Topic: Business & Economy — Neutral reports only

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[2026-06-03 17:42 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.
Snippet: Novo Nordisk is launching its weight loss pill Wegovy in the United Arab Emirates, the Danish drugmaker said Wednesday, marking its first launch outside the U.S. market.
Read full article: https://www.cnbc.com/2026/06/03/novo-nordisk-wegovy-pill-uae-weight-loss-lilly.html
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[2026-06-03 17:38 UTC+10:00] [Business / Banking & finance] [Factuality: 100]
Source: The Age
Title: NSW and Victorian governments put embattled firm KPMG on notice
Snippet: The NSW and Victorian governments are scrutinising their multimillion-dollar relationships with KPMG, after the consulting giant last week confirmed confidential client data had been shared, throwing the company into turmoil.
Read full article: https://www.theage.com.au/business/banking-and-finance/nsw-and-victorian-governments-put-embattled-firm-kpmg-on-notice-20260603-p603mh.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 17:28 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Ships face 4,000-times higher insurance costs to cross Strait of Hormuz | The National
Snippet: Dozens of ships have managed to sneak through the Strait of Hormuz in recent weeks, but attempts remain highly risky and are no substitute for a free and open waterway, industry experts have warned.
Read full article: https://www.thenationalnews.com/business/economy/2026/06/03/hormuz-shipping-trade-iran-war/
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[2026-06-03 17:26 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person | The National
Snippet: Zhang Yiming passed Mukesh Ambani to become Asia’s second-richest person after an increase in ByteDance's valuation and further progress in the Chinese companies’s AI ambitions.
Read full article: https://www.thenationalnews.com/business/money/2026/06/03/tiktok-billionaire-overtakes-mukesh-ambani-as-asias-second-richest-person/
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[2026-06-03 17:21 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Ukraine drones target St Petersburg as Russia’s flagship economic forum opens
Snippet: Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit
Read full article: https://www.scmp.com/news/world/russia-central-asia/article/3355799/ukraine-drones-target-st-petersburg-russias-flagship-economic-forum-opens?utm_source=rss_feed
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[2026-06-03 17:21 UTC+10:00] [Ukrainian] [Factuality: 100]
Source: South China Morning Post
Title: Ukraine drones target St Petersburg as Russia’s flagship economic forum opens
Snippet: Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit
Read full article: https://www.scmp.com/news/world/russia-central-asia/article/3355799/ukraine-drones-target-st-petersburg-russias-flagship-economic-forum-opens
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[2026-06-03 17:21 UTC+10:00] [Property / News] [Factuality: 100]
Source: The Age
Title: Perth houses are spending longer on the market – except in these suburbs
Snippet: The time Perth homes spent on the market has blown out to a median of two weeks, according to new data, but houses are still being snapped up in suburbs once considered working-class.
Read full article: https://www.theage.com.au/property/news/perth-houses-are-spending-longer-on-the-market-except-in-these-suburbs-20260603-p603o3.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 17:14 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
Snippet: Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed
Read full article: https://www.scmp.com/economy/china-economy/article/3355796/global-oil-stockpiles-could-fall-critical-levels-summer-iea-warns?utm_source=rss_feed
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[2026-06-03 17:14 UTC+10:00] [Strait of Hormuz] [Factuality: 92]
Source: South China Morning Post
Title: Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns
Snippet: Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed
Read full article: https://www.scmp.com/economy/china-economy/article/3355796/global-oil-stockpiles-could-fall-critical-levels-summer-iea-warns
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[2026-06-03 17:13 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Global economic body weighs in on Australian rate rises
Snippet: June 3, 2026 17:13 | News
Read full article: https://michaelwest.com.au/global-economic-body-weighs-in-on-australian-rate-rises/
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[2026-06-03 17:06 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Ardea fine-tunes WA nickel giant ahead of DFS delivery
Snippet: In what Ardea Resources insists is a shrewd value-improving move, the company has pushed back the completion timeline for its definitive feasibility study (DFS) at the globally significant Goongarrie Hub nickel-cobalt project near Kalgoorlie.
Read full article: https://www.theage.com.au/business/companies/ardea-fine-tunes-wa-nickel-giant-ahead-of-dfs-delivery-20260603-p603nx.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 17:00 UTC+10:00] [OECD] [Factuality: 100]
Source: Guardian Australia
Title: OECD predicts spate of recessions globally if Iran conflict drags into 2027
Snippet: Policy forum lays out ‘prolonged disruption’ scenario in which world’s GDP falls to 2.1% this year from 3.4% in 2025
Read full article: https://www.theguardian.com/business/2026/jun/03/oecd-predicts-spate-of-recessions-globally-if-iran-conflict-drags-into-2027
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[2026-06-03 17:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: OECD revises up S. Korea's 2026 growth outlook to 2.6 pct
Snippet: SEOUL, June 3 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Wednesday raised South Korea's economic growth outlook for this year to 2.6 percent from 1.7 percent three months earlier, citing the country's robust chip exports amid the artificial intelligence boom.
Read full article: https://en.yna.co.kr/view/AEN20260603003000320
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[2026-06-03 17:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
Snippet: The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage from the U.S.-Iran war could dramatically worsen unless a durable peace settlement is reached quickly.
Read full article: https://www.cnbc.com/2026/06/03/oecd-warns-of-global-slowdown-as-iran-war-stymies-growth-prospects-.html
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[2026-06-03 16:49 UTC+10:00] [Australian economy] [Factuality: 100]
Source: Guardian Australia
Title: Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?
Snippet: The economy was slowing even before the Middle East conflict and interest rate hikes started to bite, while the boom in datacentres was a rare bright spot
Read full article: https://www.theguardian.com/business/2026/jun/03/australia-economic-outlook-economy-gdp-growth-jim-chalmers
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[2026-06-03 16:39 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Merged Japanese insurer aiming for ¥280 billion profit in fiscal 2030
Snippet: A new company to be born out of a merger of Japanese insurers Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance next April aims to earn an adjusted profit of ¥280 billion in fiscal 2030, Hiroshi Umiyama, president and CEO of Mitsui Sumitomo, said in a recent interview.
Read full article: https://www.japantimes.co.jp/business/2026/06/03/companies/mitsui-sumitomo-insurance-interview/
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[2026-06-03 16:37 UTC+10:00] [National] [Factuality: 100]
Source: The Age
Title: Weak productivity growth revealed in economy
Snippet: Products & ServicesOpen Products & Services section
Read full article: https://www.theage.com.au/national/weak-productivity-growth-revealed-in-economy-20260603-p603nj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 16:32 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Netanyahu won't stop until all Arab political parties are gone
Snippet: More than two decades ago, Benjamin Netanyahu, then Israel’s finance minister, told the Herzliya security conference that the primary demographic threat facing the country did not arise from the Palestinians living in the occupied West Bank and Gaza, but rather from “the Israeli Arabs” in 1948 territories.
Read full article: https://www.middleeasteye.net/opinion/netanyahu-wont-stop-until-all-arab-political-parties-are-gone
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[2026-06-03 16:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: The price of a long life: Hongkongers may need US$910,000 to retire
Snippet: Study urges more tax incentives for voluntary pension savings, while a lawmaker suggests retirees consider lower-cost living in the Greater Bay Area
Read full article: https://www.scmp.com/business/article/3355786/price-long-life-hongkongers-may-need-us910000-retire?utm_source=rss_feed
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[2026-06-03 16:30 UTC+10:00] [Mandatory Provident Fund] [Factuality: 100]
Source: South China Morning Post
Title: The price of a long life: Hongkongers may need US$910,000 to retire
Snippet: Study urges more tax incentives for voluntary pension savings, while a lawmaker suggests retirees consider lower-cost living in the Greater Bay Area
Read full article: https://www.scmp.com/business/article/3355786/price-long-life-hongkongers-may-need-us910000-retire
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[2026-06-03 16:26 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Coupang's cost-cutting Rocket Now shakes up Japan's food delivery sector
Snippet: Rocket Now is partnering with more than 10,000 restaurants in Japan to provide food at the same price as diners see on the menu. (CP One Japan)
Read full article: https://asia.nikkei.com/business/food-beverage/coupang-s-cost-cutting-rocket-now-shakes-up-japan-s-food-delivery-sector
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[2026-06-03 16:19 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Perplexity CEO tells CNBC one metric will determine who wins the AI race
Snippet: The companies that can provide the most economic value from the power their AI uses will ultimately command the highest valuations, Perplexity CEO Aravind Srinivas told CNBC on Wednesday.
Read full article: https://www.cnbc.com/2026/06/03/perplexity-ceo-ai-valuations-computer-agentic.html
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[2026-06-03 16:18 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Kospi rally fuels market swings unseen since financial crisis
Snippet: Sidecar triggers near 2008 record as rising leverage, forced selling amplify volatility
Read full article: https://www.koreaherald.com/article/10762899
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[2026-06-03 16:11 UTC+10:00] [Health] [Factuality: 100]
Source: Guardian Australia
Title: Australians are spending less to consume more nicotine as illegal tobacco trade explodes
Snippet: Australian Bureau of Statistics estimates nicotine consumption rose 40%, with illicit sources accounting for 80% of all tobacco
Read full article: https://www.theguardian.com/australia-news/2026/jun/03/illegal-tobacco-news-australia-spending-less-to-consume-more-nicotine
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[2026-06-03 16:06 UTC+10:00] [Business / Consumer affairs] [Factuality: 100]
Source: The Age
Title: The brands that Australians are now hating on, and why
Snippet: June 3, 2026 — 4:06pm
Read full article: https://www.theage.com.au/business/consumer-affairs/the-brands-that-australians-are-now-hating-on-and-why-20260603-p603h2.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 15:58 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: First footy, now beer: Region braces for $50m hit to local economy
Snippet: Topic:Food and Beverage Processing Industry
Read full article: https://www.abc.net.au/news/2026-06-03/tas-boags-brewery-closure-negative-effect-launceston/106752850
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[2026-06-03 15:48 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's fertility rate at record low with 10th straight year of decline
Snippet: The number of babies born in 2025 was 671,236, down 2.2% from 2024, but the pace of the decline is slowing down. (Photo by Shoho Kodama)
Read full article: https://asia.nikkei.com/economy/demography/japan-s-fertility-rate-at-record-low-with-10th-straight-year-of-decline
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[2026-06-03 15:47 UTC+10:00] [All News] [Factuality: 90]
Source: The Korea Herald
Title: N. Korea criticizes USFK commander’s ‘dagger’ remark on South Korea
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10762887
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[2026-06-03 15:41 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Litchfield boosts NT base metals case with broad drill hits
Snippet: Litchfield Minerals has delivered an encouraging clutch of broad copper-zinc-silver hits from phase three reverse circulation (RC) drilling at its Oonagalabi base metals project in the Harts Range region, 120km northeast of Alice Springs in the NT.
Read full article: https://www.theage.com.au/business/companies/litchfield-boosts-nt-base-metals-case-with-broad-drill-hits-20260603-p603m5.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 15:39 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Applied Materials looks to hire 25% more chip talent in Southeast Asia
Snippet: Brian Tan, Applied Materials' corporate vice president and president for Southeast Asia, said the company is looking to hire about 1,000 additional workers in the region. (Nikkei montage/Source photos by Cheng Ting-Fang and Reuters)
Read full article: https://asia.nikkei.com/editor-s-picks/interview/applied-materials-looks-to-hire-25-more-chip-talent-in-southeast-asia
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[2026-06-03 15:30 UTC+10:00] [World / North America] [Factuality: 100]
Source: The Age
Title: This ‘absurd’ Trump plan was a step too far – even for his party
Snippet: Since the start of US President Donald Trump’s second term, a Republican-controlled Congress has confirmed almost all his controversial nominees, ceded trade authority to the White House and largely acquiesced as the president started a hugely unpopular war in Iran.
Read full article: https://www.theage.com.au/world/north-america/this-absurd-trump-plan-was-a-step-too-far-even-for-his-party-20260603-p603h3.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 15:28 UTC+10:00] [Republicans] [Factuality: 100]
Source: Guardian Australia
Title: George Santos reportedly investigated by DoJ over suspicious Kalshi bets
Snippet: Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speech
Read full article: https://www.theguardian.com/us-news/2026/jun/03/george-santos-investigation-prediction-market-kalshi-report
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[2026-06-03 15:23 UTC+10:00] [Finance] [Factuality: 100]
Source: Asia Times
Title: Is Hormuz the US dollar’s Suez?
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/06/is-hormuz-the-us-dollars-suez/
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[2026-06-03 15:21 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: New data lights up enormity of tobacco black market
Snippet: June 3, 2026 15:21 | News
Read full article: https://michaelwest.com.au/new-data-lights-up-enormity-of-tobacco-black-market/
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[2026-06-03 15:08 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Snippet: Bitcoin declined Wednesday to its lowest levels since February as other asset classes continued to lure investors away from cryptocurrencies.
Read full article: https://www.cnbc.com/2026/06/03/bitcoin-crypto-ipos-market.html
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[2026-06-03 15:07 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Like Indonesia, India's central bank may hike rates to defend its currency
Snippet: India's central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Friday.
Read full article: https://www.cnbc.com/2026/06/03/-like-indonesia-indias-central-bank-may-hike-rates-to-defend-its-currency.html
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[2026-06-03 15:04 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Pacgold to spin out QLD gold assets into Emerald Resources-backed IPO
Snippet: Pacgold Limited has unveiled a strategic demerger of its non-core North Queensland gold assets, relinquishing control to roll the projects into a soon-to-be-listed and powerfully backed Manda Resources.
Read full article: https://www.theage.com.au/business/companies/pacgold-to-spin-out-qld-gold-assets-into-emerald-resources-backed-ipo-20260603-p603le.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 15:02 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: US lawmaker dismisses Trump-Netanyahu tensions as ‘all talk’
Snippet: US Republican Representative Thomas Massie criticised Washington’s continued financial support for Israel and downplayed reports of a heated exchange between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/us-lawmaker-dismisses-trump-netanyahu-tensions-all-talk
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[2026-06-03 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Investors bet humanoid robots will transform industry and homes over the next decade
Snippet: Softbank CEO Masayoshi Son told CNBC this week that physical AI and robotics were where he saw the next trillion-dollar company emerging from.
Read full article: https://www.cnbc.com/2026/06/03/humanoid-robots-trillion-dollar-ai-market.html
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[2026-06-03 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Today in Korean history
Snippet: 1886 -- Korea signs a treaty of commerce and amity with France, legalizing French business and religious activities in the country. The period from 1876 until the fall of the Joseon Dynasty in 1910 is referred to as an open-door era, when the country opened its ports and built commercial ties with Japan, the United States, Britain, Germany, Russia and France.
Read full article: https://en.yna.co.kr/view/AEN20260603000900320
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[2026-06-03 14:49 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Qantas’ Project Sunrise plane completes first test flight over France
Snippet: Qantas’ Project Sunrise plane made its first test flight over France, as the airline stretches out the timeline on the delivery of the landmark service.
Read full article: https://www.theage.com.au/business/companies/qantas-project-sunrise-plane-completes-first-test-flight-over-france-20260603-p603im.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 14:43 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: US floats new tariffs on 60 economies over forced labor, including China
Snippet: A container ship passes under the San Francisco-Oakland Bay Bridge in California on April 9. © Reuters
Read full article: https://asia.nikkei.com/economy/trade-war/trump-tariffs/us-floats-new-tariffs-on-60-economies-over-forced-labor-including-china
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[2026-06-03 14:40 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: WATCH: Marcos tells senators: Get back to work
Snippet: President Ferdinand Marcos Jr. on urges senators to 'get back to work' after the Senate failed to convene for two days due to an impasse between the majority and minority blocs. 'I’m afraid all these events that we have been witnessing has thrown the Senate and its leadership, the whole Senate into disarray.
Read full article: https://www.manilatimes.net/2026/06/03/videos/watch-marcos-tells-senators-get-back-to-work/2357451
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[2026-06-03 14:39 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: India's unviable battery storage projects threaten energy goals
Snippet: India allocated 10.4 gigawatts of standalone battery energy storage system capacity in 2025, but analysts estimate that about 75% of this is at risk of not being built due to underbidding. © Getty Images
Read full article: https://asia.nikkei.com/business/energy/india-s-unviable-battery-storage-projects-threaten-energy-goals
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[2026-06-03 14:14 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese biotech GenScript surges as it rebuffs US lawmakers’ allegations
Snippet: The Hong Kong-listed biotech company rose as much as 29 per cent after rejecting suggestions it poses a national security risk
Read full article: https://www.scmp.com/business/china-business/article/3355777/chinese-biotech-genscript-surges-it-rebuffs-us-lawmakers-allegations?utm_source=rss_feed
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[2026-06-03 14:14 UTC+10:00] [Genscript] [Factuality: 100]
Source: South China Morning Post
Title: Chinese biotech GenScript surges as it rebuffs US lawmakers’ allegations
Snippet: The Hong Kong-listed biotech company rose as much as 29 per cent after rejecting suggestions it poses a national security risk
Read full article: https://www.scmp.com/business/china-business/article/3355777/chinese-biotech-genscript-surges-it-rebuffs-us-lawmakers-allegations
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[2026-06-03 14:11 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Gateway high-grade hits trigger widening WA gold potential
Snippet: Gateway Mining has strengthened the case for a district-scale gold discovery at its flagship 1780-square-kilometre Yandal gold project in Western Australia after reporting a string of high-grade first-pass intercepts from southern structural corridors, a whopping 20 kilometres south of previous drilling at its Mustang prospect.
Read full article: https://www.theage.com.au/business/companies/gateway-high-grade-hits-trigger-widening-wa-gold-potential-20260603-p603ke.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-03 14:00 UTC+10:00] [Young people] [Factuality: 95]
Source: Guardian Australia
Title: ‘You can be made a laughing stock to millions’: can gen Z escape the fear of being cringe?
Snippet: With the constant risk of being recorded, many young people are afraid of showing enthusiasm – let alone doing something so potentially embarrassing as dancing in public. Is there a way to set themselves free?
Read full article: https://www.theguardian.com/society/2026/jun/03/can-gen-z-escape-fear-cringe-laughing-stock
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[2026-06-03 13:52 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: USTR proposing new tariffs of at least 10% for most trading partners
Snippet: President Donald Trump and European Commission President Ursula von der Leyen shake hands after reaching a trade deal at the Trump Turnberry golf course in Turnberry, Scotland, on July 27, 2025. (AP Photo/Jacquelyn Martin, File)
Read full article: https://apnews.com/article/trade-tariffs-labor-trump-ustr-4dce10ec32bbbcf3bfdfddb2ec660d65
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[2026-06-03 13:30 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Pudu Robotics eyes Hong Kong listing amid geopolitical risks
Snippet: Pudu CEO and founder Felix Zhang told Nikkei Asia that the Shenzhen-based robotics company is preparing to list in Hong Kong. (Photo by Kensaku Ihara)
Read full article: https://asia.nikkei.com/business/technology/pudu-robotics-eyes-hong-kong-listing-amid-geopolitical-risks
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