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Thu, Oct 01, 2026 05:42 AM All times are UTC

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India's RBI Takes Action: Repo Rate Cut Sparks Hope for Homebuyers and Economic Growth

Feb 07, 2025 13:28 pm UTC| Central Banks Insights & Views

RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the repo rate by 25 basis points to 6.25%. This is the first cut in nearly five years and was...

IMF Warns Japan of Market Volatility and Interest Rate Risks

Feb 07, 2025 05:25 am UTC| Economy Central Banks Market Moving News

The International Monetary Fund (IMF) has urged Japan to stay alert for potential spillover effects from global market volatility, which could impact liquidity for its financial institutions. The IMF also warned of rising...

Bank of Canada Warns of Economic Risks from U.S. Tariff Uncertainty

Feb 07, 2025 05:20 am UTC| Economy Central Banks

Bank of Canada Governor Tiff Macklem warned that U.S. policy shifts and President Donald Trumps tariff threats are creating economic uncertainty. Speaking at a virtual conference in Mexico City, Macklem noted that the mere...

Bank of England Expected to Cut Interest Rates Amid Economic Challenges

Feb 06, 2025 05:23 am UTC| Economy Central Banks

The Bank of England (BoE) is expected to cut interest rates on Thursday, marking its third reduction since the COVID-19 pandemic. With the economy struggling due to rising costs, tax hikes by Finance Minister Rachel...

BoE's Critical Decisions Ahead: Rates, Growth, and Inflation Insights

Feb 06, 2025 03:51 am UTC| Central Banks

Upcoming BoE Announcement The BoE will also announce the Monetary Policy Report and interest rate decision on February 6, and most economists predict that they will cut the base rate by 25 basis points to 4.75%. It is...

BIS Warns Fed and ECB: Rethink Interest Rates to Control Inflation

Feb 04, 2025 01:17 am UTC| Economy Central Banks

The Bank for International Settlements (BIS) has called on central banks, including the Federal Reserve and European Central Bank (ECB), to rethink their interest rate strategies to prevent inflation surges like those seen...

French PM Urges ECB to Cut Rates Faster to Boost EU Growth

Feb 02, 2025 02:29 am UTC| Economy Central Banks

French Prime Minister François Bayrou has called on the European Central Bank (ECB) to accelerate interest rate cuts to support economic growth in the eurozone. In an interview with La Tribune Dimanche, Bayrou...

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Economy

US Treasury Bond Buybacks Fall Short Despite Expanded $6 Billion Cap

The US Treasury is buying fewer long-dated government bonds than investors expected under its expanded buyback program, prompting debate over the initiatives purpose and effectiveness. Treasury last month raised the...

India Manufacturing Growth Hits Seven-Month High in September

Indias manufacturing sector regained momentum in September, recording its strongest expansion in seven months as robust domestic and overseas demand boosted factory output, hiring and business confidence. The HSBC India...

South Korea Exports Surge 83.5% on AI Chip Boom

South Korean exports surged far more than expected in September, driving the countrys trade surplus higher as strong global demand for artificial intelligence chips and electronics continued to support Asias fourth-largest...

Oil Prices Steady as Middle East Crude Flows Recover

Oil prices were largely stable in Asian trading on Thursday as investors assessed recovering Middle East crude exports against persistent risks to regional supplies and uncertainty surrounding Iran-U.S. ceasefire talks....

Asian Stocks Rise as Chipmakers Rally on Micron Earnings

Asian stocks mostly advanced on Thursday, led by a sharp rally in Japanese semiconductor shares after upbeat Micron Technology earnings. Softer U.S. inflation data also supported sentiment by reducing expectations for...

Politics

US Officials See China Taiwan Invasion Before 2028 as Less Likely

U.S. officials increasingly believe China is unlikely to invade Taiwan before 2028, despite Chinese President Xi Jinpings reported directive for the Peoples Liberation Army to be capable of taking the island by force by...

Trump Demands Powell Resign Over Fed Renovation Cost Overruns

President Donald Trump on Wednesday called for former Federal Reserve Chair Jerome Powell to resign from the Feds Board of Governors following an Inspector General report detailing major cost overruns in the central banks...

US Conducts Non-Nuclear Explosion Test to Boost Nuclear Detection

The US National Nuclear Security Administration (NNSA) conducted a subsurface, non-nuclear high-explosive experiment in Nevada on Wednesday as part of efforts to strengthen the countrys ability to detect low-yield nuclear...

Russia Warns NATO of Nuclear Response Over Kaliningrad

Russia has warned NATO that it could use nuclear weapons if alliance members attempt to isolate Kaliningrad, escalating tensions between Moscow and the West amid the ongoing war in Ukraine. In a diplomatic note sent to...

Netanyahu Says Israel May Join Flydubai Crash Attempt Probe

Israeli Prime Minister Benjamin Netanyahu said Israel may participate in the investigation into an alleged attempt by a flydubai co-pilot to crash a Dubai-to-Tel Aviv passenger flight, while stressing that the motive and...

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

Tencent Signs $7 Billion Oracle AI Chip Lease Deal

Tencent has signed a $7 billion agreement with Oracle to access roughly 100,000 advanced artificial intelligence chips, marking a major expansion of the Chinese technology giants AI infrastructure, according to the...

Micron Forecast Tops Estimates as AI Memory Demand Stays Strong

Micron Technology delivered a stronger-than-expected fiscal first-quarter 2027 outlook, supported by robust demand for memory chips used in artificial intelligence infrastructure, although signs of slowing earnings growth...

DeepSeek, Huawei Partner on Ascend AI Chip Programming Tools

DeepSeek has partnered with Huawei Technologies to develop new programming tools for Huaweis Ascend AI chips, strengthening Chinas efforts to build domestic alternatives to Nvidia hardware. DeepSeek said Wednesday in a...

Apple iPhone 18 Pro Sales Jump 12% in China

Apples iPhone 18 Pro series delivered a strong debut in China, with first-week sales rising 12% from a year earlier and helping the technology giant secure the top position in the countrys smartphone market, according to...

Robinhood Launches AI Agents for Automated Trading

Robinhood Markets is expanding its artificial intelligence capabilities with the launch of Robinhood Agents, a new feature designed to help retail investors analyze markets, develop trading strategies, and execute trades...