday in what analysts are calling a pivotal move to repair a strained relationship between the AI company and the federal government....

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

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch

A U.S. trade tribunal sided with Apple on Friday, rejecting Masimo Corporations push to reinstate an import ban on Apple Watch. The U.S. International Trade Commission chose not to review an earlier judges ruling that...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...