Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Central Banks

Wed, Nov 26, 2025 08:59 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

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...

Fed's Double-Edged Sword: 25bps Cut & QT Halt Clash with Powell's Hawkish Pushback

Oct 30, 2025 03:06 am UTC| Central Banks Insights & Views

Delivering its second straight interest rate cut of 2025, the Federal Reserve reduced the federal funds rate by 25 basis points to a target range of 3.75%-4.00%. Ten of twelve FOMC members backed the decision, which came...

Hong Kong Monetary Authority Cuts Interest Rate by 25 Basis Points Following U.S. Federal Reserve Move

Oct 30, 2025 02:44 am UTC| Economy Central Banks

The Hong Kong Monetary Authority (HKMA), the citys de-facto central bank, has reduced its base interest rate by 25 basis points to 4.25%, mirroring the U.S. Federal Reserves latest policy shift. The move, announced...

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...

1 2 3 4 5 6 7 8 9 10

Economy

South Korea Finance Chief Signals Support for Weak Won but Avoids Specific Policy Moves

South Koreas Finance Minister Koo Yun-cheol pledged on Wednesday to take action to stabilise the weakening won, but stopped short of outlining concrete policy measures. His comments come amid growing concern over the...

China Boosts U.S. Soybean Purchases After Positive Trump–Xi Call

China has significantly increased its purchases of U.S. soybeans, securing at least 10 cargoes worth roughly $300 million since Tuesday, according to traders familiar with the deals. The renewed buying spree follows a...

Dollar Slips as Rate-Cut Expectations Rise; Kiwi and Aussie Gain on Central Bank Signals

The U.S. dollar weakened on Wednesday as soft economic data reinforced expectations that the Federal Reserve will cut interest rates in December. Investors are increasingly betting that the likely next Fed chair could...

Asian Stocks Climb as Weak U.S. Data Fuels Fed Rate Cut Expectations

Asian markets advanced on Wednesday, following gains on Wall Street after softer U.S. economic data boosted expectations of an interest rate cut by the Federal Reserve next month. MSCIs broadest index of Asia-Pacific...

BOJ Signals Possible December Rate Hike as Yen Weakness Raises Inflation Risks

The Bank of Japan (BOJ) is strengthening its hawkish tone, preparing markets for the possibility of an interest rate hike as early as next month. According to sources familiar with the central banks thinking, policymakers...

Politics

Asian Currencies Steady as Rate-Cut Bets Rise; Aussie and Kiwi Dollars Outperform

Asian currencies held largely steady on Wednesday as traders assessed growing expectations of a U.S. Federal Reserve rate cut next month, while the Australian and New Zealand dollars strengthened on key domestic triggers....

Taiwan Boosts Defence Budget With Major U.S. Arms Purchases to Counter China

Taiwan is set to introduce a landmark $40 billion supplementary defence budget, signaling a strengthened commitment to defending its sovereignty as tensions with China continue to rise. In an op-ed for the Washington Post,...

Trump Voices Confidence in FBI Director Kash Patel Despite Report of Possible Ouster

President Donald Trump expressed strong support for FBI Director Kash Patel on Tuesday after a report from MS NOW claimed the president was weighing whether to remove him from his post. Speaking to reporters aboard Air...

Senator Markey Warns Trump Against Restarting U.S. Nuclear Weapons Testing

Democratic U.S. Senator Edward Markey has urged President Donald Trump not to resume explosive nuclear weapons testing, warning that such a move could trigger similar actions by Russia and China and escalate global nuclear...

Trump Says Xi Agreed to Speed Up China’s Purchases of U.S. Goods

U.S. President Donald Trump said he urged Chinese President Xi Jinping to accelerate and expand Chinas purchases of American goods during a phone call on Monday, adding that Xi had more or less agreed to do so. Speaking to...

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

Singapore Orders TikTok and Meta to Block Accounts Linked to Radicalisation Concerns

Singapore has directed TikTok and Meta to block access to the social media accounts of an Australian-based former Singaporean, Zulfikar bin Mohamad Shariff, after authorities said he contributed to the radicalisation of...

Amazon Prime Air Drone Under Federal Investigation After Cable-Severing Incident in Texas

Amazon (NASDAQ: AMZN) is facing increased scrutiny after one of its Prime Air delivery drones accidentally sliced through an internet cable in Waco, Texas, prompting a federal investigation. The incident, first reported by...

Kioxia Shares Slide as Bain-Backed Entity Prepares $2 Billion Block Sale

Kioxia shares fell sharply on Wednesday after reports surfaced that an entity backed by Bain Capital plans to unload a large stake in the Japanese memory chipmaker. The stock dropped 8.8% to 8,982 yen, hitting a one-month...

OpenAI Forecasts Massive Growth in ChatGPT Subscriptions as User Base Expands

OpenAI is projecting a significant surge in paid ChatGPT subscribers over the coming years, according to a recent report from The Information. The artificial intelligence company expects that by 2030, around 8.5% of its...

Foxconn Secures Approval for Additional $569 Million Investment in Wisconsin

Taiwan-based manufacturing giant Foxconn has received regulatory approval to move forward with an additional $569 million investment in Wisconsin, marking a significant step in the companys long-evolving U.S. expansion...