Business

Australia's central bank is expected to resume lifting its key interest rate, with policymakers losing patience over persistent price pressures. Bloomberg reports the Reserve Bank of Australia is set to return to rate hikes after a pause, as inflation remains above target. Markets and economists are watching for confirmation at the next board meeting and what it signals for borrowing costs.

A long list of countries walked out of Benjamin Netanyahu's address to the United Nations, with the roll call including Suriname, Egypt, Yemen, Sudan, Tunisia, Senegal, Palestine, Panama, Turkmenistan, Tuvalu and others. The mass exodus reflects anger over the war in Gaza and deepening international isolation of the Israeli leader, and the published list is being widely shared as the UN General Assembly session draws attention.

Ukraine carried out strikes targeting Moscow on the first day of Russia's presidential election, in which Vladimir Putin was expected to secure another term. The attack marked a symbolic escalation, hitting the Russian capital at a moment meant to showcase Putin's grip on power. Observers say the timing underscores Ukraine's ability to strike deep into Russia and challenge the narrative of Russian invincibility.

The United States has threatened to ground Iranian airlines from operating worldwide starting Wednesday, according to an Al Jazeera report. The warning escalates pressure on Iran's civil aviation sector, and the news is drawing attention as observers assess the legal basis for such a global grounding and how Iranian carriers and other governments might respond.

Minutes from the Bank of Japan's July policy meeting show board members debated the need to raise interest rates at a faster pace than previously planned. The discussion highlights growing concern inside the central bank over inflation pressures and the pace of policy normalisation. Markets will read the minutes for clues on the timing of the next rate move.

Indonesia's central bank has reduced its interventions in the foreign exchange spot market, according to its governor. The move signals the bank's assessment that pressure on the rupiah has eased, though it may still act to smooth excessive volatility. Traders will be watching whether the rupiah remains stable with less official support in the market.

President Trump ordered US military strikes against the Houthis in Yemen to be called off, according to a Fox News report. The sudden reversal drew immediate attention, with viewers weighing in heavily on the decision. The move affects ongoing US operations against the Iranian-backed group, which has attacked shipping in the Red Sea, and raises questions about the direction of American policy in the region.

The Federal Reserve has raised interest rates, marking the first increase in years. The move is expected to push up borrowing costs for consumers on mortgages, loans and credit, while potentially increasing yields on high-interest savings accounts. Markets and households are watching closely for what the change signals about the direction of US monetary policy.

The Bank of Japan has signalled it may raise interest rates sooner than markets had anticipated. The hawkish signal points to a possible shift away from Japan's long-standing ultra-loose monetary policy. Investors and analysts are watching closely for clues on the timing of the move, as an earlier hike could affect the yen, bond yields and global carry trades.

The US dollar has firmed against major currencies as escalating tensions between the United States and Iran lifted oil prices and strengthened expectations that the Federal Reserve will keep interest rates higher for longer. Rising energy costs add to inflation concerns, boosting bets on a hawkish Fed stance and supporting the greenback. Markets are watching closely for further developments in the standoff.

Russia's economy is showing mounting problems, from high inflation and interest rates to a weakening ruble, yet the Kremlin shows no sign of winding down its war in Ukraine. Reporting from Moscow highlights the tension between a strained household economy and continued military spending. Observers are asking how long ordinary Russians will absorb the costs before the pressure becomes politically significant for the Kremlin.

Poland is dramatically increasing its defence budget, positioning itself as one of NATO's fastest-growing military spenders amid security concerns on its eastern flank. Analysts are now debating whether this heavy rearmament will stimulate industrial growth and jobs or strain public finances and slow the country's long-running economic expansion.

Eight US Marines were injured in an Iranian missile strike on a vessel in the Strait of Hormuz, according to a report carried by TRT World. The incident, if confirmed, would mark a significant escalation in tensions between Washington and Tehran in one of the world's most critical shipping lanes. Details about the vessel, the severity of the injuries and the circumstances of the strike remain unclear.

The People's Bank of China set its daily USD/CNY central parity rate at a firmer level, a move analysts read as the central bank tightening its management of the yuan and signalling it is uncomfortable with recent currency weakness. Markets watch the daily fix closely for clues on Beijing's stance, and a stronger setting can lift the renminbi, affect regional currencies, and shift sentiment across Asian equities and commodity trades.

A former Bank of Japan official says an interest rate hike at the central bank's October meeting is a genuine possibility, keeping alive expectations that Japan's era of ultra-low rates is ending. The comments feed into ongoing speculation about when the BOJ will raise borrowing costs again, a topic closely watched by currency and bond markets worldwide.

Saudi Arabia has withdrawn from a China-led cross-border currency platform, according to the Financial Times. The move is seen as a setback for Beijing's efforts to build alternatives to the dollar-based global payments system, and observers are weighing what it signals about the Gulf kingdom's financial alignment with Washington versus its deepening economic ties with China.

Minutes from the Bank of Japan's July monetary policy meeting show policymakers agreed it is appropriate to continue raising interest rates and gradually reduce monetary accommodation, aiming to anchor inflation expectations. The remarks point to a continued tightening path, and markets are weighing what further rate increases would mean for the yen and bond markets.

Reports say Russia carried out large-scale strikes on Kyiv, targeting what it claims were military hubs housing NATO specialists. The strikes allegedly hit Ukrainian military infrastructure, with Russian outlets claiming significant casualties among foreign personnel. The claims have not been independently verified, and the description of those killed as 'NATO specialists' remains unconfirmed by NATO or Ukrainian officials.

The US dollar held steady as rising tensions between the United States and Iran pushed oil prices higher and strengthened expectations that the Federal Reserve will keep interest rates elevated. Markets are weighing the inflationary impact of costlier oil against the risk of a wider Middle East conflict, with traders positioning for a hawkish Fed stance.

A Reuters commentary examines which Asian economies will be hit hardest as the US Federal Reserve continues tightening monetary policy. The analysis focuses on how rising US interest rates could pressure Asian currencies, capital flows and debt levels. It comes as markets weigh how long the Fed will keep rates elevated and which regional economies are most vulnerable to capital outflows and weaker currencies.

Minutes from the Bank of Japan's July meeting show policymakers focused on upside risks to inflation, with some members arguing for raising interest rates at a faster pace than currently planned. The disclosure of internal disagreement over the timing of further hikes is drawing attention from markets watching for hints on when the BOJ may move next.

U.S. Treasury yields moved higher as diplomatic efforts between Washington and Tehran remained deadlocked. Rising yields point to investor caution, with markets pricing in geopolitical risk tied to the stalled negotiations. Traders are watching for signs of either a breakthrough or further escalation, both of which could shift bond prices and broader market sentiment in the coming sessions.

The Reserve Bank of Australia meets for the sixth time this year, with economists and financial markets broadly expecting another interest rate rise. The key question now is how many further increases could follow as the bank works to bring inflation down. Borrowers are watching closely, with each rise adding pressure to mortgages and household budgets across Australia.

British police arrested five people on terrorism charges near a UK airbase reportedly used in strikes against Iran. The arrests came amid heightened security around military sites linked to operations in the Middle East. The identities and alleged intentions of those detained have not been disclosed, and investigations are ongoing.

A former Bank of Japan executive has said the central bank could raise interest rates again in the near term. The comment adds to speculation about the timing of the next hike as Japan continues to move away from years of ultra-loose monetary policy, with markets watching closely for further policy tightening.

Analysts expect more US banks to reach trillion-dollar balance sheets as consolidation in the American banking sector accelerates. Industry observers say continued mergers and acquisitions, along with organic growth among the largest institutions, are concentrating assets in fewer hands. The trend is prompting discussion about competition, systemic risk, and regulatory scrutiny of increasingly large financial institutions in the United States.

The Bank of Japan has increased its lending programme supporting climate action, offering funds to banks that finance green initiatives. The move lands amid an ongoing debate over how far central banks should go in promoting environmental goals, with critics arguing climate policy is beyond monetary authorities' remit while supporters see it as a financial stability issue.

Israel has released footage of an airstrike it says killed the terrorist who abducted Noa Argamani during the October 7, 2023 attack. Argamani, a hostage taken from the Nova music festival, was rescued by Israeli forces in June 2024, making her one of the most high-profile former captives. The strike footage has drawn wide attention across Israeli and international media.

The US Federal Reserve has raised interest rates for the first time in several years, a shift in monetary policy that affects borrowing costs across the economy. Coverage is focused on what the move means for everyday finances, including credit card bills, mortgage rates, savings returns and loan payments.

Gold prices dropped as markets braced for the Federal Reserve to keep interest rates elevated for longer than previously expected. Higher rates raise the opportunity cost of holding non-yielding assets like gold, drawing investors toward bonds and other yield-bearing holdings. Traders are watching upcoming Fed signals and economic data for clues on the rate path.

Bloomberg Originals has published a feature examining how India's retail day traders collectively lost billions of rupees in the country's fast-growing derivatives and intraday markets. The report looks at the scale of losses among small individual traders, who make up a large share of trading volume on Indian exchanges, and the forces behind their poor returns.

Bonds dropped alongside stocks while oil prices climbed as tensions with Iran escalated, according to Bloomberg's markets wrap. Rising geopolitical risk in the Middle East pushed crude higher, weighing on bond and equity markets as investors reassessed the outlook for energy prices and global risk appetite.

Walmart says neither the company nor its AI shopping assistant uses customers' personal information to set prices, pushing back on concerns about personalized or surveillance-based pricing at the retail giant. The statement comes amid growing scrutiny of how retailers deploy AI tools and shopper data. It remains unclear whether regulators or consumer groups are investigating the practice.

The Financial Times argues that, for once, the US Federal Reserve has prioritised ordinary American households and small businesses over financial markets. The comment reflects debate over the Fed's policy direction and who its decisions ultimately serve. It is prompting discussion among economists and investors about a possible shift in how the central bank weighs Wall Street against the broader economy.

Mortgage rates in the United States have risen back to 7%, reviving questions about the direction of the housing market. The Wall Street Journal examines what higher borrowing costs mean for buyers, sellers and home prices. With affordability already stretched, analysts and homeowners are weighing whether rates will stay elevated or ease in the months ahead.

Oil prices rose as geopolitical tensions and a decline in crude stockpiles tightened the supply outlook. Traders weighed the risk of supply disruptions against expectations of steady demand, pushing benchmark crude higher. Markets are watching developments closely for any escalation that could further squeeze global oil supplies.

Economists polled by Reuters expect euro area consumer prices to have risen 3.5% year-on-year in September, up from 3.2% in August, which would mark the fastest pace in nearly three years. Eurostat's flash estimate is due on Friday, and markets are watching whether the upturn proves persistent enough to influence European Central Bank policy on interest rates.

Minutes from the Bank of Japan's July policy meeting show some board members called for raising interest rates faster than planned, citing persistent inflation pressure. The discussion signals growing debate within the central bank over the pace of its exit from ultra-loose monetary policy, even as it holds rates near historic lows.

Pakistan has carried out strikes inside Afghanistan, according to reports framed around a joint message from Pakistan and Türkiye. The strikes and Ankara's role in the messaging are drawing wide attention, with observers watching for how Kabul responds and whether the two NATO-era partners are signalling a coordinated regional stance. Details on casualties and targets remain limited.

Manchester City have been found guilty of breaking football's financial rules, according to sources cited in reporting. The verdict follows a long-running disciplinary case brought by the Premier League over the club's finances, one of the most consequential investigations in English football history. Details of any sanction, including a possible points deduction, fine or sporting punishment, remain the focus of intense speculation as reaction pours in from across the game.

Oil prices holding above $100 a barrel are prompting central banks to reassess their estimates of neutral interest rates — the level that neither stimulates nor restrains the economy. Sustained expensive energy keeps inflation pressures elevated, suggesting rates may need to stay higher for longer than previously assumed, with implications for bond markets, borrowing costs and growth forecasts worldwide.

The Bank of Japan could raise its benchmark interest rate for a second consecutive month at its October board meeting, moving earlier than many economists expect, according to a former executive director who oversaw monetary policy at the central bank. The assessment adds to speculation about the pace of Japan's shift away from ultra-low rates and is drawing attention from markets watching for further tightening.

Gold prices declined as markets absorbed signals that the US Federal Reserve may keep interest rates elevated for longer than previously expected. Higher rates raise the opportunity cost of holding non-yielding assets like gold, weighing on demand. Investors are watching upcoming Fed commentary and inflation data for clues on the timing of any policy easing.

Federal Reserve official Michael Barr said further interest rate increases are likely needed to bring inflation back to the central bank's target. The comments signal that policymakers remain cautious about declaring victory over price pressures, and markets and analysts are weighing what a longer tightening path would mean for borrowing costs and the economy.

The Trump administration is preparing to announce weaker fuel economy standards for cars and light trucks, rolling back requirements that vehicles become more efficient. The move would ease rules imposed to cut gasoline consumption and emissions, and is expected to draw opposition from environmental groups and possibly legal challenges from states, while automakers may welcome reduced compliance costs.

Minutes from a Bank of Japan policy meeting show some board members pushed for raising interest rates more quickly, arguing upside risks to prices are building. The disclosure of internal disagreement highlights mounting pressure on the central bank as inflation concerns grow and markets watch for a faster exit from ultra-loose policy.

The United States and China have reached a trade deal to lower tariffs on roughly $30 billion worth of "non-sensitive goods", following a meeting between President Trump and President Xi this week. The agreement is expected to reduce prices on a range of consumer products, including small appliances, toys and holiday items, and is drawing wide attention as a step toward easing trade tensions between the two economies.

U.S. stock futures are trading lower as investors weigh escalating tensions involving Iran alongside reports that OpenAI has paused parts of its model training. Traders are assessing the geopolitical risk premium and what the AI pause could mean for technology shares that have driven much of this year's market gains. Market watchers are watching for further clarity before positioning ahead of the next session.

Oil prices moved higher as geopolitical tensions raised supply concerns while inventories continued to shrink. The Wall Street Journal reported the rise, linking the gains to mounting risks in key producing regions and a decline in stockpiles that has tightened available supply. Traders are watching for further escalation and upcoming inventory data to gauge whether the rally will hold.

Markets and analysts widely expect the Reserve Bank of Australia to raise interest rates by 25 basis points at its September meeting, according to a Yahoo Finance Australia preview. Attention is focused on growing inflation risks, with the outcome seen as a key signal for Australian borrowers, mortgages and the broader economy.