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RBNZ Hits the Brakes: Rate Cuts Pause Amidst Inflation Uncertainty

Jul 09, 2025 03:27 am UTC| Central Banks Insights & Views

The Reserve Bank of New Zealand (RBNZ) chose on July 9, 2025, to keep its Official Cash Rate (OCR) at 3. 25%. This move halts a series of six straight rate reductions started in August 2024, mostly predicted by financial...

Australia’s Central Bank Eyes U.S. Tariff Risks Amid Global Uncertainty

Jul 09, 2025 01:04 am UTC| Economy Central Banks

Australias central bank is closely monitoring U.S. tariff developments, as global economic uncertainty grows, according to Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser. Speaking at a Sydney event on...

RBA Shocks Markets: Holds Rates Steady Amid Cautious Outlook Despite Softer Inflation

Jul 08, 2025 05:43 am UTC| Central Banks Insights & Views

During its monetary policy decision on July 8, 2025, the Reserve Bank of Australia (RBA) stunned markets by keeping its cash rate unchanged at 3. 85%. This decision ran counter to market and economist expectations for a 25...

Vietnam Central Bank to Maintain Flexible Monetary Policy to Support Growth

Jul 08, 2025 03:32 am UTC| Economy Central Banks

Vietnams central bank announced plans to maintain a flexible monetary policy throughout the rest of 2025, emphasizing support for economic growth amid persistent global uncertainties. Deputy Governor of the State Bank of...

Bank of Korea to Hold Rates in July, Eyes September Cut Amid Debt and Housing Risks

Jul 08, 2025 02:33 am UTC| Economy Central Banks

The Bank of Korea (BOK) is expected to keep its benchmark interest rate at 2.50% on July 10, according to a Reuters poll of 33 economists, as concerns over rising household debt and soaring Seoul housing prices outweigh...

ECB Forum 2025 Highlights Europe's Monetary Policy Challenges Amid Global Shifts

Jul 06, 2025 11:24 am UTC| Economy Central Banks Insights & Views

At the 2025 ECB Forum in Sintra, global central bankers tackled how monetary policy must adapt to rising geopolitical tensions and structural economic changes. Under the theme Adapting to change: macroeconomic shifts and...

ECB Likely to Delay Rate Cut to September Amid Euro Surge and Trade Uncertainty

Jul 04, 2025 14:20 pm UTC| Economy Central Banks

The European Central Bank (ECB) is expected to hold off on further interest rate cuts until September, as rising trade tensions and a strengthening euro cloud the eurozones economic outlook, according to analysts at...

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Economy

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Politics

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Trump Teases Imminent Release of UFO Documents After Government Review

President Donald Trump announced Friday that his administrations review of classified UFO-related materials has uncovered a number of interesting documents, with the first batch expected to be made public very soon....

South Korea Denies U.S. Intelligence Restrictions Over North Korean Nuclear Site Disclosure

South Koreas Unification Ministry stated Friday it has no knowledge of any formal U.S. protest or intelligence-sharing restrictions, following media reports suggesting Washington expressed frustration over a cabinet...

Peru Election 2025: Vote Count Delays Spark Calls to Remove Electoral Chief

Pressure is mounting on Perus electoral authority amid a slow and controversial vote count following the April 12 presidential election. Piero Corvetto, head of the National Office of Electoral Processes (ONPE), is facing...

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

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 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

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...
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