Topic: Business & Economy — Neutral reports only

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[2026-05-08 04:56 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Entrepreneurs warn against reducing CGT discount on shares
Snippet: Some think Jim Chalmers will announce a return to the pre-1999 inflation indexation model for capital gains for all asset classes. (ABC News: Adam Kennedy)
Read full article: https://www.abc.net.au/news/2026-05-08/tech-entrepreneurs-warn-against-lower-cgt-discount-for-startups/106653438
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[2026-05-08 04:51 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Tech is turning increasingly to religion in a quest to create ethical AI
Snippet: LOS ANGELES — As concerns mount over artificial intelligence and its rapid integration into society, tech companies are increasingly turning to faith leaders for guidance on how to shape the technology — a surprising about-face on Silicon Valley’s longstanding skepticism of organized religion.
Read full article: https://www.manilatimes.net/2026/05/08/business/sunday-business-it/tech-is-turning-increasingly-to-religion-in-a-quest-to-create-ethical-ai/2338841
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[2026-05-08 04:50 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: US companies post strongest earnings in decades — but signs of weakness emerge
Snippet: Corporate America is celebrating one of its strongest earnings seasons of the century — but analysts warned of possible storm clouds ahead as energy prices surge and consumer sentiment tanks because of the Iran war.
Read full article: https://nypost.com/2026/05/07/business/us-companies-post-strongest-earnings-in-decades-but-signs-of-weakness-emerge/
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[2026-05-08 04:46 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan Inc. racks up $130bn in paper property gains, drawing investor pressure
Snippet: Unrealized gains in corporate rental properties in Japan rose 25% in five years. (Photo by Rie Ishii)
Read full article: https://asia.nikkei.com/business/markets/property/japan-inc.-racks-up-130bn-in-paper-property-gains-drawing-investor-pressure
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[2026-05-08 04:46 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Is AI replacing your financial advisor?
Snippet: Wall Street is reacting nervously to AI disruption. But advisors who understand that machines can handle labor while professionals focus on judgment may be better positioned to adapt.
Read full article: https://nypost.com/contributor-content/is-ai-replacing-your-financial-advisor/
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[2026-05-08 04:45 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Whirlpool shares drop 20% as appliance giant warns consumer sentiment at ‘recession level lows’ on Iran war
Snippet: Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” because of the Iran war, tanking demand for its big appliances.
Read full article: https://nypost.com/2026/05/07/business/whirlpool-shares-drop-20-as-appliance-giant-warns-consumer-sentiment-at-recession-level-lows-on-iran-war/
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[2026-05-08 04:37 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: While many international brands retreat, McDonald’s is supersizing its China business
Snippet: Even as numerous international consumer brands shrink their footprints in China, McDonald's is bucking the trend thanks to consumers like Yue Ma.
Read full article: https://www.cnbc.com/2026/05/07/mcd-earnings-mcdonalds-expands-in-china.html
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[2026-05-08 04:35 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Jordan tourism hit by war as visitor numbers plunge
Snippet: Tourism, which accounts for around 14 percent of Jordan’s economy, is facing a sharp downturn as the war disrupts travel across the region.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/jordan-tourism-hit-war-visitor-numbers-plunge
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[2026-05-08 04:33 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Brazil’s Lula meets Trump amid efforts to avert new US trade tariffs
Snippet: Brazilian President Luiz Inacio Lula da Silva has met US President Donald Trump at the White House, for talks that were expected to focus on trade, security, and critical minerals as Lula seeks to reset their rocky relationship.
Read full article: https://www.aljazeera.com/news/2026/5/7/brazils-lula-meets-trump-amid-efforts-to-avert-new-us-trade-tariffs
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[2026-05-08 04:27 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Options traders love this under-the-radar AI play
Snippet: For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.The company had two of the top 20 biggest options trades in the market on Thursday and a total $173 million of premium traded hands, with 73% of that in calls.By comparison, less than a million dollars of options traded in total between data-center real-estate stocks Equinix and Digital Realty Trust, whose combined market cap is almost ten times Iren's.
Read full article: https://www.cnbc.com/2026/05/07/options-traders-love-this-under-the-radar-ai-play.html
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[2026-05-08 04:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US targets Cuba nickel operation in move with implications for China-linked supply chains
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
Read full article: https://www.scmp.com/news/china/diplomacy/article/3352815/us-targets-cuba-nickel-operation-move-implications-china-linked-supply-chains?utm_source=rss_feed
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[2026-05-08 04:15 UTC+10:00] [Sherritt International] [Factuality: 100]
Source: South China Morning Post
Title: US targets Cuba nickel operation in move with implications for China-linked supply chains
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
Read full article: https://www.scmp.com/news/china/diplomacy/article/3352815/us-targets-cuba-nickel-operation-move-implications-china-linked-supply-chains
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[2026-05-08 04:13 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: Trump's 'irresponsible war' to blame for economic slowdown, German minister says
Snippet: Germany's finance minister has blamed Donald Trump's "irresponsible war in Iran" for a big drop in his country's expected tax revenues.
Read full article: https://www.bbc.com/news/articles/cwy2d0v3p2po?at_medium=RSS&at_campaign=rss
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan extends streak of record buybacks, led by these stocks
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/business/markets/japan-extends-streak-of-record-buybacks-led-by-these-stocks
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan extends streak of record stock buybacks, led by these blue chips
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/business/markets/japan-extends-streak-of-record-stock-buybacks-led-by-these-blue-chips
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[2026-05-08 03:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Stunning Quarter": Highest Earnings Growth In Over Two Decades
Snippet: Yesterday, Deutsche Bank's head of thematic research published his latest chartbook, "The Great 2026 Reset," which delves into the market and political implications of the Iran conflict (available here to pro subs).
Read full article: https://www.zerohedge.com/markets/stunning-quarter-highest-earnings-growth-over-two-decades
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[2026-05-08 03:53 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Tech companies increasingly seek faith leaders' guidance on artificial intelligence
Snippet: Pages from the Anthropic website and the company’s logo are displayed on a computer screen in New York on Feb. 26, 2026. (AP Photo/Patrick Sison, File)
Read full article: https://apnews.com/article/ai-artificial-intelligence-ethics-religion-roundtable-053a44133c64703f83fd50c9ee6124ea
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[2026-05-08 03:51 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: 'Shutdown': Moody's expects Dubai hotel occupancy to plummet to 10 percent
Snippet: The US-based financial analysis firm Moody's predicts that hotel occupancy in Dubai is set to plummet to 10 percent from a pre-war figure of 80 percent in the second quarter of the year, which ends on 1 July, The Wall Street Journal reported on Wednesday.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/shutdown-moodys-expects-dubai-hotel-occupancy-plummet-10-percent
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[2026-05-08 03:46 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: A signal of scale: What Ajinomoto’s Tarlac investment reveals about the next phase of industrial growth
Snippet: AJINOMOTO Philippines Corporation has broken ground on a 16-hectare manufacturing facility at TARI Estate, marking one of the largest recent food manufacturing investments in Central Luzon. Valued at approximately P9.1 billion, the facility is expected to be fully operational by April 2028.
Read full article: https://www.manilatimes.net/2026/05/08/tmt-newswire/a-signal-of-scale-what-ajinomotos-tarlac-investment-reveals-about-the-next-phase-of-industrial-growth/2338819
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[2026-05-08 03:43 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Elite corporate lawyers accused of earning millions on insider trading, using bizarre code like, ‘How’s the rabbi?’
Snippet: A ring of elite corporate lawyers were accused of illegally trading on inside info about blockbuster deals over a decade, using a bizarre code that referred to one merger as a “rabbi” and raking in tens of millions of dollars in ill-gotten profits, according to federal prosecutors.
Read full article: https://nypost.com/2026/05/07/business/elite-corporate-lawyers-accused-of-earning-millions-on-insider-trading-using-bizarre-code-like-hows-the-rabbi/
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[2026-05-08 03:36 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: McDonald's profits rise as it beefs up value offerings
Snippet: NEW YORK — McDonald's reported higher profits Thursday as the chain's value promotions and pop culture-oriented marketing efforts lifted sales in most leading markets.
Read full article: https://www.manilatimes.net/2026/05/08/business/mcdonalds-profits-rise-as-it-beefs-up-value-offerings/2338818
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[2026-05-08 03:30 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Google faces new UK lawsuit over online display ads
Snippet: LONDON — Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.
Read full article: https://www.manilatimes.net/2026/05/08/business/sunday-business-it/google-faces-new-uk-lawsuit-over-online-display-ads/2338812
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[2026-05-08 03:28 UTC+10:00] [Keir Starmer] [Factuality: 100]
Source: Guardian Australia
Title: If Labour now decides the PM is no longer up to the job, there’s just one problem: neither is anyone else | Gaby Hinsliff
Snippet: Whoever leads Britain through the next three years may have to navigate a recession, even a war. The way we choose that person needs an urgent overhaul
Read full article: https://www.theguardian.com/commentisfree/2026/may/07/labour-keir-starmer-britain-recession
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[2026-05-08 03:17 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Title: AI will be 'disruptive' but promises larger positives, US energy secretary says | The National
Snippet: US Energy Secretary Chris Wright on Thursday acknowledged that artificial intelligence will be a disruptive force, including in the jobs market, but said the revolutionary tech will ultimately bring “massively larger” positives.
Read full article: https://www.thenationalnews.com/future/technology/2026/05/07/ai-plus-scsp-chris-wright-protester/
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[2026-05-08 03:01 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: SoftBank in talks with Nvidia to build made-in-Japan AI servers
Snippet: SoftBank will enter the business of high-performance servers, capable of operating cutting-edge graphics processing units at high speeds. (SoftBank)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/softbank-in-talks-with-nvidia-to-build-made-in-japan-ai-servers
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[2026-05-08 02:50 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan plans start of round-the-clock JGB trading on blockchain
Snippet: Japan expects increased capital efficiency from a system for trading tokenized securities. (Nikkei illustration)
Read full article: https://asia.nikkei.com/business/finance/japan-plans-start-of-round-the-clock-jgb-trading-on-blockchain
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[2026-05-08 02:44 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey
Snippet: Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation expectations at the one-year horizon rose again to 3.64% in April from the previous month’s 3.42%, the highest since September 2023.
Read full article: https://www.zerohedge.com/economics/inflation-expectations-jump-3-year-high-financial-pessimism-surges-ny-fed-survey
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[2026-05-08 02:37 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Asian firms hopeful on US investment again, but cautious after 2025 tariffs
Snippet: Investment commitments worth billions of dollars were announced by Asian companies at this year's annual SelectUSA Investment Summit, held May 2-5 in Maryland. (Photo by Pak Yiu)
Read full article: https://asia.nikkei.com/business/business-deals/asian-firms-hopeful-on-us-investment-again-but-cautious-after-2025-tariffs
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[2026-05-08 02:34 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: 'Shutdown': Moody's expects Dubai hotel occupancy to plummet to 10 percent
Snippet: The US-based financial analysis firm Moody's predicts that hotel occupancy in Dubai is set to plummet to 10 percent from a pre-war figure of 80 percent in the second quarter of the year, which ends on 1 July, The Wall Street Journal reported on Wednesday.
Read full article: https://www.middleeasteye.net/news/moodys-expects-dubai-hotel-occupancy-plummet-10-percent
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[2026-05-08 02:18 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: UK court convicts 2 men linked to Hong Kong trade office of spying
Snippet: Bill Yuen, London office’s manager, and Peter Wai found guilty of assisting foreign intelligence service on Thursday
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3352809/uk-court-convicts-2-men-linked-hong-kong-trade-office-spying?utm_source=rss_feed
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[2026-05-08 02:18 UTC+10:00] [scmp] [Factuality: 100]
Source: South China Morning Post
Title: UK court convicts 2 men linked to Hong Kong trade office of spying
Snippet: Bill Yuen, London office’s manager, and Peter Wai found guilty of assisting foreign intelligence service on Thursday
Read full article: https://www.scmp.com/news/hong-kong/law-and-crime/article/3352809/uk-court-convicts-2-men-linked-hong-kong-trade-office-spying
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[2026-05-08 02:08 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: Dante turned Manila Times into a world-class paper
Snippet: THERE are newspaper owners who merely keep a publication alive as a business enterprise. Then there are a very few who transform a newspaper into a national institution that shapes the intellectual and political life of a country. Dante A. Ang belonged to the latter category.
Read full article: https://www.manilatimes.net/2026/05/08/opinion/columns/dante-turned-manila-times-into-a-world-class-paper/2338627
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[2026-05-08 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Oil of ‘Olat’
Snippet: IT is completely understandable to look at the current pump prices and wonder if we will ever see the significantly lower costs of the past again. The “rocket and feather” phenomenon, where prices climb rapidly during spikes but seem to “trickle down” agonizingly slowly, is not just a consumer frustration; it is a well-documented economic reality, particularly in deregulated markets like the Philippines.
Read full article: https://www.manilatimes.net/2026/05/08/opinion/columns/oil-of-olat/2338617
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[2026-05-08 02:03 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: DOJ probes $2.6B in suspicious oil trades tied to Iran war announcements: report
Snippet: Federal investigators are probing at least four suspiciously timed oil trades worth more than $2.6 billion that were placed just minutes before major announcements about the Iran war sent crude prices tumbling, according to a report.
Read full article: https://nypost.com/2026/05/07/business/doj-probes-2-6b-in-suspicious-oil-trades-tied-to-iran-war-announcements-report/
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[2026-05-08 02:02 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Average US long-term mortgage rate ticks up to 6.37%
Snippet: A for sale sign is posted outside a home, Feb. 10, 2026, in Nashville, Tenn. (AP Photo/George Walker IV, file)
Read full article: https://apnews.com/article/mortgage-rates-housing-inflation-real-estate-c23af69ff9875870c4e0c2b976c64326
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: GDP growth hits 5-year low
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/news/national/gdp-growth-hits-5-year-low/2338699
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Banking system resilient amid Middle East war risks
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/business/top-business/banking-system-resilient-amid-middle-east-war-risks/2338492
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: ​Weak peso could drive NG debt beyond target
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/business/top-business/weak-peso-could-drive-ng-debt-beyond-target/2338493
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: ‘This is really very bad’
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/business/top-business/this-is-really-very-bad/2338497
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Accentuate career development at Accenture
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/business/accentuate-career-development-at-accenture/2332963
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Accentuate growth further at Accenture
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/business/accentuate-growth-further-at-accenture/2332966
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[2026-05-08 01:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Beijing Flip-Flops, Asks Banks To Pause Loans To Sanctioned Refiners Days After Ordering Them To Ignore Sanctions
Snippet: Over the weekend, we reported that in what some called a "watershed moment", Beijing ordered Chinese companies not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
Read full article: https://www.zerohedge.com/markets/beijing-flip-flops-asks-banks-pause-loans-sanctioned-refiners-days-after-ordering-them
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[2026-05-08 01:37 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Title: Russian Economy Shrinks in the First Quarter
Snippet: Russia’s economy contracted at the beginning of the year as weak business activity and declining oil and gas revenues strained public finances.
Read full article: https://www.themoscowtimes.com/2026/05/07/russian-economy-shrinks-in-the-first-quarter-a92713
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[2026-05-08 01:36 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's MUFG taps Google's Gemini AI to help customers shop, save
Snippet: MUFG will pilot-test Google's AI functions on its financial services platform in fiscal 2026. (Source photos by Nikkei)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/japan-s-mufg-taps-google-s-gemini-ai-to-help-customers-shop-save
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[2026-05-08 01:35 UTC+10:00] [BP] [Factuality: 100]
Source: Guardian Australia
Title: BP plans to sell shares in flagship carbon projects as it pulls back from green agenda
Snippet: Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders
Read full article: https://www.theguardian.com/business/2026/may/07/bp-sell-shares-carbon-projects-green-agenda
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[2026-05-08 01:16 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: McDonald’s posts strong earnings — but viral CEO warns gas prices may take bite out of future profits
Snippet: McDonald’s on Thursday reported surprisingly upbeat quarterly earnings and revenue, but CEO Chris Kempczinski — who recently went viral for his weirdly timid nibble of his own company’s burger — warned consumer spending may get “a little bit worse” as high fuel prices slam wallets.
Read full article: https://nypost.com/2026/05/07/business/mcdonalds-posts-strong-earnings-but-ceo-warns-gas-prices-may-take-bite-out-of-future-profits/
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[2026-05-08 01:10 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Title: Hormuz To Year-End: Bullish Or Bearish?
Snippet: With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.
Read full article: https://www.zerohedge.com/markets/hormuz-year-end-bullish-or-bearish
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[2026-05-08 00:50 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Oil prices drop awaiting Mideast peace progress
Snippet: Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz.
Read full article: https://www.manilatimes.net/2026/05/07/news/world/oil-prices-drop-awaiting-mideast-peace-progress/2338719
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[2026-05-08 00:36 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Shell profits surge on rising oil price as Qatar LNG damage increases risks | The National
Snippet: Shell on Thursday reported surging profits in the first quarter, as the Iran war led to a rise in oil prices, while the most significant impacts for the British energy company have been in Qatar.
Read full article: https://www.thenationalnews.com/business/energy/2026/05/07/shell-profits-surge-on-rising-oil-price-as-qatar-lng-damage-increases-risks/
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[2026-05-08 00:25 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: South Sudan's President Kiir fires army chief and finance minister
Snippet: More changes at the top of South Sudan’s government on Wednesday as President Salva Kiir fired the country’s army chief and a finance minister who’d been in office for less than three months, Reuters news agency reported.
Read full article: http://www.africanews.com/2026/05/07/south-sudans-president-kiir-fires-army-chief-and-finance-minister/
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