Topic: Business & Economy — Neutral reports only

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[2026-05-21 00:45 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Oil retreats, stocks rise on cautious Mideast war hopes
Snippet: LONDON, United Kingdom — Oil prices slid and stock markets advanced Wednesday as Iran said it had allowed around two dozen ships to transit the Strait of Hormuz, easing concerns about the apparent impasse on ending the war in the Middle East.
Read full article: https://www.manilatimes.net/2026/05/20/news/world/oil-retreats-stocks-rise-on-cautious-mideast-war-hopes/2348454
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[2026-05-21 00:31 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Barakah drone attack showed 'clear disregard for civilian lives', Dr Al Jaber says | The National
Snippet: Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, on Wednesday said a drone strike on the Barakah Nuclear Energy Plant in Abu Dhabi was a “dangerous escalation”.
Read full article: https://www.thenationalnews.com/business/energy/2026/05/20/barakah-drone-attack-showed-clear-disregard-for-civilian-lives-dr-al-jaber-says/
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[2026-05-21 00:09 UTC+10:00] [US news] [Factuality: 90]
Source: Guardian Australia
Title: Barney Frank, one of first openly gay members of Congress, dies aged 86
Snippet: Pelosi hails Frank as ‘pioneering’ LGBTQ+ voice and key architect of financial reform
Read full article: https://www.theguardian.com/us-news/2026/may/20/barney-frank-dead
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[2026-05-21 00:01 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Mark Zuckerberg’s Meta kicks off major bloodbath with 8,000 layoffs as AI roils tech giant
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/20/business/meta-kicks-off-bloodbath-with-8000-layoffs-in-shift-to-ai/
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[2026-05-21 00:00 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: LIV cash crunch hits Asian Tour, as Korea Open cuts planned US$500,000 prize money boost
Snippet: Move comes after Saudi Arabia’s Public Investment Fund announces it will stop bankrolling breakaway golf circuit after the 2026 season
Read full article: https://www.scmp.com/sport/golf/article/3354249/liv-cash-crunch-hits-asian-tour-korea-open-cuts-planned-us500000-prize-money-boost?utm_source=rss_feed
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[2026-05-21 00:00 UTC+10:00] [Morocco] [Factuality: 90]
Source: South China Morning Post
Title: LIV cash crunch hits Asian Tour, as Korea Open cuts planned US$500,000 prize money boost
Snippet: Move comes after Saudi Arabia’s Public Investment Fund announces it will stop bankrolling breakaway golf circuit after the 2026 season
Read full article: https://www.scmp.com/sport/golf/article/3354249/liv-cash-crunch-hits-asian-tour-korea-open-cuts-planned-us500000-prize-money-boost
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[2026-05-21 00:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Fintech firm Mercury hits $5.2 billion valuation after funding round, up 49% in 14 months
Snippet: Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.
Read full article: https://www.cnbc.com/2026/05/20/fintech-mercury-valuation-fundraise-bank-charter.html
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[2026-05-20 23:58 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Barney Frank, a liberal congressman and trailblazer for gay rights, dies
Snippet: House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., speaks on Capitol Hill in Washington, July 22, 2010. (AP Photo/Alex Brandon, File)
Read full article: https://apnews.com/article/barney-frank-congressman-democrat-gay-rights-massachusetts-2bcabf60456bc189fef2cadd393a8b76
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[2026-05-20 23:28 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Corporate billionaires are China’s latest live-streaming influencers | South China Morning Post
Snippet: EV executives such as Xiaomi’s Lei Jun and NIO’s William Li have live-streamed themselves on road trips featuring their brands’ vehicles.
Read full article: https://www.scmp.com/video/china/3354275/corporate-billionaires-are-chinas-latest-live-streaming-influencers
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[2026-05-20 23:27 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: House bill allowing faster gov't response vs fuel-driven inflation hurdles 2nd reading
Snippet: MANILA, Philippines — The House of Representatives on Wednesday approved on second reading the proposed Kalinga Act, which seeks to enable a faster government response to fuel-driven inflation and other economic shocks.
Read full article: https://www.manilatimes.net/2026/05/20/news/national/house-bill-allowing-faster-govt-response-vs-fuel-driven-inflation-hurdles-2nd-reading/2348301
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[2026-05-20 23:18 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Black Cube doubles office space in Tel Aviv
Snippet: Israeli private intelligence agency Black Cube will double the office space it is leasing in Tel Aviv. "Globes" has learned that the company has leased the 19th floor in Tel Aviv's Discount Tower, in addition to the 26th floor, where it already has its offices.
Read full article: https://www.jpost.com/business-and-innovation/article-896834
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[2026-05-20 23:17 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Vladimir Putin, Xi Jinping praise high-level ties, growing energy trade at Beijing meeting days after Trump’s visit
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/20/world-news/putin-and-xi-praise-their-high-level-ties-and-growing-energy-trade-as-they-meet-in-beijing-days-after-trumps-visit/
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[2026-05-20 22:07 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Emirates debuts first retrofitted two-class A380 with Premium Economy cabin | The National
Snippet: Emirates airline's first reconfigured two-class Airbus A380 completed its inaugural commercial flight between Dubai and Birmingham on Wednesday.
Read full article: https://www.thenationalnews.com/travel/2026/05/20/emirates-debuts-first-retrofitted-two-class-a380-with-premium-economy-cabin/
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[2026-05-20 22:07 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: College career path ‘over’ as skilled trade get 30% pay bump, recruitment giant says
Snippet: The days of going to college to secure a lucrative career are over, as skilled trade workers have seen a 30% wage bump in the past few years, the CEO of the world's largest recruitment firm told CNBC.
Read full article: https://www.cnbc.com/2026/05/20/ai-skills-randstad-college-trades-jobs-pay-bump.html
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[2026-05-20 22:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Meta Axes 8,000 Workers As Zuckerberg Admits AI Is Watching, Replacing Labor
Snippet: Welcome to another day of corporate America hemorrhaging engineers and other white-collar workers with insurmountable student debt as AI adoption accelerates. This era will likely be remembered in history as the great "white-collar purge," and the response will be continued hatred of data centers.
Read full article: https://www.zerohedge.com/technology/meta-axes-8000-workers-zuckerberg-admits-ai-watching-replacing-labor
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[2026-05-20 22:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Phantom limb’: report blames China shock for Germany’s industrial malaise
Snippet: Berlin urged to back stronger European trade instrument against a backdrop of ever-expanding economic problems
Read full article: https://www.scmp.com/news/china/diplomacy/article/3354265/phantom-limb-report-blames-china-shock-germanys-industrial-malaise?utm_source=rss_feed
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[2026-05-20 22:00 UTC+10:00] [Brussels] [Factuality: 100]
Source: South China Morning Post
Title: ‘Phantom limb’: report blames China shock for Germany’s industrial malaise
Snippet: Berlin urged to back stronger European trade instrument against a backdrop of ever-expanding economic problems
Read full article: https://www.scmp.com/news/china/diplomacy/article/3354265/phantom-limb-report-blames-china-shock-germanys-industrial-malaise
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[2026-05-20 21:51 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop
Snippet: US equity futures are higher led by tech as the selloff in bonds eased and traders awaited earnings from Nvidia after the close. As of 7:30am ET, S&P futures are up 0.3% while Nasdaq futs rose 0.7% showing optimism heading into the release and overlooking weakness in tech during APAC trade.
Read full article: https://www.zerohedge.com/markets/futures-rise-ahead-critical-nvidia-earnings-oil-bond-yields-drop
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[2026-05-20 21:40 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Why are nearly 50,000 Samsung workers about to strike in South Korea?
Snippet: South Korean chipmaker Samsung Electronics is facing one of the most serious workers’ strikes in its history, with a protest which could affect the overall economy and the group’s global supply of semiconductors.
Read full article: https://www.aljazeera.com/news/2026/5/20/why-are-nearly-50000-samsung-workers-about-to-strike-in-south-korea
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[2026-05-20 21:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Snippet: Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics.
Read full article: https://www.zerohedge.com/markets/samsung-union-authorizes-massive-strike-memory-chip-plants-after-mediation-talks-collapse
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[2026-05-20 21:03 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Putin and Xi hail their high-level ties and growing energy trade as they meet in Beijing
Snippet: BEIJING — Chinese leader Xi Jinping and Russian President Vladimir Putin hailed their strategic ties and growing energy trade as they met in Beijing Wednesday only days after a visit by US President Donald Trump to China.
Read full article: https://www.manilatimes.net/2026/05/20/world/putin-and-xi-hail-their-high-level-ties-and-growing-energy-trade-as-they-meet-in-beijing/2348081
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[2026-05-20 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
Snippet: UK supermarkets are being urged by the government to limit food prices in return for easing regulations.
Read full article: https://www.zerohedge.com/personal-finance/rubbish-knee-jerk-reaction-uk-treasury-pushes-food-price-caps-inflation-re
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[2026-05-20 20:54 UTC+10:00] [Cars] [Factuality: 100]
Source: Politico
Title: EU leaders hope Trump trade truce will hold
Snippet: European leaders struck a triumphant tone early Wednesday after the EU finally clinched a deal to implement its long-delayed trade pact with the United States, ending months of tariff threats and transatlantic brinkmanship.
Read full article: https://www.politico.eu/article/eu-us-trade-deal-finalized-donald-trump-tariff-standoff/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-05-20 20:52 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Syria’s investment boom: Real opportunity or political mirage? | The National
Snippet: Syria is becoming part of the economic conversation again.
Read full article: https://www.thenationalnews.com/podcasts/business-extra/2026/05/20/syrias-investment-boom-real-opportunity-or-political-mirage/
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[2026-05-20 20:43 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Target reports stronger-than-expected quarterly sales amid turnaround
Snippet: Target CEO Michael Fiddelke speaks at Target’s Financial Community Meeting at Target headquarters in Minneapolis, Tuesday, March 3, 2026. (AP Photo/Tom Baker, File)
Read full article: https://apnews.com/article/target-stores-sales-first-quarter-earnings-e9cb08ccbb751594634c13df3708805b
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[2026-05-20 20:32 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: EU overcomes fierce internal debate to agree on tariff deal with the US
Snippet: President Donald Trump and European Commission President Ursula von der Leyen shake hands after reaching a trade deal at the Trump Turnberry golf course in Turnberry, Scotland, on July 27, 2025. (AP Photo/Jacquelyn Martin, File)
Read full article: https://apnews.com/article/brussels-eu-strasbourg-parliament-us-tariffs-trade-deal-be3a93dacbc05f888edbdd179c81f729
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[2026-05-20 20:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Japan feels the squeeze as China’s rare earth magnet exports only partly recover
Snippet: China’s exports of rare earth magnets to Japan recovered only modestly last month, with Japanese firms warning of ‘severe’ shortages
Read full article: https://www.scmp.com/economy/china-economy/article/3354236/japan-feels-squeeze-chinas-rare-earth-magnet-exports-only-partly-recover?utm_source=rss_feed
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[2026-05-20 20:30 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: Japan feels the squeeze as China’s rare earth magnet exports only partly recover
Snippet: China’s exports of rare earth magnets to Japan recovered only modestly last month, with Japanese firms warning of ‘severe’ shortages
Read full article: https://www.scmp.com/economy/china-economy/article/3354236/japan-feels-squeeze-chinas-rare-earth-magnet-exports-only-partly-recover
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[2026-05-20 20:27 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong minister touts gold as ‘bridge between conventional and new finance’
Snippet: Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354257/hong-kong-minister-touts-gold-bridge-between-conventional-and-new-finance?utm_source=rss_feed
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[2026-05-20 20:27 UTC+10:00] [Hong Kong] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong minister touts gold as ‘bridge between conventional and new finance’
Snippet: Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354257/hong-kong-minister-touts-gold-bridge-between-conventional-and-new-finance
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[2026-05-20 20:25 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (URGENT) S. Korea-operated vessel clears Strait of Hormuz for 1st time since U.S.-Iran war: foreign ministry
Snippet: (2nd LD) Trump arrives in Beijing for summit talks with Xi on trade, Iran, Taiwan, other topics
Read full article: https://en.yna.co.kr/view/AEN20260520010200315
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[2026-05-20 20:12 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s private equity activity picks up as investors focus on tech and AI opportunities
Snippet: ‘From a valuation point of view, this is still an attractive moment,’ as new growth drivers emerge from China’s tech sector, analyst says
Read full article: https://www.scmp.com/business/banking-finance/article/3354255/chinas-private-equity-activity-picks-investors-focus-tech-and-ai-opportunities?utm_source=rss_feed
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[2026-05-20 20:12 UTC+10:00] [Jacqueline Zhang] [Factuality: 100]
Source: South China Morning Post
Title: China’s private equity activity picks up as investors focus on tech and AI opportunities
Snippet: ‘From a valuation point of view, this is still an attractive moment,’ as new growth drivers emerge from China’s tech sector, analyst says
Read full article: https://www.scmp.com/business/banking-finance/article/3354255/chinas-private-equity-activity-picks-investors-focus-tech-and-ai-opportunities
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[2026-05-20 20:08 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: EU economic package to make PH 'digital connectivity hub' in Southeast Asia
Snippet: MANILA, Philippines -- Finland underscored the deepening economic partnership between Manila and Helsinki, including regional initiatives such as the European Union’s Global Gateway and Digital Economy Package, which aims to make the Philippines a "digital connectivity hub" in Southeast Asia.
Read full article: https://www.manilatimes.net/2026/05/20/news/eu-economic-package-to-make-ph-digital-connectivity-hub-in-southeast-asia/2348037
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[2026-05-20 20:07 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Indonesia takes control of 'strategic' commodity exports with new body
Snippet: Workers walk near coal barges in Palembang, Indonesia: Commodity producer shares fell on May 20, after the government announced new export controls. © Reuters
Read full article: https://asia.nikkei.com/business/markets/commodities/indonesia-takes-control-of-strategic-commodity-exports-with-new-body
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[2026-05-20 20:00 UTC+10:00] [Roblox] [Factuality: 100]
Source: Guardian Australia
Title: Online child safety campaigners call for US inquiry into Roblox
Snippet: Groups claim game platform’s design and business model conflict with children’s developmental needs
Read full article: https://www.theguardian.com/games/2026/may/20/online-child-safety-campaigners-call-for-us-inquiry-into-roblox
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[2026-05-20 20:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why is Chinese DRAM maker CXMT’s IPO attracting so much attention?
Snippet: ChangXin Memory Technologies is sparking investor interest as DRAM profits soar, AI drives shortages and China pushes for chip self-reliance
Read full article: https://www.scmp.com/business/china-business/article/3354223/why-chinese-dram-maker-cxmts-ipo-attracting-so-much-attention?utm_source=rss_feed
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[2026-05-20 20:00 UTC+10:00] [CXMT] [Factuality: 100]
Source: South China Morning Post
Title: Why is Chinese DRAM maker CXMT’s IPO attracting so much attention?
Snippet: ChangXin Memory Technologies is sparking investor interest as DRAM profits soar, AI drives shortages and China pushes for chip self-reliance
Read full article: https://www.scmp.com/business/china-business/article/3354223/why-chinese-dram-maker-cxmts-ipo-attracting-so-much-attention
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[2026-05-20 20:00 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Local businesses aiming to profit from the World Cup while having some fun along the way
Snippet: Local businesses around Kansas City are releasing twists to their signature products and other merchandise to join in on the World Cup festivities. (AP video: Nick Ingram)
Read full article: https://apnews.com/article/world-cup-economy-c7eb9f149991611c27c89e0efa330af3
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[2026-05-20 20:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Why New Yorkers are happily relocating to this fast-growing Texas suburb: ‘I never think about moving back’
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/20/business/new-yorkers-are-happily-relocating-to-this-fast-growing-texas-suburb/
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[2026-05-20 20:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: FTC urged to investigate Roblox for allegedly exposing kids to sex predators, misleading public about safety
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/20/business/ftc-urged-to-investigate-roblox-for-allegedly-exposing-kids-to-sex-predators-misleading-public-about-safety/
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[2026-05-20 19:58 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Hormuz blockage is forging a new overland energy map for the Middle East | The National
Snippet: Senior Saudi statesman Prince Turki Al Faisal once told me that energy markets bind the world together. Coming from the man whose father, King Faisal, started the 1973 oil embargo – a near cataclysmic event at the time that saw the New York Stock Exchange shed almost half its value in a year, and ushered in a decade of high inflation, unemployment and stagnant industrial productivity worldwide – that means something.
Read full article: https://www.thenationalnews.com/opinion/comment/2026/05/20/hormuz-blockage-is-forging-a-new-overland-energy-map-for-the-middle-east/
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[2026-05-20 19:36 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Bank Indonesia raises policy rate by 0.5%, exceeding market expectations
Snippet: Bank Indonesia has kept interest rates unchanged for the previous seven months. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/business/markets/bank-indonesia-raises-policy-rate-by-0.5-exceeding-market-expectations
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[2026-05-20 19:36 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Bank Indonesia raises policy rate by 0.5 point, exceeding market expectations
Snippet: Bank Indonesia has kept interest rates unchanged for the previous seven months. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/business/markets/bank-indonesia-raises-policy-rate-by-0.5-point-exceeding-market-expectations
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[2026-05-20 19:32 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Dror Bin to step down as CEO of Israel Innovation Authority after five-year term
Snippet: Dror Bin, CEO of the Israel Innovation Authority, announced on Tuesday that he will conclude his five‑year tenure in the coming months, following a planned transition process intended to ensure continuity as the IIA prepares for new leadership.
Read full article: https://www.jpost.com/business-and-innovation/article-896814
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[2026-05-20 19:29 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Samsung, union resume negotiations with minister mediating
Snippet: SEOUL — Samsung Electronics and its workers' union resumed talks Wednesday with South Korea's labor minister mediating, in a last-ditch attempt to avert a strike.
Read full article: https://www.manilatimes.net/2026/05/20/business/foreign-business/samsung-union-resume-negotiations-with-minister-mediating/2347979
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[2026-05-20 19:08 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Abu Dhabi Ship Building signs Dh1.3bn deal with Italy's Leonardo for Kuwaiti missile boats | The National
Snippet: Italian defence company Leonardo signed a deal worth €320 million (Dh1.3 billion) with the UAE’s Edge Group unit Abu Dhabi Ship Building to provide advanced naval combat systems for the Kuwait navy’s missile boat programme.
Read full article: https://www.thenationalnews.com/business/economy/2026/05/20/abu-dhabi-ship-building-signs-dh13bn-leonardo-deal-for-kuwait-missile-boats/
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[2026-05-20 19:06 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: More Republicans approve of Trump on immigration than the economy: poll
Snippet: President Donald Trump with first lady Melania Trump addresses the attendees from the Blue Room Balcony of the White House during the annual Congressional Picnic on the South Lawn, Tuesday, May 19, 2026, in Washington. (AP Photo/Manuel Balce Ceneta)
Read full article: https://apnews.com/article/poll-trump-republicans-economy-iran-immigration-283a726342b3b41e0b71f2b2941d8484
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[2026-05-20 19:04 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese investment in Europe surges to 7-year high despite rising trade tensions
Snippet: But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels
Read full article: https://www.scmp.com/economy/china-economy/article/3354235/chinese-investment-europe-surges-7-year-high-despite-rising-trade-tensions?utm_source=rss_feed
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[2026-05-20 19:04 UTC+10:00] [France] [Factuality: 100]
Source: South China Morning Post
Title: Chinese investment in Europe surges to 7-year high despite rising trade tensions
Snippet: But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels
Read full article: https://www.scmp.com/economy/china-economy/article/3354235/chinese-investment-europe-surges-7-year-high-despite-rising-trade-tensions
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