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Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.
Harper Backs Canada’s Trade Pivot as EU Offers Associate Membership
Stephen Harper says Canada had no choice but to abandon US trade talks. PM Carney seeks EU alliance and unveils $36B tax incentive to attract $1 trillion in investment over five years.
EU Offers Canada First-Ever ‘Associate Member’ Status Amid US Trade Tensions
EU offers Canada unprecedented ‘associate member’ status as trade war with US intensifies. Von der Leyen and PM Carney announce closer ties on energy, AI, defence and critical minerals.
UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.
APPSC Opens 163 Group-1 Posts on September 15; Age Limit Raised to 44
APPSC notifies 163 Group-1 vacancies with applications opening October 6. AP government raises age limit from 34 to 44 years for non-uniform posts until September 2027.
White Cliff Minerals Surges 17.7% as Rinehart Invests A$8.7M
Gina Rinehart’s Hancock Prospecting invests A$8.7M in White Cliff Minerals, acquiring 13.5% stake. WCN shares surge 17.7% as copper explorer gains backing from Australia’s richest person.
White Cliff Minerals Surges 17.7% as Gina Rinehart Invests A$8.7M
White Cliff Minerals (WCN.AX) jumped 17.7% after Gina Rinehart’s Hancock Prospecting invested A$8.7M for a 13.5% stake. The deal funds exploration at the Rae copper project in Canada.