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Central Banks

Sun, Nov 30, 2025 02:11 AM All times are UTC

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RBA Expected to Hold Rates Steady Amid Rising Inflation and Hawkish Outlook

Nov 03, 2025 05:15 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is expected to keep its benchmark interest rate unchanged at 3.60% following the conclusion of its two-day policy meeting on November 4. Markets anticipate a hawkish tone from the...

Bank of England Expected to Hold Interest Rates as Inflation and Wage Growth Ease

Nov 03, 2025 02:45 am UTC| Central Banks Economy

The Bank of England (BoE) is widely expected to keep interest rates unchanged this Thursday, marking a slowdown in its rate-cutting cycle for the first time since it began loosening policy last year. The central banks...

New Zealand’s Major Banks Prove Resilient in Reserve Bank Stress Test Amid Global Uncertainty

Nov 03, 2025 02:26 am UTC| Central Banks Economy

New Zealands top five banks have demonstrated strong financial resilience in the face of mounting geopolitical tensions, according to the Reserve Bank of New Zealand (RBNZ). In its latest financial stability review, the...

Federal Reserve to Restructure Supervision Division, Slash Staff by 30% Amid Efficiency Push

Oct 31, 2025 02:14 am UTC| Central Banks

The U.S. Federal Reserve is set to implement major organizational changes within its supervision and regulation division under the leadership of Vice Chair for Supervision Michelle Bowman. According to an internal email...

RBA Expected to Hold Interest Rates at 3.60% as Inflation Surges Beyond Target

Oct 31, 2025 01:56 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is set to maintain its key interest rate at 3.60% during its upcoming policy meeting on November 4, according to a Reuters poll of 34 economists. The decision follows a...

Lagarde Holds Firm: ECB to Keep Rates Steady, Citing "Resilient" Economy

Oct 30, 2025 10:55 am UTC| Central Banks Insights & Views

For its third straight meeting, the European Central Bank is generally anticipated to hold the key deposit facility rate at 2.0%. Following an intense cutting cycle between June 2024 and June 2025eight cuts for 200 basis...

Bank of Japan Holds Interest Rates Steady Amid Economic Uncertainty

Oct 30, 2025 03:54 am UTC| Central Banks Economy

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 0.5% on Thursday, aligning with market expectations as the central bank navigates mounting economic uncertainty and a shifting fiscal landscape. Despite...

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Economy

AI-Powered Shopping Tools Drive Record U.S. Black Friday Online Sales

U.S. online spending surged to a record $11.8 billion on Black Friday as AI-powered shopping tools transformed how consumers searched for deals, compared prices, and navigated rising prices. According to Adobe Analytics,...

Russia Stocks End Flat as Key Blue Chips Post Mixed Performance

Russias stock market closed Saturdays session on a steady note, with the MOEX Russia Index ending unchanged at 0.00%. Despite the flat finish, several major stocks showed notable movement, reflecting mixed sentiment across...

U.S. Stocks Rise in Post-Holiday Session as Rate-Cut Hopes Lift Markets

U.S. stocks moved higher on Friday during a shortened post-Thanksgiving trading session, supported by renewed optimism for a potential Federal Reserve rate cut in December and solid gains across retail and technology...

U.S. Stocks Brace for Key AI Profit Signals and Economic Clues

Investors are preparing for another pivotal week in the U.S. stock market as they look for clearer signs of profitability in artificial intelligence companies and fresh indicators of economic strength. The recent rebound...

U.S. Black Friday Online Spending Surges to $8.6 Billion, Boosted by Mobile Shoppers

U.S. consumers broke new online shopping records this Black Friday, spending an impressive $8.6 billion digitally, according to fresh data from Adobe Analytics. The report highlights a strong shift toward online retail as...

Politics

Troy Nehls Will Not Seek Reelection, Backs Twin Brother for Congress

Republican U.S. Representative Troy Nehls announced that he will not run for another term in Congress, saying he plans to step back from political life and devote more time to his family. Nehls, who represents a Texas...

Hong Kong Mourns Victims of Deadly Wang Fuk Court Fire as Investigations Widen

Hong Kong is grieving after a catastrophic fire at the Wang Fuk Court high-rise complex left at least 128 people dead, with authorities warning the toll could rise as 150 residents remain missing. The blaze, the citys...

Trump’s Venezuela Airspace Warning Sparks Confusion and International Backlash

U.S. President Donald Trump ignited widespread concern on Saturday after declaring on Truth Social that the airspace above and surrounding Venezuela should be considered closed in its entirety. The brief statement, which...

Russian Strikes Devastate Ukraine as Kyiv Restores Power and U.S. Hosts Peace Talks

A series of Russian attacks across Ukraine killed six people and injured dozens, Ukrainian officials reported on Saturday, marking another escalation in Moscows ongoing assault on the countrys energy grid. The overnight...

North Korea Highlights Air Force’s Expanding Role in Nuclear Deterrence

North Korean leader Kim Jong Un underscored the growing importance of the countrys Air Force in supporting its nuclear war deterrence strategy as he marked the military branchs 80th anniversary alongside his daughter,...

Science

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

SpaceX’s Starship Completes 11th Test Flight, Paving Way for Moon and Mars Missions

SpaceX has successfully launched its 11th Starship rocket from Starbase, Texas, marking another milestone in Elon Musks ambitious plan to create a fully reusable spacecraft for missions to the Moon and Mars. The test...

Technology

AI-Guided Drones Transform Ukraine’s Battlefield Strategy

Ukrainian drone operators are increasingly relying on artificial intelligence to overcome the heavy signal interference that has become common along the front lines of the war with Russia. One Ukrainian pilot, known by his...

Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount

Dutch semiconductor manufacturer Nexperia is pressing its China-based operations to immediately restart production as supply disruptions threaten to halt manufacturing for its global customers. In an open letter released...

Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds

Apple has formally notified the European Commission that its Apple Ads and Apple Maps services now meet the criteria set under the European Unions Digital Markets Act (DMA). The confirmation, announced by the Commission on...

TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation

Taiwan prosecutors have launched a formal investigation into allegations that a former senior TSMC executive, Wei-Jen Lo, leaked confidential company information after joining Intel. Authorities confirmed that...

Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale

German drone manufacturer Quantum Systems is forecasting a strong year ahead, with Chief Financial Officer Jonas Jarosch revealing that the company expects its 2024 sales to more than double, surpassing 200 million. The...