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Sat, Aug 15, 2026 05:10 PM All times are UTC

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New Zealand Holds Rates at 3.25%, Signals Possible Cut in August

Jul 09, 2025 04:33 am UTC| Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) held its benchmark interest rate steady at 3.25% on Wednesday, citing ongoing near-term inflation risks. However, policymakers indicated that further rate cuts remain likely if...

RBNZ Hits the Brakes: Rate Cuts Pause Amidst Inflation Uncertainty

Jul 09, 2025 03:27 am UTC| Central Banks Insights & Views

The Reserve Bank of New Zealand (RBNZ) chose on July 9, 2025, to keep its Official Cash Rate (OCR) at 3. 25%. This move halts a series of six straight rate reductions started in August 2024, mostly predicted by financial...

Australia’s Central Bank Eyes U.S. Tariff Risks Amid Global Uncertainty

Jul 09, 2025 01:04 am UTC| Economy Central Banks

Australias central bank is closely monitoring U.S. tariff developments, as global economic uncertainty grows, according to Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser. Speaking at a Sydney event on...

RBA Shocks Markets: Holds Rates Steady Amid Cautious Outlook Despite Softer Inflation

Jul 08, 2025 05:43 am UTC| Central Banks Insights & Views

During its monetary policy decision on July 8, 2025, the Reserve Bank of Australia (RBA) stunned markets by keeping its cash rate unchanged at 3. 85%. This decision ran counter to market and economist expectations for a 25...

Vietnam Central Bank to Maintain Flexible Monetary Policy to Support Growth

Jul 08, 2025 03:32 am UTC| Economy Central Banks

Vietnams central bank announced plans to maintain a flexible monetary policy throughout the rest of 2025, emphasizing support for economic growth amid persistent global uncertainties. Deputy Governor of the State Bank of...

Bank of Korea to Hold Rates in July, Eyes September Cut Amid Debt and Housing Risks

Jul 08, 2025 02:33 am UTC| Economy Central Banks

The Bank of Korea (BOK) is expected to keep its benchmark interest rate at 2.50% on July 10, according to a Reuters poll of 33 economists, as concerns over rising household debt and soaring Seoul housing prices outweigh...

ECB Forum 2025 Highlights Europe's Monetary Policy Challenges Amid Global Shifts

Jul 06, 2025 11:24 am UTC| Economy Central Banks Insights & Views

At the 2025 ECB Forum in Sintra, global central bankers tackled how monetary policy must adapt to rising geopolitical tensions and structural economic changes. Under the theme Adapting to change: macroeconomic shifts and...

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Economy

Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets

Gold prices edged higher on Friday and headed for a weekly gain as weaker-than-expected U.S. retail sales further reduced expectations for a Federal Reserve interest rate hike in September. Spot gold rose 0.5% to $4,374.30...

S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint

The SP 500 closed lower on Friday, retreating from its latest record high as weakness in AI-related stocks and disappointing U.S. retail sales weighed on investor sentiment. The SP 500 fell 0.17% to 7,785.76, while the...

Trump Imposes New Tariffs on Drone Imports Over US Security Concerns

President Donald Trump has announced new tariffs on imported drones and drone components, citing national security concerns and the United States heavy dependence on foreign suppliers. Under a proclamation signed by Trump,...

Strait of Hormuz Shipping Near Standstill After New Vessel Attacks

Shipping through the Strait of Hormuz slowed to a near standstill on Friday after two more vessels were attacked, while the United States signaled it could maintain its naval blockade of Iran indefinitely. The disruption...

US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets

The U.S. dollar edged lower on Friday as weaker economic data prompted traders to scale back expectations for another Federal Reserve rate hike. Despite the decline, the greenback was poised to end a two-week losing streak...

Politics

US Presses Netanyahu to Condemn West Bank Settler Siege

The United States is urging Israeli Prime Minister Benjamin Netanyahu to publicly condemn militant Israeli settlers accused of besieging Palestinian families in Qusra, a village in the occupied West Bank, according to U.S....

Haftar Helps Broker Release of American Hostage Held by ISIS Affiliate

Libyan military commander Khalifa Haftar helped broker the release of an American hostage held by an Islamic State affiliate in West Africas Sahel region, according to four sources familiar with the negotiations. Kevin...

Israeli Troops Enter Palestinian Homes as Settler Siege Grips West Bank Village

Israeli troops took positions inside Palestinian homes in the occupied West Bank village of Qusra on Thursday as a settler siege left families trapped without electricity or water, according to the village mayor and...

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

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

Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion

Alphabets early investment in SpaceX has delivered extraordinary returns, with the Google parents stake valued at roughly $94.2 billion at the end of June. The company originally invested $900 million in Elon Musks rocket...

Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover

Stripe and private equity firm Advent International reportedly offered to acquire PayPal for $60.50 per share in July, valuing the payments company at roughly $53 billion. PayPal rejected the proposal as too low, but...

J.P. Morgan Upgrades SanDisk, Sets $2,250 Price Target on AI NAND Growth

J.P. Morgan upgraded SanDisk to Overweight from Not Rated and set a December 2027 price target of $2,250, citing stronger long-term growth prospects following the flash memory companys 2026 Investor Day in New York....

Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential

New Street Research has upgraded Micron Technology (NASDAQ: MU) to a Buy rating with a $1,250 price target, arguing that the semiconductor company is entering a fundamentally different memory cycle driven largely by...

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...