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Central Banks

Thu, Sep 18, 2025 01:25 AM All times are UTC

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Singapore Central Bank Holds Monetary Policy Amid Better-Than-Expected Q2 Growth

Jul 30, 2025 01:27 am UTC| Economy Central Banks

Singapores central bank, the Monetary Authority of Singapore (MAS), left its monetary policy unchanged on Wednesday after second-quarter economic growth exceeded expectations. The MAS confirmed it would maintain the...

Pakistan Central Bank Expected to Cut Interest Rate as Inflation Eases

Jul 29, 2025 02:45 am UTC| Economy Central Banks

Pakistans central bank is widely expected to reduce its key policy rate by 50 basis points to 10.5% on Wednesday, according to a Reuters poll, as slowing inflation and stronger external reserves create room for further...

Bank of England Expected to Slow Quantitative Tightening Amid Market Pressures

Jul 28, 2025 05:20 am UTC| Economy Central Banks

The Bank of England (BoE) is anticipated to ease the pace of its quantitative tightening (QT) as it prepares to cut interest rates to 4% on August 7. Economists expect the policy statement to outline the central banks...

Japan’s Trade Deal with U.S. Boosts BOJ Rate Hike Prospects

Jul 28, 2025 00:24 am UTC| Economy Central Banks

Japans trade agreement with the United States is fueling expectations that the Bank of Japan (BOJ) may raise interest rates later this year. Sources familiar with the central banks stance suggest the deal reduces...

Fed Expected to Hold Rates as Markets Eye Jackson Hole Policy Signals

Jul 26, 2025 01:01 am UTC| Central Banks Economy

The Federal Reserve is widely anticipated to keep interest rates unchanged at its July meeting, maintaining a data-dependent stance as markets await clearer guidance at next months Jackson Hole symposium. Bank of America...

RBI Expected to Hold Repo Rate at 5.50% in August Amid Strong Growth and Low Inflation

Jul 25, 2025 02:29 am UTC| Economy Central Banks

The Reserve Bank of India (RBI) is likely to keep its key repo rate steady at 5.50% during its August 6 policy meeting, according to a Reuters poll of economists. This decision follows a larger-than-anticipated 50 basis...

Trump Presses Powell on Renovation Costs, Urges Fed to Cut Interest Rates

Jul 25, 2025 00:49 am UTC| Politics Economy Central Banks

President Donald Trump visited the Federal Reserve building on Thursday, inspecting renovation work alongside Fed Chair Jerome Powell. Both men wore hard hats as they toured the site, where Trump drew attention to...

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Economy

Oil Prices Steady as Fed Rate Cut Hints at Demand Boost

Oil prices held steady on Thursday after the U.S. Federal Reserve cut its benchmark interest rate as expected and signaled more reductions later this year. Brent crude slipped 0.12% to $67.87 a barrel, while U.S. West...

Brazil Central Bank Holds Selic Rate at 15%, Signals Long Pause Ahead

Brazils central bank kept its benchmark Selic interest rate unchanged at 15% on Wednesday, marking the second consecutive pause in monetary policy. The unanimous decision by the monetary policy committee (Copom) reflects a...

Dollar Steadies After Fed Rate Cut Sparks Volatility

The U.S. dollar held firm early Thursday after a sharp plunge to a 3-1/2-year low and swift rebound, as traders digested the Federal Reserves cautious outlook on interest rates. The Fed cut rates by 25 basis points on...

Fed Rate Cut Sends Nasdaq, S&P 500 Lower While Dow Gains

U.S. stocks ended mixed on Wednesday after the Federal Reserve cut interest rates by 25 basis points, a widely expected move. The Nasdaq and SP 500 slipped, while the Dow Jones Industrial Average closed higher as traders...

New Zealand Economy Shrinks Sharply, Raising Odds of October Rate Cut

New Zealands economy contracted more than expected in the second quarter of 2025, intensifying pressure on the Reserve Bank of New Zealand (RBNZ) to deliver a sharper rate cut next month. Official data released Thursday...

Politics

Disney’s ABC Pulls Jimmy Kimmel Live! After Controversial Remarks on Charlie Kirk Killing

Disneys ABC announced it will suspend Jimmy Kimmel Live! indefinitely following backlash over comments host Jimmy Kimmel made regarding the murder of conservative activist Charlie Kirk. The move came after Federal...

Russian Forces Push Forward as Fighting Intensifies Near Pokrovsk

Russias top general, Valery Gerasimov, said Wednesday that Moscows troops are advancing across multiple fronts in Ukraine, with the fiercest battles unfolding around the strategic hub of Pokrovsk in the Donetsk region....

U.S. Lawmakers Question TikTok Deal Over Beijing Influence

The future of TikTok in the United States is facing renewed scrutiny as lawmakers raise concerns about a potential U.S.-China framework deal. Representative John Moolenaar, chair of the House Select Committee on the...

Cuba Urges UN to Halt U.S. Military Escalation in Caribbean

Cuban Foreign Minister Bruno Rodriguez has called on the United Nations to intervene and stop the United States from escalating tensions in the Caribbean. At a press conference in Havana, Rodriguez urged the UN General...

Court Blocks Trump Administration’s HHS Reorganization Plan

A federal appeals court has temporarily blocked the Trump administrations plan to overhaul the U.S. Department of Health and Human Services (HHS), siding with 19 Democratic-led states and the District of Columbia. The...

Science

Neuralink Expands Brain Implant Trials with 12 Global Patients

Elon Musks brain-computer interface company, Neuralink, announced that 12 people worldwide have now received its brain implants. This is up from seven patients reported in June, when the companys partner, Barrow...

NASA and Roscosmos Chiefs Meet in Florida to Discuss Moon and ISS Cooperation

NASAs acting administrator Sean Duffy met with Roscosmos chief Dmitry Bakanov at the Kennedy Space Center in Florida on Thursday, marking the first face-to-face meeting between the U.S. and Russian space leaders since...

NASA Faces Major Workforce Reduction as 20% of Employees Prepare to Leave

NASA is bracing for a significant workforce reduction, with roughly 20% of its employees expected to leave the agency in the coming weeks. According to a NASA spokesperson, about 3,870 staff members are anticipated to...

FDA Lifts REMS Requirement for CAR-T Cell Cancer Therapies

The U.S. Food and Drug Administration (FDA) has removed the Risk Evaluation and Mitigation Strategies (REMS) requirement for all currently approved CAR-T cell therapies, a move expected to improve patient access to these...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

Technology

Meta’s ‘Celeste’ Smart Glasses Aim to Redefine AI Wearables

Meta is set to debut its first consumer-ready smart glasses with a built-in display, marking a major step forward in its wearable tech strategy. Expected to be named Celeste, the glasses will launch alongside Metas first...

Alibaba Stock Surges on AI Chip Progress and Jack Ma’s Comeback Buzz

Alibaba Group (NYSE: BABA; HKG: 9988) shares jumped 4.8% to HK$160.10 in Hong Kong on Wednesday, reaching their highest level since November 2021. The rally boosted the Hang Seng index by 1.5%, fueled by optimism over...

Australia Tests Bank-Owned Software for Teen Social Media Ban

Australia is preparing to enforce its world-first ban on teenagers using social media, set to begin in December, and banks may play an unexpected role. Major lenders are testing ConnectID, an identity verification tool...

China’s SMIC Trials First Domestic Advanced Chipmaking Equipment for AI Processors

Semiconductor Manufacturing International Corp (HK:0981), Chinas largest chipmaker, is conducting trials on the countrys first domestically built advanced chipmaking equipment, according to the Financial Times. The...

China Backs TikTok Deal as U.S. Ownership Talks Advance

China has welcomed the framework deal to transfer TikToks U.S. assets to American ownership, calling it a win-win move that reflects mutual respect and cooperation. The agreement, reached in Madrid, would shift control of...