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

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Monetary Policy Divergence: A World of Cautious Central Banks

Mar 24, 2025 04:22 am UTC| Central Banks Insights & Views

In March 2025, world central banks registered diverse monetary policy changes, being cautious not to react to economic uncertainties. The Swiss National Bank cut its policy rate by 0.25 percentage points to 0.25%. The...

Bank of England Holds Rates, Weighs Growth vs. Inflation Risks

Mar 20, 2025 12:30 pm UTC| Central Banks Insights & Views

The Bank of England (BoE) left the base rate at 4.5% on March 20, 2025, following a cut in February. This is a conservative approach to mixed economic signs, including easing in January and inflation rising above the 2%...

Hong Kong Holds Base Rate at 4.75% as U.S. Fed Keeps Rates Steady

Mar 20, 2025 05:11 am UTC| Economy Central Banks

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to keep interest rates unchanged. Hong Kongs monetary policy follows the Fed closely...

China Keeps Loan Prime Rate Unchanged as Focus Shifts to Fiscal Stimulus

Mar 20, 2025 05:09 am UTC| Economy Central Banks

The Peoples Bank of China (PBOC) held its benchmark loan prime rate (LPR) steady on Thursday, aligning with market expectations as Beijing prioritizes fiscal measures over monetary easing to boost economic growth. The...

Bank of England Likely to Hold Interest Rates Amid Inflation and Global Uncertainty

Mar 20, 2025 05:09 am UTC| Economy Central Banks

The Bank of England (BoE) is expected to keep its benchmark interest rate at 4.5% on Thursday as it assesses economic risks from U.S. trade tariffs and the UKs upcoming tax hike for employers. Despite inflation remaining...

Powell Warns Trump Tariffs May Delay Inflation Progress, But Impact Could Be Short-Lived

Mar 20, 2025 05:08 am UTC| Insights & Views Politics Central Banks

Federal Reserve Chair Jerome Powell stated on Wednesday that President Donald Trumps tariffs could slow inflation progress, though their effects may be temporary. The Fed kept interest rates steady, with Powell noting that...

FOMC Holds Steady, Signals Future Rate Cuts Amidst Economic Uncertainty

Mar 20, 2025 05:01 am UTC| Central Banks

At its March 18-19, 2025 meeting, the Federal Open Market Committee (FOMC) left the benchmark rate unchanged at a range of 4.25% to 4.5%. Keeping rates unchanged, the committee indicated the possibility of two cuts by the...

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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...