Topic: Business & Economy — Neutral reports only

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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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[2026-05-12 18:49 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Duo swindled $6 million from five victims in investment scam, court hears
Snippet: Andre Langos and Sam Smith will be sentenced in South Australia's District Court next month. (ABC News: Che Chorley)
Read full article: https://www.abc.net.au/news/2026-05-12/andre-langos-and-sam-smith-fraudulent-property-scheme/106670440
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[2026-05-12 18:41 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Senate to act on impeachment complaint ‘forthwith’ — Cayetano
Snippet: MANILA, Philippines — Senate President Alan Peter Cayetano on Tuesday assured the public that the Senate would act “forthwith” on the impeachment complaint against Vice President Sara Duterte, while balancing other urgent national concerns, particularly economic issues affecting Filipinos.
Read full article: https://www.manilatimes.net/2026/05/12/news/senate-to-act-on-impeachment-complaint-forthwith-cayetano/2341438
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[2026-05-12 18:34 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: France’s Macron announces $27bn investment in Africa at Kenya summit
Snippet: French President Emmanuel Macron has announced 23 billion euros ($27bn) of investment during the Africa Forward summit in Kenya.
Read full article: https://www.aljazeera.com/news/2026/5/12/frances-macron-announces-27bn-investment-in-africa-at-kenya-summit
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[2026-05-12 18:34 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: US-China summit tests ties as tensions grow over Taiwan, trade, AI technology
Snippet: Ahead of the US-China summit, the world’s two largest economies are preparing for a high-stakes meeting in Beijing, where US President Donald Trump and Chinese President Xi Jinping are set to meet at a critical moment as personal chemistry and national rivalry collide on the global stage.
Read full article: https://www.jpost.com/international/article-895884
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[2026-05-12 18:31 UTC+10:00] [National] [Factuality: 100]
Source: The Age
Title: Federal budget to bring sweeping changes to housing, investment gains
Snippet: Products & ServicesOpen Products & Services section
Read full article: https://www.theage.com.au/national/federal-budget-to-bring-sweeping-changes-to-housing-investment-gains-20260512-p5zw4h.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 18:06 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Two attacks in four days kill dozens in Pakistan near Afghanistan border
Snippet: The weekend attack took place in Pakistan's Khyber Pakhtunkhwa province, which borders Afghanistan. (AP Photo: Aamad Khattak)
Read full article: https://www.abc.net.au/news/2026-05-12/deadly-pakistan-market-blast-follows-weekend-car-bombing/106671600
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[2026-05-12 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Would you invest in a play? Hong Kong sets the stage for tokenised funding
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353222/would-you-invest-play-hong-kong-sets-stage-tokenised-funding?utm_source=rss_feed
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[2026-05-12 18:00 UTC+10:00] [tokenised gold] [Factuality: 100]
Source: South China Morning Post
Title: Would you invest in a play? Hong Kong sets the stage for tokenised funding
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353222/would-you-invest-play-hong-kong-sets-stage-tokenised-funding
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[2026-05-12 17:54 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Mitsubishi Heavy expects profit surge as Japan eases arms export rules
Snippet: Mitsubishi Heavy Industries' military hardware includes warships like the destroyer “Yoshii”, launched here at its Nagasaki Shipyard in Japan last December. (Photo by Taro Fujii)
Read full article: https://asia.nikkei.com/business/companies/mitsubishi-heavy-expects-profit-surge-as-japan-eases-arms-export-rules
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[2026-05-12 17:33 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Palestine weekly wrap: Israeli settlers rampage through West Bank villages
Snippet: “We are building the Land of Israel and destroying the idea of a Palestinian state,” said Israeli Finance Minister Bezalel Smotrich on Friday. The action that brought on his comments: Israel’s uprooting of 3,000 Palestinian-planted trees in the occupied West Bank.
Read full article: https://www.aljazeera.com/news/2026/5/12/palestine-weekly-wrap-israeli-settlers-rampage-through-west-bank-villages
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[2026-05-12 17:17 UTC+10:00] [Botswana] [Factuality: 90]
Source: Guardian Australia
Title: Gaborone gold rush: how Botswana rose to the top of men’s sprinting
Snippet: Country with a population of just 2.5m credits investment in young athletes for its rise but this progress is under threat
Read full article: https://www.theguardian.com/world/2026/may/12/gaborone-gold-rush-botswana-sprinting-athletics
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[2026-05-12 17:14 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: AI rally pauses as Middle East ceasefire goes on ‘life support’
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/business/economy/ai-rally-pauses-middle-east-ceasefire-life-support/
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[2026-05-12 17:12 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Man who spiked family’s meal, burned charcoal in flat guilty of attempted murder
Snippet: Wong Pak-ting, 45, tried to kill wife, three daughters and himself out of fear they would be harrassed for his business debts, Hong Kong court hears
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3353244/man-who-spiked-familys-meal-burned-charcoal-flat-guilty-attempted-murder?utm_source=rss_feed
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[2026-05-12 17:12 UTC+10:00] [attempted murder] [Factuality: 100]
Source: South China Morning Post
Title: Man who spiked family’s meal, burned charcoal in flat guilty of attempted murder
Snippet: Wong Pak-ting, 45, tried to kill wife, three daughters and himself out of fear they would be harrassed for his business debts, Hong Kong court hears
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3353244/man-who-spiked-familys-meal-burned-charcoal-flat-guilty-attempted-murder
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[2026-05-12 17:09 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Presidential official proposes 'public dividends' from AI-driven boom
Snippet: SEOUL, May 12 (Yonhap) -- The presidential chief of staff for policy on Tuesday proposed introducing public dividends to distribute the "fruits" from an artificial intelligence (AI)-driven economic boom.
Read full article: https://en.yna.co.kr/view/AEN20260512008600315
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[2026-05-12 17:03 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Private equity firm EQT to buy Japan restaurant review operator for $3.7b
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-3.7b
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[2026-05-12 16:46 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: TMK Energy gas flow surge sparks Mongolian energy supply talks
Snippet: TMK Energy appears to be steadily earning a top seat at the table in Mongolia’s emerging gas sector, with production continuing to rise at its Gurvantes XXXV coal seam gas project.
Read full article: https://www.theage.com.au/business/companies/tmk-energy-gas-flow-surge-sparks-mongolian-energy-supply-talks-20260512-p5zw3g.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 16:45 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: SKC to raise 1.2 tln won through rights offering to invest in glass substrate
Snippet: SEOUL, May 12 (Yonhap) -- SKC Ltd., the chemical and materials arm of SK Group, said Tuesday it will issue new shares worth 1.16 trillion won (US$786.6 million) to invest in its glass substrate business and improve its financial structure.
Read full article: https://en.yna.co.kr/view/AEN20260512007800320
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[2026-05-12 16:42 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Trade disputes, Taiwan and Iran war: Can US and China reach a consensus?
Snippet: As US President Donald Trump prepares to touch down in China for his first visit to the country since the start of his second term, the world is once again watching the uneasy dance between the world’s two largest economies.
Read full article: https://www.middleeasteye.net/opinion/us-china-trade-disputes-taiwan-iran-war-reach-consensus-can
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[2026-05-12 16:42 UTC+10:00] [National / WA] [Factuality: 90]
Source: The Age
Title: WA opposition slams state budget as ‘reckless and unsophisticated’
Snippet: The 2026-27 state budget has been labelled as reckless by the West Australian opposition, who have claimed it showed inflation was “made in WA” and strategies to address rising living costs were unsophisticated.
Read full article: https://www.theage.com.au/national/western-australia/wa-opposition-slams-state-budget-as-reckless-and-unsophisticated-20260512-p5zw0q.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 16:15 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: BTS draws 150,000 fans in Mexico City, fuels 'BTSnomics'
Snippet: 3 concerts expected to generate over $100 million in economic activity: Chamber of Commerce
Read full article: https://www.koreaherald.com/article/10736241
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[2026-05-12 16:14 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Larvotto hauls first antimony-gold ore as NSW Hillgrove restart nears
Snippet: Larvotto Resources has chalked up a genuine “red letter” project development moment at its Hillgrove antimony-gold project near Armidale in New South Wales, with first ore from its Metz underground mine now hauled to a surface stockpile.
Read full article: https://www.theage.com.au/business/companies/larvotto-hauls-first-antimony-gold-ore-as-nsw-hillgrove-restart-nears-20260512-p5zw2y.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 16:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Debris from Hormuz strike on Korean ship to undergo joint analysis as Seoul weighs response
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/10736236
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[2026-05-12 16:01 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Lee slams 'predatory' act of financial institutions
Snippet: President Lee Jae Myung on Tuesday slammed a bad bank in South Korea for their "predatory" act of collecting borrowers' debts that are long overdue.
Read full article: https://www.koreaherald.com/article/10736226
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[2026-05-12 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: European airlines adding China flights despite Russian airspace barrier
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
Read full article: https://www.scmp.com/economy/china-economy/article/3353110/european-airlines-adding-china-flights-despite-russian-airspace-barrier?utm_source=rss_feed
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[2026-05-12 16:00 UTC+10:00] [Europe] [Factuality: 100]
Source: South China Morning Post
Title: European airlines adding China flights despite Russian airspace barrier
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
Read full article: https://www.scmp.com/economy/china-economy/article/3353110/european-airlines-adding-china-flights-despite-russian-airspace-barrier
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[2026-05-12 16:00 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Tax changes will help 75,000 young people get a home: Chalmers
Snippet: Treasurer Jim Chalmers will claim that a suite of tax changes covering negative gearing and capital gains tax will help 75,000 young Australians get into the property market.
Read full article: https://www.theage.com.au/politics/federal/tax-changes-will-help-75-000-young-people-get-a-home-chalmers-20260512-p5zvys.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 15:54 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: South Korea floats using AI profits for 'people's dividend'
Snippet: The administration of South Korean President Lee Jae Myung has floated the idea of having members of the public receive dividends from the massive profits of chipmakers. (Nikkei montage/Source photo by Reuters)
Read full article: https://asia.nikkei.com/business/technology/south-korea-floats-using-ai-profits-for-people-s-dividend
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[2026-05-12 15:52 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: New Seoul art fair HIVE drops booth fees in market experiment
Snippet: The inaugural HIVE Art Fair in Seoul will experiment with an alternative business model that removes set booth fees and places emphasis on curatorial presentation. The five-event fair will start on May 21 at COEX Magok.
Read full article: https://www.koreaherald.com/article/10736213
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[2026-05-12 15:47 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Adnoc Gas aims to restore 80% of Habshan capacity by end of year after Iran war damage | The National
Snippet: Adnoc Gas expects up to 80 per cent of processing capacity at the Habshan complex to be restored by the end of the year, after the facility was damaged during Iran's attacks on the UAE.
Read full article: https://www.thenationalnews.com/business/energy/2026/05/12/adnoc-gas-aims-to-restore-80-of-habshan-capacity-by-end-of-year-after-iran-war-damage/
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[2026-05-12 15:45 UTC+10:00] [General] [Factuality: 100]
Source: The Korea Herald
Title: Kakao Pay targets 10 million offline payment users by 2027
Snippet: Kakao Pay is ramping up its offline payment expansion, aiming to grow monthly offline payment users to 10 million by 2027 as competition intensifies in Korea’s digital payments market.
Read full article: https://www.koreaherald.com/article/10736205
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[2026-05-12 15:41 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Mirae Asset becomes first Korean brokerage to top W1tr quarterly profit
Snippet: Stock rally, overseas growth, SpaceX gains fuel record profit
Read full article: https://www.koreaherald.com/article/10736197
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[2026-05-12 15:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Acciones asiáticas cotizan mixtas tras el repunte de Wall Street pese a temores de guerra con Irán
Snippet: Operadores de divisas reaccionan junto a una pantalla con el índice surcoreano Korea Composite Stock Price Index (KOSPI), a la izquierda, en la sala de operaciones del banco Hana en Seúl, Corea del Sur, el martes 12 de mayo de 2026. (AP Foto/Ahn Young-joon)
Read full article: https://apnews.com/article/mercados-asia-iran-wall-street-daf2404e3d53cf80562e6f2e6df64d3a
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[2026-05-12 15:38 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Popular 1990s internet search giant shuts down
Snippet: Ask.com, one of the internet’s earliest search engine competitors, has shut down its search business after nearly 30 years, marking the latest contraction in a market dominated by a handful of major players.
Read full article: https://nypost.com/2026/05/12/business/popular-1990s-internet-search-giant-shuts-down/
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[2026-05-12 15:35 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Chief financial regulator vows to scale up support for AI firms
Snippet: SEOUL, May 12 (Yonhap) -- The chief of the country's financial regulator said Tuesday that authorities will double the support for artificial intelligence (AI) firms.
Read full article: https://en.yna.co.kr/view/AEN20260512002800320
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[2026-05-12 15:34 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
Snippet: The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the Strait of Hormuz.
Read full article: https://nypost.com/2026/05/12/business/saudi-aramco-ceo-warns-oil-markets-may-not-recover-until-2027-due-to-hormuz-disruptions/
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[2026-05-12 15:31 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Critical Resources expands lithium drill pipeline in Canada
Snippet: Critical Resources has widened the lens at the company’s Mavis Lake lithium project in Ontario, kicking off fieldwork across the underexplored Corona pegmatite field as it looks to transform the asset from a single-resource story into a broader multi-deposit lithium district.
Read full article: https://www.theage.com.au/business/companies/critical-resources-expands-lithium-drill-pipeline-in-canada-20260512-p5zw2j.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 15:28 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Bond yields jump in Japan and South Korea as US, Iran talks snag
Snippet: 10-year Japanese government bond yields jumped to 2.545% on May 12, a level not seen since June 1997. (Photo by Arisa Moriyama)
Read full article: https://asia.nikkei.com/business/markets/bond-yields-jump-in-japan-and-south-korea-as-us-iran-talks-snag
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[2026-05-12 15:16 UTC+10:00] [Renewable energy] [Factuality: 100]
Source: Guardian Australia
Title: Datacentres should be forced to invest in wind and solar energy, agree all states except Queensland
Snippet: State and federal energy ministers said investments in new renewable generation and energy storage should “fully offset” new data centres’ energy needs
Read full article: https://www.theguardian.com/environment/2026/may/12/datacentres-australia-wind-solar-energy-investment
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[2026-05-12 15:01 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Title: China Inc.'s global growth curbs Trump tariff powers undercut by courts
Snippet: U.S. President Donald Trump is set to meet Chinese leader Xi Jinping in Beijing this week, as they look to preserve their trade truce. (Nikkei montage/Source photos by Reuters)
Read full article: https://asia.nikkei.com/economy/trade-war/trump-tariffs/china-inc.-s-global-growth-curbs-trump-tariff-powers-undercut-by-courts
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[2026-05-12 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Behind Big Oil’s first-quarter beat: The quiet rise of trading desks
Snippet: Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on a commercially sensitive and often-overlooked unit that tends to outperform during periods of market volatility.
Read full article: https://www.cnbc.com/2026/05/12/oil-energy-trading-iran-war-bp-shell.html
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[2026-05-12 14:54 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Bond yields rise slightly in April amid expectations of higher oil prices, inflationary pressure
Snippet: SEOUL, May 12 (Yonhap) -- Yield rates on South Korean state bonds rose slightly in April from the previous month amid expectations of rising oil prices and inflationary pressure, market data showed Tuesday.
Read full article: https://en.yna.co.kr/view/AEN20260512006300320
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[2026-05-12 14:43 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: True North drills deep as Qld copper study and reserves loom
Snippet: True North Copper has checked off another key box on the road to a 2026 pre-feasibility study, completing its latest drilling campaign at the company’s Cloncurry copper project in northwest Queensland.
Read full article: https://www.theage.com.au/business/companies/true-north-drills-deep-as-qld-copper-study-and-reserves-loom-20260512-p5zw20.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 14:43 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Asia's trillion-dollar titans are powering — and distorting — its fastest growing stock markets
Snippet: As South Korea's and Taiwan's benchmark indexes surged to record highs this year — powered by Asia's trillion-dollar titans — it has raised concerns that their rallies are becoming dangerously dependent on a handful of artificial intelligence winners.
Read full article: https://www.cnbc.com/2026/05/12/tsmc-samsung-sk-hynixs-south-korea-taiwan-stocks-ai-chipmakers-concentration-risk.html
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[2026-05-12 14:33 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Samsung Securities debuts omnibus account service with IBKR
Snippet: Samsung Securities said Tuesday it launched a foreign omnibus account service in partnership with Interactive Brokers, marking a major step in efforts to attract more global retail investors to the South Korean stock market.
Read full article: https://www.koreaherald.com/article/10736108
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