Topic: Business & Economy — Neutral reports only

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[2026-05-29 15:29 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s Innovent Biologics signs US$10.5 billion Pfizer deal for 12 cancer drug trials
Snippet: The agreement covers eight early-stage trials from Innovent and four discovery programmes from global giant Pfizer
Read full article: https://www.scmp.com/business/china-business/article/3355269/chinas-innovent-biologics-signs-us105-billion-pfizer-deal-12-cancer-drug-trials?utm_source=rss_feed
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[2026-05-29 15:17 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Woori Bank opens Asia headquarters in Singapore
Snippet: Woori Bank has opened an Asia headquarters in Singapore as the South Korean lender strengthens its corporate finance and investment banking business across the region.
Read full article: https://www.koreaherald.com/article/10758822
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[2026-05-29 15:17 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: South Korea-US talks to move forward on security initiatives
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10758820
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[2026-05-29 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: The ECB is in a bind over rate hikes — the private sector could be doing the bank's job for it
Snippet: European Central Bank policymakers face a dilemma as efforts to combat inflationary pressures with interest rate hikes risk tipping a fragile euro zone economy into recession — but they may not have to lift a finger.
Read full article: https://www.cnbc.com/2026/05/29/the-ecb-is-debating-rate-hikes-but-the-private-sector-could-help-out.html
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[2026-05-29 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Nvidia is investing billions into this emerging technology that could change the AI industry
Snippet: Nvidia has committed at least $6.5 billion into companies developing photonics technology in the past three months, as the company races to invest in solving one of the major bottlenecks to the rollout of AI.
Read full article: https://www.cnbc.com/2026/05/29/nvidia-photonics-investment-ai.html
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[2026-05-29 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: I was at the exclusive launch of Ferrari's new EV that sent the stock tumbling. But there may be light at the end of the tunnel
Snippet: The launch that turned into a PR crisis for Ferrari started about six weeks ago when an invitation landed in my inbox to come to the unveiling of the Luce, its very first full electric car.
Read full article: https://www.cnbc.com/2026/05/29/ferrari-luce-ev-launch-backlash-stock-drop.html
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[2026-05-29 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Net purchases of Treasury bonds by foreigners reach 22.7 tln won since WGBI inclusion
Snippet: SEOUL, May 29 (Yonhap) -- Foreign investors net purchased 22.7 trillion won (US$15.1 billion) worth of South Korean Treasury bonds since the country began the phased inclusion in the World Government Bond Index (WGBI), a key global bond benchmark operated by FTSE Russell, the finance ministry said Friday.
Read full article: https://en.yna.co.kr/view/AEN20260529005100320
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[2026-05-29 15:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: What to do if your UAE salary is late: Rights and recourse under new rules | The National
Snippet: With the UAE's new salary protection rules taking effect on June 1, private sector workers have a strengthened set of rights if wages do not arrive on time, according to experts.
Read full article: https://www.thenationalnews.com/business/money/2026/05/29/what-to-do-if-your-uae-salary-is-late-rights-and-recourse-under-new-rules/
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[2026-05-29 14:46 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Kakao strike threat shows South Korea's workers growing bolder on pay
Snippet: KakaoTalk is South Korea’s most-used instant messaging service. © Getty Images
Read full article: https://asia.nikkei.com/business/technology/kakao-strike-threat-shows-south-korea-s-workers-growing-bolder-on-pay
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[2026-05-29 14:46 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Police search Seoul city offices, builders over deadly overpass collapse
Snippet: Police raided Seoul city offices and construction companies Friday as authorities widened their investigation into the overpass collapse that killed three workers earlier this week.
Read full article: https://www.koreaherald.com/article/10758775
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[2026-05-29 14:18 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Foxconn to start shipping next-gen optical tech for AI data centers
Snippet: Foxconn Chairman and CEO Young Liu, center, speaks at the company's annual general meeting in New Taipei on May 29. (Photo by Lauly Li)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/foxconn-to-start-shipping-next-gen-optical-tech-for-ai-data-centers
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[2026-05-29 14:02 UTC+10:00] [General] [Factuality: 90]
Source: ABC News
Title: Major winemaker threatens to move business overseas if tax changes go through
Snippet: Fri 29 May 2026 at 2:02pm
Read full article: https://www.abc.net.au/news/2026-05-29/taylors-wines-threatens-to-move-overseas-tax-changes-sa/106736510
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[2026-05-29 13:17 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: The economic gap between generations is on track to reach record levels
Snippet: Fri 29 May 2026 at 1:17pm
Read full article: https://www.abc.net.au/news/2026-05-29/intergenerational-inequality-growing-and-could-reach-record/106674280
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[2026-05-29 13:16 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares advance and oil prices fall as traders pin hopes on a deal with Iran
Snippet: Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)
Read full article: https://apnews.com/article/stocks-markets-oil-iran-trump-hormuz-68f9166e428621a5b3349d2d2aea34b5
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[2026-05-29 13:03 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Hong Kong and Singapore brace for AI chill in finance job market
Snippet: Recruiters and executives say that junior and back-office support roles will be among the first hit as banks, insurers and other employers adopt AI. (Nikkei montage/Source photos by AP)
Read full article: https://asia.nikkei.com/business/finance/hong-kong-and-singapore-brace-for-ai-chill-in-finance-job-market
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[2026-05-29 13:01 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China launches first green bond sale in Hong Kong, aiming to raise US$886 million
Snippet: Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development
Read full article: https://www.scmp.com/business/banking-finance/article/3355247/china-launches-first-green-bond-sale-hong-kong-aiming-raise-us886-million?utm_source=rss_feed
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[2026-05-29 13:01 UTC+10:00] [sovereign green bond framework] [Factuality: 100]
Source: South China Morning Post
Title: China launches first green bond sale in Hong Kong, aiming to raise US$886 million
Snippet: Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development
Read full article: https://www.scmp.com/business/banking-finance/article/3355247/china-launches-first-green-bond-sale-hong-kong-aiming-raise-us886-million
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[2026-05-29 13:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Banks' mortgage lending rates fall in April, ending six-month rise
Snippet: SEOUL, May 29 (Yonhap) -- Banks' household mortgage loan rates fell in April, ending a six-month upward trend, amid tighter regulations aimed at stabilizing the housing market, data showed Friday.
Read full article: https://en.yna.co.kr/view/AEN20260529003200320
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[2026-05-29 13:00 UTC+10:00] [General] [Factuality: 95]
Source: South China Morning Post
Title: How the wine industry can stage a comeback in China – using social media
Snippet: China is drinking far less wine than a few years ago. To turn the tide, the industry must work with Chinese influencers, an insider says
Read full article: https://www.scmp.com/economy/china-economy/article/3355244/how-wine-industry-can-stage-comeback-china-using-social-media?utm_source=rss_feed
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[2026-05-29 13:00 UTC+10:00] [social media] [Factuality: 95]
Source: South China Morning Post
Title: How the wine industry can stage a comeback in China – using social media
Snippet: China is drinking far less wine than a few years ago. To turn the tide, the industry must work with Chinese influencers, an insider says
Read full article: https://www.scmp.com/economy/china-economy/article/3355244/how-wine-industry-can-stage-comeback-china-using-social-media
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[2026-05-29 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Broth, bargain hunting and cutbacks: How Iranians cope with 'inflation despair’ | The National
Snippet: Amir used to enjoy visiting the Symposium Restaurant, a smart outlet in northern Tehran serving French-style patisserie and pasta alfredo alongside live music performances.
Read full article: https://www.thenationalnews.com/news/mena/2026/05/29/broth-bargain-hunting-and-cutbacks-how-iranians-cope-with-inflation-despair/
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[2026-05-29 13:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil
Snippet: Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.
Read full article: https://www.zerohedge.com/markets/approaching-unheard-inventory-levels-chevron-exxon-issue-apocalyptic-warning-about-what
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[2026-05-29 12:56 UTC+10:00] [KPMG] [Factuality: 90]
Source: Guardian Australia
Title: KPMG Australia’s CEO Andrew Yates quits over whistleblower scandal
Snippet: Yates says ‘we have let ourselves down’ when dealing with allegations of client information being misused
Read full article: https://www.theguardian.com/business/2026/may/29/kpmg-australia-ceo-andrew-yates-quits-whistleblower-scandal-ntwnfb
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[2026-05-29 12:55 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's industrial production and retail sales improve despite Iran war
Snippet: Industrial output in Japan rose in April, helped by increases in machinery production. (Photo by Naoki Hori)
Read full article: https://asia.nikkei.com/economy/japan-s-industrial-production-and-retail-sales-improve-despite-iran-war
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[2026-05-29 12:54 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: One of LA’s oldest restaurants fighting to stay open as it faces staggering repair costs
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/28/us-news/cielito-lindo-seeking-financial-support-from-the-public/
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[2026-05-29 12:51 UTC+10:00] [General] [Factuality: 92]
Source: The Manila Times
Title: Big fuel price rollback likely next week
Snippet: MANILA, Philippines — Motorists may get relief from lower fuel prices next week, with diesel and gasoline pump prices seen to decline sharply as global oil prices eased amid developments in the Middle East war, local oil industry sources said.
Read full article: https://www.manilatimes.net/2026/05/29/business/big-fuel-price-rollback-likely-next-week/2354280
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[2026-05-29 12:45 UTC+10:00] [General] [Factuality: 90]
Source: ABC News
Title: KPMG boss quits amid auditing scandal
Snippet: Topic:Corporate Governance
Read full article: https://www.abc.net.au/news/2026-05-29/kpmg-boss-resigns-over-mishandled-whistleblower-allegations/106737180
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[2026-05-29 12:42 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Foxconn to start shipping next-gen transmission tech for AI data centers
Snippet: Foxconn Chairman and CEO Young Liu, center, speaks at the company's annual general meeting in New Taipei on May 29. (Photo by Lauly Li)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/foxconn-to-start-shipping-next-gen-transmission-tech-for-ai-data-centers
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[2026-05-29 12:41 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Visayas grid under red alert amid plant outages, high demand
Snippet: MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) placed the Visayas grid under red and yellow alert statuses on Friday, as several power plants remained unavailable amid high electricity demand.
Read full article: https://www.manilatimes.net/2026/05/29/business/visayas-grid-under-red-alert-amid-plant-outages-high-demand/2354287
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[2026-05-29 12:34 UTC+10:00] [China] [Factuality: 100]
Source: Asia Times
Title: A credible and safe path to Chinese financial liberalization
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/05/a-credible-and-safe-path-to-chinese-financial-liberalization/
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[2026-05-29 12:30 UTC+10:00] [General] [Factuality: 100]
Source: The Korea Herald
Title: S&P lifts Hanwha Life, Hanwha General Insurance ratings on overseas growth
Snippet: Global credit rating agency S&P Global Ratings has upgraded the financial strength ratings of Hanwha Life Insurance and Hanwha General Insurance to A+ from A, citing stronger financial fundamentals, stable profitability and growing contributions from overseas businesses.
Read full article: https://www.koreaherald.com/article/10758660
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[2026-05-29 12:25 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: US says its sanctioning entities, individuals linked to Iran's oil economy
Snippet: The Department of State said it was sanctioning several entities, individuals "involved in the transportation of Iranian petroleum or petrochemical products".
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/us-says-its-sanctioning-entities-individuals-linked-irans-oil-economy
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[2026-05-29 12:24 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Aureka drills for fast-track gold restart at historic Vic gold pit
Snippet: Aureka Limited has officially got the drill rods spinning at its historic St Arnaud Comstock gold project in Victoria, wheeling a diamond rig into the old Walkers pit to unlock near-term production potential.
Read full article: https://www.theage.com.au/business/companies/aureka-drills-for-fast-track-gold-restart-at-historic-vic-gold-pit-20260529-p601yn.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-29 12:13 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Tax revenue up 13% in April amid stock market boom
Snippet: South Korea's tax revenue increased nearly 13 percent in April from a year earlier on the back of the recent bullish run in the stock market, data showed Friday.
Read full article: https://www.koreaherald.com/article/10758620
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[2026-05-29 12:10 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Threat Of 2030s Lunar War Has NASA, Elon Musk Racing To Build Major Moon Base
Snippet: NASA unveiled plans earlier this week for a lunar base as the U.S. finds itself locked in a multi-domain race with China, one that stretches across energy, compute, weapons, drones, trade, rare earths, shipbuilding, and now the Moon.
Read full article: https://www.zerohedge.com/geopolitical/threat-2030s-lunar-war-has-nasa-elon-musk-racing-build-major-moon-base
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[2026-05-29 12:09 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China's Innovent Biologics signs drug deal with Pfizer worth up to $10.5bn
Snippet: Innovent Biologics and Pfizer plan to collaborate on licensing, co-development and co-commercialization for 12 oncology programs. (Source photos by Reuters and Getty Images)
Read full article: https://asia.nikkei.com/business/pharmaceuticals/china-s-innovent-biologics-signs-drug-deal-with-pfizer-worth-up-to-10.5bn
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[2026-05-29 12:04 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: What the fight over London data centre plans tells us about the AI backlash
Snippet: Topic:Business, Economics and Finance
Read full article: https://www.abc.net.au/news/2026-05-29/data-centre-protests-debate-concerns-energy-use/106565284
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[2026-05-29 12:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: MARINA clarifies penalty rules for seafarers with expired documents
Snippet: ​MANILA, Philippines — The Maritime Industry Authority (MARINA) issued a clarification on Friday regarding the imposition of penalties on seafarers working aboard international vessels with expired identification and record documents.
Read full article: https://www.manilatimes.net/2026/05/29/business/maritime/marina-clarifies-penalty-rules-for-seafarers-with-expired-documents/2354258
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[2026-05-29 12:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Tax revenue up 13 pct in April amid stock market boom
Snippet: SEOUL, May 29 (Yonhap) -- South Korea's tax revenue increased nearly 13 percent in April from a year earlier on the back of the recent bullish run in the stock market, data showed Friday.
Read full article: https://en.yna.co.kr/view/AEN20260529002600320
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[2026-05-29 12:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Gov't vows active support for electrical equipment industry amid rising global demand
Snippet: SEOUL, May 29 (Yonhap) -- The government will extend active support for the electrical equipment industry to keep the sector's strong export momentum fueled by the global artificial intelligence (AI) boom, the trade minister said Friday.
Read full article: https://en.yna.co.kr/view/AEN20260529002900320
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[2026-05-29 12:00 UTC+10:00] [Critical raw materials] [Factuality: 100]
Source: Politico
Title: Von der Leyen gears up for fight over China trade ties
Snippet: BRUSSELS — European Commission President Ursula von der Leyen will ask top officials to support a major crackdown on subsidized Chinese imports, setting the stage for a battle with EU countries that still want to protect their ties to Beijing.
Read full article: https://www.politico.eu/article/von-der-leyen-gears-up-fight-china-trade-ties/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-05-29 11:55 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: Flashing red: Trump’s war could crack sharemarkets
Snippet: You have reached your maximum number of saved items.
Read full article: https://www.theage.com.au/business/markets/flashing-red-trump-s-war-could-crack-sharemarkets-20260528-p601er.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-29 11:55 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: Trump’s worst nightmare is a threat to markets
Snippet: You have reached your maximum number of saved items.
Read full article: https://www.theage.com.au/business/markets/flashing-red-trump-could-crack-the-sharemarkets-20260528-p601er.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-29 11:24 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Michael Dell courted Trump early. His company has reaped rewards
Snippet: Michael Dell bought into President Donald Trump's second term early. Now his hardware company Dell Technologies is closing out its best month on Wall Street since its return to the public market in 2018.
Read full article: https://www.cnbc.com/2026/05/28/michael-dell-trump-accounts-dod.html
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[2026-05-29 11:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Visualizing The Beef-Margin Bloodbath Behind Tyson CEO's Exit
Snippet: Tyson Foods CEO Donnie King is stepping down after five years at the helm of the nation's largest meatpacker, with the stock having languished under his tenure as the company battled some of the worst cattle-market conditions in a generation.
Read full article: https://www.zerohedge.com/markets/chart-shows-beef-margin-bloodbath-behind-tyson-ceos-exit
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[2026-05-29 11:09 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: CNBC Daily Open: Tech earnings defy Iran strikes and inflation concerns
Snippet: Hello, this is Dylan Butts writing to you from Singapore. Welcome to today's edition of the Daily Open newsletter.
Read full article: https://www.cnbc.com/2026/05/29/cnbc-daily-open-tech-outshines-geopolitical-tensions-on-wall-street.html
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[2026-05-29 11:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s private funds see assets soar by over US$400 billion amid tech boom
Snippet: Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment
Read full article: https://www.scmp.com/economy/china-economy/article/3355169/chinas-private-funds-see-assets-soar-over-us400-billion-amid-tech-boom?utm_source=rss_feed
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[2026-05-29 11:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s private funds see assets soar by over US$400 billion amid tech boom
Snippet: Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment
Read full article: https://www.scmp.com/economy/china-economy/article/3355169/chinas-private-funds-see-assets-soar-over-us400-billion-amid-tech-boom
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[2026-05-29 10:30 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: April's industrial output, retails sales, investment fall in triple whammy
Snippet: South Korea's industrial output lost ground in April from a month earlier, data showed Friday, with retail sales and facility investment sliding amid economic uncertainties stemming from tensions in the Middle East.
Read full article: https://www.koreaherald.com/article/10758461
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[2026-05-29 10:30 UTC+10:00] [Commerce and Economic Development Bureau] [Factuality: 100]
Source: South China Morning Post
Title: Death of Hongkong Post? Mounting losses, dwindling demand cast shadow over service
Snippet: Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment
Read full article: https://www.scmp.com/news/hong-kong/society/article/3355224/death-hongkong-post-mounting-losses-dwindling-demand-cast-shadow-over-service
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