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

Become a contributor

Bookmark Econotimes

Economy

Sun, Sep 20, 2026 08:04 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Budget explainer: why the federal budget falls in May

Mar 24, 2016 00:15 am UTC| Politics Economy

Prime Minister Malcolm Turnbulls decision to bring forward the 2016 budget statement by one week to May 3 paves the way for the passing of supply bills, in case an election is called on May 11. The normal budget date...

Urbanisation in developing countries: a completely different kettle of fish

Mar 23, 2016 16:58 pm UTC| Insights & Views Economy

The patterns of urbanisation in the developing world in the past few decades have diverged significantly from historical trends. For the developed world, significant urbanisation was associated with industrialisation. With...

Why developing countries are dumping investment treaties

Mar 23, 2016 16:15 pm UTC| Insights & Views Economy

Bilateral investment treaties have been a source of political controversy in recent years. This is clear from the alarming increase in the number of disputes between investors and governments. The treaties create an...

The two big failures of George Osborne's budget

Mar 23, 2016 16:02 pm UTC| Politics Economy

After a rollercoaster week for Britains chancellor, his eighth budget has been approved. George Osborne will be breathing a sigh of relief. After proudly announcing his budget on March 16, things began to unravel just 48...

Worrying over GPIF allocations, Nikkei and Abe’s election ahead

Mar 23, 2016 12:12 pm UTC| Economy

Worlds biggest Pension fund, Japans GPIF could be in troubled water this year and that is due to its venture to riskier assets back in 2014, when Bank of Japan (BOJ), increased its monetary stimulus by another 10 trillion...

UK manufacturing sector remains mired in recession, turnaround expected

Mar 22, 2016 15:51 pm UTC| Commentary Economy

UK manufacturing output saw its biggest drop since 2009. Data released on Monday by the Confederation of British Industry showed that Britains manufacturing sector remains mired in recession following months of weak demand...

Eurozone growth turns higher for first time in three months

Mar 22, 2016 14:58 pm UTC| Commentary Economy

Markits flash Eurozone PMI data released on Tuesday, showed that Eurozone economy regained some momentum at the end of the first quarter, expanding at the fastest rate since December. Flash Eurozone PMI rose from 53.0 in...

3541 3542 3543 3544 3545 3546 3547 3548 3549 3550

Economy

Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says

The Federal Reserves latest interest rate hike could deepen the U.S. housing downturn while making economic growth increasingly reliant on artificial intelligence investment, according to Citi Research. The Fed raised its...

Strait of Hormuz Oil Shipments Hit Six-Month High as U.S. Clears Mines

Oil and liquefied natural gas shipments through the Strait of Hormuz have climbed to a six-month high over the past two weeks, as U.S.-led naval escorts and mine-clearing operations improve access to the critical energy...

Bessent, He Lifeng to Discuss AI Security and Trade in New York

U.S. Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng in New York on Sunday for talks covering artificial intelligence security, trade and other major economic issues, according to a person...

Canada Eyes India Trade Deal by Year-End

Canada is increasingly optimistic that it can finalize a comprehensive economic partnership agreement (CEPA) with India before the end of the year, with energy, nuclear power and critical minerals emerging as major areas...

Mexico Pushes for US Trade Deal Before Midterms

Mexican President Claudia Sheinbaum said Friday that her government is working to secure a trade agreement with the United States as quickly as possible, following what she described as a productive conversation with U.S....

Politics

Germany’s Carsten Breuer Elected Next NATO Military Committee Chair

German General Carsten Breuer has been elected as the next chair of the NATO Military Committee, putting Germanys chief of defence in line to become the alliances most senior military officer. Chiefs of defence from NATOs...

Turkey Ready to Aid Saudi Arabia Under Defence Pact as Houthi Attacks Escalate

Turkish Foreign Minister Hakan Fidan said Saturday that Ankara is prepared to help Saudi Arabia meet potential military needs as Houthi attacks intensify, citing a trilateral defence agreement between Turkey, Saudi Arabia...

US, Denmark and Greenland Reach Deal to Expand American Military Presence

The United States, Denmark and Greenland have reached an agreement allowing Washington to expand its military presence in Greenland while restricting US adversaries from establishing bases or making sensitive investments...

Israeli Strikes Across Gaza Leave at Least Three Dead

Israeli airstrikes killed at least three Palestinians across the Gaza Strip on Saturday, according to Palestinian health officials, as violence continued despite a U.S.-brokered ceasefire. One Israeli strike near the...

Trump Plans Federal AI Force and AI Czar

U.S. President Donald Trump said Saturday that he plans to create a federal AI Force and appoint an artificial intelligence czar, outlining an effort to accelerate U.S. AI development while using existing laws to address...

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

SpaceX Nasdaq 100 Weight to More Than Double in Rebalance

SpaceX is set to gain significantly more influence in the Nasdaq 100 Index when the benchmark completes its quarterly rebalance on Monday, with the companys weighting expected to more than double. According to Bloomberg,...

Westinghouse Targets $50 Billion Valuation in U.S. IPO

Westinghouse Electric Co. is seeking a valuation of more than $50 billion for its planned U.S. initial public offering, as the nuclear technology company moves closer to a public market debut amid growing interest in...

NASA, Boeing Discuss Expanding Starliner Missions

NASA is holding discussions with Boeing about expanding the use of its Starliner spacecraft for future missions, potentially giving the troubled vehicle a larger role in U.S. human spaceflight plans. The space agency and...

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...