Topic: Business & Economy — Neutral reports only

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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japanese expats being sent home from Thailand as employers cut costs
Snippet: Isuzu is a major investor in Thailand and remains committed as other Japanese companies scale back their expatriate staff in the Southeast Asian country. (Nikkei montage/Source photos by Rie Ishii)
Read full article: https://asia.nikkei.com/economy/japanese-expats-being-sent-home-from-thailand-as-employers-cut-costs
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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Netflix is spying on children and selling user data, Texas AG Ken Paxton alleges in lawsuit
Snippet: The state of Texas announced a lawsuit against streaming giant Netflix on Monday, accusing the company of spying on children and other consumers by collecting their data without consent and designing the platform to be addictive.
Read full article: https://nypost.com/2026/05/11/business/netflix-is-spying-on-children-and-selling-user-data-texas-ag-lawsuit/
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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: US to release 53 million barrels from strategic oil reserve
Snippet: The administration of US President Donald Trump is providing 53.3 million barrels of crude oil from the US Strategic Petroleum Reserve to energy companies as part of a global effort to stabilise markets shaken by the conflict involving Iran, according to a Reuters report.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/us-release-53-million-barrels-strategic-oil-reserve
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[2026-05-12 11:20 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese successors inherit younger as banks prepare for US$11 trillion wealth transfer
Snippet: Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
Read full article: https://www.scmp.com/business/money/wealth/article/3353208/chinese-successors-inherit-younger-banks-prepare-us11-trillion-wealth-transfer?utm_source=rss_feed
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[2026-05-12 11:20 UTC+10:00] [Europe] [Factuality: 100]
Source: South China Morning Post
Title: Chinese successors inherit younger as banks prepare for US$11 trillion wealth transfer
Snippet: Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
Read full article: https://www.scmp.com/business/money/wealth/article/3353208/chinese-successors-inherit-younger-banks-prepare-us11-trillion-wealth-transfer
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[2026-05-12 11:16 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Freddy Peralta’s changing Mets reality puts him ‘at the top of the list’ for any deadline sale
Snippet: Leading up to last year’s trade deadline, Freddy Peralta was starring for the Brewers, his future a bit uncertain thanks to budget-conscious Milwaukee’s penchant for making players available — occasionally well ahead of free agency.
Read full article: https://nypost.com/2026/05/11/sports/freddy-peraltas-changing-mets-reality-puts-him-into-deadline-conversation/
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[2026-05-12 11:00 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: When the ASM has no election: What the Lopez family dispute means for every investor
Snippet: This is AI generated summarization, which may have errors. For context, always refer to the full article.
Read full article: https://www.rappler.com/business/what-lopez-family-dispute-means-investors/
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[2026-05-12 10:54 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: Ang: SMC’s help in Navotas landfill is public service, not business
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/business/ramon-ang-san-miguel-navotas-landfill-public-service/
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[2026-05-12 10:49 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Lee vows to address predatory financial practices tormenting debtors
Snippet: SEOUL, May 12 (Yonhap) -- President Lee Jae Myung on Tuesday pledged to address what he called predatory financial practices burdening low-income debtors, referring to cases of defaulters excluded from a government debt cancellation program.
Read full article: https://en.yna.co.kr/view/AEN20260512002600315
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[2026-05-12 10:33 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: US issues new sanctions over Iran's oil shipments to China as part of Economic Fury
Snippet: The US government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran's shipment of oil to China. The ninth company is based in Oman.
Read full article: https://www.jpost.com/middle-east/iran-news/article-895849
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[2026-05-12 10:00 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Trump aims to stabilize trade in Beijing summit with Xi
Snippet: President Donald Trump, left, and Chinese President Xi Jinping, shake hands after their U.S.-China summit talk at Gimhae International Airport Jinping in Busan, South Korea, Oct. 30, 2025. (AP Photo/Mark Schiefelbein, File)
Read full article: https://apnews.com/article/trump-xi-china-summit-trade-tariffs-2eee658298ba8f064fe232e8832bd2ea
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[2026-05-12 09:34 UTC+10:00] [General] [Factuality: 95]
Source: New York Post
Title: Mystery draft offer couldn’t sway Giants from Francis Mauigoa pick
Snippet: The trade offer came in, and the Giants began weighing the reward of gaining better positioning later in the 2026 draft against the risk of losing the ability to add Francis Mauigoa.
Read full article: https://nypost.com/2026/05/11/sports/mystery-draft-offer-couldnt-sway-giants-from-francis-mauigoa-pick/
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[2026-05-12 09:24 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Walmart braces for new $18 California law — it’s slightly different for every city
Snippet: Make money. Live better.
Read full article: https://nypost.com/2026/05/11/business/walmart-preps-for-southern-california-18-minimum-wage/
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[2026-05-12 09:08 UTC+10:00] [Texas Deceptive Trade Practices Act] [Factuality: 95]
Source: South China Morning Post
Title: Netflix sued by Texas for allegedly spying on children, addicting users
Snippet: ‘When you watch Netflix, Netflix watches you,’ reads the opening page of the lawsuit filed by Republican Attorney General Ken Paxton
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3353202/netflix-sued-texas-allegedly-spying-children-addicting-users
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[2026-05-12 09:00 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Pryce Corp. to hold annual stockholder meeting
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/12/business/pryce-corp-to-hold-annual-stockholder-meeting/2339964
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[2026-05-12 09:00 UTC+10:00] [Britain] [Factuality: 100]
Source: South China Morning Post
Title: ‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top
Snippet: Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next
Read full article: https://www.scmp.com/business/banking-finance/article/3353185/art-deal-uk-telecoms-exit-fits-li-familys-trademark-timing-selling-top
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[2026-05-12 09:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top
Snippet: Disposal of VodafoneThree adds to Li family’s record of cycle-savvy moves, with investors weighing where war chest will flow next
Read full article: https://www.scmp.com/business/banking-finance/article/3353185/art-deal-uk-telecoms-exit-fits-li-familys-trademark-timing-selling-top?utm_source=rss_feed
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[2026-05-12 08:55 UTC+10:00] [National / NSW] [Factuality: 100]
Source: The Age
Title: Breakthrough in alleged Sydney childcare centre attacks
Snippet: After two alleged break-ins and fires set off internal sprinklers and alarms, scorched walls and left signs of accelerant at childcare centres on Sydney’s upper north shore, staff wondered why someone would target the business.
Read full article: https://www.theage.com.au/national/nsw/breakthrough-in-alleged-sydney-childcare-centre-attacks-20260512-p5zvuv.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 08:43 UTC+10:00] [Business] [Factuality: 100]
Source: Guardian Australia
Title: BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal
Snippet: Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come
Read full article: https://www.theguardian.com/business/2026/may/11/buzzfeed-digital-media-deal-byron-allen
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[2026-05-12 08:41 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Microsoft CEO Satya Nadella defends OpenAI’s for-profit status, shares past nerves over Altman ouster
Snippet: OAKLAND, CALIF. — Microsoft CEO Satya Nadella defended OpenAI’s pivot to for-profit status and discussed his company’s hopes for a juicy return on its investment during Monday testimony in Elon Musk’s suit against the AI giant.
Read full article: https://nypost.com/2026/05/11/business/microsoft-ceo-satya-nadella-defends-openais-for-profit-status-shares-past-nerves-over-altman-ouster/
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[2026-05-12 08:21 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ‘We are witnessing history’: The Big Short investor warns of Wall Street crash
Snippet: Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights and Wall Street to record levels.
Read full article: https://www.theage.com.au/business/markets/we-are-witnessing-history-the-big-short-investor-warns-of-wall-street-crash-20260512-p5zvua.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 08:04 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's NEC seeks edge in undersea cable with high-capacity fiber
Snippet: Submarine cables are wound at a factory belonging to NEC subsidiary OCC. (Photo by Kyoko Hariya)
Read full article: https://asia.nikkei.com/business/telecommunication/japan-s-nec-seeks-edge-in-undersea-cable-with-high-capacity-fiber
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[2026-05-12 08:02 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Title: Why Mitsubishi Electric won't follow Hitachi by selling appliance arm
Snippet: Mitsubishi Electric's Kirigamine was recognized by Guinness World Records in 2017 as the longest-running cross-flow-fan air conditioner brand. (Source photos by Nikkei and Mitsubishi Electric)
Read full article: https://asia.nikkei.com/business/electronics/why-mitsubishi-electric-won-t-follow-hitachi-by-selling-appliance-arm
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[2026-05-12 08:01 UTC+10:00] [California] [Factuality: 100]
Source: Guardian Australia
Title: ‘A consistent pattern of lying’: Musk v OpenAI trial exposes what insiders think of Sam Altman
Snippet: The trial has exposed even more details about OpenAI’s fractious corporate past than previously documented
Read full article: https://www.theguardian.com/us-news/2026/may/11/musk-v-openai-altman-trial
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[2026-05-12 08:01 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (EDITORIAL from Korea JoongAng Daily on May 12)
Snippet: Stock market mustn't be reduced to casino for speculators
Read full article: https://en.yna.co.kr/view/AEN20260512000600315
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[2026-05-12 07:50 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: ASX set to open higher as budget in focus
Snippet: Australian shares are set to open higher after Wall Street edged to fresh records, with the S&P 500 notching another closing high as chipmakers rallied, even though most stocks in the index fell.
Read full article: https://www.abc.net.au/news/2026-05-12/asx-markets-business-news-live-updates-budget-day/106653134
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[2026-05-12 07:49 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump heads to China with Musk, Cook and top CEOs for Xi talks
Snippet: Business delegation spanning tech, aviation and finance joins Beijing trip as trade, investment and supply chains top agenda
Read full article: https://www.scmp.com/news/china/article/3353199/trump-heads-china-musk-cook-and-top-ceos-xi-talks?utm_source=rss_feed
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[2026-05-12 07:49 UTC+10:00] [Israel] [Factuality: 100]
Source: South China Morning Post
Title: Trump heads to China with Musk, Cook and top CEOs for Xi talks
Snippet: Business delegation spanning tech, aviation and finance joins Beijing trip as trade, investment and supply chains top agenda
Read full article: https://www.scmp.com/news/china/article/3353199/trump-heads-china-musk-cook-and-top-ceos-xi-talks
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[2026-05-12 07:40 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Title: No, AI Won't Make Money Obsolete
Snippet: Authored by Peter Earle via the American Institute for Economic Research,
Read full article: https://www.zerohedge.com/ai/no-ai-wont-make-money-obsolete
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[2026-05-12 07:11 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Bucks ‘open for business’ on Giannis Antetokounmpo trade
Snippet: The Bucks’ on-again, off-again relationship with Giannis Antetokounmpo has entered a new chapter.
Read full article: https://nypost.com/2026/05/11/sports/bucks-open-for-business-on-giannis-antetokounmpo-trade/
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[2026-05-12 07:05 UTC+10:00] [General] [Factuality: 90]
Source: Middle East Eye
Title: Narenda Modi tells Indians to stop buying gold, work from home, as Iran war dents economy
Snippet: Prime Minister Narendra Modi on Sunday urged Indians to cut down on petrol and diesel consumption and stop buying gold, in a sign that the US-Israeli war on Iran is starting to jolt the world’s fourth-largest economy.
Read full article: https://www.middleeasteye.net/news/narenda-modi-tells-indians-stop-buying-gold-work-home-iran-war-dents-economy
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[2026-05-12 07:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: From stigma to listing: F88 brings Vietnam pawnshops into the mainstream
Snippet: HANOI -- When Phung Anh Tuan was a 20-year-old university student two decades ago, he ran out of cash to pay staff at a cybersecurity startup. A bank loan was out of reach on such short notice, so he walked into a pawnshop, pledged what he had and borrowed enough to keep the business going.
Read full article: https://asia.nikkei.com/spotlight/asean-money/from-stigma-to-listing-f88-brings-vietnam-pawnshops-into-the-mainstream
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[2026-05-12 06:49 UTC+10:00] [General] [Factuality: 90]
Source: New York Post
Title: Soccer fans warned of 36% spike in ticket fraud ahead of World Cup 2026: ‘Incredibly convincing’
Snippet: A top British bank is warning of a big spike in ticket fraud ahead of this year’s World Cup, as sky-high prices could drive fans into the arms of scammers.
Read full article: https://nypost.com/2026/05/11/business/soccer-fans-warned-of-36-spike-in-ticket-fraud-ahead-of-world-cup-2026-incredibly-convincing/
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[2026-05-12 06:46 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Panasonic EV battery production delayed again as customer order stalls
Snippet: Panasonic Energy's 4680 battery, right, is twice as large as its earlier 2170 model and has roughly five times the capacity. (Photo by Yo Inoue)
Read full article: https://asia.nikkei.com/business/automobiles/electric-vehicles/panasonic-ev-battery-production-delayed-again-as-customer-order-stalls
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[2026-05-12 06:45 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Stream It Or Skip Or Skip It: ‘My Royal Nemesis’ On Netflix, Where A Joseon Consort Tries To Remake her Image With The Help Of A Modern-Day Business Maverick
Snippet: In the new Netflix romantic dramedy My Royal Nemesis, a “vixen” from the Joseon era wakes up in modern-day Korea after thinking she was executed. She tries to remake her image with the help of a business shark who rebels from his chaebol family.
Read full article: https://decider.com/2026/05/11/my-royal-nemesis-netflix-review-stream-it-or-skip-it/
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[2026-05-12 06:37 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Trump signing executive orders to lower beef prices as cost of a steak breaks records
Snippet: President Trump is signing a pair of executive orders aimed at lowering beef prices, a White House official told The Post – his latest effort to ease affordability as the price of a tasty steak skyrockets and inflation concerns loom ahead of this year’s midterm elections.
Read full article: https://nypost.com/2026/05/11/business/trump-signing-executive-orders-to-lower-beef-prices-as-cost-of-a-steak-breaks-records/
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[2026-05-12 06:23 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump’s China visit watched in US for signs of stability – and tangible wins
Snippet: American business and policy circles seek trade certainty, AI dialogue and signs rivalry can be managed despite wider tensions
Read full article: https://www.scmp.com/news/us/article/3353195/trumps-china-visit-watched-us-signs-stability-and-tangible-wins?utm_source=rss_feed
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[2026-05-12 06:23 UTC+10:00] [Strait of Hormuz] [Factuality: 100]
Source: South China Morning Post
Title: Trump’s China visit watched in US for signs of stability – and tangible wins
Snippet: American business and policy circles seek trade certainty, AI dialogue and signs rivalry can be managed despite wider tensions
Read full article: https://www.scmp.com/news/us/article/3353195/trumps-china-visit-watched-us-signs-stability-and-tangible-wins
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[2026-05-12 06:19 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: How major US stock indexes fared Monday 5/11/2026
Snippet: Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records.
Read full article: https://apnews.com/article/wall-street-stocks-dow-nasdaq-ddf210e6c5243dcf5430a4667457f371
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[2026-05-12 06:08 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan space startups to train engineers from India, Philippines, Indonesia
Snippet: Participants in JICA's training program will learn how to build and use satellites in Japan. (Photo by Dai Kuwamura)
Read full article: https://asia.nikkei.com/business/aerospace-defense-industries/japan-space-startups-to-train-engineers-from-india-philippines-indonesia
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[2026-05-12 05:54 UTC+10:00] [World / North America] [Factuality: 90]
Source: The Age
Title: Elon Musk joins Trump’s China visit, leaders will discuss Taiwan arms sales
Snippet: Washington: A high-powered delegation of American business leaders including Elon Musk will accompany US President Donald Trump on his visit to China this week, as the two leaders prepare to discuss the sensitive topic of arms sales to Taiwan.
Read full article: https://www.theage.com.au/world/north-america/elon-musk-joins-trump-s-china-visit-leaders-will-discuss-taiwan-arms-sales-20260512-p5zvu8.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-12 05:50 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Export sector to benefit from lower input costs- World Bank
Snippet: The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bank’s April 2026 South Asia Economic Update release on Friday(8) said.
Read full article: https://dailynews.lk/2026/05/12/business/993164/export-sector-to-benefit-from-lower-input-costs-world-bank/
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[2026-05-12 05:49 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Country to move towards innovation-driven, high-value-added exports
Snippet: The establishment of the Viet Nam-Sri Lanka Business Council will enhance bilateral relations, fostering partnerships beyond trade driven by shared ambitions, Export Development Board Chairman Mangala Wijesinghe told the Viet Nam Sri Lanka Business forum held in Colombo on Friday (8).
Read full article: https://dailynews.lk/2026/05/12/business/993158/country-to-move-towards-innovation-driven-high-value-added-exports/
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[2026-05-12 05:48 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Proposal to establish ‘Gem Bank’ to make Lanka richest country in world
Snippet: A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses.
Read full article: https://dailynews.lk/2026/05/12/business/993177/proposal-to-establish-gem-bank-to-make-lanka-richest-country-in-world/
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[2026-05-12 05:48 UTC+10:00] [Breaking News] [Factuality: 100]
Source: Daily News
Title: SL Blue Swimming Crab cleared for export to USA
Snippet: The Fisheries, Aquatic and Ocean Resources Ministry said that obstacles to exporting Sri Lankan Blue Swimming Crab to the US market have been cleared, as Sri Lanka successfully met the stringent conditions imposed under the Marine Mammal Protection Act (MMPA).
Read full article: https://dailynews.lk/2026/05/12/breaking-news/993478/sl-blue-swimming-crab-cleared-for-export-to-usa/
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[2026-05-12 05:46 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Lankan ICT companies have strengthened their presence in the European market
Snippet: Sri Lankan ICT companies have strengthened their presence in the European market through participation in a strategic market exposure programme organized under the collaboration between the Sri Lanka Export Development Board (EDB) and the Import Promotions Desk Germany (IPD).
Read full article: https://dailynews.lk/2026/05/12/business/993190/lankan-ict-companies-have-strengthened-their-presence-in-the-european-market/
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[2026-05-12 05:45 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: ASPI declines by 52 points
Snippet: Renewed tensions in the Middle East weighed negatively on the Colombo Bourse alongside rising global oil prices.
Read full article: https://dailynews.lk/2026/05/12/business/993196/aspi-declines-by-52-points/
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[2026-05-12 05:39 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Sri Lanka needs Viet Nam’s mindset, not just its investments - DailyNews
Snippet: Breaking the pattern of diplomatic niceties, the recent visit of the President of Vietnam, Tô Lâm, to Sri Lanka was an opportunity to increase Sri Lanka’s international focus to greater regional partnerships (beyond the ones traditionally known to the country) as Tô Lâm’s visit occurs at time when country is on the lookout for routes to sustainable economic recovery).
Read full article: https://dailynews.lk/2026/05/12/general-opinion/993303/sri-lanka-needs-viet-nams-mindset-not-just-its-investments/
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[2026-05-12 05:39 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Sri Lanka's competitive edge - DailyNews
Snippet: Agriculture Export CompetitivenessSource: Author calculations based on International Trade Center (ITC) data & WITS data
Read full article: https://dailynews.lk/2026/05/12/features/993338/sri-lankas-competitive-edge/
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[2026-05-12 05:36 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Govt borrowing: Bangladesh risks falling into debt trap - DailyNews
Snippet: Bangladesh’s economy has reached a critical juncture where mounting public debt, chronic revenue shortfalls, and surging interest payments are creating unprecedented pressure.
Read full article: https://dailynews.lk/2026/05/12/world/993149/govt-borrowing-bangladesh-risks-falling-into-debt-trap/
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