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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.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
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.
Australian Army Retires Tiger Helicopters After 22 Years, Shifts to Apache Fleet
Australia retires its 22 Tiger attack helicopters after 22 years of service. The ADF transitions to 29 AH-64E Apache helicopters under a A$4.5 billion program, with six already delivered and all 29 expected by end of 2029.
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.