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

Become a contributor

Bookmark Econotimes

Economy

Wed, Sep 09, 2026 06:26 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Oil Prices Rise on U.S.-EU Trade Deal Hopes and Russia Deadline Pressure

Jul 29, 2025 01:41 am UTC| Economy

Oil prices continued their upward momentum on Tuesday, supported by optimism over global trade developments and heightened geopolitical tensions. Brent crude futures climbed 0.34% to $70.28 per barrel, while U.S. West...

U.S. Weighs Myanmar Rare Earth Strategy Amid Rivalry With China

Jul 29, 2025 01:23 am UTC| Politics Economy

The Trump administration is exploring proposals to secure Myanmars rare earth minerals, aiming to reduce U.S. dependence on China, which controls nearly 90% of global rare earth processing. Discussions remain preliminary...

There’s enough natural hydrogen in the Earth’s crust to help power the green energy transition

Jul 28, 2025 12:48 pm UTC| Insights & Views Economy

Since their formation billions of years ago, the oldest parts of the Earths continental rocks have generated natural hydrogen in massive amounts. Some of this hydrogen may have accumulated within accessible traps and...

Bank of England Expected to Slow Quantitative Tightening Amid Market Pressures

Jul 28, 2025 05:20 am UTC| Economy Central Banks

The Bank of England (BoE) is anticipated to ease the pace of its quantitative tightening (QT) as it prepares to cut interest rates to 4% on August 7. Economists expect the policy statement to outline the central banks...

Asian Currencies Steady Ahead of Fed, BOJ Meetings and U.S.–China Trade Talks

Jul 28, 2025 05:13 am UTC| Economy

Asian currencies traded largely flat on Monday as investors awaited a busy week marked by key interest rate decisions from the U.S. Federal Reserve and the Bank of Japan, renewed U.S.China trade negotiations, and a looming...

Malaysia Cuts 2025 Growth Forecast Amid U.S. Tariff Risks

Jul 28, 2025 05:11 am UTC| Economy

Malaysias central bank has revised its 2025 economic growth forecast to 4%4.8%, down from its earlier estimate of 4.5%5.5%, citing rising global trade and tariff uncertainties. Bank Negara Malaysia (BNM) stated that while...

Indian Rupee Faces Fed Decision and Trade Deadline Pressures

Jul 28, 2025 05:09 am UTC| Economy

The Indian rupee and government bonds are expected to remain volatile this week as traders eye key global and domestic events, including the U.S. Federal Reserve policy decision and the August 1 reciprocal tariff deadline....

521 522 523 524 525 526 527 528 529 530

Economy

Japanese Yen Nears Seven-Month High as Oil Approaches $100

The Japanese yen held near its strongest level since February on Wednesday, pressuring the U.S. dollar as escalating Middle East tensions pushed oil prices toward $100 a barrel and investors prepared for major central bank...

US Bans Canadian Alcohol, Motorcycles as Trade War Escalates

The United States has announced sweeping import bans on Canadian alcoholic beverages, motorcycles and some dairy products, escalating a trade dispute between the longtime North American allies. The restrictions, announced...

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...

Politics

Trump’s ‘New America’ Proposal Draws Backlash in New Mexico

President Donald Trumps proposal to rename New Mexico as New America has sparked criticism from residents and political leaders who say the move threatens to erase centuries of history and cultural identity. Trump, a...

US Judge Dismisses Imran Ahmed Deportation Lawsuit

A federal judge in New York has dismissed a lawsuit filed by British anti-disinformation campaigner Imran Ahmed challenging the Trump administrations authority to detain and deport him, potentially clearing the way for...

Iran Strikes U.S.-Used Jordan Base as Gulf War Escalates

Irans Islamic Revolutionary Guard Corps (IRGC) launched ballistic missiles at a military base in Jordan used by U.S. forces and said it attacked 10 ships near the Strait of Hormuz on Wednesday, marking a sharp escalation...

U.S. Envoy Warns Taiwan Conflict Could Devastate Global Economy

A military conflict across the Taiwan Strait could inflict greater damage on the global economy than World War Two, the top U.S. diplomat in Taipei warned on Wednesday, highlighting the importance of an upcoming U.S.-China...

Trump Hails AfD Election Win, Blames Germany Immigration Rules

U.S. President Donald Trump praised the Alternative for Germany (AfD) after the far-right party secured a major victory in a state election, linking its strong performance to growing dissatisfaction with Germanys...

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

Kioxia Rules Out SK Hynix Manufacturing Partnership

Kioxia Holdings CEO Hiroo Ota has ruled out closer manufacturing cooperation with South Korean memory chipmaker SK Hynix, pointing to antitrust concerns and complications involving Kioxias existing production partnership...

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...