Topic: Business & Economy — Neutral reports only

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[2026-05-08 18:40 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: UAE sends Trump's Board of Peace '$100m' for training of new Gaza police force
Snippet: The United Arab Emirates has disbursed $100m to the US-backed "Board of Peace" to finance the training of a Palestinian police unit destined for the Gaza Strip, The Times of Israel reported, citing diplomatic sources.
Read full article: https://www.middleeasteye.net/news/report-uae-sends-trumps-board-peace-100-million-training-new-gaza-police-force
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[2026-05-08 18:38 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Baidu's spun off chip unit plans dual listing in Shanghai and Hong Kong
Snippet: A man passes a Baidu logo at an open-source AI event in Beijing on Mar. 17. The search engine operator's chip unit, Kunlunxin, is planning a public listing in Hong Kong and Shanghai. © Reuters
Read full article: https://asia.nikkei.com/business/china-tech/baidu-s-spun-off-chip-unit-plans-dual-listing-in-shanghai-and-hong-kong
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[2026-05-08 18:32 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: AI electricity gap fuels Weichai Power, GE Vernova shares as generator demand surges
Snippet: AI’s explosive growth is triggering a global power crisis, as data centres deploy backup generators amid soaring electricity demand
Read full article: https://www.scmp.com/business/china-business/article/3352880/ai-electricity-gap-fuels-weichai-power-ge-vernova-shares-generator-demand-surges?utm_source=rss_feed
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[2026-05-08 18:32 UTC+10:00] [AI] [Factuality: 100]
Source: South China Morning Post
Title: AI electricity gap fuels Weichai Power, GE Vernova shares as generator demand surges
Snippet: AI’s explosive growth is triggering a global power crisis, as data centres deploy backup generators amid soaring electricity demand
Read full article: https://www.scmp.com/business/china-business/article/3352880/ai-electricity-gap-fuels-weichai-power-ge-vernova-shares-generator-demand-surges
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[2026-05-08 18:32 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Toyota sees 20 percent drop in annual profit as Iran war weighs
Snippet: Toyota forecast a 20 percent decline in profit for the current financial year on Friday, as cost and supply uncertainties stemming from the Iran war weigh on earnings even as robust demand for its hybrid models powers sales growth.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/toyota-sees-20-percent-drop-annual-profit-iran-war-weighs
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[2026-05-08 18:31 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump invites Boeing, Mastercard CEOs to join China trip next week: sources
Snippet: Donald Trump Jr. and Eric Trump will also join the high-stakes summit in Beijing, sources say
Read full article: https://www.scmp.com/economy/global-economy/article/3352883/trump-invites-boeing-mastercard-ceos-join-china-trip-next-week-sources?utm_source=rss_feed
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[2026-05-08 18:31 UTC+10:00] [Honeywell] [Factuality: 100]
Source: South China Morning Post
Title: Trump invites Boeing, Mastercard CEOs to join China trip next week: sources
Snippet: Donald Trump Jr. and Eric Trump will also join the high-stakes summit in Beijing, sources say
Read full article: https://www.scmp.com/economy/global-economy/article/3352883/trump-invites-boeing-mastercard-ceos-join-china-trip-next-week-sources
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[2026-05-08 18:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Prepare for ‘China shock 3.0’ to the global food economy
Snippet: Imagine China applying the same industry policy playbook for electric cars, solar panels and AI to agriculture and food self-sufficiency
Read full article: https://www.scmp.com/opinion/china-opinion/article/3352799/prepare-china-shock-30-global-food-economy?utm_source=rss_feed
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[2026-05-08 18:30 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Prepare for ‘China shock 3.0’ to the global food economy
Snippet: Imagine China applying the same industry policy playbook for electric cars, solar panels and AI to agriculture and food self-sufficiency
Read full article: https://www.scmp.com/opinion/china-opinion/article/3352799/prepare-china-shock-30-global-food-economy
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[2026-05-08 18:15 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Warren Buffett’s big bets set to haunt the $1.4 trillion giant he built
Snippet: You have reached your maximum number of saved items.
Read full article: https://www.theage.com.au/business/companies/warren-buffett-s-big-bets-set-to-haunt-the-1-4-trillion-giant-he-built-20260507-p5zuib.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-08 18:15 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge
Snippet: In a rare outbreak of sanity from the continent that perfected kicking the can, officials on NATO’s eastern front are openly admitting what Brussels and Frankfurt have spent years denying: you can’t fund a permanent war footing with infinite borrowing and hope the bond market never notices.
Read full article: https://www.zerohedge.com/markets/baltic-states-warn-unfunded-debt-surge-europes-defense-splurge
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[2026-05-08 18:03 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Title: Oil climbs and stocks drop as Strait of Hormuz escalation threatens US-Iran truce | The National
Snippet: Live updates: Follow the latest news on US-Iran war
Read full article: https://www.thenationalnews.com/business/energy/2026/05/08/oil-prices/
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[2026-05-08 17:56 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Fury in France as national toy revealed to be secretly made in China
Snippet: The maker of Sophie la Girafe reportedly ran a ‘fake’ factory in France for years, while secretly producing the iconic toy in China
Read full article: https://www.scmp.com/economy/global-economy/article/3352872/fury-france-national-toy-revealed-be-secretly-made-china?utm_source=rss_feed
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[2026-05-08 17:56 UTC+10:00] [France] [Factuality: 100]
Source: South China Morning Post
Title: Fury in France as national toy revealed to be secretly made in China
Snippet: The maker of Sophie la Girafe reportedly ran a ‘fake’ factory in France for years, while secretly producing the iconic toy in China
Read full article: https://www.scmp.com/economy/global-economy/article/3352872/fury-france-national-toy-revealed-be-secretly-made-china
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[2026-05-08 17:44 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Russia, Ukraine trade fire, blame despite Victory Day ceasefire
Snippet: Russia and Ukraine have accused each other of breaching a short ceasefire announced by Moscow to coincide with Victory Day commemorations marking the Soviet Union’s defeat of Nazi Germany.
Read full article: https://www.aljazeera.com/news/2026/5/8/russia-ukraine-trade-fire-despite-victory-day-ceasefire
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[2026-05-08 17:39 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
Snippet: Indian cricket is increasingly becoming hot property for investors looking to cash in on the booming business of the wildly popular sport in the subcontinent.
Read full article: https://www.cnbc.com/2026/05/08/sports-ipl-rcb-rajasthan-royals-cricket-investing.html
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[2026-05-08 17:36 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Manus on Markets: A rollercoaster of a ceasefire | The National
Snippet: From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Read full article: https://www.thenationalnews.com/business/markets/2026/05/08/manus-on-markets-a-rollercoaster-of-a-ceasefire/
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[2026-05-08 17:32 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
Snippet: President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs to "much higher" levels if the 27-nation bloc fails to do so.
Read full article: https://www.cnbc.com/2026/05/08/trump-tariffs-trade-eu-europe-deal.html
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[2026-05-08 17:08 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: WA treasurer disappointed as editor’s jokes fall flat
Snippet: West Australian Treasurer Rita Saffioti has declared her disappointment after the editor-in-chief of The West Australian made a series of clumsy jokes about her during a post-budget breakfast on Friday morning.
Read full article: https://www.theage.com.au/business/companies/wa-treasurer-disappointed-as-editor-s-jokes-fall-flat-20260508-p5zv3a.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-08 16:51 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Mindanao strengthens air links with Indonesia for enhanced trade
Snippet: LAPU-LAPU CITY — Mindanao moves to expand direct air links with Indonesia while government agencies strengthen efforts to prepare local enterprises for regional trade under the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA).
Read full article: https://www.manilatimes.net/2026/05/08/regions/mindanao-strengthens-air-links-with-indonesia-for-enhanced-trade/2339269
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[2026-05-08 16:34 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Tesla China posts 36% sales rise, as local rivals’ new models nip at heels
Snippet: April sales rose on a year-on-year basis but dropped from the previous month, indicating fiercer competition from domestic brands
Read full article: https://www.scmp.com/business/china-business/article/3352856/tesla-china-posts-36-sales-rise-local-rivals-new-models-nip-heels?utm_source=rss_feed
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[2026-05-08 16:34 UTC+10:00] [Tesla Shanghai Gigafactory] [Factuality: 100]
Source: South China Morning Post
Title: Tesla China posts 36% sales rise, as local rivals’ new models nip at heels
Snippet: April sales rose on a year-on-year basis but dropped from the previous month, indicating fiercer competition from domestic brands
Read full article: https://www.scmp.com/business/china-business/article/3352856/tesla-china-posts-36-sales-rise-local-rivals-new-models-nip-heels
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[2026-05-08 16:30 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: ASX Runners of the Week: Key Petroleum, Kaoko, Swift TV & Caprice
Snippet: Is there a light at the end of the tunnel for oil and Australia? Computer says no, or at least the ASX did this week. The exchange remains wary and wandering, despite our usual bellwether US brethren charging ahead to even higher all-time highs.
Read full article: https://www.theage.com.au/business/companies/asx-runners-of-the-week-key-petroleum-kaoko-swift-tv-and-caprice-20260508-p5zv5w.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-08 16:29 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: European stocks poised to open lower with Trump's EU tariff threats, UK election in focus
Snippet: European equity markets are expected to open broadly lower on Friday, after U.S. President Donald Trump threatened "much higher" tariffs against the EU.
Read full article: https://www.cnbc.com/2026/05/08/trump-eu-tariffs-uk-election-starmer-reform-uk-labour-stock-market.html
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[2026-05-08 16:12 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Kumanjayi Little Baby's father won't be released from prison for sorry business
Snippet: The court ordered Raphael Granites remain in custody while cultural grieving for his daughter takes place. (ABC News: Xavier Martin)
Read full article: https://www.abc.net.au/news/2026-05-08/nt-father-of-kumanjayi-little-baby-to-remain-in-jail-dv-charges/106659014
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[2026-05-08 16:11 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Top convenience chains boost profit on leaner tactics
Snippet: South Korea's two largest convenience store chains notched record quarterly revenue in the first quarter, prioritizing profitability over expansion amid high inflation.
Read full article: https://www.koreaherald.com/article/10733928
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[2026-05-08 16:05 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Chinese EV makers’ aggressive Korea push challenges Hyundai, Kia
Snippet: Chinese electric vehicle makers are rapidly expanding into Korea, with premium EV brand Zeekr emerging as a new challenger to Hyundai Motor’s Ioniq lineup in the premium mainstream segment, while BYD intensifies price competition against mass-market models from Kia.
Read full article: https://www.koreaherald.com/article/10733922
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[2026-05-08 15:52 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: 10-member alleged stock rigging group included celebrities, financial experts
Snippet: South Korean prosecutors on Friday said they have indicted nine individuals for allegations of stock price rigging, the list of which included a former soccer player, the husband of a TV celebrity and a high-ranking official of a securities firm.
Read full article: https://www.koreaherald.com/article/10733907
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[2026-05-08 15:39 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Budget minister emphasizes renewable energy support, signals reflection in next year's budget
Snippet: SEOUL, May 8 (Yonhap) -- Budget Minister Park Hong-keun on Friday emphasized greater budgetary support for local renewable energy companies to help them strengthen their global competitiveness.
Read full article: https://en.yna.co.kr/view/AEN20260508006700320
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[2026-05-08 15:38 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: ‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Snippet: Move over TACO trade. Traders now have a new acronym for a market increasingly skeptical that the Strait of Hormuz crisis will end anytime soon: NACHO.
Read full article: https://www.cnbc.com/2026/05/08/traders-nacho-trade-strait-hormuz-oil-markets-taco-trump-iran.html
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[2026-05-08 15:24 UTC+10:00] [General] [Factuality: 92]
Source: AfricaNews
Title: Fuel price hike sparks concern across Benin
Snippet: Long lines are forming at fuel stations across Benin as motorists grapple with the impact of rising global oil prices and new government fuel rates introduced at the start of May. The Beninese government says the increase is necessary to stabilize national fuel supplies amid international market pressures linked to ongoing global conflicts.
Read full article: http://www.africanews.com/2026/05/08/fuel-price-hike-sparks-concern-across-benin/
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[2026-05-08 15:24 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Taking stock of Pope Leo XIV's first year in the papacy
Snippet: Pope Leo XIV meets with representatives of the world of culture at the Leon XIV Campus of the National University in Malabo, Equatorial Guinea, Tuesday, April 21, 2026, on the ninth day of his 11-day pastoral visit to Africa. (AP Photo/Andrew Medichini, File)
Read full article: https://apnews.com/article/pope-vatican-leo-trump-francis-285fcbdac257f2ba2997ea97e22662a0
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[2026-05-08 15:19 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Free Long Island soccer academy ‘removing all socioeconomic barriers’ to develop next generation
Snippet: Launching a free youth soccer academy on Long Island was an easy pitch to Bolla Market CEO Harry Singh.
Read full article: https://nypost.com/2026/05/08/sports/free-long-island-soccer-academy-removing-all-socioeconomic-barriers/
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[2026-05-08 15:15 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Toyota forecasts decrease in net profit for FY26 amid Middle East tensions
Snippet: Toyota marked record-high global sales for the fiscal year ended March 2026 even with U.S. tariffs on imported cars. (Photo by Ken Kobayashi)
Read full article: https://asia.nikkei.com/business/automobiles/toyota-forecasts-decrease-in-net-profit-for-fy26-amid-middle-east-tensions
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[2026-05-08 15:14 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Sudan's farmers face financial loss as Middle East conflict raises costs
Snippet: Farmers already stressed by the war at home between Sudan’s military and the paramilitary Rapid Support Forces are now watching costs rise due to war in the Middle East. (AP video shot by: Fay Abuelgasim)
Read full article: https://apnews.com/article/sudan-agriculture-war-iran-food-fertilizer-fb8e50ee7b770c5255a02e1545d6b3d2
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[2026-05-08 15:03 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Southeast Asian banks check Iran war strain on corporate lending
Snippet: Singaporean banks are actively scrutinizing their loan books amid the Middle East uncertainty. © Reuters
Read full article: https://asia.nikkei.com/business/finance/southeast-asian-banks-check-iran-war-strain-on-corporate-lending
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[2026-05-08 15:00 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: From oil giants to banks - these companies are making billions from Iran war
Snippet: As households across the globe count the costs of the US-Israel war in Iran, some companies have been counting bumper profits instead.
Read full article: https://www.bbc.com/news/articles/ce8pyyz5e0ro?at_medium=RSS&at_campaign=rss
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[2026-05-08 14:56 UTC+10:00] [Advocacies] [Factuality: 100]
Source: Rappler
Title: From thriving market to a dusty road: Displaced Dumaguete vendors call for better relocation plans
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/moveph/displaced-dumaguete-vendors-seek-better-relocation-plans/
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[2026-05-08 14:43 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Samsung recruitment drive eyes robotics expansion
Snippet: Samsung Electronics is expanding staffing for its robotics control tower as the South Korean tech giant seeks to expand its robot business, industry sources said Friday.
Read full article: https://www.koreaherald.com/article/10733846
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[2026-05-08 14:36 UTC+10:00] [All News] [Factuality: 90]
Source: The Korea Herald
Title: MBK counters China influence concerns after hiring additional US lobbyist
Snippet: MBK Partners, the South Korean private equity firm engaged in a prolonged control battle over Korea Zinc, has pushed back against concerns over potential Chinese influence following its decision to hire an additional US lobbyist to handle matters related to the US watchdog for foreign investment.
Read full article: https://www.koreaherald.com/article/10733840
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[2026-05-08 14:26 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Sony forecasts double digit profit growth despite chip supply concerns
Snippet: The scrapped Afeela project was aimed at boosting the consumption of Sony content and use of its technology. (Photo by Keiichi Furukawa)
Read full article: https://asia.nikkei.com/business/companies/sony-forecasts-double-digit-profit-growth-despite-chip-supply-concerns
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[2026-05-08 14:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China's Huayou to buy Africa-focused Australian miner in lithium rush
Snippet: China's Zhejiang Huayou Cobalt previously acquired this lithium mine in Zimbabwe. Now it is moving to secure interests in Ghana and Ivory Coast. © Getty Images
Read full article: https://asia.nikkei.com/business/materials/china-s-huayou-to-buy-africa-focused-australian-miner-in-lithium-rush
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[2026-05-08 14:13 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Marcos pushes Asean maritime cooperation amid global tensions
Snippet: LAPU-LAPU CITY, Cebu – President Ferdinand R. Marcos Jr. on Friday called for stronger maritime cooperation among Southeast Asian nations amid rising geopolitical tensions and increasing disruptions to global trade routes.
Read full article: https://www.manilatimes.net/2026/05/08/news/marcos-pushes-asean-maritime-cooperation-amid-global-tensions/2339218
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[2026-05-08 14:12 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Daewoong Pharmaceutical, TionLab Therapeutics join hands to develop monthly obesity injectable
Snippet: Daewoong Pharmaceutical said Friday it signed a strategic partnership agreement with TionLab Therapeutics to jointly develop and commercialize long-acting monthly semaglutide injectable to the global market.
Read full article: https://www.koreaherald.com/article/10733813
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[2026-05-08 14:05 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: [In This Economy] In 2026, PH is ASEAN chair and economic laggard
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/voices/thought-leaders/in-this-economy-philippines-gross-domestic-product-q1-2026-asean-laggard/
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[2026-05-08 14:01 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: April jobs report: 65,000 jobs added amid rising crude oil prices
Snippet: WASHINGTON (AP) — The Iran war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline prices surging past $4.50 a gallon this week.
Read full article: https://apnews.com/article/jobs-economy-unemployment-trump-iran-war-2cf46bfbf7748403ea0245100af45504
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[2026-05-08 13:57 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Amplia targets ovarian cancer in new clinical protein inhibitor trial
Snippet: Amplia Therapeutics is aggressively broadening its clinical reach, unveiling a major new collaboration to throw its lead drug candidate, narmafotinib, into the ring against ovarian cancer.
Read full article: https://www.theage.com.au/business/companies/amplia-targets-ovarian-cancer-in-new-clinical-protein-inhibitor-trial-20260508-p5zv36.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-08 13:55 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: Asean ministers call for unity amid global economic pressures
Snippet: LAPU-LAPU CITY — Asean ministers called for stronger unity, clearer priorities, and decisive action as they prepared a coordinated agenda for the 48th Asean Summit in Cebu on Friday, May 8, amid growing global economic and geopolitical pressures.
Read full article: https://www.manilatimes.net/2026/05/08/regions/asean-ministers-call-for-unity-amid-global-economic-pressures/2339215
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[2026-05-08 13:31 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming
Snippet: After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump's latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs last year, a higher court might soon stay this ruling and leave the tariffs in place pending a longer review.
Read full article: https://www.zerohedge.com/economics/court-strikes-down-trumps-replacement-tariffs-minor-temporary-setback-sec-301-tariffs
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[2026-05-08 13:28 UTC+10:00] [Australia news] [Factuality: 100]
Source: Guardian Australia
Title: Julie Bishop resigns as Australian National University chancellor
Snippet: Former foreign minister steps down early as finance minister Katy Gallagher says embattled institution must continue ‘rebuilding trust and confidence’
Read full article: https://www.theguardian.com/australia-news/2026/may/08/julie-bishop-resigns-anu-chancellor
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