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Central Banks

Tue, Oct 06, 2026 01:21 PM All times are UTC

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Bank of Canada holds rates, warns of renewed trade risks

Sep 02, 2026 20:21 pm UTC| Central Banks

The Bank of Canada (BoC) kept its policy rate unchanged at 2.25%, in line with market expectations. In its opening statement, the central bank said the ongoing conflict in the Middle East and the breakdown in trade talks...

RBNZ Hikes OCR to 2.75% Amid Inflationary Pressures and Growth Concerns

Sep 02, 2026 08:34 am UTC| Central Banks Insights & Views

Increasing the Official Cash Rate (OCR) by 25 basis points to 2.75%, the Reserve Bank of New Zealand (RBNZ) marks its second such increase of 2026. Inflation rates far above the 13% target range, aggravated by Middle East...

Bank of England Sees Surge in Higher-Risk Collateral

Sep 02, 2026 04:47 am UTC| Economy Central Banks

British banks are increasingly using higher-risk loans and securities as collateral to access Bank of England funding, highlighting how the central banks exposure to potentially illiquid assets is growing. Banks pledged...

RBNZ Raises Interest Rate to 2.75%, Kiwi Dollar Slides

Sep 02, 2026 04:32 am UTC| Central Banks Economy

The Reserve Bank of New Zealand (RBNZ) raised its official cash rate by 25 basis points to 2.75% on Wednesday, matching market expectations while signaling a more cautious approach to future interest rate hikes. The New...

Australia GDP Beats Forecast, Boosting RBA Rate Hike Bets

Sep 02, 2026 04:27 am UTC| Economy Central Banks

Australias economy expanded faster than expected in the second quarter, adding to expectations that the Reserve Bank of Australia could raise interest rates again as persistent inflation and resilient economic activity...

UAE Central Bank Probes Banque Misr Over Iran Links

Aug 30, 2026 00:50 am UTC| Economy Central Banks

The Central Bank of the United Arab Emirates has launched an urgent investigation into Banque Misrs UAE branches following a U.S. move to restrict the lenders access to the dollar clearing system over alleged financial...

Warsh strikes hawkish tone at Jackson Hole

Aug 28, 2026 16:56 pm UTC| Central Banks

Fed Chair Kevin Warsh delivered his speech, titled In Our Time, at the Federal Reserve Bank of Kansas Citys Jackson Hole Economic Symposium, emphasizing that the U.S. economy remains resilient and the labor market is close...

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Economy

Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge

U.S. President Donald Trump signed an executive order on Monday expanding access to tax-exempt dyed diesel as soaring fuel prices and global oil supply disruptions put pressure on American consumers and businesses. Under...

Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households

Australian consumer confidence fell sharply in October as households grew increasingly worried about rising living costs, higher interest rates, personal finances and the jobs outlook, according to data released Tuesday by...

Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings

Shares of South Korean chip giants Samsung Electronics and SK Hynix declined on Tuesday as investors turned cautious ahead of their third-quarter earnings reports, despite broader strength across the global semiconductor...

Asian Currencies Steady as Dollar Holds Near 18-Month High

Asian currencies traded mostly flat on Tuesday as the U.S. dollar remained close to an 18-month high, supported by elevated Treasury yields and persistent inflation concerns. The euro stayed under pressure near a 17-month...

Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure

Asian stocks traded mostly higher on Tuesday, supported by a record close on the Nasdaq, although surging U.S. Treasury yields and elevated oil prices kept investors cautious. Wall Street provided a positive lead after the...

Politics

Trump Envoy Meets Sudan Army Chief in Egypt

A senior envoy for U.S. President Donald Trump attended an event in Egypt alongside Sudanese army chief Abdel Fattah al-Burhan as Washington continues efforts to find a political solution to Sudans devastating civil war....

France Student Protests Intensify Nationwide

France faced widespread high-school blockades and union-backed demonstrations on Tuesday as students stepped up pressure on President Emmanuel Macrons government over teacher shortages, deteriorating school buildings and...

Flavio Bolsonaro Surges as Family Scores Brazil Election Comeback

Brazils election delivered a dramatic political comeback for the Bolsonaro family, even though former President Jair Bolsonaro was not on the ballot. Bolsonaro, 71, is under house arrest while serving a 27-year sentence...

Trump Gaza Peace Plan Stalls as Israel Retains Control

US President Donald Trumps Gaza peace plan remains stalled a year after its launch, with Israel retaining control over roughly two-thirds of the enclave and continuing near-daily strikes despite an October 2025 ceasefire....

Trump Orders Firing Squad Execution for Fort Hood Gunman

President Donald Trump has approved the execution by firing squad of former U.S. Army Major Nidal Hasan, who was sentenced to death for killing 13 people in the 2009 Fort Hood shooting in Texas. Pentagon spokesperson Sean...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI, Anthropic Back Mandatory AI Breach Reporting in Australia

OpenAI and Anthropic said they would support Australian laws requiring artificial intelligence companies to report data breaches caused by AI agents, as lawmakers consider tougher AI regulation following several security...

DeepSeek Seeks $12 Billion Funding Round Backed by Tencent, CATL

Chinese artificial intelligence powerhouse DeepSeek is preparing to raise at least 80 billion yuan ($12 billion) in a major funding round backed by Tencent and battery giant CATL, Bloomberg reported on Tuesday. DeepSeek...

Nvidia-Backed Reflection AI Launches Beam Open-Weight Model

Nvidia-backed startup Reflection AI has launched Beam, its first open-weight artificial intelligence model, as the U.S. company looks to challenge lower-cost Chinese AI models in coding and agentic tasks. Reflection AI...

Meta and Microsoft Cut Internal Claude AI Use

Meta Platforms and Microsoft are reducing their internal reliance on Anthropics Claude AI models as both technology giants encourage employees to adopt proprietary artificial intelligence tools, according to a report from...

Huawei, Qualcomm Sign Multi-Year AI and 5G Patent Deal

Chinas Huawei Technologies has reached a broad multi-year patent licensing agreement with Qualcomm covering key technologies including artificial intelligence, 5G, computing and networking, strengthening the companies...