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Sat, May 16, 2026 05:17 PM All times are UTC

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Bain Capital Secures RBI Approval to Acquire Up to 41.7% Stake in Manappuram Finance

Feb 15, 2026 00:47 am UTC| Central Banks Business

Manappuram Finance has received final approval from the Reserve Bank of India (RBI) for Bain Capital to acquire joint control and up to 41.66% of the companys equity and convertible instruments. The regulatory clearance...

ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro

Feb 14, 2026 23:59 pm UTC| Economy Central Banks

The European Central Bank (ECB) has unveiled plans to permanently expand access to its euro liquidity backstop, opening the facility to central banks worldwide in a strategic move to reinforce the euros international...

Japan Signals Openness to Gradual BOJ Rate Hikes as Deflation Era Ends

Feb 13, 2026 02:35 am UTC| Economy Central Banks

Japans government may not need to appoint reflation advocates to upcoming vacancies on the Bank of Japan (BOJ) board, signaling potential support for gradual interest rate hikes as the country moves beyond decades of...

RBA’s Bullock Draws a Hard Line on Inflation, Lifts AUD to Three‑Year High

Feb 12, 2026 06:41 am UTC| Central Banks Insights & Views

In her most recent comments on February 1112, 2026, RBA Governor Michele Bullock underlined a distinctly hawkish attitude, cautioning that interest rates could go higher if inflation stays stubbornly elevated. Following...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Feb 12, 2026 02:10 am UTC| Central Banks Economy

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

Feb 11, 2026 02:25 am UTC| Economy Central Banks

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

Feb 08, 2026 00:44 am UTC| Economy Central Banks

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

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Economy

Oil Prices Surge Above $109 as Strait of Hormuz Crisis and U.S.-Iran Tensions Escalate

Global oil prices soared Friday, posting strong weekly gains as tensions between the United States and Iran continued to intensify and the Strait of Hormuz remained effectively closed, fueling fears of a prolonged global...

Gold Prices Post Worst Weekly Drop Since March as Strong Dollar and Fed Rate Hike Bets Pressure Metals

Gold prices tumbled sharply on Friday, recording their biggest weekly decline since mid-March as a stronger U.S. dollar and growing expectations of Federal Reserve rate hikes weighed heavily on the precious metals market....

Powell Named Fed Chair Pro Tempore as Trump Prepares to Install Kevin Warsh

The Federal Reserve Board announced Friday that Jerome Powell will serve as chair pro tempore until Kevin Warsh is officially sworn in as the next leader of the U.S. central bank. The move comes as President Donald Trump...

Dollar Surges as Fed Rate Hike Expectations Grow Amid Inflation and Global Bond Sell-Off

The U.S. dollar extended its rally for a fifth consecutive session on Friday, posting its strongest weekly performance in more than nine months as investors increased expectations for further Federal Reserve interest rate...

UK Stocks Slide as Labour Leadership Tensions and U.S.-China Talks Shape Markets

British stocks closed lower on Friday as political uncertainty surrounding the U.K.s ruling Labour Party pressured investor sentiment and weakened the pound for a fourth straight session. The FTSE 100 dropped 0.61%, while...

Politics

Taiwan Says U.S. Arms Sales Remain Key to Regional Stability

Taiwan reaffirmed on Saturday that U.S. arms sales remain vital to maintaining peace and stability in the Asia-Pacific region after President Donald Trump said he had not yet decided whether to approve a new weapons...

Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes

Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in...

Alberta Separatist Movement Faces Major Legal Setback Ahead of Referendum Push

Albertas separatist movement has suffered a significant blow after a provincial court ruled against a petition campaign seeking a referendum on Alberta independence from Canada. The decision creates new uncertainty for...

ICC Arrest Drama Deepens as Philippine Senator Bato Dela Rosa Escapes Amid Senate Gunfire

Philippine politics plunged deeper into turmoil after Senator Ronald Bato Dela Rosa reportedly escaped authorities following a dramatic confrontation involving gunfire inside the Senate complex in Manila. The controversial...

Ukraine Begins Major POW Swap as 205 Soldiers Return from Russian Captivity

Ukraine has successfully brought home 205 service personnel from Russian captivity in the first phase of a large-scale prisoner exchange with Russia, President Volodymyr Zelenskiy confirmed on Friday. The operation marks a...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO

A majority of SpaceX shareholders have reportedly approved a 5-for-1 stock split proposed by the companys board, according to a Bloomberg News report published Friday. The decision comes as interest continues to grow...

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...

Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval

Nvidias efforts to expand AI chip sales in China remain stalled even after the U.S. approved several Chinese technology giants to purchase the companys H200 processors. Although around 10 Chinese firms, including Alibaba,...