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Thu, Oct 01, 2026 05:02 AM All times are UTC

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RBA Holds Steady: Cash Rate Stays at 4.10% Amid Cautious Outlook

Apr 01, 2025 05:35 am UTC| Central Banks Insights & Views

The Reserve Bank of Australia, on April 1, 2025, said it would keep the cash rate steady at 4.10%, as expected by markets following a February rate cut. The RBA reiterated that underlying inflation is coming down from its...

New Zealand to Review Bank Capital Rules Amid Criticism and Economic Concerns

Mar 31, 2025 04:58 am UTC| Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) announced it will review its bank capital requirements in 2025 following criticism that its stringent policies are stifling competition and economic growth. Acting Governor Christian...

BOJ May Cut Super-Long Bond Purchases in Q2 to Advance Policy Normalization

Mar 31, 2025 04:58 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is expected to take a key step toward policy normalization by potentially reducing purchases of super-long Japanese government bonds (JGBs) in its upcoming April-June bond-buying plan, analysts say....

RBA Set to Hold Rates Steady Amid Inflation Concerns and Cautious Outlook

Mar 29, 2025 07:03 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is expected to keep its official cash rate unchanged at 4.10% during its April 1 policy meeting, according to a Reuters poll of 39 economists. As inflation begins to ease but core...

Fed’s Goolsbee Sees Lower Interest Rates Ahead but Warns of Delays Amid Uncertainty

Mar 26, 2025 09:47 am UTC| Economy Politics Central Banks

Chicago Federal Reserve President Austan Goolsbee expects U.S. interest rates to be a fair bit lower within 12 to 18 months. However, due to ongoing economic uncertainty, he cautioned that the timing of the next rate cut...

BOJ Signals More Rate Hikes as Inflation Nears Target

Mar 26, 2025 09:46 am UTC| Economy Central Banks

Bank of Japan (BOJ) Governor Kazuo Ueda stated on Wednesday that the central bank may continue raising interest rates if Japans economy and inflation follow current projections. The BOJ recently raised its short-term...

BOJ Eyes Earlier Rate Hike as Food Inflation Stays Stubborn

Mar 24, 2025 08:11 am UTC| Economy Central Banks

The Bank of Japan (BOJ) held interest rates steady last week, but Governor Kazuo Uedas remarks signaled a potential shift. Despite global uncertainties, including the Trump administrations sweeping tariffs, Ueda emphasized...

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Economy

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...

Gold Steady as Softer U.S. Inflation Eases Fed Rate Hike Bets

Gold prices were largely unchanged on Thursday after suffering a 6% decline in September, as softer U.S. inflation data lowered expectations for another Federal Reserve interest rate hike. However, elevated Treasury yields...

Australia Trade Surplus Shrinks Sharply as Imports Surge

Australias trade surplus narrowed sharply in August as imports grew faster than exports, falling well below market expectations, according to data released Thursday by the Australian Bureau of Statistics. The seasonally...

Asian Currencies Mixed as Yen Slides on BOJ Rate Signals

Asian currencies traded mixed on Thursday as the U.S. dollar hovered near a two-month high, while the Japanese yen weakened following conflicting signals from the Bank of Japan over the pace of future interest rate hikes....

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

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...

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...