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Bank of Japan raises interest rates to highest level in 30 years amid inflation pressure

Japan’s central bank has raised its main interest rate to its highest level in three decades, tightening monetary policy as the country grapples with persistent inflation and rising living costs.…

European Commission Relaxes 2035 Zero-Emission Car Sales Target

The European Commission has revised its plan to phase out new petrol and diesel cars by 2035, lowering the required share of zero-emission vehicles amid pressure from carmakers and concerns…

Data Center Construction Boom May Slow U.S. Infrastructure Projects

Rising investment in data center construction is increasing competition for labor and resources, potentially delaying road, bridge, and transportation upgrades funded by state and local governments, according to reporting by…

Silver Price Reaches Record High as Investors Anticipate US Rate Cut and Industrial Demand Surges

The price of silver climbed above $60 (£45.10) an ounce for the first time on Tuesday, driven by expectations of a US Federal Reserve interest rate cut and strong demand…

Japan Offshore Wind Sector Remains Bankable Despite Cost Pressures, IEEFA Says

Japan’s offshore wind sector remains commercially viable despite recent project withdrawals and rising cost pressures, supported by regulatory reforms and legislative changes that improve project bankability, according to a new…

Global Geothermal Investment Expected to Grow About 20% Annually Through 2030

Global spending on geothermal energy is projected to grow by about 20% a year through 2030, as governments and companies increase investment in the sector to secure clean and reliable…

Bank of England Flags AI-Driven Market Valuation Risks in Financial Stability Report

The Bank of England has warned that the rapid rise in artificial intelligence-focused company valuations could face a sharp market correction, as it described stock prices in both the UK…

Autism Spectrum Market Set To Reach $2B by 2034

The autism spectrum disorder (ASD) market across the seven major markets (7MM) is projected to reach $2b in 2034 at a compound annual growth rate of 18.7%, according to a…

Medical Membranes Market Projected to Reach $6.66 Billion by 2030

Market Growth Forecast Through 2030The medical membranes market is expected to reach $6.66 billion by 2030, according to MarketsandMarkets, with a compound annual growth rate of 9.1%. The report attributes…

Global Smart Ports Market Forecast to Hit $15.5 Billion by 2032

Market Growth OutlookThe global smart ports market is expected to grow from $2.0 billion in 2022 to $15.5 billion by 2032, according to a new Allied Market Research report that…

South Korea’s Medical Device Market Set For Steady Growth Through 2034

South Korea’s medical device market is projected to grow at a compound annual growth rate of 5% until 2034, according to a new report from GlobalData. Government investment accelerates high-value…

Foreign Tourists Set To Pay Higher Fees At Major US National Parks

Foreign tourists will face higher entry costs at some of the most visited U.S. national parks beginning in 2026, the Department of the Interior announced on Tuesday. Extra $100 Charge…

India Formally Recognizes Gig Workers, but Social Security Access Remains Unclear

India has granted legal status to millions of gig and platform workers under a new labor framework that took effect on Friday — a landmark shift for delivery, ride-hailing, and…

London Moves Closer to Introducing Tourist Levy Under New Devolution Powers

London is expected to gain the authority to impose a tourist levy on overnight visitors, a change that could generate up to £240m a year and reshape how the city…

UK Inflation Falls to 3.6% as Energy and Hotel Costs Ease

Inflation Slows to a Four-Month LowThe UK inflation rate fell to 3.6% in the year to October, its lowest level in four months, according to the Office for National Statistics.…

UK Economic Growth Slows to 0.1% After Sharp Drop in Car Production Linked to JLR Cyber-Attack

UK economic growth slowed to 0.1% in the July-to-September period, falling short of the 0.2% expected by analysts, according to figures from the Office for National Statistics (ONS). The slowdown…

China Suspends Some Critical Mineral Export Curbs to the U.S. Amid Trade Truce

China has suspended several export restrictions on critical minerals and rare earth materials to the United States, signaling that a tentative trade truce between the two economic powers is holding.…

Malaysia to Build $142 Million Magnet Plant to Boost Rare Earth Sector

Malaysian Prime Minister Anwar Ibrahim announced the construction of a 600 million ringgit ($142 million) super magnet manufacturing facility in Pahang, describing it as a key step toward strengthening Malaysia’s…

Dutch Government Seizes Control of China-Owned Chip Company

The Dutch government has assumed control of Nexperia, a Chinese-owned chipmaker in the Netherlands, by invoking the Goods Availability Act. This “highly exceptional” decision aims to safeguard the European supply…

China Accuses U.S. of Double Standards Amid Tariff Threat

China’s government has denounced President Donald Trump‘s latest threat to impose an additional 100% tariff on Chinese goods, calling it a “typical example of US double standards.” A spokesperson for…