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Central Banks

Tue, Dec 02, 2025 03:12 AM All times are UTC

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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...

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...

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Economy

Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows

Japanese Finance Minister Satsuki Katayama reaffirmed on Tuesday that the government and the Bank of Japan (BOJ) share a consistent view of the nations economic outlook, even as speculation increases over a possible...

Oil Prices Rise as Geopolitical Tensions and Supply Risks Intensify

Oil prices climbed for a second straight session on Tuesday as traders evaluated escalating geopolitical risks, including Ukrainian drone strikes on Russian energy facilities and growing friction between the U.S. and...

South Korea Inflation Edges Up in November as Food and Service Costs Climb

South Koreas inflation accelerated in November, with consumer prices rising 2.4% year-on-year, supported by higher food and service costs. The latest Consumer Price Index (CPI) reading aligned closely with market...

U.S. Cyber Monday Online Sales Surge Past $9.1 Billion as Holiday Shopping Momentum Builds

U.S. consumers pushed online spending to new heights this Cyber Monday, generating more than $9.1 billion in sales by early evening, according to Adobe Analytics. The strong performance highlights how shoppers across...

U.S. May Withhold $30.4 Million From Minnesota Over Improper Commercial Driver Licenses

The U.S. Transportation Department has warned Minnesota that it could lose up to $30.4 million in federal highway funding after an audit found the state had improperly issued commercial driver licenses (CDLs) to non-U.S....

Politics

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...

U.S. Backs Bayer in Supreme Court Battle Over Roundup Cancer Lawsuits

The Trump administration has thrown its support behind Bayer as the company urges the U.S. Supreme Court to review thousands of lawsuits alleging its Roundup weedkiller causes cancer. In a filing submitted by U.S....

Maduro Vows “Absolute Loyalty” as Venezuela–U.S. Tensions Intensify

Venezuelan President Nicolás Maduro reaffirmed his absolute loyalty to the Venezuelan people on Monday, delivering a defiant message as political and military tensions with the United States continue to rise....

Trump Intensifies Pressure on Venezuela as U.S. Reviews Counter-Narcotics Strategy

U.S. President Donald Trump met with his top national security advisers on Monday to discuss the administrations escalating pressure campaign on Venezuela, according to a senior U.S. official. The closed-door meeting in...

Russia Claims Capture of Pokrovsk and Vovchansk as Fighting Intensifies

Russian military commanders informed President Vladimir Putin that their forces had seized the frontline Ukrainian towns of Pokrovsk and Vovchansk, presenting the advances as major steps forward in the ongoing war. Despite...

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

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...

Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market

Samsung Electronics has officially introduced its first multi-folding smartphone, the Galaxy Z TriFold, marking a strategic move to secure a stronger foothold in the rapidly evolving foldable smartphone market. As...

Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges

Morgan Stanley has raised its price targets for Nvidia and Broadcom following a series of industry meetings in Asia and the U.S. that highlighted accelerating AI demand and tightening semiconductor supply. Analysts noted...

Intel Boosts Malaysia Operations with Additional RM860 Million Investment

Malaysia is set to strengthen its position as a regional semiconductor hub after Prime Minister Anwar Ibrahim confirmed that Intel will invest an additional 860 million ringgit (about $208 million) to expand its assembly...