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Bank of Canada Governor Stresses Need for Strong Execution of Federal Budget Plans

Nov 06, 2025 00:33 am UTC| Economy Central Banks

Bank of Canada Governor Tiff Macklem emphasized that the success of Canadas latest federal budget proposals to boost productivity will depend largely on effective implementation. Speaking before the House of Commons...

Bank of Japan Weighs Timing of Next Interest Rate Hike Amid Economic Uncertainty

Nov 05, 2025 02:31 am UTC| Central Banks Economy

The Bank of Japan (BOJ) board members engaged in a detailed debate during their September meeting over whether to pause or continue raising interest rates, according to minutes released on Wednesday. The discussions...

RBA Holds Cash Rate Steady at 3.60%, Signals Vigilance Amid Rising Inflation

Nov 04, 2025 04:12 am UTC| Central Banks Insights & Views

Citing continual inflation, the Reserve Bank of Australia (RBA) unanimously voted to keep the cash rate stable at 3.60% in its November 2025 financial policy review. Inflationary pressures drive the main motor. Recent...

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...

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Economy

Reeves Rejects Claims of Misleading Public Ahead of UK Autumn Statement

UK Chancellor Rachel Reeves has pushed back strongly against accusations that she misled the British public in the weeks leading up to the autumn statement, following scrutiny over a pre-budget speech she delivered on...

Gold Prices Hold Near Six-Week High as Rate-Cut Bets Strengthen

Gold prices hovered close to a six-week high on Monday, lifted by a softer U.S. dollar and rising expectations that the Federal Reserve will cut interest rates later this month. Spot gold inched up 0.2% to $4,240.55 per...

Asia FX Steady as Fed Rate Cut Bets Rise; Yen Strengthens on BOJ Hawkish Signals

Asian currencies were mostly stable on Monday as traders weighed rising expectations of a December U.S. Federal Reserve rate cut and digested another round of weak manufacturing data across the region. Market sentiment...

Australia Announces Major Defence Overhaul with New Delivery Agency

Australia is set to implement one of its most significant defence reforms in decades, with the government announcing a complete restructuring of the Department of Defence. Defence Minister Richard Marles confirmed that a...

Starmer to Outline Long-Term Economic Plan as Labour Seeks to Regain Momentum

British Prime Minister Keir Starmer is set to unveil his long-term economic vision on Monday, aiming to reinforce the Labour governments strategy for boosting economic growth. The upcoming speech, confirmed by Downing...

Politics

Nasry Asfura Takes Early Lead in Honduras Presidential Election

Conservative National Party candidate Nasry Asfura has taken an early lead in the Honduran presidential election, securing the top position with 34% of votes counted, according to the countrys electoral authority. The...

U.S. Officials Say Afghan Suspect in D.C. National Guard Shooting Radicalized After Arrival

U.S. authorities believe the Afghan immigrant accused of ambushing two National Guard members in Washington, D.C., became radicalized only after arriving in the United States, according to Homeland Security Secretary...

U.S.–Ukraine Peace Talks Show “Productive” Progress as Washington Pushes for Path to End War

U.S. and Ukrainian officials reported productive progress after a new round of peace talks on Sunday aimed at advancing a potential Russia-Ukraine peace deal. The meeting, held in Florida and led by U.S. Secretary of State...

Trump Confirms Phone Call With Venezuela’s Maduro Amid Rising Tensions

U.S. President Donald Trump confirmed on Sunday that he recently spoke with Venezuelan President Nicolas Maduro, acknowledging the call but declining to share details about their discussion. Speaking to reporters aboard...

Taiwan Eyes Civilian Surveillance Boost as Apex Aviation Steps Into Defense Role

Flying above the deep-blue waters off Taiwans east coast, a light aircraft outfitted with a advanced U.S.-made synthetic aperture radar quietly monitors Chinese warships. The aircraft belongs to Apex Aviation, a small...

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

ByteDance Unveils New AI Voice Assistant for ZTE Smartphones

Chinese technology giant ByteDance has announced the launch of a new AI-powered voice control assistant that will debut on an upcoming smartphone from ZTE Corp. The tool, built on ByteDances Doubao large language model,...

Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity

Amazon and Google have unveiled a jointly developed multicloud networking service designed to deliver faster, more reliable connectivity for enterprise customers. The new solution aims to solve growing challenges in cloud...

Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users

South Koreas largest online retailer, Coupang, has issued a public apology after confirming that personal information from 33.7 million customer accounts was exposed through unauthorized data access. CEO Park Dae-jun...

Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report

Norways $2 trillion sovereign wealth fund, the worlds largest, announced that it will support a shareholder proposal calling for Microsoft to publish a detailed report on the risks of operating in countries with...

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...
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