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RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
New York Times Games Director Shot Dead by In-Laws in Bay Area Park
New York Times games engineer Jonathan McKinsey, 40, was shot and killed Saturday by his in-laws in a Dublin park. The couple was arrested and faces murder charges. McKinsey had prior child abuse allegations.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
Ethena USD Surges 20% to $0.2696 as RSI Hits Overbought 79.96
ENAUSD jumped 20.1% in 24 hours to $0.2696, with RSI at 79.96 and ADX showing a strong 50.30 trend.
NEARUSD Climbs 6.6% to $4.90 as RSI Soars to 89.79
NEAR Protocol USD jumped 6.6% to $4.90 in 24 hours with RSI at 89.79, signaling extreme overbought conditions and a strong uptrend.
Australian Diesel Hits $2.86 per Litre as Truckers and Travellers Face Soaring Costs
Australian diesel prices hit $2.86 per litre, forcing truckers to call for fuel excise relief and stranding travellers. Prices could exceed $3 as oil demand surges.
California’s Oldest Winery Files for Bankruptcy After 168 Years
Gundlach Bundschu Winery, California’s oldest family winery since 1858, filed for Chapter 11 bankruptcy on September 23 with $39 million in debt. The company cut costs 50% but could not reach a deal with lenders.
Hong Kong Launches First Five-Year Plan to 2030; AI and Finance Lead Growth
Hong Kong unveils its inaugural Five-Year Plan (2026-2030) with focus on AI, finance, and regional integration. Chief Executive John Lee outlines long-term strategy alongside 2026 Policy Address.
CITIC Bank Offers USD Fixed Deposits at 4.2% as Hong Kong Savers Hunt Yields
CITIC Bank offers USD fixed deposits at 4.2% annual rate for 12-month terms on new funds. HK banks compete for deposits as DPS celebrates 20 years of protecting up to HK$800,000 per depositor.