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

Become a contributor

Bookmark Econotimes

Economy

Sat, Dec 28, 2024 01:54 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

U.K. housing construction supported by strong demand

Oct 02, 2015 04:44 am UTC| Commentary Economy

U.K. housing construction data is scheduled to release today. The construction PMI paints a clear picture of the housing sector leading the pack, followed by commercial construction with civil engineering a distant...

Japan faces risk of a technical recession

Oct 01, 2015 23:05 pm UTC| Commentary Economy

The risk of a technical recession has emerged due to the weakness in recent data. Industrial production contracted 0.5% (MoM sa) in Aug15, the second consecutive month of decline, reflecting the deterioration in exports...

Korea's inventory overhang improves a little

Oct 01, 2015 03:34 am UTC| Commentary Economy

The persistent sluggishness in the trade performance and the large inventory overhang in autos and electronics increase the likelihood that Q3 GDP growth may undershoot the official expectations of at least 1% q/q...

Asian stocks rise amid mixed factory data

Oct 01, 2015 03:11 am UTC| Economy

A solid close on Wall Street overnight translated into somewhat softer gains in Asia on Thursday morning. Asian markets were generally higher on Thursday, with a slew of manufacturing data from the region prompting little...

Turkish economy is positioned to stage a modest recovery

Sep 30, 2015 22:59 pm UTC| Commentary Economy

The Turkish economy is positioned to stage a modest recovery growing at an annual average rate of 3.3% in 2015- 16, up from 2.9% in 2014. The Central Bank of the Republic of Turkeys (CBRT) recognizes that external economic...

Euro zone economic recovery has proven quite resilient this year

Sep 30, 2015 21:41 pm UTC| Commentary Economy

The euro zone economic recovery has proven quite resilient this year, despite turmoil in Greece, slower growth in emerging markets and recurring global commodity price shocks. Incoming business surveys continue to point to...

Brazil has become the centre of financial market turmoil in Latin America

Sep 30, 2015 21:31 pm UTC| Commentary Economy

The Brazilian real (BRL) is under escalating negative pressure fuelled by a complex domestic economic and political environment and adverse external factors. After touching 4.25 per US dollar (USD) in what many analysts...

2811 2812 2813 2814 2815 2816 2817 2818 2819 2820

Economy

Trump Pushes Supreme Court to Delay TikTok Ban as January Deadline Looms

President-elect Donald Trump has urged the Supreme Court to delay the January deadline for TikToks potential ban or sale, arguing his incoming administration should have the opportunity to resolve the matter politically....

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...

Greater Odds For Apple And ByteDance As $22 Billion AI Expansion Fuels Doubao In China

ByteDance is boosting its 2025 capital expenditure to $22 billion, aiming to expand AI capacity for Doubao, one of the most popular generative models after ChatGPT. Industry analysts believe Apple may partner with...

Bezos’ Blue Origin FAA Approval Paves Way for New Glenn Rocket Launch in Space Race

The FAA has approved Blue Origins New Glenn rocket, allowing Jeff Bezos space company to compete in critical national security satellite launches. FAA Grants Blue Origin License for New Glenn Rocket Launch On Friday, the...

What OpenAI’s Public Benefit Shift Means for the Future of AI

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit Corporation...

Politics

Trump Threatens European Union with Tariffs Over Oil and Gas Imports: Buy American or Pay the Price

Former President Donald Trump has reignited trade tensions with the European Union, demanding that the EU buy more American-made oil and gas or face tariffs. This demand, made public through Trumps recent remarks, has...

Justin Trudeau Could Become U.S. President in 2028 If Canada Becomes America’s 51st State

As political conversations heat up regarding the future of North America, an unexpected possibility is emerging: Justin Trudeau, the current Prime Minister of Canada, could become the President of the United States in...

George Clooney's Political Ambitions Will Crash After Kamala Harris' 2025 Presidential Loss, Psychics Predict

In 2025, psychics predict that actor George Clooney will take a major step into politics, spurred by the fallout from Kamala Harris surprising loss in the presidential election. Clooney, who has long been a supporter of...

Robert F. Kennedy Jr., Cheryl Hines Divorce in 2025? Psychics Predict RFK Jr. Faces Split Next Year Due to His Blind Ambition and Disastrous Indiscretions

In 2025, psychics are predicting that Robert F. Kennedy Jr.s personal life will take a dramatic turn as his marriage to actress Cheryl Hines will reportedly come to an end. Multiple psychics claim that Hines, who has stood...

Vladimir Putin to Die in 2025? Psychics Predict Russian Leader Will Be Assassinated by High-Ranking Official Over Nuclear Fears

As 2025 approaches, psychics around the world are making chilling predictions regarding Russian President Vladimir Putins future. According to multiple sources, several prominent psychic figures believe that Putin will be...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

Massive Chrome Extension Breach Exposes Data Security Risks Across Companies

In an alarming cybersecurity breach, hackers compromised Chrome extensions of multiple companies, including Cyberhaven, to access sensitive data. The attack, ongoing since December, highlights vulnerabilities in browser...

Tech Stocks Drag US Markets Down Amid Treasury Yield Surge and Inflation Concerns

U.S. markets tumbled Friday as tech stocks led the selloff, with Apple, Tesla, and NVIDIA sliding amid a Treasury yield surge to 4.64%, sparking fears of inflation and higher borrowing costs. Tech Stocks Lead Market...

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...