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Tue, Oct 06, 2026 07:22 PM All times are UTC

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Swiss National Bank Denies Currency Manipulation After U.S. Watchlist Addition

Jun 06, 2025 05:50 am UTC| Economy Central Banks

The Swiss National Bank (SNB) firmly denied allegations of currency manipulation on Friday, following its inclusion on a U.S. Treasury watchlist for potential unfair trade and currency practices. The central bank responded...

RBI Cuts Repo Rate by 50bps Amid Slowing Inflation, Signals Neutral Stance

Jun 06, 2025 05:17 am UTC| Economy Central Banks

The Reserve Bank of India (RBI) slashed its key repo rate by 50 basis points to 5.50% on Friday, delivering a larger-than-expected cut in a continued effort to stimulate economic growth. This marks the third straight rate...

Euro Rallies as ECB Signals Pause After Rate Cut Amid Trade Uncertainty

Jun 06, 2025 04:45 am UTC| Economy Central Banks

The euro climbed to a six-week high as the European Central Bank (ECB) signaled it may pause further interest rate cuts following a 25-basis-point reduction to 2%. ECB President Christine Lagarde described the central bank...

ECB Cuts Rates, Cautious on Growth: What's Next for the Eurozone?

Jun 05, 2025 14:58 pm UTC| Central Banks Insights & Views

Today at 1:15 p.m. GMT, the European Central Bank (ECB) revealed its monetary policy decision, lowering its three main interest rates by 25 basis points. Marking the eighth rate reduction since June 2024, the deposit...

RBNZ Plans Leadership Restructure Amid 25% Budget Cut

Jun 05, 2025 05:17 am UTC| Economy Central Banks

The Reserve Bank of New Zealand (RBNZ) announced on Thursday it will consult staff on potential organizational changes later this month, following a major leadership restructure aimed at boosting efficiency. This move...

ECB's Expected Rate Cut: Will It Be Enough to Counter Trade Woes?

Jun 05, 2025 02:47 am UTC| Central Banks Insights & Views

With a 25-basis-point reduction to its deposit rate expected by the European Central Bank (ECB), it will drop to 2.00%. Slowing Eurozone inflation, which fell to 1.9% in May, and a poor growth outlook with staff...

Bank of Canada holds rates at 2.75% amid trade uncertainty and sticky inflation

Jun 04, 2025 16:10 pm UTC| Central Banks

The Bank of Canada (BoC) maintained its benchmark interest rate at 2.75% for the second consecutive meeting. This cautious approach is a reflection of the economys gradual slowdown, the persistent uncertainty surrounding...

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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

Zcash Prepares for NU7 Upgrade as Zebra Gets Key Security Fixes

The Zcash network is moving closer to its NU7 upgrade following a series of Zebra releases focused on security, performance and network stability. According to an engineering update from the official Zcash Foundation X...

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...