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

Become a contributor

Bookmark Econotimes

Economy

Fri, Sep 18, 2026 01:54 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Shorten proposes investment bank to help Pacific nations' development

Oct 29, 2018 19:28 pm UTC| Insights & Views Economy

Bill Shorten is flagging that Labor would set up a government-backed infrastructure investment bank to promote concessional financing for nation-building projects in the Pacific. In a speech to the Lowy Institute on...

U.S. Treasuries suffer ahead of September personal spending data, FOMC members Evans’ speech

Oct 29, 2018 11:07 am UTC| Commentary Economy

The U.S. Treasuries suffered during late afternoon session Monday ahead of todays personal income and spending report for September that will confirm the monthly profile for consumer spending (which rose a robust 4.0...

German bunds slump ahead of October unemployment change, Eurozone October CPI data

Oct 29, 2018 10:23 am UTC| Commentary Economy

The German bunds slumped during European session Monday as investors wait to watch the countrys unemployment change data for the month of October, scheduled to be released on October 30 by 08:55GMT and eurozones consumer...

USD/INR likely to trade lower towards 73 level amid broad dollar weakness, RBI’s liquidity injection through OMOs: Scotiabank

Oct 29, 2018 09:01 am UTC| Commentary Economy

The USD/INR currency pair is expected to trade lower towards the 73 level amid a broad dollar weakness and the RBIs liquidity injection through open market operations (OMOs), according to the latest research report from...

JGB 10-year yield plunges following slight growth in September retail sales; BoJ’s monetary policy decision in focus

Oct 29, 2018 05:57 am UTC| Commentary Economy

The Japanese government 10-year bond yield plunged on the first trading day of the week Monday following slower rate of growth in the countrys retail sales for the month of September, albeit meeting market...

Australian bonds jump in silent session ahead of Q3 CPI data, RBA Assistant Governor Bullock’s speech

Oct 29, 2018 04:09 am UTC| Commentary Economy

Australian government bonds jumped across the curve during Asian session Monday amid a silent trading session that witnessed data of little economic significance ahead of the countrys consumer price inflation (CPI) data...

Vital Signs: Australia's 5% jobless rate is not full employment; pushing up interest rates would be wrong

Oct 28, 2018 13:14 pm UTC| Insights & Views Economy

According to ABS figures released last week, the unemployment rate in Australia has fallen to 5%. This isnt as low as the 3.7% level in the United States, but by historical standards it is low for us. We need to go back...

2681 2682 2683 2684 2685 2686 2687 2688 2689 2690

Economy

Supertanker Orders Surge as US-Iran War Reshapes Oil Trade

Shipowners are ordering supertankers at the fastest pace in at least 25 years as the US-Iran war disrupts traditional oil routes and increases demand for long-distance crude shipments. Signal Group data shows 217 Very...

US Stock Futures Rally as Markets Digest Fed Rate Hike

U.S. stock futures climbed sharply on Thursday as investors reassessed the Federal Reserves first interest rate increase in more than three years and Treasury yields retreated from recent highs. SP 500 and Dow Jones...

East Germany Narrows Economic Gap With West but Wealth Divide Persists

More than three decades after German reunification, the economy of former East Germany has made major progress toward matching the west, particularly in employment and household income. However, significant differences...

Trump Threatens EU Tariffs Over Canada Membership Proposal

U.S. President Donald Trump has threatened to impose steep tariffs on the European Union if Brussels moves ahead with a proposal to make Canada the blocs first associate member, raising the prospect of renewed trade...

BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation

The Bank of Japan is widely expected to raise interest rates by 25 basis points on September 18, as policymakers confront persistent inflation and prolonged weakness in the Japanese yen. The anticipated BOJ rate hike would...

Politics

ICE Agent Arrested in Minneapolis Over Venezuelan Man Shooting

A federal immigration officer accused of shooting and wounding a Venezuelan man during a Minneapolis immigration operation was arrested Wednesday, eight months after the incident became a focal point of controversy...

Paris Talks Focus on Lebanon Army Needs as UNIFIL Exit Looms

European and Arab military chiefs are set to meet in Paris on Thursday to assess the Lebanese Armed Forces military and financial needs as concerns grow over the planned withdrawal of U.N. peacekeepers and the risk of...

Trump Eyes End to Iran War, Plans Gulf Leaders Meeting

U.S. President Donald Trump said Wednesday that he hopes the seven-month war with Iran is approaching an end, as reports indicate he plans to meet Gulf leaders in New York next week to discuss the conflict and a potential...

US Allies Fear Trump Could Soften Taiwan Stance in Xi Talks

U.S. allies in Asia are increasingly concerned that President Donald Trump could soften Washingtons stance on Taiwan as he prepares to host Chinese President Xi Jinping on September 24, with trade and economic issues...

Australia Tightens Student Visa Rules, Targets Migration Cut by 2028

Australia is set to tighten immigration rules by restricting international students from bringing partners and children while studying, as the government seeks to reduce net overseas migration, according to media reports...

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

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...