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

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China's Bold Moves to Stabilize the Yuan Amid Economic Uncertainty

Jan 14, 2025 02:19 am UTC| Economy Central Banks Investing

China has unveiled new measures to bolster its weakening yuan, signaling a firm commitment to currency stability. On Monday, the Peoples Bank of China (PBOC) announced plans to increase its foreign exchange reserves in...

US Payroll Surge Delays Federal Reserve Rate Cuts

Jan 11, 2025 04:41 am UTC| Economy Central Banks

The latest U.S. payroll data has shifted market expectations for Federal Reserve rate cuts, with traders now forecasting a single reduction in October 2025, according to Bloomberg. Earlier projections suggested a possible...

Fed Minutes Signal Slower Rate Cuts Amid Policy Uncertainty

Jan 10, 2025 05:22 am UTC| Economy Central Banks

The Federal Reserves latest meeting minutes reveal plans for a slower pace of interest rate cuts, influenced by policy uncertainties tied to President-elect Donald Trump. Analysts at Goldman Sachs noted that Trumps...

Fed Signals Slower Rate Cuts Amid Inflation Concerns

Jan 09, 2025 07:11 am UTC| Economy Central Banks

The Federal Reserve signaled a cautious approach to rate cuts during its December 17-18 meeting, citing slower progress in reducing inflation. Meeting minutes revealed concerns about the disinflationary process stalling,...

Navigating Economic Winds: Insights from the December 2024 FOMC Meeting Minutes

Jan 09, 2025 04:48 am UTC| Central Banks Insights & Views

Overview of December 2024 FOMC Meeting Minutes Minutes of the last FOMC meetingwhichoccurredbetween December 17-18, 2024werereleased on January 8, 2025,providingkeyinsightsabout the economy and monetary...

What does 2025 hold for interest rates, inflation and the American consumer?

Dec 28, 2024 07:08 am UTC| Insights & Views Economy Central Banks

Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance professor who leads a...

RBA Stays Steady Amid Economic Concerns: What’s Next for Australia’s Interest Rates?

Dec 24, 2024 05:06 am UTC| Central Banks

The Reserve Bank of Australias (RBA) Monetary Policy Meeting Minutes were released today, December 24, 2024. Here are the main points: The RBA board is feeling more confident about inflation trends since their last...

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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...