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

Become a contributor

Bookmark Econotimes

Commentary

Wed, Apr 22, 2026 04:03 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

RBA monetary policy: Assessing future bias

Dec 04, 2018 12:11 pm UTC| Commentary Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate unchanged at 1.5 percent at todays policy meeting. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA...

Brexit Series: ECJ Advocate General says UK can unilaterally revoke Article 50

Dec 04, 2018 11:52 am UTC| Commentary

The advocate general of the European Court of Justice released his opinion today and according to the advocate general, the United Kingdom can unilaterally revoke the Article 50, without any prior approval from the...

U.S. Treasuries gain after U.S.-China trade talk effect fades; 3y/5y yield spread inverts first time in 10 years

Dec 04, 2018 11:31 am UTC| Commentary Economy

The U.S. Treasuries gained during late afternoon session Tuesday as investors shifted away from safe-haven assets after enjoying a solid rally yesterday, owing to the Saudi-Russia deal to work together this week to manage...

UK gilts trade mixed after November construction PMI remains tad higher amid Brexit dilemma

Dec 04, 2018 10:56 am UTC| Commentary Economy

The United Kingdoms gilts traded mixed during Tuesdays afternoon session after the countrys construction PMI for the month of November remained tad higher, also slightly above market expectations as well amid ongoing...

Oil in Global Economy Series: Qatar to face retaliation over decision to quit OPEC

Dec 04, 2018 09:18 am UTC| Commentary

Qatari energy minister surprised markets participants, as well as OPEC (Organization of Petroleum Exporting Countries) members by abruptly announcing yesterday in a press conference in Doha that in the coming January,...

FxWirePro: Dollar continues to dominate as preferred currency for global payments

Dec 04, 2018 08:34 am UTC| Commentary

Despite warnings from any analysts against the demise of the U.S. dollar as the global reserve currency amid the rise of the euro, Chinese yuan, and United States excessive use of dollar-based sanction on many countries...

RBA seen on hold for extended period; much to depend on developments in labour, housing markets: St. George Economics

Dec 04, 2018 08:33 am UTC| Commentary Economy Central Banks

The Reserve Bank of Australia (RBA) is expected to remain on hold for an extended period of time; however, this is not a universal view held in financial markets but much could depend on developments in the labour and...

691 692 693 694 695 696 697 698 699 700

Economy

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...

U.S. Stock Futures Rise as Trump Extends Iran Ceasefire, Easing Market Tensions

U.S. stock index futures moved higher evening after President Donald Trump announced an indefinite extension of a ceasefire with Iran, calming investor fears about escalating geopolitical tensions in the Middle East. The...

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...

Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty

Paraguays central bank has decided to keep its benchmark interest rate unchanged at 5.5% for the second straight month, signaling confidence in the countrys stable inflation outlook despite ongoing global economic...

Politics

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...

Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

Pakistans Prime Minister Shehbaz Sharif has expressed appreciation to former U.S. President Donald Trump for agreeing to extend the ceasefire in the ongoing U.S.-Israeli conflict involving Iran. The decision aims to...

Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

Argentine President Javier Milei announced plans to introduce a sweeping electoral reform bill to Congress, aiming to reshape the countrys political landscape and voting system. The proposal, set to be submitted on...

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

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...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...