Topic: Business & Economy — Neutral reports only

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[2026-05-14 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: ComBank debit card users strike luck in first draw of ‘Debit Card Challenge 2026’ - DailyNews
Snippet: The Commercial Bank of Ceylon has announced the first winners of its ‘Debit Card Challenge 2026,’ with 250 debit card holders emerging victorious in the inaugural monthly draw of a promotion that is set to reward 1,000 customers with prizes worth a total of Rs. 45 million.
Read full article: https://dailynews.lk/2026/05/14/business/994394/combank-debit-card-users-strike-luck-in-first-draw-of-debit-card-challenge-2026/
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[2026-05-14 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: CSE completes second planting phase of trees in Rajawaka rainforest - DailyNews
Snippet: The Colombo Stock Exchange (CSE) concluded the second stage of its landmark reforestation initiative in collaboration with the non-profit “Rainforest Protectors of Sri Lanka” with members of CSE planting the first 200 saplings of the second stage in the Rajawaka rainforest last week.
Read full article: https://dailynews.lk/2026/05/14/business/994421/cse-completes-second-planting-phase-of-trees-in-rajawaka-rainforest/
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[2026-05-14 05:32 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: The Hamptons summer housing market hits record highs — with $1M monthly rent now routine
Snippet: The Hamptons rental market has always been expensive. But this year, it’s in another stratosphere entirely.
Read full article: https://nypost.com/2026/05/13/real-estate/the-hamptons-summer-rental-market-hits-record-highs/
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[2026-05-14 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Home Lands signs SPA with CHEC Port City to develop twin tower high-rise in Central Park district of Port City - DailyNews
Snippet: Marking a historic milestone in the progressive development of Port City Colombo which is widely regarded as the turning point of Sri Lanka’s economy, Home Lands Group’s Home Lands Port City (Pvt) Limited signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited to develop the most iconic twin tower high-rise project in the Central Park district of Port City, that will merge with and overlook 40 acres of lush Central Parkland.
Read full article: https://dailynews.lk/2026/05/14/business/994385/home-lands-signs-spa-with-chec-port-city-to-develop-twin-tower-high-rise-in-central-park-district-of-port-city/
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[2026-05-14 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Prime Melwa unveils world class Marina Living at Port City, Colombo - DailyNews
Snippet: Prime Melwa Port City (Pvt) Ltd yesterday signed the Sales and Purchase Agreement (SPA) with CHEC Port City Colombo (Pvt) Limited, marking a historic milestone in the realization of one of the most prestigious upcoming marina and waterfront developments at Port City Colombo.
Read full article: https://dailynews.lk/2026/05/14/business/994397/prime-melwa-unveils-world-class-marina-living-at-port-city-colombo-2/
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[2026-05-14 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: AIA secures top honours at CLA Great Manager Awards - DailyNews
Snippet: AIA Insurance Lanka has once again established its position as an organisation that places people and leadership at the heart of its success, by securing top honours at the CLA Great Manager Awards 2025, presented by the Colombo Leadership Academy (CLA).
Read full article: https://dailynews.lk/2026/05/14/business/994391/aia-secures-top-honours-at-cla-great-manager-awards/
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[2026-05-14 05:32 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Doc990 implements digital queue system for pharmacy services at Galle National Hospital - DailyNews
Snippet: Doc990, one of Sri Lanka’s pioneering digital health solutions provider operated by Digital Health (Pvt) Ltd — a subsidiary of Dialog Axiata PLC — announced the introduction of a digital queue management system at Galle National Hospital, focused on pharmacy service counters.
Read full article: https://dailynews.lk/2026/05/14/business/994388/doc990-implements-digital-queue-system-for-pharmacy-services-at-galle-national-hospital/
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[2026-05-14 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Exchange Rates ( Date 13.05.2026 )
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
Read full article: https://dailynews.lk/2026/05/14/business/994468/exchange-rates-date-13-05-2026/
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[2026-05-14 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Shares – Colombo Stock Exchange ( Market Statistics on 13.05.2026 )
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
Read full article: https://dailynews.lk/2026/05/14/business/994485/shares-colombo-stock-exchange-market-statistics-on-13-05-2026/
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[2026-05-14 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Coconut ( Coconut Products – Prices on 13/05/2026 )
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
Read full article: https://dailynews.lk/2026/05/14/business/994488/coconut-coconut-products-prices-on-13-05-2026/
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[2026-05-14 05:26 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Iran is using Caspian Sea, highways and a railroad to China to bypass US blockade of Hormuz
Snippet: Iran has turned to alternative trade to bypass the US blockade along the Strait of Hormuz, making use of northern sea ports, trucking through land borders and sending cargo through a rail system bound for China to sell oil and receive vital parts for its military, according to multiple reports.
Read full article: https://nypost.com/2026/05/13/world-news/iran-is-using-caspian-sea-highways-and-a-railroad-to-china-to-bypass-us-blockade-of-hormuz/
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[2026-05-14 05:23 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: The ‘universally flattering’ brow pencils stars swear by are finally back in stock
Snippet: We’ve been keeping our eyes peeled for this beauty restock.
Read full article: https://pagesix.com/2026/05/13/style/the-flattering-sanias-brow-bar-pencil-stars-love-is-back-in-stock/
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[2026-05-14 05:20 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: $100K-per-week rental homes in Hamptons are empty ahead of US Open golf tournament
Snippet: Hamptons homeowners hoping to cash in on deep-pocketed golf fans during next month’s US Open are discovering that $100,000-a-week rental dreams may have overshot.
Read full article: https://nypost.com/2026/05/13/business/100k-per-week-rental-homes-in-hamptons-are-empty-ahead-of-us-open-golf-tournament/
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[2026-05-14 05:20 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to slide, Wall Street boosted by tech stocks; Warsh narrowly confirmed as new Fed chair
Snippet: Wall Street is drifting in mixed trading on Wednesday after another discouraging update on inflation and a recovery for technology stocks.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-slide-wall-street-boosted-by-tech-stocks-warsh-narrowly-confirmed-as-new-fed-chair-20260514-p5zwmp.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-14 04:58 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Mamdani’s city-owned supermarkets to face off against new, immigrant-led business group: ‘Prepared to sue’
Snippet: Mayor Zohran Mamdani’s controversial plan to open city-owned grocery stores is set for an explosive City Council hearing – as a new, immigrant-led business group has built a $1 million-plus war chest to oppose it, The Post has learned.
Read full article: https://nypost.com/2026/05/13/business/mamdanis-city-owned-supermarkets-to-face-off-against-new-immigrant-led-business-group-that-has-already-raised-more-than-1m-prepared-to-sue/
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[2026-05-14 04:49 UTC+10:00] [Federal Reserve] [Factuality: 100]
Source: Guardian Australia
Title: US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Snippet: Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates
Read full article: https://www.theguardian.com/business/2026/may/13/kevin-warsh-federal-reserve-chair
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[2026-05-14 04:48 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
Snippet: Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a time when President Donald Trump is pushing for lower interest rates even as fresh inflation data complicates the case for cuts.
Read full article: https://www.cnbc.com/2026/05/13/kevin-warsh-wins-senate-confirmation-as-the-next-federal-reserve-chair.html
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[2026-05-14 04:44 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Brazil reaps gains from US-China tensions with resource diplomacy
Snippet: Brazilian President Luiz Inacio Lula da Silva attends an energy investment event in capital city Brasilia on May 8. © Reuters
Read full article: https://asia.nikkei.com/politics/international-relations/brazil-reaps-gains-from-us-china-tensions-with-resource-diplomacy
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[2026-05-14 04:41 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Kevin Warsh confirmed as next Fed chairman by US Senate as inflation mounts
Snippet: Kevin Warsh was confirmed as the next Federal Reserve chairman on Wednesday — even as surging inflation has begun to box the central bank into one of its toughest corners in years.
Read full article: https://nypost.com/2026/05/13/business/kevin-warsh-confirmed-as-next-fed-chairman-by-us-senate/
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[2026-05-14 04:33 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Gavin Newsom to release updated state budget priorities after previous $2.9B shortfall estimate
Snippet: California Gov. Gavin Newsom will reveal his updated budget plan Thursday as state Democrats grapple with what they claim are “Trump inflation” impacts on public services, particularly health care.
Read full article: https://nypost.com/2026/05/13/us-news/gavin-newsom-to-release-updated-state-budget-priorities-after-previous-2-9b-shortfall-estimate/
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[2026-05-14 04:18 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Title: Trump arrives in Beijing for high-stakes Xi summit amid Iran war | The National
Snippet: US President Donald Trump landed in Beijing on Wednesday for a closely watched summit with Chinese President Xi Jinping, where the war in Iran, trade tension and Taiwan are expected to dominate discussions.
Read full article: https://www.thenationalnews.com/news/us/2026/05/13/trump-china-xi-visit-iran/
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[2026-05-14 04:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Kalshi promo code NYPMAX: Trade $10, get $10 for Stanley Cup Finals markets
Snippet: Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.
Read full article: https://nypost.com/2026/05/13/betting/kalshi-promo-code-nypmax-trade-10-get-10-for-stanley-cup-finals-markets/
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[2026-05-14 03:52 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Banking habits stay rooted as Americans overlook better options: survey
Snippet: One quarter of Americans still have the same bank as when they opened their very first account, new research has revealed.
Read full article: https://nypost.com/2026/05/13/lifestyle/banking-habits-stay-rooted-as-americans-overlook-better-options-survey/
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[2026-05-14 03:46 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Trump to announce tariff truce extension, aircraft purchases from Boeing in China, traders predict
Snippet: Prediction market traders think President Donald Trump will make some major announcements in his trip to meet with Chinese President Xi Jinping in Beijing.
Read full article: https://www.cnbc.com/2026/05/13/traders-predict-trump-will-make-major-announcements-during-china-trip.html
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[2026-05-14 03:39 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: One-of-a-kind ‘castle’ stands to sell for a bargain at auction — after failing to fetch $23M on the market
Snippet: You can call this “castle” your home — and for a bargain, to boot.
Read full article: https://nypost.com/2026/05/13/real-estate/castle-on-the-potomac-heads-to-auction-block/
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[2026-05-14 03:38 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: UAE targets dirty gold in clampdown on money laundering and terror financing | The National
Snippet: Abdulla bin Touq, Minister of Economy and Tourism, has announced measures to crack down on gold being traded for money laundering and financing terrorism.
Read full article: https://www.thenationalnews.com/news/uae/2026/05/13/uae-targets-dirty-gold-in-clampdown-on-money-laundering-and-terror-financing/
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[2026-05-14 03:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Ugly, Tailing 30Y Auction Makes History With First 5%+ Yield Since The Great Quant Crash Of Aug 2007
Snippet: Moments ago, the last refunding auction of the week, the sale of $25BN in 30Y paper, made history: it was the first 30Y auction to print with a high yield above 5%, and a coupon of 5%, since August 2007... which as veteran traders will recall was the month of the historic quant crash which marked the S&P highs at the time and eventually culminated in the global financial crisis.
Read full article: https://www.zerohedge.com/markets/ugly-tailing-30y-auction-makes-history-first-5-yield-great-quant-crash-aug-2007
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[2026-05-14 03:32 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Prosecutors seek seven-year prison term for Sarkozy in Gaddafi case
Snippet: French prosecutors have requested a seven‑year prison sentence for former president Nicolas Sarkozy in his appeal trial over allegations that his 2007 presidential campaign received illegal funding from Muammar Gaddafi’s Libya — a case that has become one of the most explosive political‑financial scandals of France’s Fifth Republic.
Read full article: http://www.africanews.com/2026/05/13/prosecutors-seek-seven-year-prison-term-for-sarkozy-in-gaddafi-case/
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[2026-05-14 03:16 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Nippon Steel projects $630m profit for US Steel on added efficiency
Snippet: U.S. Steel is expected to turn a profit in fiscal 2026. (U.S. Steel)
Read full article: https://asia.nikkei.com/business/companies/nippon-steel-projects-630m-profit-for-us-steel-on-added-efficiency
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[2026-05-14 03:09 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Yen faces new pressure as markets see chances for US rate hike
Snippet: The possibility of a widening interest rate gap between Japan and the U.S. is driving the yen to weaken against the dollar. (Photo by Akira Kodaka)
Read full article: https://asia.nikkei.com/business/markets/currencies/yen-faces-new-pressure-as-markets-see-chances-for-us-rate-hike
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[2026-05-14 03:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Trump, Xi set to talk trade after 30% drop during tariff war
Snippet: A Chinese electronics factory. China's exports to the U.S. fell in 2025, but its overall trade surplus with the world grew. © Reuters
Read full article: https://asia.nikkei.com/economy/trade-war/trump-xi-set-to-talk-trade-after-30-drop-during-tariff-war
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[2026-05-14 03:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Trump, Xi set to talk trade after 30% drop during tariff war
Snippet: A Chinese electronics factory. China's exports to the U.S. fell in 2025, but its overall trade surplus with the world grew. © Reuters
Read full article: https://asia.nikkei.com/spotlight/trump-xi-summit/trump-xi-set-to-talk-trade-after-30-drop-during-tariff-war2
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[2026-05-14 02:59 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Kids face a ‘reading recession’ as test scores continue to plummet across the US
Snippet: MODESTO, Calif. — Before every important test, teacher Nancy Barajas dims the lights, turns on a disco ball and blasts music from her playlist. Her sixth graders dance together as a “pre-celebration” to boost their confidence, then take their exam.
Read full article: https://nypost.com/2026/05/13/lifestyle/kids-face-a-reading-recession-as-test-scores-continue-to-plummet-across-the-us/
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[2026-05-14 02:49 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Doomsday warning for Albertsons as shoppers make major change, flagging finances revealed
Snippet: Albertsons shoppers are turning away from one of the supermarket giant’s most profitable aisles, in a worrying sign for the already-battered grocery chain.
Read full article: https://nypost.com/2026/05/13/business/california-favorite-albertsons-sees-troubling-shopper-habit-shift/
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[2026-05-14 02:23 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: US grocery prices soared in April — but gas spikes weren’t the only reason why
Snippet: Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.
Read full article: https://nypost.com/2026/05/13/business/us-grocery-prices-soared-in-april-but-gas-spikes-werent-the-only-reason-why/
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[2026-05-14 02:10 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US and China seek to repair damage from tariff war that sent trade into a freefall
Snippet: The United States and Chinese flags are flown outside a hotel expected to be used for U.S. President Donald Trump’s visit to Beijing Wednesday, May 13, 2026. (AP Photo/Ng Han Guan)
Read full article: https://apnews.com/article/us-china-trade-exports-tariffs-0c153f76289c1758dcbf27d95ad32ce9
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[2026-05-14 02:09 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Can Pakistan deliver a US-Iran deal – or will another power take the lead?
Snippet: By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Read full article: https://www.rt.com/news/639947-can-pakistan-deliver-us-iran/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-05-14 02:09 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Can Pakistan deliver a US-Iran deal – or will another power take the lead?
Snippet: By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Read full article: https://www.rt.com/news/639947-can-pakistan-deliver-us-iran/
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[2026-05-14 02:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: ​PH should take advantage of new ADB critical minerals facility
Snippet: AT its annual meeting held last week in Samarkand, Uzbekistan, the Asian Development Bank (ADB) announced the launch of a new financing facility designed “to help countries in Asia and the Pacific develop critical minerals supply chains needed for clean energy, batteries, electric vehicles and digital technology,” according to its press release.
Read full article: https://www.manilatimes.net/2026/05/14/opinion/editorial/ph-should-take-advantage-of-new-adb-critical-minerals-facility/2343085
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[2026-05-14 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Redefining essentials in challenging times: Doing good beyond business
Snippet: IN a rapidly evolving world shaped by economic uncertainty, digital disruption and shifting consumer expectations, the definition of what is “essential” is being reexamined. Traditional measures of success — profit, scale and market share — are no longer sufficient. Businesses today are called to operate with greater purpose, responsibility and awareness of their broader impact.
Read full article: https://www.manilatimes.net/2026/05/14/opinion/columns/redefining-essentials-in-challenging-times-doing-good-beyond-business/2343067
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Globe tops telecom sector in FinanceAsia 2026 Best-Managed Companies Poll
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/tmt-newswire/globe-tops-telecom-sector-in-financeasia-2026-best-managed-companies-poll/2342966
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: SEC suspends monthly penalties for late corporate filings
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/business/top-business/sec-suspends-monthly-penalties-for-late-corporate-filings/2343145
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: PH exporters earn P31.68B in Barcelona seafood expo
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/business/top-business/ph-exporters-earn-p3168b-in-barcelona-seafood-expo/2343133
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Local stocks extend decline; peso recovers
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/business/top-business/local-stocks-extend-decline-peso-recovers/2343161
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Customs ports beat April collection target
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/business/top-business/customs-ports-beat-april-collection-target/2343163
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[2026-05-14 02:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: PH growth seen in H2 despite new rate hikes
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/14/business/top-business/ph-growth-seen-in-h2-despite-new-rate-hikes/2343167
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[2026-05-14 01:59 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Wary mood to mark Xi-Trump summit with irritants aplenty on both sides: analysts
Snippet: Observers noted the number of recent strategic and trade blows, including the war on Iran, have not derailed the meeting from going ahead
Read full article: https://www.scmp.com/news/china/diplomacy/article/3353432/wary-mood-mark-xi-trump-summit-irritants-aplenty-both-sides-analysts?utm_source=rss_feed
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[2026-05-14 01:59 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Wary mood to mark Xi-Trump summit with irritants aplenty on both sides: analysts
Snippet: Observers noted the number of recent strategic and trade blows, including the war on Iran, have not derailed the meeting from going ahead
Read full article: https://www.scmp.com/news/china/diplomacy/article/3353432/wary-mood-mark-xi-trump-summit-irritants-aplenty-both-sides-analysts
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[2026-05-14 01:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production
Snippet: Palmer Luckey's Anduril announced a $5 billion Series H funding round at a $61 billion valuation, led by Thrive Capital and Andreessen Horowitz. This comes as President Trump's 'war economy' and the rise of 'war unicorns' gain momentum.
Read full article: https://www.zerohedge.com/military/palmer-luckeys-anduril-secures-5b-61b-valuation-supercharge-killer-drone-production
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[2026-05-14 01:29 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Walmart suits face bloodbath as retailer targets corporate layoffs
Snippet: Walmart is cutting or relocating about 1,000 corporate workers as the retail giant overhauls its technology and product teams amid a broader push into artificial intelligence and automation.
Read full article: https://nypost.com/2026/05/13/business/walmart-suits-face-bloodbath-as-retailer-targets-corporate-for-layoffs/
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