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    Topic: Business & Economy — Neutral reports only

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    [2026-05-12 22:53 UTC+10:00] [eBay] [Factuality: 100]
    Source: Guardian Australia
    Title: GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’
    Snippet: Online marketplace takes into account uncertainty around US video games retailer’s financing proposal
    Read full article: https://www.theguardian.com/business/2026/may/12/gamestop-bid-for-ebay-rejected-as-neither-credible-nor-attractive
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    [2026-05-12 22:53 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Inflation surges to hottest level in nearly three years as Iran war raises prices
    Snippet: Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
    Read full article: https://nypost.com/2026/05/12/business/inflation-surges-to-hottest-level-in-nearly-three-years-as-iran-war-raises-prices/
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    [2026-05-12 22:39 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
    Snippet: Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue.
    Read full article: https://www.zerohedge.com/personal-finance/us-consumer-prices-are-rising-their-fastest-3-years
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    [2026-05-12 22:39 UTC+10:00] [General] [Factuality: 100]
    Source: AP News
    Title: US consumer prices rise 3.8% as Iran war sends energy prices higher
    Snippet: A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
    Read full article: https://apnews.com/article/us-inflation-consumer-iran-war-3f11b7fdd20ea56d2f0895e5241af7b6
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    [2026-05-12 22:37 UTC+10:00] [US economy] [Factuality: 100]
    Source: Guardian Australia
    Title: US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
    Snippet: Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
    Read full article: https://www.theguardian.com/business/2026/may/12/us-inflation-april-iran-war
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    [2026-05-12 22:30 UTC+10:00] [General] [Factuality: 100]
    Source: CNBC
    Title: Consumer prices rose 3.8% annually in April, the highest since May 2023
    Snippet: Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
    Read full article: https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html
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    [2026-05-12 22:15 UTC+10:00] [Australian budget 2026] [Factuality: 100]
    Source: Guardian Australia
    Title: Labor’s ‘ambitious’ budget: will it be enough to fix the housing crisis? – podcast
    Snippet: Treasurer Jim Chalmers has handed down what he calls the most important budget in decades. As Donald Trump’s war on Iran continues to cause chaos around the world, and support for One Nation surges in Australia, the treasurer insists this is a budget that will ease economic pressures.But does the bold rhetoric stack up?
    Read full article: https://www.theguardian.com/australia-news/audio/2026/may/12/labors-ambitious-budget-will-it-be-enough-to-fix-the-housing-crisis-full-story-podcast
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    [2026-05-12 22:14 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: 'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
    Snippet: Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
    Read full article: https://www.zerohedge.com/ai/could-resonate-globally-korea-sparks-market-chaos-ai-tax-threat
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    [2026-05-12 22:00 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Hong Kong gold push delivers record US$732 million ETF inflows in April
    Snippet: As investors hedge against global risks, Hong Kong’s gold ETF inflows reinforce its emergence as a key trading centre
    Read full article: https://www.scmp.com/business/banking-finance/article/3353301/hong-kong-gold-push-delivers-record-us732-million-etf-inflows-april?utm_source=rss_feed
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    [2026-05-12 22:00 UTC+10:00] [Dubai] [Factuality: 100]
    Source: South China Morning Post
    Title: Hong Kong gold push delivers record US$732 million ETF inflows in April
    Snippet: As investors hedge against global risks, Hong Kong’s gold ETF inflows reinforce its emergence as a key trading centre
    Read full article: https://www.scmp.com/business/banking-finance/article/3353301/hong-kong-gold-push-delivers-record-us732-million-etf-inflows-april
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    [2026-05-12 21:41 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Australia takes aim at rising fuel prices with annual budget
    Snippet: Parliament House in Canberra. Treasurer Jim Chalmers says, "We're delivering a fairer tax system for workers, first home buyers and future generations." (Photo by Ken Kobayashi)
    Read full article: https://asia.nikkei.com/economy/australia-takes-aim-at-rising-fuel-prices-with-annual-budget
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    [2026-05-12 21:27 UTC+10:00] [Business] [Factuality: 100]
    Source: The Age
    Title: Can changes to negative gearing and capital gains tax help you buy a home?
    Snippet: Products & ServicesOpen Products & Services section
    Read full article: https://www.theage.com.au/business/can-changes-to-negative-gearing-and-capital-gains-tax-help-you-buy-a-home-20260512-p5zw5u.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 21:21 UTC+10:00] [Trump administration] [Factuality: 90]
    Source: Guardian Australia
    Title: Trump to head to China for high-stakes talks with Xi – US politics live
    Snippet: Meeting comes amid tentative trade truce but Iran, Taiwan and tensions over global supply chains will be complicating factors
    Read full article: https://www.theguardian.com/us-news/live/2026/may/12/donald-trump-china-iran-redistricting-jeffrey-epstein-latest-news-updates
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    [2026-05-12 21:20 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: Jet Fuel Shortage Deepens Pressure On Global Airlines
    Snippet: Heathrow’s April passenger numbers fell 5% to 6.7 million, with Middle East traffic down 50%.
    Read full article: https://www.zerohedge.com/personal-finance/jet-fuel-shortage-deepens-pressure-global-airlines
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    [2026-05-12 21:05 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Japan's Nidec suspected of over 1,000 cases of quality tampering
    Snippet: Compliance issues at Kyoto-based motor maker Nidec include unauthorized design changes and falsification of inspection data (Photo by Kosaku Mimura).
    Read full article: https://asia.nikkei.com/business/companies/japan-s-nidec-suspected-of-over-1-000-cases-of-quality-tampering
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    [2026-05-12 21:05 UTC+10:00] [General] [Factuality: 100]
    Source: CNBC
    Title: Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance
    Snippet: Telehealth company Hims & Hers' stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead.
    Read full article: https://www.cnbc.com/2026/05/12/hims-hers-plummets-16percent-after-first-quarter-loss-weak-guidance-.html
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    [2026-05-12 21:03 UTC+10:00] [Australian budget 2026] [Factuality: 100]
    Source: Guardian Australia
    Title: Aukus costs balloon with more cash and staff for submarine agency amid ongoing search for nuclear waste dump
    Snippet: Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arrive
    Read full article: https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-aukus-submarines-nuclear-defence-spending
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    [2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: German firms in China more upbeat about economy despite Iran war, trade headwinds: survey
    Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
    Read full article: https://www.scmp.com/economy/china-economy/article/3353294/german-firms-china-more-upbeat-about-economy-despite-iran-war-trade-headwinds-survey?utm_source=rss_feed
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    [2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: German firms in China more optimistic despite Iran war, trade headwinds: survey
    Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
    Read full article: https://www.scmp.com/economy/china-economy/article/3353294/german-firms-china-more-upbeat-about-economy-despite-iran-war-trade-headwinds-survey
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    [2026-05-12 21:00 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Brazil’s visa-free entry for Chinese visitors sparks rise in South America travel demand
    Snippet: Search volume for Brazil-related keywords has increased by more than 15 times, providing a boost to China’s long-haul travel products
    Read full article: https://www.scmp.com/business/china-business/article/3353288/brazils-visa-free-entry-chinese-visitors-sparks-rise-south-america-travel-demand?utm_source=rss_feed
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    [2026-05-12 21:00 UTC+10:00] [Jiangsu province] [Factuality: 100]
    Source: South China Morning Post
    Title: Brazil’s visa-free entry for Chinese visitors sparks rise in South America travel demand
    Snippet: Search volume for Brazil-related keywords has increased by more than 15 times, providing a boost to China’s long-haul travel products
    Read full article: https://www.scmp.com/business/china-business/article/3353288/brazils-visa-free-entry-chinese-visitors-sparks-rise-south-america-travel-demand
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    [2026-05-12 20:57 UTC+10:00] [General] [Factuality: 100]
    Source: CNBC
    Title: SoftBank has injected $450 million into this British AI chip company
    Snippet: Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware.
    Read full article: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html
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    [2026-05-12 20:48 UTC+10:00] [Oil (Petroleum) and Gasoline] [Factuality: 100]
    Source: The New York Times
    Title: The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
    Snippet: The Iran war has wreaked havoc on global supply chains, caused a spike in oil prices and scrambled international trade.
    Read full article: https://www.nytimes.com/2026/05/12/world/asia/calbee-japan-bags-iran-war.html
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    [2026-05-12 20:39 UTC+10:00] [General] [Factuality: 100]
    Source: CNBC
    Title: India’s inflation in April rises for sixth straight month, but undershoots estimates
    Snippet: India's consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March, even as the government kept prices at the pump steady to shield consumers from rising global oil prices.
    Read full article: https://www.cnbc.com/2026/05/12/india-april-inflation-rises-fuel-prices-rbi-growth-outlook.html
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    [2026-05-12 20:35 UTC+10:00] [Economy & Markets] [Factuality: 100]
    Source: Michael West Media
    Title: Chalmers’ budget. From landlord paradise to clever country?
    Snippet: Don't pay so you can read it. Pay so everyone can!
    Read full article: https://michaelwest.com.au/chalmers-budget-from-landlord-paradise-to-clever-country/
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    [2026-05-12 20:35 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Major Japanese petroleum company expects Hormuz crisis to subside in July
    Snippet: Idemitsu Kosan is one of the few companies that has been able to slip a vessel through the Strait of Hormuz since the U.S. attacked Iran. (Nikkei montage/Source photos by Yuki Nakao and Idemitsu Tanker website)
    Read full article: https://asia.nikkei.com/spotlight/iran-tensions/iran-war/major-japanese-petroleum-company-expects-hormuz-crisis-to-subside-in-july3
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    [2026-05-12 20:31 UTC+10:00] [General] [Factuality: 100]
    Source: Al Jazeera
    Title: At least nine people killed in explosion at Pakistan market
    Snippet: An explosion in a busy market in northwestern Pakistan has killed at least nine people and wounded 30, according to emergency workers and a medical official.
    Read full article: https://www.aljazeera.com/news/2026/5/12/at-least-nine-people-killed-in-explosion-at-pakistan-market
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    [2026-05-12 20:31 UTC+10:00] [General] [Factuality: 90]
    Source: The Moscow Times
    Title: Yulia Navalnaya Rejects Claims of ‘Fictitious Employees’ as FBK Infighting Goes Public
    Snippet: Yulia Navalnaya, the widow of the late Russian opposition activist Alexei Navalny, has dismissed accusations of financial impropriety within the Anti-Corruption Foundation (FBK), which her husband founded in 2011 to investigate corruption among government officials.
    Read full article: https://www.themoscowtimes.com/2026/05/12/yulia-navalnaya-rejects-claims-of-fictitious-employees-as-fbk-infighting-goes-public-a92735
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    [2026-05-12 20:23 UTC+10:00] [National / Queensland] [Factuality: 100]
    Source: The Age
    Title: Wynnum height increase clears final hurdle as new development revealed
    Snippet: Plans to allow new apartment towers in Wynnum have cleared their final hurdle, as a new commercial complex in the suburb was announced by the city’s investment fund.
    Read full article: https://www.theage.com.au/national/queensland/wynnum-height-increase-clears-final-hurdle-as-new-development-revealed-20260512-p5zw43.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 20:21 UTC+10:00] [General] [Factuality: 100]
    Source: AfricaNews
    Title: Congo-Brazzaville asks to open talks with IMF for new economic programme
    Snippet: The Republic of Congo has formally asked to open negotiations with the International Monetary Fund (IMF) with a view to establishing a new economic and financial programme.
    Read full article: http://www.africanews.com/2026/05/12/brazzaville-asks-to-open-talks-with-imf-for-new-economic-programme/
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    [2026-05-12 20:20 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Senate approves expanded free tertiary education bill
    Snippet: MANILA, Philippines —The Senate on Tuesday approved on third and final reading a measure seeking to strengthen the implementation of the Universal Access to Quality Tertiary Education Act by expanding financial assistance, widening access for disadvantaged learners, and improving monitoring and quality assurance mechanisms in tertiary education.
    Read full article: https://www.manilatimes.net/2026/05/12/news/senate-approves-expanded-free-tertiary-education-bill/2341526
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    [2026-05-12 20:19 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Bessent says FX volatility "undesirable" after meeting Japan's Takaichi
    Snippet: Japanese Prime Minister Sanae Takaichi, right, and U.S. Treasury Secretary Scott Bessent pose for photos at the prime minister's office in Tokyo on May 12. (Photo by Ken Suzuki)
    Read full article: https://asia.nikkei.com/business/markets/bessent-says-fx-volatility-undesirable-after-meeting-japan-s-takaichi
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    [2026-05-12 20:15 UTC+10:00] [Politics / Federal] [Factuality: 100]
    Source: The Age
    Title: Victoria urged to follow Canberra’s lead in property tax overhaul
    Snippet: Property experts say the generational tax changes in Jim Chalmers’ budget, although well intended, will do little to address the most pressing crisis confronting Victoria’s moribund housing market – the prohibitive cost of building homes.
    Read full article: https://www.theage.com.au/politics/federal/victoria-urged-to-follow-canberra-s-lead-in-property-tax-overhaul-20260508-p5zv1q.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 20:02 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Trump visit opens door for ‘casual’ networking between US and Chinese business chiefs
    Snippet: Sources said that Beijing’s exclusive Capital Club had been reserved for networking opportunities in a ‘less formal’ setting
    Read full article: https://www.scmp.com/news/china/diplomacy/article/3353283/trump-visit-opens-door-casual-networking-between-us-and-chinese-business-chiefs?utm_source=rss_feed
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    [2026-05-12 20:02 UTC+10:00] [Beijing] [Factuality: 100]
    Source: South China Morning Post
    Title: Trump visit opens door for ‘casual’ networking between US and Chinese business chiefs
    Snippet: Sources said that Beijing’s exclusive Capital Club had been reserved for networking opportunities in a ‘less formal’ setting
    Read full article: https://www.scmp.com/news/china/diplomacy/article/3353283/trump-visit-opens-door-casual-networking-between-us-and-chinese-business-chiefs
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    [2026-05-12 19:53 UTC+10:00] [Politics / Federal] [Factuality: 100]
    Source: The Age
    Title: How is your money being spent? Five charts that explain the country’s finances
    Snippet: Treasurer Jim Chalmers is trying to steer the federal budget through choppy economic waters, which are expected to get rougher in coming months.
    Read full article: https://www.theage.com.au/politics/federal/how-is-your-money-being-spent-five-charts-that-explain-the-country-s-finances-20260508-p5zv1d.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 19:53 UTC+10:00] [Australian budget 2026] [Factuality: 100]
    Source: Guardian Australia
    Title: Trump’s Middle East war could push Australia to brink of recession if conflict worsens, budget papers show
    Snippet: Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war
    Read full article: https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-oil-prices-middle-east-conflict-iran-war-impacts-on-economy-inflation
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    [2026-05-12 19:43 UTC+10:00] [General] [Factuality: 100]
    Source: ABC News
    Title: $250 tax break for millions of workers in federal budget 2026
    Snippet: Treasurer Jim Chalmers and Finance Minister Katy Gallagher say the budget aims to tackle intergenerational inequity. (ABC News: Callum Flinn)
    Read full article: https://www.abc.net.au/news/2026-05-12/federal-budget-2026-tax-break-for-millions-of-workers/106669972
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    [2026-05-12 19:41 UTC+10:00] [Business] [Factuality: 100]
    Source: The Age
    Title: The federal budget at a glance
    Snippet: Products & ServicesOpen Products & Services section
    Read full article: https://www.theage.com.au/business/the-federal-budget-at-a-glance-20260512-p5zw4z.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 19:40 UTC+10:00] [Politics / NSW] [Factuality: 100]
    Source: The Age
    Title: NSW short-changed by Chalmers on key infrastructure funding
    Snippet: The federal government’s investment in state infrastructure will leave NSW with less road funding per person than Queensland, Western Australia and South Australia.
    Read full article: https://www.theage.com.au/politics/nsw/nsw-short-changed-by-chalmers-on-key-infrastructure-funding-20260508-p5zv1n.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 19:40 UTC+10:00] [Politics / Federal] [Factuality: 100]
    Source: The Age
    Title: Trump’s war a $15 billion budget hit – and it could get much worse
    Snippet: US President Donald Trump’s war with Iran has forced the government to spend an extra $15 billion over four years, slashing economic growth forecasts and spurring warnings of a disastrous spike in inflation if the conflict drags on and oil prices surge to as much as $US200 a barrel.
    Read full article: https://www.theage.com.au/politics/federal/trump-s-war-a-15-billion-budget-hit-and-it-could-get-much-worse-20260508-p5zv22.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 19:40 UTC+10:00] [National / Queensland] [Factuality: 100]
    Source: The Age
    Title: What the federal budget means for Queensland
    Snippet: The Albanese government has unveiled a daring overhaul of property tax to slug investors and help more first homebuyers enter the market – a move likely to be felt most acutely by Queenslanders.
    Read full article: https://www.theage.com.au/national/queensland/what-the-federal-budget-means-for-queensland-20260512-p5zw1e.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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    [2026-05-12 19:40 UTC+10:00] [National] [Factuality: 100]
    Source: 9News
    Title: Tax refunds for businesses who report losses
    Snippet: Property News: Suburbs where house values rose most in the past 12 months.
    Read full article: https://www.9news.com.au/national/federal-budget-2026-tax-refunds-offered-to-small-business-losses/db4828b2-8887-4873-a35c-738c4dbea424
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    [2026-05-12 19:35 UTC+10:00] [Australian budget 2026] [Factuality: 100]
    Source: Guardian Australia
    Title: Budget 2026 Australia: Jim Chalmers announces capital gains tax and negative gearing reform for housing
    Snippet: Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness
    Read full article: https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-tax-capital-gains-negative-gearing-economy-housing-ndis-cost-of-living-oil-prices
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    [2026-05-12 19:32 UTC+10:00] [General] [Factuality: 100]
    Source: ABC News
    Title: CGT changes could see investment shift to shares, budget suggests
    Snippet: Several tax measures to help small business with cash flow have been made permanent in the budget. (ABC News: John Gunn)
    Read full article: https://www.abc.net.au/news/2026-05-12/budget-2026-share-market-investors-cgt-changes-small-business/106669784
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    [2026-05-12 19:30 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: China must raise taxes on ultra-rich to fight inequality, ex-adviser says
    Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
    Read full article: https://www.scmp.com/economy/policy/article/3353076/china-must-raise-taxes-ultra-rich-fight-inequality-ex-adviser-says?utm_source=rss_feed
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    [2026-05-12 19:30 UTC+10:00] [high-income groups] [Factuality: 100]
    Source: South China Morning Post
    Title: China must raise taxes on ultra-rich to fight inequality, ex-adviser says
    Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
    Read full article: https://www.scmp.com/economy/policy/article/3353076/china-must-raise-taxes-ultra-rich-fight-inequality-ex-adviser-says
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    [2026-05-12 19:27 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Private equity firm EQT to buy Japan restaurant review operator for $3.7bn
    Snippet: Sweden's EQT is set to acquire the Japanese operator of the Tabelog restaurant review and booking site. (Source photos by screenshot from Tabelog's website and Ryuta Minamihata)
    Read full article: https://asia.nikkei.com/business/business-deals/private-equity-firm-eqt-to-buy-japan-restaurant-review-operator-for-3.7bn
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    [2026-05-12 19:24 UTC+10:00] [General] [Factuality: 100]
    Source: The National (UAE)
    Title: Mubadala invests $325m in UK wind farm that will power more than 3 million homes | The National
    Snippet: Mubadala Investment Company, Abu Dhabi’s sovereign investment arm, is investing $325 million in Orsted’s Hornsea 3 offshore wind farm in the UK, as it continues to expand its global renewable energy portfolio.
    Read full article: https://www.thenationalnews.com/business/energy/2026/05/12/mubadala-invests-325m-in-uk-wind-farm-that-will-power-more-than-3-million-homes/
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    [2026-05-12 19:07 UTC+10:00] [Business / The economy] [Factuality: 100]
    Source: The Age
    Title: China can far outlast America over the Middle East conflict
    Snippet: You have reached your maximum number of saved items.
    Read full article: https://www.theage.com.au/business/the-economy/china-can-far-outlast-america-over-the-middle-east-conflict-20260511-p5zviv.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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