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Fri, Nov 28, 2025 01:06 PM All times are UTC

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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...

Federal Reserve to Restructure Supervision Division, Slash Staff by 30% Amid Efficiency Push

Oct 31, 2025 02:14 am UTC| Central Banks

The U.S. Federal Reserve is set to implement major organizational changes within its supervision and regulation division under the leadership of Vice Chair for Supervision Michelle Bowman. According to an internal email...

RBA Expected to Hold Interest Rates at 3.60% as Inflation Surges Beyond Target

Oct 31, 2025 01:56 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is set to maintain its key interest rate at 3.60% during its upcoming policy meeting on November 4, according to a Reuters poll of 34 economists. The decision follows a...

Lagarde Holds Firm: ECB to Keep Rates Steady, Citing "Resilient" Economy

Oct 30, 2025 10:55 am UTC| Central Banks Insights & Views

For its third straight meeting, the European Central Bank is generally anticipated to hold the key deposit facility rate at 2.0%. Following an intense cutting cycle between June 2024 and June 2025eight cuts for 200 basis...

Bank of Japan Holds Interest Rates Steady Amid Economic Uncertainty

Oct 30, 2025 03:54 am UTC| Central Banks Economy

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 0.5% on Thursday, aligning with market expectations as the central bank navigates mounting economic uncertainty and a shifting fiscal landscape. Despite...

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Economy

Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist

Kazakhstans central bank has decided to keep its benchmark interest rate unchanged at 18%, signaling a cautious approach to monetary policy as inflation remains a key concern for the countrys financial stability. The...

U.S. Thanksgiving Online Sales Surge as Shoppers Seek Deep Discounts

Online sales in the U.S. on Thanksgiving Day are projected to climb 6% from last year, reaching an estimated $8.6 billion, according to new Salesforce data released Thursday. The strong uptick in online spending highlights...

India’s IT Sector Faces Sharp 2025 Valuation Reset as Mid-Caps Outshine Large Players

Indias information technology sector is experiencing a major valuation reset in 2025, with the Nifty IT index sinking well below the Nifty 50 and underperforming by nearly 25% year-to-date. According to a recent Jefferies...

European Luxury Market Set for a Strong Rebound in 2026, UBS Says

European luxury goods companies are positioned for a meaningful recovery in 2026 after two challenging years marked by stagnant sales and an estimated 20% drop in earnings, according to a new UBS sector outlook. The...

Gold Prices Climb in Asia as Rate-Cut Hopes Strengthen and CME Outage Hits Trading

Gold prices advanced in Asian trading on Friday and were on track to secure a fourth consecutive month of gains in November, supported by growing expectations that the U.S. Federal Reserve will begin cutting interest rates...

Politics

Japan Approves $117 Billion Budget to Power Stimulus and Support Growth

Japans Prime Minister Sanae Takaichi has approved a $117 billion supplementary budget for the current fiscal year, marking one of the countrys most expansive fiscal moves in recent years. The new package, largely financed...

Indonesia Pushes Back Against U.S. “Poison Pill” Tariff Demand Amid China Tensions

Indonesia is reportedly pushing back against U.S. efforts to introduce so-called poison pill clauses into a proposed reciprocal tariff trade agreement, according to a Financial Times report citing individuals familiar with...

Trump Calls for Permanent Pause on Migration After National Guard Shooting Near White House

U.S. President Donald Trump said Thursday that his administration will pursue a permanent halt to migration from what he described as Third World Countries, stating that doing so is necessary to allow the U.S. immigration...

Trump Signals Possible Elimination of U.S. Income Tax as Tariff Revenues Rise

U.S. President Donald Trump suggested on Thursday that his administration is considering major tax changes, including the possibility of eliminating federal income tax over the next few years. Speaking to American military...

Vietnam’s Growing Use of Chinese 5G Technology Raises Western Concerns

Chinas telecom giants Huawei and ZTE have secured several 5G equipment contracts in Vietnam this year, signalling closer ties between Hanoi and Beijing and triggering concern among Western officials, according to multiple...

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

Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount

Dutch semiconductor manufacturer Nexperia is pressing its China-based operations to immediately restart production as supply disruptions threaten to halt manufacturing for its global customers. In an open letter released...

Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds

Apple has formally notified the European Commission that its Apple Ads and Apple Maps services now meet the criteria set under the European Unions Digital Markets Act (DMA). The confirmation, announced by the Commission on...

TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation

Taiwan prosecutors have launched a formal investigation into allegations that a former senior TSMC executive, Wei-Jen Lo, leaked confidential company information after joining Intel. Authorities confirmed that...

Quantum Systems Projects Revenue Surge as It Eyes IPO or Private Sale

German drone manufacturer Quantum Systems is forecasting a strong year ahead, with Chief Financial Officer Jonas Jarosch revealing that the company expects its 2024 sales to more than double, surpassing 200 million. The...

Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify

Chinas tech giant Baidu has begun a new round of large-scale layoffs affecting multiple business units, according to six sources familiar with the matter. The job cuts come as the company faces mounting pressure from rapid...