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Thu, Oct 01, 2026 04:20 AM All times are UTC

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China Cuts Bank Reserve Ratio to Inject $138B Amid US Trade War

May 07, 2025 02:02 am UTC| Central Banks Economy

Chinas central bank has announced its first reserve requirement ratio (RRR) cut of 2025 to bolster the economy amid intensifying trade tensions with the United States. Peoples Bank of China (PBOC) Governor Pan Gongsheng...

Hong Kong Defends Currency Peg with $7.8 Billion Intervention

May 06, 2025 03:21 am UTC| Economy Central Banks

Hong Kongs de-facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in the foreign exchange market on Tuesday by purchasing US$7.8 billion (HK$60.5 billion) to prevent the Hong Kong dollar from rising...

BOJ Faces Pressure to Pause Rate Hikes Amid Trump Tariffs, Yen Slide

May 05, 2025 02:00 am UTC| Economy Central Banks

The Bank of Japans rate-hike cycle is under intense pressure as U.S. President Donald Trumps new tariffs threaten Japans export-reliant economy. BOJ Governor Kazuo Ueda, after keeping interest rates steady at 0.5%, warned...

BOJ to Hold Rates Steady Amid Tariff Uncertainty, May Cut Growth Outlook

May 01, 2025 01:59 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is expected to keep its short-term interest rate unchanged at 0.5% on Thursday, while cutting its economic growth forecasts due to rising uncertainty from U.S. tariffs under President Donald Trump....

Bank of Japan to Hold Rates Steady Amid U.S. Tariff Risks and Weak Yen Pressures

Apr 28, 2025 06:15 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is expected to keep interest rates steady on Thursday, signaling caution as U.S. tariffs continue to threaten Japans fragile economic recovery. Governor Kazuo Ueda, after meetings in Washington...

ECB Faces Complex June Decision Amid U.S. Tariff Inflation Risks

Apr 28, 2025 06:11 am UTC| Central Banks Economy

The European Central Bank (ECB) faces a complicated decision at its upcoming June meeting, as policymakers weigh inflation risks stemming from U.S. tariffs, Dutch central bank governor Klaas Knot said in an interview with...

Swiss National Bank Warns of Slower Growth Amid Rising Global Risks

Apr 25, 2025 09:19 am UTC| Economy Central Banks

Swiss National Bank (SNB) Chairman Martin Schlegel warned on Friday that rising global economic risks, fueled by U.S. tariffs and trade uncertainty, will likely slow Switzerlands economic growth. Speaking at the SNBs...

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Economy

Australia Inflation Accelerates to 4% After RBA Rate Hike

Australias consumer inflation accelerated in August, although the increase came in slightly below market expectations, while underlying price pressures remained elevated following the Reserve Bank of Australias latest...

Gold Prices Slip as High Treasury Yields Weigh on Bullion

Gold prices edged lower on Wednesday as elevated U.S. Treasury yields continued to pressure bullion, while falling oil prices helped ease concerns over inflation ahead of key U.S. economic data. Spot gold, or XAU/USD,...

Dollar Eases Near Two-Month High as Yen Rebounds

The U.S. dollar edged lower on Wednesday but remained close to a two-month high as traders awaited key U.S. inflation and labor-market data for fresh clues on the Federal Reserves interest rate outlook. The U.S. dollar...

Asian Stocks Rise as Bond Yields Ease Ahead of U.S. Inflation Data

Asian stocks were mostly higher Wednesday as easing global bond yields and softer oil prices supported risk appetite, while investors awaited key U.S. inflation data for clues on the Federal Reserves interest-rate outlook....

BOJ Signals Faster Rate Hikes as Inflation Risks Grow

The Bank of Japan is preparing for potentially faster and more regular interest rate hikes as policymakers seek to prevent inflation from overshooting their target, putting fresh attention on key economic data due this...

Politics

Wicker Urges US to Uphold Taiwan Security Commitments

Republican U.S. Senator Roger Wicker, chairman of the Senate Armed Services Committee, has called on Washington to uphold its security commitments to Taiwan as lawmakers press the Trump administration over delayed military...

TSA Removes Chairs for Airport ID Check Officers

The U.S. Transportation Security Administration is removing chairs from airport security checkpoints, meaning TSA officers checking passenger identification will no longer be able to sit while performing the task. The...

US Alcohol Ban Exposes Canada’s Internal Trade Barriers

A new US ban on many Canadian alcohol imports is putting fresh pressure on Canadas brewers, distillers and winemakers, but provincial trade barriers are making it difficult for producers to replace lost American sales at...

US Appeals Court Keeps Trump IRS Case Sanctions in Place

A US appeals court on Tuesday declined to immediately halt sanctions stemming from President Donald Trumps $10 billion lawsuit against the Internal Revenue Service, leaving a federal judges restrictions in effect while the...

UN Condemns Myanmar Airstrike That Kills 50 in Rakhine

The United Nations has condemned a deadly Myanmar military airstrike in Rakhine state that reportedly killed 50 people and wounded at least 58 others near the border with Bangladesh. UN spokesperson Stephane Dujarric said...

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

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...

Google Pays Publishers for AI Search Content in New Pilot

Google is reportedly paying around 100 digital publishers to provide content for its artificial intelligence-powered search features, marking a notable change in the technology giants longstanding relationship with online...

Trump, Tech Leaders Sign ‘Morally Binding’ AI Safety Accord

President Donald Trump and executives from major technology companies signed a voluntary artificial intelligence agreement in Washington on Tuesday, establishing a set of principles intended to guide the development and...