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Wed, Mar 11, 2026 05:46 PM All times are UTC

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China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Feb 07, 2026 03:42 am UTC| Economy Central Banks

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

Feb 06, 2026 04:56 am UTC| Central Banks Economy

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target

Feb 06, 2026 03:36 am UTC| Central Banks Economy

The Bank of Japan (BOJ) is under growing pressure to raise interest rates in a timely manner as underlying inflation approaches its long-standing 2% target, according to comments from board member Kazuyuki Masu. His...

ECB Stands Pat: Rates Unchanged at 2% Deposit as Eurozone Resilience Shines Through

Feb 05, 2026 13:24 pm UTC| Central Banks Insights & Views

On February 5, 2026, the Governing Council of the European Central Bank kept its three main interest rates unchanged: the deposit facility rate at 2.00%, the major refinancing operations rate at 2.15%, and the marginal...

Bank of England Holds Steady at 3.75% in Narrow Vote: Cautious Pause Signals Future Cuts Ahead

Feb 05, 2026 12:16 pm UTC| Central Banks Insights & Views

The Bank of Englands Monetary Policy Committee (MPC) voted 5-4 today in its February 2026 Monetary Policy Report to maintain the Bank Rate at 3.75%, therefore stopping the recent easing cycle after Decembers 25bps cut. The...

ECB Set to Stay Tight as Inflation Drops Below Target

Feb 05, 2026 05:20 am UTC| Central Banks Insights & Views

With a policy decision due at 2:15 PM CET, the Governing Council of the European Central Bank gathers today; President Christine Lagarde will hold a press conference at 2:45 PM CET. The ECB is expected to maintain all...

BoE Set to Hold Fire but Signal Spring Rate Cuts

Feb 05, 2026 05:07 am UTC| Central Banks Insights & Views

Many expect the Monetary Policy Committee of the Bank of England to maintain the Bank Rate at 3.75% during todays 12:00 PM GMT (5:30 PM IST) release. Market pricing suggests less than a 1% chance of a cut at this meeting,...

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Economy

RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts

Westpac economists have revised their outlook for Australian monetary policy, now predicting the Reserve Bank of Australia will raise interest rates by 25 basis points at both its March and May meetings. If realized, the...

Bank of Japan Expected to Hold Rates at 0.75% Before June Hike Amid Middle East War Uncertainty

A recent Reuters poll of 64 economists confirmed that the Bank of Japan will hold its benchmark interest rate steady at 0.75% during its March 19 meeting, with a likely increase to 1.00% by the end of June. These...

Asia FX Steady as Iran War Signals and U.S. Inflation Data Weigh on Sentiment

Most Asian currencies traded within narrow ranges on Wednesday as investors weighed conflicting signals surrounding the U.S.-Israel conflict with Iran while bracing for critical U.S. inflation figures. Traders largely...

Asian Stock Markets Rise as Oil Prices Pull Back; U.S. CPI in Focus

Asian stock markets posted modest gains on Wednesday, buoyed by a retreat in oil prices after a turbulent start to the week driven by escalating Middle East tensions. Investors, however, remained cautious ahead of a...

Dollar Steadies as Traders Await Clarity on U.S.-Israel-Iran War

Global currency markets held their breath on Wednesday as the U.S. dollar maintained its position while traders waited for clearer signals about the trajectory of the U.S.-Israeli military conflict with Iran. The ongoing...

Politics

Shots Fired at U.S. Consulate in Toronto in Suspected National Security Incident

Canadian authorities have ramped up security measures around American and Israeli diplomatic buildings following a early-morning shooting at the U.S. consulate in Toronto. Prime Minister Mark Carney swiftly condemned the...

Israel-Iran War: Herzog Urges Patience as U.S. and Israeli Strikes Intensify

Israeli President Isaac Herzog has declined to provide a timeline for ending the ongoing conflict with Iran, emphasizing the need for a decisive and lasting outcome rather than a rushed resolution. Speaking to Germanys...

Trump Administration Spent $5.6 Billion in Munitions in Opening Days of Iran Strikes

The Trump administration disclosed to congressional committees that it expended $5.6 billion worth of munitions within the first 48 hours of its military strikes against Iran, according to a source with knowledge of the...

Ukraine Strikes Russian Missile Component Factory in Bryansk Using British Weapons

Ukrainian forces carried out a precision strike on a key Russian defense manufacturing plant in the Bryansk border region on Tuesday, President Volodymyr Zelenskiy confirmed. The targeted facility, known as the Kremniy El...

Boeing Secures $289 Million Smart Bomb Contract With Israel

Boeing has signed a $289 million defense contract with Israel to supply up to 5,000 air-launched smart bombs, according to a source who spoke with Reuters. The deal covers Boeings Small Diameter Bomb, a precision-guided...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Anduril Industries Acquires ExoAnalytic Solutions to Bolster Space Defense Capabilities

Anduril Industries has entered into a definitive agreement to acquire ExoAnalytic Solutions, a national security firm specializing in space situational awareness and missile defense technology. The move signals Andurils...

Nintendo Stock Surges 10% as Pokémon Pokopia Breaks Sales Records

Nintendo shares climbed sharply on Wednesday, with Nintendo Co Ltd (TYO:7974) jumping 10% to 10,035 yen, landing among the top performers on the Nikkei 225 index, which itself gained 2.7%. The surge came on the back of...

Amazon Invests $535 Million in Brisbane Robotics Fulfillment Center

Amazon.com Inc (NASDAQ: AMZN) has announced a major A$750 million (approximately $535 million USD) investment to build a cutting-edge robotics-driven fulfillment center in Brisbane, Australia. Slated for completion in...

Microsoft Backs Anthropic in Legal Fight Against Pentagon's AI Blacklist

Microsoft has stepped into a high-profile legal battle between AI startup Anthropic and the U.S. Department of Defense, filing an amicus brief in federal court in San Francisco to support Anthropics request for a temporary...

U.S. Senate Greenlights AI Chatbots for Official Staff Use

The United States Senate has officially approved three major artificial intelligence chatbots for use by congressional staff, marking a significant step in the adoption of AI technology within the federal government....