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    Topic: Business & Economy — Neutral reports only

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    [2026-05-09 02:56 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: German sports car maker Porsche to cut 500 jobs
    Snippet: FRANKFURT, Germany — Porsche said Friday it will close three subsidiaries, including an EV battery developer, with the loss of more than 500 jobs, in the latest sign of strains for the German luxury auto manufacturer.
    Read full article: https://www.manilatimes.net/2026/05/09/business/german-sports-car-maker-porsche-to-cut-500-jobs/2339736
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    [2026-05-09 02:54 UTC+10:00] [EU-US trade talks] [Factuality: 100]
    Source: Politico
    Title: Rubio backs NATO in Rome as US-Italy tensions simmer
    Snippet: ROME — U.S. Secretary of State Marco Rubio declared himself "a strong supporter of NATO" after talks with Italian Prime Minister Giorgia Meloni on Friday, as political friction between the two allies brews.
    Read full article: https://www.politico.eu/article/marco-rubio-backs-nato-us-italy-tensions-simmer/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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    [2026-05-09 02:52 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Costco plots major California expansion as it announces new store openings
    Snippet: Costco is planning an expansion of its stores in California with two new stores set to open soon.
    Read full article: https://nypost.com/2026/05/08/business/costco-to-open-new-california-stores-in-major-expansion/
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    [2026-05-09 02:50 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: NTT punts profit target by 3 years as Japan mobile unit Docomo struggles
    Snippet: NTT's mobile unit has faced customer attrition due to poor connectivity in urban areas. (Photo by Satoko Kawasaki)
    Read full article: https://asia.nikkei.com/business/telecommunication/ntt-punts-profit-target-by-3-years-as-japan-mobile-unit-docomo-struggles
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    [2026-05-09 02:50 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal
    Snippet: Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company.
    Read full article: https://www.zerohedge.com/technology/onlyfans-lures-outside-capital-architect-capital-and-billionaire-tag-team-deal
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    [2026-05-09 02:45 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Suck now, plump later: People are ‘fat banking’ for future plastic surgery — but it’s risky
    Snippet: Cosmetic surgeons are increasingly fielding requests for “fat banking,” with patients planning for the future with a literal pound of flesh.
    Read full article: https://nypost.com/2026/05/08/health/fat-banking-for-plastic-surgery-what-to-know-about-the-risky-procedure/
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    [2026-05-09 02:36 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Popular higher ed system ‘Canvas’ hacked, putting millions of students’ personal data at risk
    Snippet: A massive cyberattack that crippled the Canvas online learning platform as finals were getting underway at many universities could leave them scrambling for as long as a month — and expose the education software giant to major legal and financial fallout, cybersecurity experts told The Post.
    Read full article: https://nypost.com/2026/05/08/business/popular-higher-ed-system-canvas-hacked-putting-millions-of-students-personal-data-at-risk/
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    [2026-05-09 02:31 UTC+10:00] [General] [Factuality: 95]
    Source: RT News
    Title: IMF warns of systemic threat from AI
    Snippet: Artificial intelligence could make cyberattacks a systemic threat to global finance, the International Monetary Fund has warned, saying advanced models can help attackers exploit vulnerabilities faster than institutions can fix them.
    Read full article: https://www.rt.com/news/639668-imf-ai-global-threat/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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    [2026-05-09 02:31 UTC+10:00] [General] [Factuality: 95]
    Source: RT News
    Title: Read Full Article at RT.com
    Snippet: Artificial intelligence could make cyberattacks a systemic threat to global finance, the International Monetary Fund has warned, saying advanced models can help attackers exploit vulnerabilities faster than institutions can fix them.
    Read full article: https://www.rt.com/news/639668-imf-ai-global-threat/
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    [2026-05-09 02:17 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Below-target full-year growth now more likely
    Snippet: SLOWER-THAN-EXPECTED first-quarter growth has underlined expectations of a below-target outcome for 2026, with Fitch unit BMI revising its forecast to 4.2 percent from 4.7 percent and Bank of America (BofA) maintaining its markedly lower projection of 2.0 percent.
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/below-target-full-year-growth-now-more-likely/2339742
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    [2026-05-09 02:12 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Lucky Strike snatched up local bowling alleys, raised prices to crazy heights in illegal monopoly, lawsuit alleges
    Snippet: Lucky Strike Entertainment is facing a new lawsuit accusing it of operating an illegal monopoly of bowling centers across the country – allegedly jacking up prices, pushing alcohol and gambling and tarnishing a cherished American pastime.
    Read full article: https://nypost.com/2026/05/08/business/lucky-strike-snatched-up-local-alleys-raised-prices-to-crazy-heights-in-illegal-monopoly-lawsuit-alleges/
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    [2026-05-09 02:05 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Vietnam seeks deeper defense, trade ties with Sri Lanka
    Snippet: COLOMBO — Vietnam's President To Lam called for deeper defense and trade ties with Sri Lanka on Friday, noting the South Asian island's strategic position in the Indian Ocean.
    Read full article: https://www.manilatimes.net/2026/05/09/world/asia-oceania/vietnam-seeks-deeper-defense-trade-ties-with-sri-lanka/2339605
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Oil crisis sparks Japanese dash for corporate credit lines
    Snippet: Small and midsize Japanese manufacturers face a grim earnings outlook. (Photo by Kotaro Igarashi)
    Read full article: https://asia.nikkei.com/business/finance/oil-crisis-sparks-japanese-dash-for-corporate-credit-lines
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: Oil crisis sparks Japanese dash for corporate credit lines
    Snippet: Small and midsize Japanese manufacturers face a grim earnings outlook. (Photo by Kotaro Igarashi)
    Read full article: https://asia.nikkei.com/spotlight/iran-tensions/iran-war/oil-crisis-sparks-japanese-dash-for-corporate-credit-lines2
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: SEC allows FPH to hold meet without elections
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/corporate-news/sec-allows-fph-to-hold-meet-without-elections/2339642
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: DMCI net profit eases to P4.9B in 1st quarter
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/corporate-news/dmci-net-profit-eases-to-p49b-in-1st-quarter/2339643
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: AI is our servant, not our master
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/ai-is-our-servant-not-our-master/2339658
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: PSALM: ​3 firms to bid for Ilocos hydro plant
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/psalm-3-firms-to-bid-for-ilocos-hydro-plant/2339644
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Foreign reserves hit 15-month low in April
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/foreign-reserves-hit-15-month-low-in-april/2339663
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: ​PH, Vietnam reach deal for 1.5 million MT of rice
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/ph-vietnam-reach-deal-for-15-million-mt-of-rice/2339662
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: A timely GSIS program
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/a-timely-gsis-program/2339661
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: ​PH, Indonesia sign nickel production partnership
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/ph-indonesia-sign-nickel-production-partnership/2339659
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: PEZA: Jan-April investment approvals up 72% to P109B
    Snippet: ERROR 404 page not found Click here to go to the home page
    Read full article: https://www.manilatimes.net/2026/05/09/business/top-business/peza-jan-april-investment-approvals-up-72-to-p109b/2339665
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Disasters keep doubling
    Snippet: FIRST, we got hit by a double whammy of Covid-19 and Pharmally. Second, we reel from the spillover ravages of the Iran war after waking up to find flood control grafters had robbed us of our taxes. Both pairs of calamities sank the economy to new lows that left everyone worse off, especially the poor.
    Read full article: https://www.manilatimes.net/2026/05/09/opinion/columns/disasters-keep-doubling/2339495
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    [2026-05-09 02:02 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: Diesel prices down, gasoline up next week
    Snippet: DIESEL prices will go down, while gasoline prices could rise next week, mostly due to the global market reacting to a possible ceasefire between the US and Iran, local oil industry sources said on Friday.
    Read full article: https://www.manilatimes.net/2026/05/09/news/national/diesel-prices-down-gasoline-up-next-week/2339699
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    [2026-05-09 01:25 UTC+10:00] [General] [Factuality: 90]
    Source: The Manila Times
    Title: Palace hits back at VP Sara over 'attention seeker' remarks
    Snippet: MANILA, Philippines — Malacañang on Friday hit back at Vice President Sara Duterte after she criticized the President Ferdinand Marcos Jr.'s handling of unemployment and the economy.
    Read full article: https://www.manilatimes.net/2026/05/08/news/palace-hits-back-at-vp-sara-over-attention-seeker-remarks/2339677
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    [2026-05-09 01:11 UTC+10:00] [General] [Factuality: 100]
    Source: Nikkei Asia
    Title: China solar panel maker Jinko to sell majority stake in US unit for $191m
    Snippet: Chinese solar and battery companies poured billions of dollars into setting up American factories to claim Biden-era tax credits. © Reuters
    Read full article: https://asia.nikkei.com/business/energy/china-solar-panel-maker-jinko-to-sell-majority-stake-in-us-unit-for-191m
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    [2026-05-09 01:05 UTC+10:00] [General] [Factuality: 95]
    Source: New York Post
    Title: Beloved Hollywood restaurant 25 Degrees serves up searing take on city government in decision to close
    Snippet: A beloved burger joint inside Hollywood’s famed Roosevelt Hotel went off on the city in announcing its decision to close after more than two decades.
    Read full article: https://nypost.com/2026/05/08/business/beloved-hollywood-restaurant-25-degrees-serves-rips-city-government-in-decision-to-close/
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    [2026-05-09 01:05 UTC+10:00] [General] [Factuality: 100]
    Source: AP News
    Title: Top 20 Global Concert Tours from Pollstar
    Snippet: The Top 20 Global Concert Tours ranks artists by average box office gross per city and includes the average ticket price for shows Worldwide. The list is based on data provided to the trade publication Pollstar by concert promoters and venue managers.
    Read full article: https://apnews.com/article/top-20-global-concert-tours-from-pollstar-2ca4ec97b4a379c39b8a6b7f0a70bf49
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    [2026-05-09 01:01 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects
    Snippet: Global investors pile into city’s latest bond sale, with orders 8.6 times oversubscribed, backing its green finance ambitions
    Read full article: https://www.scmp.com/business/banking-finance/article/3352956/hong-kong-secures-us35-billion-fund-northern-metropolis-and-green-projects?utm_source=rss_feed
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    [2026-05-09 01:01 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects
    Snippet: Global investors pile into city’s latest bond sale, with orders 8.6 times oversubscribed, backing its green finance ambitions
    Read full article: https://www.scmp.com/business/banking-finance/article/3352956/hong-kong-secures-us35-billion-fund-northern-metropolis-and-green-projects
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    [2026-05-09 01:00 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Polymarket promo code NYPMAX: Deposit $20, get $20 for Knicks vs. 76ers on Friday
    Snippet: The Knicks and 76ers continue their best-of-7 series on Friday, and Polymarket has an exclusive sign-up offer for readers of The Post when they create an account on the fast-growing prediction market using the Polymarket promo code NYPMAX.
    Read full article: https://nypost.com/2026/05/08/betting/polymarket-promo-code-nypmax-deposit-20-get-20-for-knicks-vs-76ers-on-friday/
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    [2026-05-09 00:49 UTC+10:00] [General] [Factuality: 90]
    Source: The Jerusalem Post
    Title: Inside Inspiraction, the Jerusalem incubator helping young Israelis turn ideas into start-ups
    Snippet: Redding, California, native and Hebrew University master’s student Elyssa King is 24, and she has a big idea. Actually, her idea is more than an idea– it’s a way to harness everyone’s big ideas with a business called Seed. She went to Inspiraction’s Builders event in March to take her idea to the next level.
    Read full article: https://www.jpost.com/business-and-innovation/all-news/article-895301
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    [2026-05-09 00:35 UTC+10:00] [Trade] [Factuality: 100]
    Source: Asia Times
    Title: No promised US manufacturing boom as Trump tariffs ruled illegal
    Snippet: Keep independent journalism alive
    Read full article: https://asiatimes.com/2026/05/no-promised-us-manufacturing-boom-as-trump-tariffs-ruled-illegal/
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    [2026-05-09 00:12 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: US adds 115,000 jobs in April, but experts warn of hidden weakness in economy
    Snippet: The gains mainly came in the healthcare, transport and warehousing and retail trade sectors
    Read full article: https://www.scmp.com/news/world/united-states-canada/article/3352952/us-adds-115000-jobs-april-experts-warn-hidden-weakness-economy?utm_source=rss_feed
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    [2026-05-09 00:12 UTC+10:00] [April] [Factuality: 100]
    Source: South China Morning Post
    Title: US adds 115,000 jobs in April, but experts warn of hidden weakness in economy
    Snippet: The gains mainly came in the healthcare, transport and warehousing and retail trade sectors
    Read full article: https://www.scmp.com/news/world/united-states-canada/article/3352952/us-adds-115000-jobs-april-experts-warn-hidden-weakness-economy
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    [2026-05-09 00:10 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
    Snippet: With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today.
    Read full article: https://www.zerohedge.com/markets/american-consumers-have-never-been-less-confident-despite-inflation-fears-easing-umich
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    [2026-05-08 23:46 UTC+10:00] [General] [Factuality: 100]
    Source: New York Post
    Title: Andrew Giuliani defends $1,000-plus World Cup ticket prices after Trump says ‘I wouldn’t pay it’
    Snippet: Andrew Giuliani defended soaring World Cup ticket prices as proof of surging demand for the tournament after President Trump told The Post that he wouldn’t shell out more than $1,000 to watch Team USA’s opening match next month.
    Read full article: https://nypost.com/2026/05/08/business/andrew-giuliani-defends-1000-plus-world-cup-ticket-prices-after-trump-says-i-wouldnt-pay-it/
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    [2026-05-08 23:40 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production
    Snippet: Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers
    Read full article: https://www.scmp.com/business/china-business/article/3352948/chinese-ev-maker-leapmotor-taps-stellantis-spanish-plant-eu-production?utm_source=rss_feed
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    [2026-05-08 23:40 UTC+10:00] [Leapmotor] [Factuality: 100]
    Source: South China Morning Post
    Title: Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production
    Snippet: Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers
    Read full article: https://www.scmp.com/business/china-business/article/3352948/chinese-ev-maker-leapmotor-taps-stellantis-spanish-plant-eu-production
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    [2026-05-08 23:30 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on
    Snippet: Chinese shipping giants are signing long contracts and rejigging their networks, as they hedge against prolonged disruptions to global trade routes
    Read full article: https://www.scmp.com/economy/china-economy/article/3352902/chinas-shipping-firms-brace-new-era-chaos-iran-war-drags?utm_source=rss_feed
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    [2026-05-08 23:30 UTC+10:00] [Cosco Shipping] [Factuality: 100]
    Source: South China Morning Post
    Title: China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on
    Snippet: Chinese shipping giants are signing long contracts and rejigging their networks, as they hedge against prolonged disruptions to global trade routes
    Read full article: https://www.scmp.com/economy/china-economy/article/3352902/chinas-shipping-firms-brace-new-era-chaos-iran-war-drags
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    [2026-05-08 23:25 UTC+10:00] [General] [Factuality: 100]
    Source: Zero Hedge
    Title: US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
    Snippet: In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, moments ago the BLS reported that in April the
    Read full article: https://www.zerohedge.com/markets/us-jobs-jump-115k-smashing-estimates-umemployment-rate-unchanged-43
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    [2026-05-08 23:06 UTC+10:00] [General] [Factuality: 100]
    Source: South China Morning Post
    Title: DeepSeek to soon close first external fundraising in US$50b valuation: sources
    Snippet: Backers include AI-focused affiliates under third phase of China Integrated Circuit Industry Investment Fund, sources say
    Read full article: https://www.scmp.com/tech/tech-trends/article/3352945/deepseek-soon-close-first-external-fundraising-us50b-valuation-sources?utm_source=rss_feed
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    [2026-05-08 23:06 UTC+10:00] [DeepSeek] [Factuality: 100]
    Source: South China Morning Post
    Title: DeepSeek to soon close first external fundraising in US$50b valuation: sources
    Snippet: Backers include AI-focused affiliates under third phase of China Integrated Circuit Industry Investment Fund, sources say
    Read full article: https://www.scmp.com/tech/tech-trends/article/3352945/deepseek-soon-close-first-external-fundraising-us50b-valuation-sources
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    [2026-05-08 23:01 UTC+10:00] [General] [Factuality: 100]
    Source: The National (UAE)
    Title: Loan deferrals and relief for more than 65,000 UAE bank customers affected by Iran war | The National
    Snippet: More than 65,000 business and individual customers across the UAE have availed loan deferrals, interest relief and fee waivers worth Dh6.2 billion ($1.69 billion) to offset the economic impact of the Iran war.
    Read full article: https://www.thenationalnews.com/business/banking/2026/05/08/loan-deferrals-and-relief-for-more-than-65000-uae-bank-customers-affected-by-iran-war/
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    [2026-05-08 23:00 UTC+10:00] [General] [Factuality: 100]
    Source: Middle East Eye
    Title: War gains, long-term pain: Wall Street's core business at risk due to Iran war
    Snippet: Wall Street may be profiting from the US and Israeli war on Iran, but short-term gains due to rising oil prices and market volatility are causing a slowdown in dealmaking – threatening its core business, market analysts have told Middle East Eye.
    Read full article: https://www.middleeasteye.net/news/wall-street-core-business-dealmaking-risk-amid-iran-war
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    [2026-05-08 22:50 UTC+10:00] [General] [Factuality: 100]
    Source: The Manila Times
    Title: ABS-CBN urges public not to involve firm in Lopez family dispute
    Snippet: ABS-CBN on Thursday appealed to the public not to drag the company into an ongoing dispute involving members of the Lopez family, following reports of an alleged complaint filed before the Securities and Exchange Commission (SEC) by lawyers of board director Federico “Piki” Lopez.
    Read full article: https://www.manilatimes.net/2026/05/08/business/abs-cbn-urges-public-not-to-involve-firm-in-lopez-family-dispute/2339500
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    [2026-05-08 22:48 UTC+10:00] [General] [Factuality: 100]
    Source: ABC News
    Title: Migration, crypto and red tape to feature in budget bid for economic growth
    Snippet: Topic:Federal Government
    Read full article: https://www.abc.net.au/news/2026-05-08/migration-overhauled-and-red-tape-cut-in-budget/106660316
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    [2026-05-08 22:44 UTC+10:00] [General] [Factuality: 92]
    Source: New York Post
    Title: Cardinals are favorites to win the tank-off for Arch Manning in 2027
    Snippet: The Arizona Cardinals had a pretty miserable season in 2025, but things are looking up, right? Not according to the sports betting market.
    Read full article: https://nypost.com/2026/05/08/betting/cardinals-are-favorites-to-win-the-tank-off-for-arch-manning-in-2027/
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