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Central Banks

Mon, Nov 24, 2025 05:16 PM All times are UTC

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Bank of Canada lowers rates, sees growth steady through 2027

Oct 29, 2025 14:43 pm UTC| Central Banks

The Bank of Canada (BoC) cut its benchmark interest rate to 2.25% on Wednesday, a move that was generally expected by markets. The central banks most recent policy statement, the first since January, provided a clearer...

Fed’s Expected Rate Cut Amid Economic Uncertainty and Data Blackout

Oct 29, 2025 08:10 am UTC| Central Banks Insights & Views

Many expect the Federal Reserve to bring the federal funds rate down to a range of 3.75%4.00% at the end of its October 28-29 session. This decision is evidence of the Feds first concern to solve growing labor market...

Japan’s Service Inflation Rises as Labour Costs Drive Price Growth Ahead of BOJ Meeting

Oct 27, 2025 00:33 am UTC| Economy Central Banks

Japans service-sector inflation gained momentum for the second consecutive month in September, reinforcing expectations that rising labour costs will help sustain inflation near the Bank of Japans (BOJ) 2% target....

China Expected to Ease Monetary and Fiscal Policies to Support Economic Growth

Oct 25, 2025 06:36 am UTC| Economy Central Banks Insights & Views

China is likely to implement more supportive monetary and fiscal policies to stabilize its slowing economy, according to Huang Yiping, an adviser to the Peoples Bank of China and professor at Peking University. Speaking at...

China’s Monetary Policy to Remain Steady Amid AI Advancements, Says PBOC Adviser

Oct 24, 2025 04:25 am UTC| Economy Central Banks Insights & Views

Chinas monetary policy framework is expected to remain unchanged as long as maintaining price stability remains the central goal, according to Huang Yiping, an adviser to the Peoples Bank of China (PBOC) and professor at...

Pakistan’s Central Bank Expected to Maintain Interest Rate at 11% Amid Inflation Concerns

Oct 24, 2025 04:22 am UTC| Economy Central Banks

Pakistans central bank is likely to keep its key interest rate steady at 11% during its upcoming policy meeting, according to a Reuters poll. All 10 analysts surveyed expect the State Bank of Pakistan (SBP) to maintain the...

Australia’s Central Bank to Modernize Interbank Settlement System for a Future-Ready Payments Network

Oct 24, 2025 01:50 am UTC| Economy Central Banks

Australias central bank is preparing to modernize its interbank settlement infrastructure, which processes about A$300 billion (US$194.9 billion) in daily transactions. Reserve Bank of Australia (RBA) Governor Michele...

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Economy

Chinese Airline Stocks Slip as Japan Travel Cancellations Surge Amid Diplomatic Tensions

Hong Kong-listed Chinese airline stocks declined on Monday as growing diplomatic tensions between Beijing and Tokyo triggered a wave of flight cancellations to Japan. Shares of Cathay Pacific Airways Limited, China...

Asia Stocks Rebound as Rate-Cut Hopes Lift Market Sentiment

Asian stock markets advanced on Monday, recovering part of last weeks losses as renewed expectations of a U.S. Federal Reserve interest rate cut in December strengthened investor confidence. Buying interest returned to the...

Oil Prices Steady as Markets Balance Ukraine Peace Hopes and New U.S. Sanctions

Oil prices held largely steady in Asian trading on Monday following a sharp weekly decline of about 3%, with traders assessing the contrasting forces of potential peace progress in Ukraine and the impact of newly...

Chinese Chip Stocks Slip as U.S. Considers Allowing Nvidia’s H200 AI Chip Sales

Chinese chipmaking stocks fell on Monday after reports surfaced that the Donald Trump administration was weighing whether to permit Nvidia to sell its advanced H200 artificial intelligence chip in China. The potential...

South Korea Eyes Taiwan Cooperation on U.S. Chip Tariffs as Negotiations Advance

South Korea is signaling potential cooperation with Taiwan as both economies navigate U.S. President Donald Trumps proposed semiconductor tariffs. Trade Minister Yeo Han-koo said in a recent radio interview that Taiwan is...

Politics

Global Auto Industry Faces New Chip Supply Shock as China Halts Nexperia Exports

A factory in Chinas industrial south has unexpectedly become a global choke point for automotive chips, exposing deep vulnerabilities in the auto sectors supply chain. Despite previous promises to strengthen semiconductor...

Union Urges Court to Compel Trump Administration to Restore CFPB Funding

A major federal employees union is asking a federal judge to force the Trump administration to resume funding for the Consumer Financial Protection Bureau (CFPB), warning that the agency could run out of money by the end...

Updated U.S.–Ukraine Peace Framework Aims to Revise Earlier Plan

The United States and Ukraine announced they have developed an updated and refined peace framework designed to end the ongoing war with Russia, revising an earlier proposal from the Trump administration that many in Kyiv...

China Warns Japan Over Taiwan Comments as Diplomatic Tensions Escalate

China has sharply criticized Japan after Foreign Minister Wang Yi condemned Prime Minister Sanae Takaichis recent remarks on Taiwan, calling them shocking and accusing Japan of crossing a red line. Wangs comments,...

Bolsonaro Blames Medication Mix-Up for Ankle Monitor Tampering as Detention Continues

Former Brazilian President Jair Bolsonaro told a judge on Sunday that a mix of prescribed anticonvulsant medications caused paranoia and hallucinations that led him to tamper with his electronic ankle monitor. His...

Science

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...

FDA Adds Fatal Risk Warning to J&J and Legend Biotech’s Carvykti Cancer Therapy

The U.S. Food and Drug Administration (FDA) has updated the safety labeling for Carvykti, the multiple myeloma therapy developed by Johnson Johnson and Legend Biotech, to include a warning about a rare but potentially...

Technology

CNN Pulls Stories from Apple News as New Distribution Deal Under Discussion

CNN has reportedly removed all of its news stories from Apple News, marking the end of the outlets current content-sharing agreement with the platform. According to a report published by Semafor, the decision appears to be...

Lenovo Boosts Memory Chip Stockpiles as AI Boom Drives Global Supply Strain

Lenovo Group (HK:0992), the worlds largest PC manufacturer, is accelerating its stockpiling of memory chips as the global semiconductor market tightens amid surging demand from the artificial intelligence sector. Speaking...

Snap to Roll Out Age Verification Tools in Australia as Under-16 Social Media Ban Nears

Snap is introducing new age-verification options for Australian users as the country prepares to enforce a landmark social media ban for children under 16. The regulation, considered one of the worlds toughest measures...

Australia’s Social Media Ban Pushes Young Creators to Consider Leaving the Country

Australias upcoming social media ban for children under 16 is sending shockwaves through the creator economy, prompting major YouTube figures like Jordan Barclay to consider moving their operations overseas. Barclay, known...

Baidu Stock Outlook Strengthens as JPMorgan Cites AI and Cloud as Key Growth Drivers

JPMorgan has taken a more bullish stance on Baidu, upgrading the Chinese tech giant to Overweight from Neutral and sharply increasing its price target from $110 to $188. The firm said Baidu is entering a new growth phase...