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

Become a contributor

Bookmark Econotimes

Commentary

Mon, Oct 12, 2026 02:40 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Daily outlook for AU rates

May 28, 2015 20:39 pm UTC| Commentary

Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.08% while the 10yr should open around 3.08%. The weak CAPEX report may excite market pricing for additional RBA rate cuts.AU swap yields 1-3 month:...

Daily outlook for NZ rates

May 28, 2015 20:38 pm UTC| Commentary

Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open down 2bp at 3.37% while the 10yr should open unchanged at 3.95%.NZ swap yields 1-3 month:...

Initial estimate of Russia's Q1 15 GDP points to better prospects

May 28, 2015 17:34 pm UTC| Commentary

While Russias monthly indicators released for Q1 15 highlighted pronounced negative dynamics, the initial estimates of quarterly GDP do not seem that bad (Rosstat: -1.9% yoy, SG: -2.7% yoy, CNS: -2.6% yoy).With contraction...

U.S. housing has an encouraging start to Q2

May 28, 2015 16:54 pm UTC| Commentary

U.S. pending home sales jumped 3.4% in April, tripling expectations, and are now 14.0% above a year ago, the most since September 2012.Gains werent limited to just one particular region. All four corners of the country saw...

Canada's current account deficit widens in Q1

May 28, 2015 16:32 pm UTC| Commentary

Canadas current account deficit widened to $17.5 billion in the first quarter of 2015 from $13.1 billion (revised from $13.9 billion) in the final quarter of 2014. The Q1 deterioration in Canadas international trade...

Canada small and medium-sized business confidence comes to a standstill in May

May 28, 2015 16:22 pm UTC| Commentary

The CFIB Business Barometer remained largely unchanged in May at 60.6, after declining to 60.5 the previous month. Keeping in mind that an index level in the range of 65 to 70 is usually observed when the economy is...

USD review

May 28, 2015 15:41 pm UTC| Commentary

Western Union:U.S. jobless claims unexpectedly rose but shouldnt deal a meaningful setback to the dollars resurgence as the underlying trend remained one of strength.Weekly jobless claims jumped to 282,000 from 275,000,...

5571 5572 5573 5574 5575 5576 5577 5578 5579 5580

Economy

UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks

British Finance Minister John Healey is set to emphasize fiscal discipline and economic resilience during the International Monetary Fund (IMF) and World Bank annual meetings in Bangkok this week, as governments confront...

Oil Prices Rise as Houthi Attacks Threaten Middle East Supply

Oil prices climbed on Monday as escalating Middle East tensions, renewed Houthi attacks on Saudi Arabia, and tanker incidents near the Strait of Hormuz heightened concerns over global crude supply disruptions. Brent crude...

Bank of America Predicts Yen Rebound as USD/JPY Faces Risks

The Japanese yens prolonged depreciation has been driven entirely by offshore trading activity since 2025, according to Bank of America (BofA), highlighting a significant shift in global foreign exchange market dynamics....

Deutsche Bank CEO Urges Faster German Economic Reforms

Deutsche Bank CEO Christian Sewing has urged the German government to accelerate economic reforms, warning that slow implementation and political compromises could weaken Germanys competitiveness and long-term growth...

Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal

US President Donald Trump has called for Ukraine to replace President Volodymyr Zelenskyy, deepening tensions between Washington and Kyiv over a controversial agreement allowing Russian diesel exports to global markets....

Politics

Panama Declares Emergency After 7.7 Earthquake Triggers 200 Aftershocks

Panama has declared a national state of emergency after a powerful 7.7-magnitude earthquake struck on Friday, causing widespread damage to homes, roads, and bridges across the countrys central provinces. Authorities have...

North Korea Fires Ballistic Missiles as Tensions With South Korea Escalate

North Korea launched multiple ballistic missiles toward the sea off its eastern coast on Monday, October 12, as military tensions with South Korea continued to intensify following a series of weapons tests and border...

Pakistan Declares Emergency in Khyber Pakhtunkhwa, Suspends Imran Khan’s PTI Government

Pakistan has declared a state of emergency in Khyber Pakhtunkhwa, suspending the provincial government controlled by jailed former Prime Minister Imran Khans Pakistan Tehreek-e-Insaf (PTI) party amid escalating political...

Djibouti Migrant Boat Capsizes, Killing 139 and Leaving 84 Missing

At least 139 migrants, including 15 children, have died after a boat carrying 305 people capsized off Djibouti while traveling to Yemen, according to the United Nations International Organization for Migration (IOM)....

Trump Sanctions International Criminal Court, Sparking EU Backlash

US President Donald Trumps administration has imposed sweeping sanctions on the International Criminal Court (ICC), escalating tensions with European allies and raising concerns about the future of international justice....

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

Moonshot AI Executives Seek Settlement Ahead of Hong Kong IPO

Executives at Chinese artificial intelligence startup Moonshot AI are reportedly negotiating a settlement with Recurrent.ai over allegations of misconduct, as the company prepares for its planned Hong Kong initial public...

Amazon in Talks to Acquire AI Startup Decart for $7 Billion

Amazon is reportedly negotiating a potential $7 billion acquisition of artificial intelligence startup Decart, signaling the technology giants growing ambitions in generative AI, real-time video processing, and advanced...

Yandex Data Center Hit by Drone Strike as Russia-Ukraine Cyber Infrastructure Attacks Escalate

Russian technology giant Yandex has suspended operations at a major data center in the Vladimir region following a drone strike, marking the third attack on its server infrastructure within four days as the Russia-Ukraine...

Apple Supplier Luxshare Sees Limited Impact From US Patent Probe

Chinese electronics manufacturer Luxshare Precision Industry expects minimal disruption to its business from a US patent infringement investigation involving power supply technology used in data centres. In a stock...

Elon Musk Eyes Semiconductor Manufacturing Expansion With $15 Billion Terrafab Project

Elon Musk believes his companies could eventually outperform established semiconductor manufacturers by developing more efficient chip production methods, although he cautioned that achieving this ambition could take...