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Why Malaysia Airlines will retire its fleet of A380’s

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Malaysia Airlines has confirmed they are set to retire their entire fleet of A380 aircraft

All six of Malaysia’s A380 superjumbo’s will end their service over the next few months.

The change comes as the airline transitions to twin-engine jets only.

Given the poor second-hand market for the jet, the airline is still figuring out its game plan to retire the aircraft.

Why the superjumbo hasn’t been quite so super

Airlines that operate the A380 often say the jet is hard to fill, expensive to run, and inefficient. The jet is the largest commercial airplane ever built.

The rapid decline of the Airbus comes at a time where the aviation industry is evolving.

The decision to stop production on the A380 came after Emirates, which operates more than half of all flights using the plane, halved its latest order.

After being in production for a little over 12 years, the A380 will go down as one of the shortest-lived models in aviation history.

Moving towards twin engine aircraft

Airlines are now shifting towards twin engine aircraft such as the popular Boeing 787 Dreamliner.

As a result, the giant of the skies could well be the last of its kind.

A380 super jumbo Emirates airplane

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Money

Federal Reserve lowers rates amid eased job market

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The Federal Reserve has cut interest rates by a quarter-point, bringing the benchmark rate to a range of 4.5% to 4.75%, as economic growth continues but job gains slow.

The Fed noted that labour market conditions have “generally eased,” even with low unemployment, signalling a more cautious approach amid a stable economic expansion.

The statement marks a shift in Fed language, now saying inflation has “made progress” toward the 2% goal instead of the prior “further progress.”

With inflation holding steady around 2.6%, policymakers aim to keep economic risks balanced, despite pressures from slower job growth.

This rate cut reflects a strategic move to sustain economic momentum while cautiously watching inflation’s gradual trend toward the Fed’s target.

The decision was unanimous, aligning Fed priorities with a balanced approach to support both employment and price stability.

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Money

Trump victory sparks market surge as Wall Street soars

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Donald Trump’s election victory has sparked a massive rally in the stock market.

Banks and industrial companies led the surge as investors bet that Trump’s plans for deregulation and tax cuts will boost economic growth.

Shares of big banks, like JPMorgan and Goldman Sachs, soared as investors predicted fewer regulatory restrictions.

Meanwhile, industrial giants such as Caterpillar and steelmakers like Nucor also hit record highs, reflecting optimism about U.S. manufacturing.

In contrast, clean-energy stocks took a hit, as Trump’s policies are expected to favour traditional energy sectors.

This surge comes amid rising Treasury yields and falling gold prices as investors gain confidence in the transition to a Trump administration.

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Money

Australian Treasurer and RBA chief clash over economy

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A rare dispute has emerged between Australia’s Treasurer Jim Chalmers and Reserve Bank Governor Michele Bullock over the nation’s economic trajectory.

Governor Bullock argues the economy remains overheated, even as growth data shows recent slowdowns.

Treasurer Chalmers, however, warns that sustained high interest rates are “smashing the economy.”

This debate is critical for Australians, as it will influence the future of interest rates and inflation.

Data shows a mixed economic picture: while inflation is down, it’s still above target, and the jobs market remains historically strong.

Ultimately, deciding who’s right may come down to theory and perspective on economic health.

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