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

Become a contributor

Bookmark Econotimes

Economy

Wed, Sep 09, 2026 05:21 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Japan Signals Possible Extra Budget to Counter U.S. Tariff Impact

Aug 04, 2025 04:41 am UTC| Politics Economy

Japanese Prime Minister Shigeru Ishiba said Monday the government may compile an extra budget to offset economic pressures from U.S. tariffs, a move that could further strain Japans already fragile public finances....

RBI Poised to Hold Rates as US Tariffs Raise Growth Risks

Aug 04, 2025 04:39 am UTC| Economy Central Banks

The Reserve Bank of India (RBI) is widely expected to keep its repo rate unchanged at 5.50% on Wednesday, but chances of another rate cut have risen after the U.S. imposed steep tariffs on Indian exports last week....

Asian Currencies Edge Higher as Dollar Weakens After Soft U.S. Jobs Data

Aug 04, 2025 04:37 am UTC| Economy

Most Asian currencies strengthened on Monday as the U.S. dollar extended losses following weaker-than-expected nonfarm payrolls data, which raised uncertainty over the U.S. economy and interest rate outlook. The greenback...

Citi Lifts Gold Price Forecast to $3,500 Amid Weaker U.S. Outlook and Tariff Concerns

Aug 04, 2025 04:35 am UTC| Insights & Views Economy

Citi raised its three-month gold price forecast to $3,500 per ounce from $3,300, projecting a trading range of $3,300$3,600, citing a deteriorating U.S. growth and inflation outlook. The bank expects U.S. tariff-related...

Goldman Sachs Maintains Brent Oil Forecast Amid Rising Geopolitical and Economic Risks

Aug 04, 2025 02:27 am UTC| Economy Insights & Views

Goldman Sachs has reaffirmed its oil price outlook, projecting Brent crude to average $64 per barrel in Q4 2025 and $56 in 2026, but warned of growing risks to its baseline forecast. The bank noted that increasing...

Rupee Under Pressure Ahead of RBI Policy Decision Amid U.S. Tariff Concerns

Aug 04, 2025 02:23 am UTC| Economy

The Indian rupee is expected to remain under pressure this week as steep U.S. tariffs on Indian exports and the Reserve Bank of Indias (RBI) upcoming policy decision weigh on sentiment. The rupee closed at 87.54 per U.S....

Asian Stocks Slip as Weak U.S. Jobs Data Fuels Rate Cut Bets

Aug 04, 2025 01:09 am UTC| Economy

Asian markets fell Monday, mirroring Wall Streets decline, as concerns over the U.S. economy intensified following a weaker-than-expected July jobs report. Investors now see a 90% chance of a September Federal Reserve rate...

511 512 513 514 515 516 517 518 519 520

Economy

Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation

Oil prices extended their rally during Asian trading on Wednesday, with Brent crude approaching the key $100-per-barrel level as escalating U.S.-Iran tensions fueled concerns over Middle East oil supplies and shipping...

Asian Stocks Mixed as AI Chip Rally Meets Oil Surge

Asian stocks traded mixed on Wednesday as semiconductor shares extended gains on strong artificial intelligence demand, while rising oil prices and escalating Middle East tensions fueled concerns about inflation and higher...

Asian Stocks Mixed as Korean Chipmakers Rally

Asian stocks traded mixed on Tuesday as strong gains in South Korean semiconductor shares boosted the regions technology sector, while rising oil prices, higher U.S. Treasury yields and expectations for tighter monetary...

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

Politics

Xi, Putin Reaffirm Ties With North Korea on Founding Anniversary

Chinese President Xi Jinping and Russian President Vladimir Putin reaffirmed their countries close strategic relationships with North Korea as Pyongyang celebrated the 78th anniversary of its founding, North Korean state...

FDA Names Permanent Drug and Biologics Center Chiefs

The U.S. Department of Health and Human Services on Tuesday named permanent leaders for two major Food and Drug Administration centers responsible for overseeing drugs, vaccines and other biological products, as the agency...

Trump Administration Removes Confederate Memorial Criticism From Arlington Website

President Donald Trumps administration has removed language criticizing the Confederate Memorial that once stood at Arlington National Cemetery, according to archived versions of the cemeterys website. The deleted material...

Trump Rallies Republicans at Dallas Midterm Convention

President Donald Trump and the Republican Party will hold an unusual national convention in Dallas this week, hoping the high-profile event can energize GOP voters ahead of the November 3 midterm elections and help...

Trump Threatens Bombardier U.S. Sales Ban

U.S. President Donald Trump threatened to block Canadian aircraft maker Bombardier from selling planes in the United States unless the company expands its manufacturing operations in the country, escalating tensions...

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

Qualcomm Stock Jumps on Amazon AI Chip Deal

Qualcomm Technologies (NASDAQ: QCOM) shares surged 9.5% after the chipmaker announced a multi-generational partnership with Amazon to develop custom silicon and high-speed optical connectivity technology for artificial...

Google Revamps EU Search Results to Meet DMA Rules

Alphabets Google has introduced major changes to its search results in Europe as it seeks to comply with European Union antitrust rules under the Digital Markets Act (DMA). Google said Tuesday that the overhaul represents...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...