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Wed, Dec 03, 2025 01:30 PM All times are UTC

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Bank of Japan Signals Imminent Rate Hike Amid Growing Wage Momentum

Nov 10, 2025 01:30 am UTC| Central Banks Economy

The Bank of Japan (BOJ) is signaling a stronger likelihood of raising interest rates soon, as policymakers see mounting evidence that Japans economy is ready to handle higher borrowing costs. According to a summary of...

BOE’s Razor-Thin 5-4 Vote: Bailey Slams Brakes on Rate Cut, December Fireworks Loading

Nov 06, 2025 13:10 pm UTC| Central Banks Insights & Views

By the narrowest five-four margin, the Bank of England held rates at 4% in a nail-biting November 7 confrontation, with Governor Andrew Bailey casting the lethal vote against a 25bps drop. Doves Sarah Breeden, Swati...

Bank of England’s Rate Decision: Markets Braced for a Close Call

Nov 06, 2025 04:59 am UTC| Central Banks Insights & Views

With a very split market view, the Bank of England (BOE) will announce its interest rate choice today at 12:00 GMT. Although most experts prefer the Monetary Policy Committee (MPC) to keep the Bank Rate at 4%, the choice...

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...

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Economy

Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low

Asian currencies traded mostly steady on Wednesday as investors turned their focus to the upcoming U.S. Federal Reserve meeting, where markets are increasingly pricing in a potential interest rate cut. The cautious...

Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut

Gold prices held firm during Asian trading on Wednesday as investors turned cautious ahead of upcoming U.S. economic data and next weeks Federal Reserve meeting, where expectations for a rate cut remain strong. Spot gold...

Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity

Australias economy lost some momentum in the September quarter, posting slower-than-expected growth as rising inventories weighed heavily on overall performance. According to fresh data released by the Australian Bureau of...

Japan’s Service Sector Sustains Growth Momentum in November

Japans services sector continued to expand steadily in November, supported by stronger domestic demand and rising business confidence, according to the latest SP Global Services PMI report. The final Services Purchasing...

South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3

South Koreas economy recorded a stronger expansion in the third quarter of the year, growing 1.3% according to revised data released by the Bank of Korea. The updated figure comes in slightly higher than the central banks...

Politics

Trump Administration Halts Immigration, Green Card, and Citizenship Processing for 19 Countries

The Trump administration has temporarily suspended all immigration applicationsincluding green card and U.S. citizenship petitionsfiled by immigrants from 19 specific countries, according to a report from the New York...

Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call

U.S. President Donald Trump and Brazilian President Luiz Inacio Lula da Silva held a 40-minute phone call on Tuesday focused on strengthening bilateral trade, economic cooperation, and joint efforts to combat international...

U.S. Defense Chief Pete Hegseth Defends Controversial Second Strike on Suspected Drug-Smuggling Vessel

U.S. Defense Secretary Pete Hegseth defended the controversial follow-up strike on a suspected drug-smuggling vessel, stating he observed the initial September 2 attack in real time but did not witness any survivors in the...

Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative

Entrepreneur Michael Dell and his wife, Susan Dell, have announced a landmark $6.25 billion philanthropic pledge to support the Trump administrations new Invest America initiative, often referred to as Trump accounts. As...

Trump Claims He Will Void Biden Documents Signed with Autopen

U.S. President Donald Trump said Tuesday that he intends to nullify all documents, including pardons and commutations, that he claims were signed by former President Joe Biden using an autopen. The autopen, a long-standing...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

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...

Technology

YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban

Googles YouTube has confirmed it will comply with Australias groundbreaking ban preventing children under 16 from maintaining social media accounts, marking a major shift after the platform initially resisted the policy....

Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum

Microchip Technology has raised its forecast for third-quarter revenue and earnings after reporting stronger-than-expected bookings, lifting investor confidence and pushing its shares up 2.3% in after-hours trading. The...

Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup

The Trump administration has reportedly reached an agreement to acquire an equity stake in XLight, the new technology startup founded by former Intel CEO Pat Gelsinger. According to a Wall Street Journal report citing the...

Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation

Apple has appointed veteran artificial intelligence researcher Amar Subramanya as its new Vice President of AI, a significant move as the company works to strengthen its position in the increasingly competitive AI...

Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks

Australia has announced a new National AI Plan aimed at accelerating the adoption of artificial intelligence across the countrys economy while relying on existing regulations to manage emerging risks. The centre-left Labor...