Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Boeing’s aircraft certification is under intense scrutiny as the FAA implements sweeping reforms after a January 737 MAX 9 incident. The changes aim to improve safety oversight and streamline the approval process, affecting MAX 7 and MAX 10 production timelines.
FAA Moves to Streamline Aircraft Certification
Investing.com reports that after a plane disaster in January, the chairman of the FAA is trying to make aircraft certification easier and increase oversight of Boeing.
After a door panel missing four bolts fell off an Alaska Airlines Boeing 737 MAX 9 in January, FAA Administrator Mike Whitaker said in an interview that the agency is also reevaluating its approach to broader aviation oversight.
The method for certifying aircraft is being reviewed by Whitaker.
"We are reviewing that to ensure that we are receiving the appropriate information and have the necessary tools to comprehend it. It may be more effective to involve ourselves earlier in the process to gain a better understanding of the situation," Whitaker stated. He also mentioned that the FAA is utilizing "better technology" to simplify the process.
Boeing’s MAX 7 Certification Delays Impact Airlines
Despite numerous setbacks, Boeing had anticipated to attain MAX 7 certification in 2022. To resolve an issue with engine de-icing, Boeing withdrew its request for a safety exemption in January. According to Whitaker's interview with Reuters, Boeing is expected to propose a de-icing patch this month.
The FAA can't certify the larger MAX 10 until the MAX 7 is certified. Airline delivery schedules have been extended due to delays. Reuters reported in September that Alaska Airlines CEO Ben Minicucci has stated his expectation that the airline will not acquire any 737 MAX 10s until mid-2026, at the latest.
Whitaker describes the FAA's shift from being "too hands off" to doing more in-person inspections as a "permanent change." As a result, the agency's control of Boeing has been significantly increased.
FAA Strengthens Oversight with Focus on Safety
"I think we've ramped up the level of oversight," stated the president. "The inspection points need to be focused on the key parts of that production process."
Whitaker increased the frequency of meetings and increased the number of senior officials on an agency's oversight committee. As part of a new strategy that "should give us a more agile oversight approach and prevent what may have been happening in the past," the FAA is implementing a policy of "continuously review our oversight models" for various entities, including Boeing, airlines, air traffic controllers, and others.
