Topic: Business & Economy — Neutral reports only

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[2026-07-07 19:53 UTC+10:00] [Hong Kong] [Factuality: 95]
Source: South China Morning Post
Title: Hong Kong should build AI plan around ‘competitive’ strengths, industry leaders say
Snippet: Panel speakers at China Conference say city’s AI blueprint should not be too broad and harness urban development, healthcare and finance capabilities
Read full article: https://www.scmp.com/news/article/3359735/hong-kong-should-build-ai-plan-around-competitive-strengths-industry-leaders-say
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[2026-07-07 19:31 UTC+10:00] [Artificial Intelligence] [Factuality: 100]
Source: Politico
Title: Big EU banks must set out AI risk plan, top ECB official
Snippet: BRUSSELS — The EU’s biggest lenders should set out how they will tackle risks from cutting-edge artificial intelligence models by the end of October, the bloc’s top banking supervisor said today.
Read full article: https://www.politico.eu/article/major-eu-banks-must-set-out-ai-risk-plan-top-supervisor-says/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-07-07 19:30 UTC+10:00] [National] [Factuality: 100]
Source: The Age
Title: The science of happiness, unemployment, inflation, populism and One Nation
Snippet: Examine, a free weekly newsletter covering science with a sceptical, evidence-based eye, is sent every Tuesday. You’re reading an excerpt – sign up to get the whole newsletter in your inbox.
Read full article: https://www.theage.com.au/national/the-science-of-happiness-unemployment-inflation-populism-and-one-nation-20260707-p60d6x.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-07-07 19:17 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand
Snippet: The city will also vet a license application for a new electronic fixed income and currency trading system
Read full article: https://www.scmp.com/business/banking-finance/article/3359730/hong-kong-yuan-facility-expand-150-us736-billion-meet-international-demand?utm_source=rss_feed
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[2026-07-07 19:17 UTC+10:00] [Eddie Yue Wai-man] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand
Snippet: The city will also vet a license application for a new electronic fixed income and currency trading system
Read full article: https://www.scmp.com/business/banking-finance/article/3359730/hong-kong-yuan-facility-expand-150-us736-billion-meet-international-demand
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[2026-07-07 19:03 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s excavator exports surge 33% in first half as industry pivots to electric power
Snippet: Earlier this year, Sany debuted a pure electric excavator with an operating range of up to 10 hours
Read full article: https://www.scmp.com/economy/china-economy/article/3359726/chinas-excavator-exports-surge-33-first-half-industry-pivots-electric-power?utm_source=rss_feed
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[2026-07-07 19:03 UTC+10:00] [Caterpillar] [Factuality: 100]
Source: South China Morning Post
Title: China’s excavator exports surge 33% in first half as industry pivots to electric power
Snippet: Earlier this year, Sany debuted a pure electric excavator with an operating range of up to 10 hours
Read full article: https://www.scmp.com/economy/china-economy/article/3359726/chinas-excavator-exports-surge-33-first-half-industry-pivots-electric-power
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[2026-07-07 19:02 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: On this day in Korea - July 8, 1994: North Korea leader Kim Il-sung dies
Snippet: North Korean President Kim Il-sung died of heart failure at age 82, only weeks before he was scheduled to hold what would have been the first-ever inter-Korean summit with South Korea’s President Kim Young-sam. His sudden death halted a historic opportunity for dialogue at a critical moment on the Korean Peninsula.
Read full article: https://www.koreaherald.com/article/10801314
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[2026-07-07 19:01 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's blockchain-based security tokens to open to foreign investors
Snippet: SBI, Daiwa to initially tap clients in Singapore through jointly built platform
Read full article: https://asia.nikkei.com/business/finance/japan-s-blockchain-based-security-tokens-to-open-to-foreign-investors
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[2026-07-07 18:37 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's Sumitomo Mitsui Trust Bank to invest in NZ infrastructure investor
Snippet: Japan's Sumitomo Mitsui Trust Bank will acquire a 15% stake in New Zealand-based infrastructure investor Morrison. (Photo by Shintaro Ino)
Read full article: https://asia.nikkei.com/business/business-deals/japan-s-sumitomo-mitsui-trust-bank-to-invest-in-nz-infrastructure-investor
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[2026-07-07 18:34 UTC+10:00] [Freedom of Speech and Expression] [Factuality: 100]
Source: The New York Times
Title: South Korea Strengthens Law to Curb Spread of Fake News
Snippet: A new amendment to South Korea’s communications act went into effect on Tuesday, significantly increasing financial penalties for spreading false information online, in a move that lawmakers called necessary to combat fake news, but which raised concerns about free speech in a country with one of Asia’s most open media landscapes.
Read full article: https://www.nytimes.com/2026/07/07/world/asia/south-korea-law-fake-news.html
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[2026-07-07 18:10 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Finance minister says gov't seeks complementary measures against single-stock leveraged ETFs
Snippet: SEOUL, July 7 (Yonhap) -- Finance Minister Koo Yun-cheol said Tuesday the government is considering measures to address problems arising from newly introduced single-stock leveraged exchange-traded funds (ETFs), which have been blamed for heightened volatility in the stock market.
Read full article: https://en.yna.co.kr/view/AEN20260707010300320
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[2026-07-07 18:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Prospects remain uncertain for North Korean defector interpreter case during Lee's Mongolia visit
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/10801252
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[2026-07-07 18:02 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: Robinsons Retail set to leave PSE as Gokongwei group secures delisting threshold
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/business/robinsons-retail-set-leave-pse-gokongwei-group-secures-delisting-threshold/
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[2026-07-07 18:00 UTC+10:00] [Technology books] [Factuality: 100]
Source: Guardian Australia
Title: We Are Not Machines by Sarah O’Connor review – can dignity at work survive the tech revolution?
Snippet: A Financial Times journalist ponders the future of labour in world increasingly dominated by AI and automation
Read full article: https://www.theguardian.com/books/2026/jul/07/we-are-not-machines-by-sarah-oconnor-review-can-dignity-at-work-survive-the-tech-revolution
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[2026-07-07 18:00 UTC+10:00] [Business / Workplace] [Factuality: 100]
Source: The Age
Title: Ailing Europe declares war on sick leave as lengthy absences soar
Snippet: When Friedrich Merz, the German Chancellor, unveiled a “big bang” of economic reforms last week, it was surprisingly one of the smaller initiatives which generated the biggest response.
Read full article: https://www.theage.com.au/business/workplace/ailing-europe-declares-war-on-sick-leave-as-lengthy-absences-soar-20260707-p60d6w.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-07-07 17:46 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Labor side again lowers demand for hourly minimum wage hike for next year
Snippet: SEJONG, July 7 (Yonhap) -- Labor representatives on Tuesday lowered their proposal for the country's hourly minimum wage for next year to 11,500 won (US$7.53), narrowing the gap with the business side's proposal.
Read full article: https://en.yna.co.kr/view/AEN20260707009400315
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[2026-07-07 17:40 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japanese bond yields march toward 3% as fiscal fears escalate
Snippet: Prime Minister Sanae Takaichi's expansionary fiscal plan is causing concern in the Japanese government bond market. (Photo by Akira Kodaka)
Read full article: https://asia.nikkei.com/business/markets/bonds/japanese-bond-yields-march-toward-3-as-fiscal-fears-escalate2
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[2026-07-07 17:39 UTC+10:00] [Southeast Asia] [Factuality: 100]
Source: Asia Times
Title: Japan’s yen pain is Southeast Asia’s economic gain
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/07/japans-yen-pain-is-southeast-asias-economic-gain/
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[2026-07-07 17:33 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Samsung profit soars 19 times but shares slump 6.9% on oversupply worries
Snippet: Samsung Electronics continues to ride the AI boom to massive profit increases but concerns are increasing over a potential glut of memory chips. © Reuters
Read full article: https://asia.nikkei.com/business/tech/semiconductors/samsung-profit-soars-19-times-but-shares-slump-6.9-on-oversupply-worries
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[2026-07-07 17:24 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: NATO set to unveil billions in arms deals to prove its firepower to Trump
Snippet: ANKARA, Turkey — NATO on Tuesday will showcase a series of new military projects worth billions of dollars in an attempt to convince US President Donald Trump that the allies are stepping up defense spending and converting investment into real firepower.
Read full article: https://www.manilatimes.net/2026/07/07/world/nato-set-to-unveil-billions-in-arms-deals-to-prove-its-firepower-to-trump/2379557
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[2026-07-07 17:15 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea, ASEAN discuss ways to advance strategic partnership, promote regional peace
Snippet: SEOUL, July 7 (Yonhap) -- Representatives of South Korea and the Association of Southeast Asian Nations (ASEAN) met Tuesday in Seoul to discuss ways to strengthen cooperation in security, economic and other areas, Seoul's foreign ministry said.
Read full article: https://en.yna.co.kr/view/AEN20260707009000315
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[2026-07-07 17:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Zhipu AI, MiniMax shares to provide gut check for Hong Kong investors as lock-ups end
Snippet: Shares worth US$11.5 billion to hit market as record wave of lock-up expirations starts and some firms eye share placements
Read full article: https://www.scmp.com/business/markets/article/3359697/zhipu-ai-minimax-shares-provide-gut-check-hong-kong-investors-lock-ups-end?utm_source=rss_feed
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[2026-07-07 17:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Zhipu AI, MiniMax shares to test Hong Kong market as lock-ups end
Snippet: Shares worth US$11.5 billion to hit market as record wave of lock-up expirations starts and some firms eye share placements
Read full article: https://www.scmp.com/business/markets/article/3359697/zhipu-ai-minimax-shares-provide-gut-check-hong-kong-investors-lock-ups-end
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[2026-07-07 16:45 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: US-sanctioned 'teapot' refiner Hengli leads China petrochem profit spike
Snippet: Sacks of polyester-making chemicals wait to be shipped from Hengli Petrochemical's refining complex on China's Changxing Island. © Reuters
Read full article: https://asia.nikkei.com/business/markets/commodities/us-sanctioned-teapot-refiner-hengli-leads-china-petrochem-profit-spike
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[2026-07-07 16:41 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul's 24-hour FX market gets calm debut
Snippet: The won-dollar exchange rate showed limited volatility in the first session of Seoul's 24-hour foreign exchange trading system, with the newly added early-morning hours passing without sharp moves.
Read full article: https://www.koreaherald.com/article/10801067
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[2026-07-07 16:34 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Near Lebanese border, Israeli tech reshapes how premium spirits are made
Snippet: Verstill, an Israeli start-up specializing in accelerated maturation technology for the spirits industry, is working to modernize one of the traditional sectors’ most time‑intensive processes.
Read full article: https://www.jpost.com/business-and-innovation/article-901683
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[2026-07-07 16:32 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Iran war latest: Shipping companies still wary about Strait of Hormuz, says DP World boss | The National
Snippet: Latest updatesIran war latest: Shipping companies still wary about Strait of Hormuz, says DP World boss
Read full article: https://www.thenationalnews.com/news/mena/2026/07/07/live-hormuz-shipping/
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[2026-07-07 16:29 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Global music moguls turn to Korea for next growth engine
Snippet: Jay-Z's MarcyPen launches investment venture with Hanwha as Ne-Yo expands artist business into Asia
Read full article: https://www.koreaherald.com/article/10801048
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[2026-07-07 16:16 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Why oil investors fear the next toll fight could be the Strait of Malacca
Snippet: Iran's push for control over the Strait of Hormuz has prompted some energy market participants to worry about the introduction of tolls on the Strait of Malacca, one of the world's most important energy and trade choke points.
Read full article: https://www.cnbc.com/2026/07/07/malacca-hormuz-oil-shipping-indonesia.html
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[2026-07-07 16:13 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Kospi plunges despite Samsung's record earnings
Snippet: The South Korean benchmark Kospi slumped during intraday trading Tuesday, despite market heavyweight Samsung Electronics posting a record-high quarterly operating profit earlier in the day.
Read full article: https://www.koreaherald.com/article/10801015
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[2026-07-07 16:13 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s chip equipment rally faces earnings test as memory boom fuels bets on local tools
Snippet: With first-half earnings season looming, the question for semiconductor industry is whether results can justify stock rally
Read full article: https://www.scmp.com/tech/tech-trends/article/3359705/chinas-chip-equipment-rally-faces-earnings-test-memory-boom-fuels-bets-local-tools?utm_source=rss_feed
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[2026-07-07 16:13 UTC+10:00] [Piotech] [Factuality: 100]
Source: South China Morning Post
Title: China’s chip equipment rally faces earnings test as memory boom fuels bets on local tools
Snippet: With first-half earnings season looming, the question for semiconductor industry is whether results can justify stock rally
Read full article: https://www.scmp.com/tech/tech-trends/article/3359705/chinas-chip-equipment-rally-faces-earnings-test-memory-boom-fuels-bets-local-tools
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[2026-07-07 16:00 UTC+10:00] [Extreme heat] [Factuality: 100]
Source: Guardian Australia
Title: Fuel on the fire: why oil companies are profiting as the world gets dangerously hot
Snippet: The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase production
Read full article: https://www.theguardian.com/environment/2026/jul/07/big-oil-companies-profiting-fossil-fuel-global-climate-change
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[2026-07-07 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
Snippet: China now faces challenge of too much refining capacity as electric vehicles, especially trucks, slash demand, CNPC officials say
Read full article: https://www.scmp.com/business/commodities/article/3359696/peak-oil-chinas-crude-demand-set-fall-ev-bets-ease-hormuz-fears?utm_source=rss_feed
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[2026-07-07 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
Snippet: China now faces challenge of too much refining capacity as electric vehicles, especially trucks, slash demand, CNPC officials say
Read full article: https://www.scmp.com/business/commodities/article/3359696/peak-oil-chinas-crude-demand-set-fall-ev-bets-ease-hormuz-fears
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[2026-07-07 15:57 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Hyundai records fastest growth among global top 10 EV makers
Snippet: Hyundai Motor Group posted the fastest growth among the world's top 10 electric vehicle makers in the first five months of the year, even as Chinese automakers continued to dominate the global market despite weakening demand at home.
Read full article: https://www.koreaherald.com/article/10800972
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[2026-07-07 15:51 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Global banks lift Korea growth outlook to 3% on chip exports
Snippet: Major global investment banks have raised their average forecast for South Korea's economic growth this year to 3 percent, the Korea Center for International Finance said Monday, citing a semiconductor-led export boom.
Read full article: https://www.koreaherald.com/article/10800958
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[2026-07-07 15:48 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul, Washington, Tokyo to hold first trilateral foreign ministers' talks of year at NATO summit
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/10800950
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[2026-07-07 15:33 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: How Israeli start-ups are helping ships navigate a contested Hormuz - opinion
Snippet: On June 25, the Singaporean-flagged container ship Ever Lovely was struck by an Iranian one-way attack drone as it traversed the Strait of Hormuz. Two days later, the Panamanian-flagged crude oil tanker Kiku was also hit near the Omani coast, according to reports from the United Kingdom Maritime Trade Operations (UKMTO).
Read full article: https://www.jpost.com/defense-and-tech/article-901674
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[2026-07-07 15:33 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Dubai drops seven places in global ranking of costliest cities for ultra-rich | The National
Snippet: Dubai has dropped seven places to rank as the 14th most expensive city in the world for the ultra-wealthy this year, driven not by any cooling of prices in the emirate but by currency swings elsewhere, a report has found.
Read full article: https://www.thenationalnews.com/business/money/2026/07/07/dubai-drops-seven-places-in-global-ranking-of-costliest-cities-for-ultra-rich/
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[2026-07-07 15:33 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: LG Energy Solution returns to profit as ESS demand grows
Snippet: Rising North American energy storage battery shipments offset persistent EV market weakness as second-half recovery gains momentum
Read full article: https://www.koreaherald.com/article/10800921
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[2026-07-07 15:31 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Pakistan gives foreign banks an edge in shift to Islamic finance
Snippet: One currency, two banking systems. Pakistan's banks must all offer sharia-compliant services from 2028, but foreign banks will be able to continue offering non-Islamic services alongside -- giving them a possible advantage. © Reuters
Read full article: https://asia.nikkei.com/business/finance/pakistan-gives-foreign-banks-an-edge-in-shift-to-islamic-finance
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[2026-07-07 15:31 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: LG Electronics beats big with record Q2
Snippet: Home appliances, vehicle components and HVAC drive record sales and operating profit, comfortably beating market expectations
Read full article: https://www.koreaherald.com/article/10800918
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[2026-07-07 15:30 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Top diplomats of S. Korea, U.S., Japan to meet in Turkey on sidelines of NATO summit
Snippet: SEOUL, July 7 (Yonhap) -- The top diplomats of South Korea, the United States and Japan plan to meet in Turkey on Tuesday for talks on North Korea-related issues, regional and global affairs and ways to strengthen trilateral security and economic cooperation, Seoul's foreign ministry said.
Read full article: https://en.yna.co.kr/view/AEN20260707004100315
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[2026-07-07 15:29 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Samsung tops Nvidia with record Q2 operating profit
Snippet: AI memory surge powers record W89.4 trillion operating profit, well above market expectations
Read full article: https://www.koreaherald.com/article/10800917
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[2026-07-07 15:23 UTC+10:00] [Australia news] [Factuality: 100]
Source: Guardian Australia
Title: WiseTech shares rise after Richard White resigns as executive chair amid police investigation
Snippet: Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officer
Read full article: https://www.theguardian.com/australia-news/2026/jul/07/richard-white-resigns-wisetech-chair-police-investigation-ntwnfb
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[2026-07-07 15:22 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: US prosecutors credit gold trader in Iran sanctions case with key help ahead of sentencing
Snippet: NEW YORK — US prosecutors are seeking leniency at next-week's sentencing of a Turkish-Iranian businessman who admitted to helping Iranians and their government evade sanctions and who provided key testimony at a 2017 corruption trial that strained relations between the U.S. and Turkey.
Read full article: https://www.manilatimes.net/2026/07/07/business/foreign-business/us-prosecutors-credit-gold-trader-in-iran-sanctions-case-with-key-help-ahead-of-sentencing/2379499
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[2026-07-07 15:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Lynas, JS Link sign deal for Malaysian magnet plant
Snippet: A Lynas worker in Mount Weld, Australia, picks up a handful of rare-earth concentrate in 2019. The material has been left to dry in the sun before being shipped to Malaysia. © Reuters
Read full article: https://asia.nikkei.com/business/markets/commodities/lynas-js-link-sign-deal-for-malaysian-magnet-plant
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[2026-07-07 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge
Snippet: Chinese-built AI models are gaining traction among U.S. companies as they narrow the performance gap with leading American rivals while remaining significantly cheaper to use.
Read full article: https://www.cnbc.com/2026/07/07/chinese-ai-models-costs-us-openai-anthropic.html
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