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Tue, Apr 21, 2026 03:26 AM All times are UTC

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Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks

Mar 20, 2026 05:56 am UTC| Business Central Banks Economy

Goldman Sachs has revised its outlook for Bank of England interest rate cuts, now pushing expectations back to 2027 after the central bank held rates steady and flagged growing inflation concerns tied to the ongoing Middle...

China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month

Mar 20, 2026 02:17 am UTC| Economy Central Banks

Chinas central bank kept its benchmark lending rates unchanged on Friday, marking the tenth straight month without an adjustment as policymakers weigh additional measures to strengthen the countrys economic momentum. The...

ECB Holds Rates at 2.00% as Middle East Energy Shocks Cloud Inflation Outlook

Mar 19, 2026 16:03 pm UTC| Central Banks Insights & Views

At its March 19, 2026 meeting, the European Central Bank chose to hold all key interest rates steady, maintaining the deposit facility at 2.00%, the main refinancing rate at 2.15%, and the marginal lending facility at...

BoE Holds Rates at 3.75% as Middle East Energy Shocks Stall Disinflation

Mar 19, 2026 15:14 pm UTC| Central Banks Insights & Views

At its March 19, 2026, policy meeting, the Bank of England (BoE) maintained its restrictive monetary attitude, choosing to keep the Bank Rate at 3.75% in a move consistent with overwhelming market expectations. The...

ECB Holds Rates Steady at 2.00% as Middle East Energy Shocks Cloud Inflation Outlook

Mar 19, 2026 11:56 am UTC| Central Banks Insights & Views

At its March 19, 2026, policy meeting, the European Central Bank (ECB) kept its wait-and-see attitude by opting not to change any of the main interest rates. In a move reflecting a neutral attitude against a complicated...

SNB Holds at 0% and Flags FX Intervention to Curb Franc Strength

Mar 19, 2026 11:04 am UTC| Central Banks Insights & Views

At its March 19, 2026, policy meeting, the Swiss National Bank (SNB) stayed course and maintained the headline policy rate at 0.00%. Consistent with market expectations, the central bank maintained its sight deposit...

Fed Holds Steady at 3.75% as Middle East Tensions Fuel Inflation Caution

Mar 19, 2026 04:44 am UTC| Central Banks Insights & Views

Maintaining the federal funds target range at 3.50% to 3.75%, the Federal Open Market Committee (FOMC) finished its March 2026 meeting a decision motivated by ongoing inflation and increased worldwide instability. The...

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Economy

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Asian Stocks Rise on AI Optimism and Iran Peace Talk Hopes

Asian stock markets opened higher on Tuesday, supported by renewed optimism around artificial intelligence (AI) demand and reports that Iran may join peace talks with the United States. The positive sentiment helped lift...

KOSPI Hits Record High as AI Chip Demand Lifts SK Hynix and Samsung Stocks

South Koreas KOSPI index climbed to an all-time high on Tuesday, driven largely by strong gains in technology stocks, particularly semiconductor giants benefiting from the artificial intelligence (AI) boom. The benchmark...

U.S. Stock Futures Hold Steady as Investors Monitor Iran Tensions and Key Economic Events

U.S. stock futures were mostly unchanged Monday night following a slightly negative close on Wall Street, as investors remained cautious amid escalating tensions between the United States and Iran ahead of a potential...

Oil Prices Slip as U.S.-Iran Tensions and Ceasefire Uncertainty Weigh on Markets

Oil prices edged lower in early Asian trading on Tuesday as investors assessed conflicting signals surrounding potential U.S.-Iran negotiations ahead of a looming ceasefire deadline. The market remains highly sensitive to...

Politics

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

Trump Invokes Defense Production Act to Boost U.S. Energy Supply Amid Rising Fuel Prices

U.S. President Donald Trump has invoked the Defense Production Act (DPA) to accelerate domestic energy production, according to a White House announcement. The move comes as the administration seeks to counter rising fuel...

U.S. Labor Secretary Lori Chavez-DeRemer Steps Down, Deputy to Serve as Acting Chief

U.S. Labor Secretary Lori Chavez-DeRemer is stepping down from her position, according to an announcement made Monday by White House Director of Communications Steven Cheung. The sudden leadership change at the Department...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...

Tesla Q1 Earnings Preview: Robotaxi Delays and SpaceX Merger Speculation Grow

Teslas upcoming first-quarter earnings report, expected Wednesday, may do little to ease investor concerns about the companys long-promised robotaxi strategy. According to analysts at Jefferies, the widening gap between...