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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.
ABC Legend Margaret Throsby, 84, Recovering After E-Bike Hit on Shared Path
Former ABC broadcaster Margaret Throsby, 84, is recovering in hospital after being hit by an electric fat bike on a shared path in Illawarra. She suffered a broken hip and head injuries requiring surgery.
US Bans $967M in Canadian Alcohol, Dairy, Motorcycles on September 29
Trump’s ban on $967 million worth of Canadian alcohol, dairy, and motorcycles goes into effect September 29. Spirits exports hit hardest at $673 million USD annually.
FDA Recalls 13,567 Bottles of Chlorthalidone After Dissolution Test Failure
FDA classifies chlorthalidone recall as Class II after 13,567 bottles fail dissolution testing. Inventia Healthcare’s second recall in three months raises quality concerns for blood pressure patients.
Singapore Haze Hits New Peak: Central PSI Reaches 164 on September 29
Singapore’s air quality worsened on September 29 as all five regions entered unhealthy range. Central PSI hit 164, highest of the season, from transboundary smoke haze.
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.
Bitcoin Cash Slides 6.7% to $310.50 as ADX Signals Strong Downtrend
BCHUSD fell $22.33 to $310.50 in 24 hours with ADX at 37.98, signaling a strong downward trend despite mixed momentum indicators.
Bank Strike Deferred After IBA-UFBU Talks; Five-Day Week Demand Pending
Bank unions in India deferred a three-day strike scheduled for September 28-30 after talks with the IBA. A joint committee will examine the five-day work week demand and PLI scheme changes.
Sui USD Falls 8.7% to $1.1575 as RSI Hits Overbought 70.7
Sui USD dropped 8.7% in 24 hours to $1.1575. RSI at 70.7 signals overbought conditions amid strong trend momentum.