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

Become a contributor

Bookmark Econotimes

Insights & Views

Fri, Sep 27, 2024 10:09 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Greek 'No' votes spurs risk-off sentiments in Euro zone; focus shift towards EM FX spot

Jul 06, 2015 12:21 pm UTC| Insights & Views

Greece issue continued to remain at the centre-stage. In a latest development, Yanis Varoufakis resigned from the Greek finance ministry.EURINR: We believe the INR will weather Fed lift off-driven disruptions better than...

FxWirePro: Sell Yen against INR and dollar as risk aversion retreats

Jul 06, 2015 11:40 am UTC| Insights & Views

Yen failed to gain traction after initial gap up against most of the currencies today. Investors, unlike last weekend, were well prepared for the outcome since polls were pointing to a very close call. Unexpected...

Fragile EuroZone conditions provide better prospects for China

Jul 06, 2015 11:39 am UTC| Insights & Views

After long lasting Greece turmoil institutional investors have been little cautious on euro zone and seemed to have shifted their focus on Ems. China has been one among targeted destination. The PBoCs policy measures...

Merkel takes hard stance after Greek vote

Jul 06, 2015 11:29 am UTC| Insights & Views

Growing frustration in Germany and increasing calls for push Greece out of Euro has prompted German Chancellor Angela Merkel to take hard stance towards Greece, after voters overwhelmingly rejected the proposed bail out on...

FxWirePro: Both speculating and hedging worth on USD/CAD binary calls and costless collars

Jul 06, 2015 10:44 am UTC| Insights & Views

Spectacular speculating opportunities seen in USD/CAD binary calls as implied volatility is increased on the verge of Iveys PMI on Canadian side and ISM non-manufacturing PMI from US side. Buying binary call at every dips...

Greeks voted OXI, Euro says OK

Jul 06, 2015 10:24 am UTC| Insights & Views

Stunning European leaders and most of the analysts, Greek people by overwhelming majority voted OXI, which means NO. Thus the final proposal presented by Euro zone creditors got rejected, despite plenty of warnings that it...

After debt default and referendum, all eyes on EU summit

Jul 06, 2015 10:02 am UTC| Insights & Views

Greek voters have now said that no to the economic demands of its international creditors, the fate of the countrys struggling banks is in the hands of the European Central Bank. Also, the referendum will likely be...

2691 2692 2693 2694 2695 2696 2697 2698 2699 2700

Economy

Tokyo's Core Inflation Hits BOJ's 2% Target, Boosting Rate Hike Expectations for 2024

Core inflation in Tokyo met the Bank of Japans 2% target for September, marking significant progress toward the central banks inflation goal. Analysts predict that the robust reading may lead to another interest rate hike...

Argentina’s Poverty Rate Surges Past 50% as Milei’s Austerity Measures Deepen Economic Struggles

Argentinas poverty rate has surged to 52.9%, its highest level since the 2001 crisis. President Javier Mileis austerity measures aimed at reducing inflation have severely impacted households, with inflation still near 237%...

Amazon Surpasses $1.8 Billion Ad Commitment Goal for 2024 Streaming Services

Amazon (NASDAQ:AMZN) has surpassed its target of securing $1.8 billion in ad-spending commitments for its video-streaming services for the upcoming year, according to a report from The Information, citing a source familiar...

Global Stocks Hit Record Highs as Oil Slips Amid Saudi Plans

Global stock markets surged to new highs on Thursday, propelled by chipmaker Micron Technologys upbeat forecast. The SP 500 and Europes STOXX 600 closed at all-time highs, while the MSCI global index set an intraday...

Fitch Warns Brazil's Economy Outpaces Fiscal Improvements

Despite Brazils strong economic performance, Fitch Ratings cautioned on Thursday that it has not translated into improved public finances. The agency anticipates challenges in 2025 and forecasts a steeper rise in the...

Politics

How Has Donald Trump Impacted the U.S. Judicial System?

Donald Trumps presidency left a profound and lasting impact on the U.S. judicial system. Over his four years in office, Trump appointed more than 200 federal judges and transformed the ideological makeup of the Supreme...

How Donald Trump's Policies on Trade, Immigration, and Taxes Differ from Previous Administrations?

Donald Trumps presidency introduced sweeping changes to U.S. policy in several critical areas, including trade, immigration, and taxes. His America First agenda set his administration apart from those of his predecessors,...

How Has Donald Trump Affected U.S. Foreign Policy?

During his tenure as the 45th president of the United States, Donald Trump drastically altered the countrys foreign policy approach, leaving a legacy defined by a focus on nationalism, bilateral agreements, and a departure...

What Are Donald Trump’s Key Achievements and Failures as President?

Donald Trumps presidency, from 2017 to 2021, was one of the most polarizing and controversial in modern American history. As the 45th president, Trumps time in office was marked by significant achievements in economic...

Eddie Griffin Invites Donald Trump on Show, Snubs Kamala Harris in Fiery Remarks

Hollywood comedian and actor Eddie Griffin has sparked controversy after extending an invitation to former President Donald Trump to appear on his show, while simultaneously dismissing any possibility of speaking with Vice...

Science

SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development

SpaceX is on the verge of hitting four million Starlink customers, according to President Gwynne Shotwell. The company has invested $3 billion into Starship facilities in Texas, emphasizing the significance of Starship for...

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Hawaiian Airlines Rolls Out Free Starlink Internet on Airbus A330 and A321neo Fleet

Hawaiian Airlines has partnered with SpaceXs Starlink to provide free high-speed internet on its Airbus A330 and A321neo fleet. The airline plans to expand the service to its Boeing 787 aircraft, enhancing in-flight...

T-Mobile CEO Predicts Starlink Cellular Beta Launch by Late 2024 or Early 2025

T-Mobile CEO Mike Sievert anticipates the Starlink Cellular beta, also known as Starlink Direct-to-Cell, could launch between late 2024 and early 2025. The initial beta will offer text services, with voice, data, and IoT...

SpaceX Recovers Super Heavy Booster, Prepares for Tower Catch in Upcoming Starship Flight 5

SpaceX has successfully recovered the Super Heavy booster from Starship Flight 4, marking the first retrieval of the rocket post-launch. The company is now preparing for Starship Flight 5, where it will attempt a milestone...

Technology

Intel and US to Finalize $8.5 Billion in Chip Funding by Year-End, Report Says

Intel and the U.S. government are nearing a deal to finalize $8.5 billion in funding to boost domestic semiconductor production. The Financial Times reported that the agreement, which includes grants and financing, is...

Super Micro Computer Under DOJ Investigation Following Hindenburg Allegations, Filing Delays Worry Investors

Super Micro Computer (SMCI) is reportedly under investigation by the U.S. Department of Justice following serious allegations from Hindenburg Research. The company, a major NVIDIA customer, delayed its annual report,...

Grayscale Spotlights 20 Cryptos Poised for Massive Gains—Is Your Portfolio Ready?

Grayscale Research has spotlighted 20 digital assets expected to outperform in the fourth quarter, emphasizing factors like probable catalysts and technological advancements that may drive their success. Grayscale...

US Hits Russia Crypto Exchanges, Revealing $720M in Ransomware Dirty Money

US authorities have sanctioned two Russian cryptocurrency exchanges, uncovering a staggering $720 million in laundered funds from ransomware operations. The crackdown shines a light on the role of Russia-based platforms in...

Can Coinbase’s Hamster Kombat Futures Listing Spark a Comeback After HMSTR’s 43% Price Crash?

Coinbase will introduce Hamster Kombat perpetual futures on September 26, raising speculation on whether this could spark a much-needed price recovery after a 43% plunge to $0.007094. Coinbase, a cryptocurrency...