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Bank Indonesia Holds Rates to Shield Rupiah, Cuts Expected Next Quarter

Mar 17, 2025 09:51 am UTC| Economy Central Banks

Bank Indonesia (BI) is expected to keep its benchmark seven-day reverse repurchase rate at 5.75% on Wednesday, prioritizing rupiah stability amid global trade uncertainties. A Reuters poll conducted from March 1017 found...

U.S. Influences Lebanon's Central Bank Governor Selection Amid Financial Crisis

Mar 16, 2025 11:32 am UTC| Central Banks Politics

The U.S. is actively engaging with Lebanons government to influence the selection of its next central bank governor, aiming to curb corruption and illicit financial activities linked to Hezbollah, according to multiple...

Peru’s Central Bank Holds Interest Rate at 4.75% Amid Inflation Stabilization

Mar 14, 2025 11:36 am UTC| Economy Central Banks

Perus central bank kept its benchmark interest rate steady at 4.75% on Thursday, aligning with market expectations. The decision follows a gradual easing cycle since September 2023, when the rate peaked at 7.75%, making...

BOJ Governor Ueda Sees Brighter Outlook for Wages and Consumption

Mar 13, 2025 09:15 am UTC| Central Banks Business

Bank of Japan (BOJ) Governor Kazuo Ueda expressed optimism about Japans economic recovery, expecting stronger consumption as import cost pressures ease and wage growth continues. Speaking to parliament on Thursday, Ueda...

European Stocks Slide as ECB Cuts Rates and U.S. Trade Uncertainty Weighs on Markets

Mar 07, 2025 12:22 pm UTC| Economy Central Banks

European stock markets tumbled Friday following the European Central Banks latest rate cut and concerns over U.S. trade policy shifts. At 09:03 GMT, the Stoxx 600 fell 0.9%, Germanys DAX dropped 1.5%, Frances CAC 40...

Japan Signals End to Deflation as Key Economic Indicators Turn Positive

Mar 07, 2025 06:11 am UTC| Economy Central Banks

Japan has cleared a crucial threshold for officially declaring an end to long-term deflation, according to Economy Minister Ryosei Akazawa. This optimism could influence the Bank of Japans (BOJ) approach to future interest...

ECB Poised for Rate Cut Amid Economic Uncertainty

Mar 06, 2025 11:41 am UTC| Economy Central Banks

The European Central Bank (ECB) is expected to cut interest rates by 25 basis points on Thursday, bringing the deposit rate to 2.5%. While this move has been widely anticipated, it may be the last straightforward decision...

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Economy

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare

Canada and British Columbia have unveiled a major long-term infrastructure partnership valued at more than $5 billion, aimed at accelerating housing development, expanding healthcare facilities, and improving public...

Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks

Japans consumer inflation remained subdued in May, highlighting the ongoing impact of government energy subsidies even as the Bank of Japan (BOJ) signals concerns over future price pressures. The latest inflation data was...

Politics

U.S.-Iran Talks in Switzerland Postponed as Questions Over Interim Deal Persist

Planned negotiations between the United States and Iran scheduled for Friday at the Burgenstock resort in Switzerland have been postponed, according to a statement from Switzerlands foreign ministry. The delay comes amid...

Lee Jae Myung, Trump Discuss Step-by-Step North Korea Nuclear Strategy at G7

South Korean President Lee Jae Myung revealed that U.S. President Donald Trump was open to considering a phased approach to addressing North Koreas nuclear threat, prioritizing an immediate halt to Pyongyangs nuclear and...

IRGC Expands Secret Iraq Cells to Target Gulf States Hosting U.S. Forces

Irans Islamic Revolutionary Guard Corps (IRGC) has reportedly established covert armed cells in Iraq to launch attacks against Gulf countries hosting U.S. military forces, according to multiple Iraqi security and militia...

US Military Strike in Eastern Pacific Kills Three Amid Legal and Human Rights Concerns

The U.S. military confirmed that a recent strike in the Eastern Pacific resulted in the deaths of three men, marking the latest operation in the Trump administrations expanding campaign against alleged drug trafficking...

Pakistan, Qatar Mediation Secures Preliminary U.S.-Iran Deal Amid High-Stakes Negotiations

Pakistan and Qatar played a crucial role in helping secure a preliminary U.S.-Iran agreement this week after weeks of intense diplomacy, according to sources familiar with the negotiations. The breakthrough deal, announced...

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

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...
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