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Bank of Canada lowers rates, sees growth steady through 2027

Oct 29, 2025 14:43 pm UTC| Central Banks

The Bank of Canada (BoC) cut its benchmark interest rate to 2.25% on Wednesday, a move that was generally expected by markets. The central banks most recent policy statement, the first since January, provided a clearer...

Fed’s Expected Rate Cut Amid Economic Uncertainty and Data Blackout

Oct 29, 2025 08:10 am UTC| Central Banks Insights & Views

Many expect the Federal Reserve to bring the federal funds rate down to a range of 3.75%4.00% at the end of its October 28-29 session. This decision is evidence of the Feds first concern to solve growing labor market...

Japan’s Service Inflation Rises as Labour Costs Drive Price Growth Ahead of BOJ Meeting

Oct 27, 2025 00:33 am UTC| Economy Central Banks

Japans service-sector inflation gained momentum for the second consecutive month in September, reinforcing expectations that rising labour costs will help sustain inflation near the Bank of Japans (BOJ) 2% target....

China Expected to Ease Monetary and Fiscal Policies to Support Economic Growth

Oct 25, 2025 06:36 am UTC| Economy Central Banks Insights & Views

China is likely to implement more supportive monetary and fiscal policies to stabilize its slowing economy, according to Huang Yiping, an adviser to the Peoples Bank of China and professor at Peking University. Speaking at...

China’s Monetary Policy to Remain Steady Amid AI Advancements, Says PBOC Adviser

Oct 24, 2025 04:25 am UTC| Economy Central Banks Insights & Views

Chinas monetary policy framework is expected to remain unchanged as long as maintaining price stability remains the central goal, according to Huang Yiping, an adviser to the Peoples Bank of China (PBOC) and professor at...

Pakistan’s Central Bank Expected to Maintain Interest Rate at 11% Amid Inflation Concerns

Oct 24, 2025 04:22 am UTC| Economy Central Banks

Pakistans central bank is likely to keep its key interest rate steady at 11% during its upcoming policy meeting, according to a Reuters poll. All 10 analysts surveyed expect the State Bank of Pakistan (SBP) to maintain the...

Australia’s Central Bank to Modernize Interbank Settlement System for a Future-Ready Payments Network

Oct 24, 2025 01:50 am UTC| Economy Central Banks

Australias central bank is preparing to modernize its interbank settlement infrastructure, which processes about A$300 billion (US$194.9 billion) in daily transactions. Reserve Bank of Australia (RBA) Governor Michele...

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Economy

U.S. Stocks Surge as December Fed Rate Cut Bets Strengthen

Wall Street ended the week on a strong note Friday, with major U.S. stock indexes climbing sharply as expectations for a Federal Reserve rate cut in December gained momentum. The rebound helped ease concerns about...

BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions

The Bank of Japan appears to be approaching a pivotal decision to raise interest rates sooner rather than later, according to board member Kazuyuki Masu. In an interview with the Nikkei, Masu emphasized that the timing of...

Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity

The Brazilian central bank announced that it will conduct two U.S. dollar auctions with repurchase agreements on Monday morning, offering up to $2 billion to help maintain stability in the foreign exchange market....

Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided

New York Fed President John Williams has shifted market sentiment sharply, reviving expectations for a December interest rate cut after weeks of uncertainty. His latest remarks suggested the Federal Reserve still sees room...

EU Can Counter U.S. Tariffs by Reducing Internal Trade Barriers, Says Lagarde

European Central Bank President Christine Lagarde says the European Union has the power to offset the economic impact of U.S. trade tariffsif it takes decisive steps to reduce internal barriers and strengthen cross-border...

Politics

U.S. and China Hold “Frank and Constructive” Maritime Security Talks in Hawaii

The United States and China took a cautious but meaningful step toward rebuilding military communication channels this week, as naval representatives from both nations met for several days of maritime security discussions...

Marjorie Taylor Greene Quits Congress After Rift with Trump Deepens

U.S. Representative Marjorie Taylor Greene announced her resignation from Congress, citing an irreparable fallout with President Donald Trump and growing frustration with Washingtons political dysfunction. The Georgia...

G20 Summit Moves Forward Without U.S. as Leaders Push Climate-Focused Agenda

Leaders from the Group of 20 major economies convened in Johannesburg for a summit notably boycotted by the United States, after a draft declaration was prepared without U.S. input. According to multiple sources, G20...

U.S. Pressures Ukraine to Accept Peace Framework, Sources Say

The United States is reportedly applying its strongest pressure yet on Ukraine to accept the outline of a U.S.-brokered peace agreement aimed at ending the ongoing conflict with Russia, according to two individuals...

Putin Envoy Says U.S. Ukraine Peace Plan Aims to Prevent Further Losses

Russian President Vladimir Putins investment envoy, Kirill Dmitriev, has defended the U.S. administrations proposed plan to end the war in Ukraine, arguing that the initiative is intended to prevent Kyiv from suffering...

Science

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...

FDA Adds Fatal Risk Warning to J&J and Legend Biotech’s Carvykti Cancer Therapy

The U.S. Food and Drug Administration (FDA) has updated the safety labeling for Carvykti, the multiple myeloma therapy developed by Johnson Johnson and Legend Biotech, to include a warning about a rare but potentially...

Technology

U.S. May Ease Limits on Nvidia’s H200 AI Chip Sales to China

The Trump administration is weighing whether to allow Nvidia to resume selling its powerful H200 artificial intelligence chips to China, according to sources familiar with the discussions. This review by the U.S. Commerce...

U.S. Judge Weighs Potential Google Ad Tech Breakup as DOJ Pushes for Swift Action

A U.S. judge overseeing the landmark antitrust case against Googles advertising technology business is pressing the Department of Justice (DOJ) on how quickly a potential breakup could be implemented, emphasizing that time...

Ubisoft Surges on Strong Q2 Bookings and Tencent Investment Boost

French video game publisher Ubisoft reported stronger-than-expected second-quarter results, delivering a significant jump in net bookings and securing a major financial boost through its partnership with Chinas Tencent....

Australia Expands Teen Social Media Ban to Include Twitch, Excludes Pinterest

Australia is set to become the first country in the world to enforce a nationwide social media ban for children aged 16 and under, and the list of platforms affected continues to evolve. The countrys eSafety Commissioner...

Salesforce Probes Unusual Activity Linked to Gainsight Apps After Potential Data Exposure

Salesforce announced that it is investigating unusual activity involving Gainsight-published applications after discovering that the integrations may have exposed certain customers Salesforce data. According to a statement...
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