Topic: Business & Economy — Neutral reports only

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[2026-06-02 15:47 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: Ship operators urge clear rules to return Hormuz to normal before resuming business
Snippet: ​​ATHENS — Shipping executives meeting in Athens on Monday warned that a potential peace deal between the United States and Iran is only the first step toward normalcy. For vessels to resume regular business through the volatile Strait of Hormuz, global leaders must provide a clear framework and unambiguous rules of engagement.
Read full article: https://www.manilatimes.net/2026/06/02/business/maritime/ship-operators-urge-clear-rules-to-return-hormuz-to-normal-before-resuming-business/2356432
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[2026-06-02 15:46 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Doosan Robotics extends rally on Huang's Korea robotics push
Snippet: Doosan Robotics shares jumped again Tuesday after Nvidia chief executive Jensen Huang singled out robotics as a focus for the chipmaker's possible investment in South Korea.
Read full article: https://www.koreaherald.com/article/10762448
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[2026-06-02 15:42 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: India's Mahindra looking to EVs, pickups in global push: autos CEO
Snippet: Mahindra & Mahindra's strong performance in the Indian auto market, despite stiff competition, is boosting its hopes of brisk sales abroad, said Rajesh Jejurikar, executive director and CEO of the auto and farm segments at M&M. (Mahindra & Mahindra)
Read full article: https://asia.nikkei.com/editor-s-picks/interview/india-s-mahindra-looking-to-evs-pickups-in-global-push-autos-ceo
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[2026-06-02 15:34 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation
Snippet: Amazon's annual Prime Day event is scheduled to last four days — June 23 through June 26 — for a second straight year.
Read full article: https://www.cnbc.com/2026/06/02/amazon-prime-day-shopping-inflation.html
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[2026-06-02 15:30 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Classical Bridge turns theme of connection into a family affair
Snippet: Founder Klara Min plots a culture-and-business platform, with an AI project planned for next year's Cannes edition
Read full article: https://www.koreaherald.com/article/10762426
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[2026-06-02 15:30 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares sharply down late Tue. morning on profit-taking
Snippet: South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.
Read full article: https://www.koreaherald.com/article/10762425
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[2026-06-02 15:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns
Snippet: Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them
Read full article: https://www.scmp.com/business/banking-finance/article/3355642/fear-missing-out-why-asia-pacific-firms-pour-money-ai-despite-scant-returns?utm_source=rss_feed
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[2026-06-02 15:15 UTC+10:00] [AI] [Factuality: 100]
Source: South China Morning Post
Title: Fear of missing out: why Asia-Pacific firms pour money into AI despite scant returns
Snippet: Survey shows many enterprises across the region invest heavily in AI, worried that their rivals will outpace them
Read full article: https://www.scmp.com/business/banking-finance/article/3355642/fear-missing-out-why-asia-pacific-firms-pour-money-ai-despite-scant-returns
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[2026-06-02 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: 11 Macau banks sign up for Project mBridge as city joins digital currency platform
Snippet: Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
Read full article: https://www.scmp.com/economy/china-economy/article/3355633/11-macau-banks-sign-project-mbridge-city-joins-digital-currency-platform?utm_source=rss_feed
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[2026-06-02 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Macau taps into Project mBridge digital currency platform
Snippet: Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
Read full article: https://www.scmp.com/economy/china-economy/article/3355633/11-macau-banks-sign-project-mbridge-city-joins-digital-currency-platform
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[2026-06-02 14:55 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: TMK strengthens commercial muscle as Mongolian gas play matures
Snippet: TMK Energy has added fresh operational and corporate firepower to its Mongolian gas ambitions by appointing an experienced oil and gas veteran to the role of production manager as its Gurvantes XXXV pilot project gathers momentum towards development.
Read full article: https://www.theage.com.au/business/companies/tmk-strengthens-commercial-muscle-as-mongolian-gas-play-matures-20260602-p60383.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 14:32 UTC+10:00] [Money / Planning & budgeting] [Factuality: 95]
Source: The Age
Title: Want more financial success? These three things are holding you back
Snippet: June 2, 2026 — 2:32pm
Read full article: https://www.theage.com.au/money/planning-and-budgeting/want-more-financial-success-these-three-things-are-holding-you-back-20260602-p6034p.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 14:19 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: True North hits 51m copper zone near Qld Cloncurry mine
Snippet: True North Copper has delivered a suite of broad, shallow copper and gold assay results from a recently completed exploration and resource extension drilling program at its Great Australia Mine in North-West Queensland.
Read full article: https://www.theage.com.au/business/companies/true-north-hits-51m-copper-zone-near-qld-cloncurry-mine-20260602-p6037h.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 14:13 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices
Snippet: The Office of the United States Trade Representative has proposed 25% tariffs on Brazilian goods under Section 301, determining that the South American nation had engaged in practices that "are unreasonable and burden or restrict U.S. commerce."
Read full article: https://www.cnbc.com/2026/06/02/trump-proposes-25-tariff-on-brazil.html
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[2026-06-02 14:11 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Snippet: Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
Read full article: https://www.scmp.com/economy/china-economy/article/3355630/chinese-firms-overseas-expansion-fuelled-huge-government-subsidies-oecd-report?utm_source=rss_feed
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[2026-06-02 14:11 UTC+10:00] [shipbuilding] [Factuality: 100]
Source: South China Morning Post
Title: Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Snippet: Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
Read full article: https://www.scmp.com/economy/china-economy/article/3355630/chinese-firms-overseas-expansion-fuelled-huge-government-subsidies-oecd-report
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[2026-06-02 14:04 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: [Vantage Point] Ayala Land: The urban machine
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
Read full article: https://www.rappler.com/voices/newsletters/vantage-point-ayala-land-urban-economics-zobel-real-estate/
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[2026-06-02 14:02 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Zambia looking for concrete gains from Korea-Africa talks: deputy secretary
Snippet: Zambia is urging South Korea to move beyond pledges and deliver financing commitments, industrial investment and technology partnerships as Seoul expands its engagement with African countries, says Siazongo Siakalenge, Zambia’s deputy secretary to the cabinet for finance and economic development.
Read full article: https://www.koreaherald.com/article/10762329
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[2026-06-02 14:01 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: 250 years strong: The chemistry behind America’s success
Snippet: This summer marks a historic milestone as the nation commemorates and celebrates the 250th anniversary of its founding. As Americans reflect on the patriotism, ingenuity, and progress that have shaped the country, it would be remiss to not recognize the pivotal role that chemistry has played in its development. From the materials that built the earliest industries, to the technologies that power our economy and safeguard the ability to compete on a global scale, chemistry continues to power everyday life.
Read full article: https://nypost.com/dispatch/250-years-strong-the-chemistry-behind-americas-success/
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[2026-06-02 13:38 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares mostly fall as fighting threatens the US-Iran ceasefire
Snippet: People walk in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, June 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Read full article: https://apnews.com/article/stock-markets-iran-nvidia-energy-oil-ba4257d9938ef6aea558db3010b4a53f
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[2026-06-02 13:35 UTC+10:00] [General] [Factuality: 90]
Source: Middle East Eye
Title: New York governor criticises participation of 'extremist' Smotrich in city event
Snippet: New York Governor Kathy Hochul has “strongly condemned” the participation of Israeli Finance Minister Bezalel Smotrich in the city’s annual pro-Israel parade.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/new-york-governor-criticises-participation-extremist-smotrich-city-event
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[2026-06-02 13:18 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Blue Origin launch pad repairs could take 'serious time', NASA chief says - report
Snippet: Damage to a Blue Origin launch pad from the spectacular explosion of the company's giant New Glenn rocket during a test firing of its engines last week will "take some serious time" to repair, NASA Administrator Jared Isaacman told CNBC on Monday.
Read full article: https://www.jpost.com/business-and-innovation/article-898058
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[2026-06-02 13:18 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: France intercepts another 'shadow fleet' tanker linked to Russian oil
Snippet: France's navy has intercepted a sanctioned tanker linked to the Russian oil trade in the Atlantic Ocean and ordered the vessel to head for the French mainland, in a move Russia said was illegal and bordered on "international piracy."
Read full article: https://www.jpost.com/international/article-898052
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[2026-06-02 13:09 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Twins acquire RHP Justin Lawrence from Pirates for cash
Snippet: MINNEAPOLIS (AP) — The Minnesota Twins acquired right-handed reliever Justin Lawrence from the Pittsburgh Pirates for cash on Monday night.
Read full article: https://apnews.com/article/twins-pirates-trade-justin-lawrence-74595a3be24e8b4d60d020a1ad25020a
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[2026-06-02 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Emirates NBD and FAB lead responsible AI index as region's banks close gap with global peers | The National
Snippet: Two UAE banks, Emirates NBD and First Abu Dhabi Bank, have topped an index tracking the use of responsible artificial intelligence, receiving recognition for their role in narrowing the gap in adoption between the banking and finance sector in the Middle East and Africa and global peers.
Read full article: https://www.thenationalnews.com/business/banking/2026/06/02/emirates-nbd-and-fab-lead-responsible-ai-index-as-regions-banks-close-gap-with-global-peers/
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[2026-06-02 12:58 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Salesforce Japan to focus on helping firms deploy AI effectively
Snippet: Salesforce Japan, a customer relationship management software company, plans to step up investments in artificial intelligence, focusing on data management, to help Japanese companies deploy AI effectively, Chairperson and CEO Shinichi Koide said.
Read full article: https://www.japantimes.co.jp/business/2026/06/02/companies/salesforce-ai-interview/
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[2026-06-02 12:56 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Nvidia forays into CPU market for everything in challenge to Intel, AMD
Snippet: Nvidia CEO Jensen Huang speaks at a news conference in Taipei on June 2. (Photo by Ken Kobayashi)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/nvidia-forays-into-cpu-market-for-everything-in-challenge-to-intel-amd
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[2026-06-02 12:54 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (LEAD) Lee orders prompt action to stabilize prices, warns against market cornering
Snippet: (ATTN: UPDATES with more remarks, photo from 8th para)
Read full article: https://en.yna.co.kr/view/AEN20260602004151315
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[2026-06-02 12:47 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Australian LNG union begins strikes at Tokyo-based Inpex’s Ichthys plant
Snippet: Workers at Inpex’s Ichthys liquefied natural gas export project in Australia have started strikes after talks between union members and the company stalled.
Read full article: https://www.japantimes.co.jp/business/2026/06/02/inpex-strike-australia/
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[2026-06-02 12:36 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea asks Libya to support greater presence of Korean firms in African nation
Snippet: SEOUL, June 2 (Yonhap) -- South Korea has asked Libya to support the expansion of South Korean companies' presence in the North African country, particularly in the oil and refining sectors, Seoul's foreign ministry said Tuesday.
Read full article: https://en.yna.co.kr/view/AEN20260602004600315
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[2026-06-02 12:35 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: SK Bioscience wins first UNICEF flu vaccine contract
Snippet: SK Bioscience said Tuesday it had been selected as a supplier of influenza vaccines to UNICEF, securing its first procurement contract with the United Nations agency and expanding its presence in the global public vaccine market.
Read full article: https://www.koreaherald.com/article/10762260
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[2026-06-02 12:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: A Three-Part Story: These Were The Best And Worst Performing Assets In February
Snippet: The Middle East continued to dominate market attention in May, as constant, daily, recurring hopes and media leaks and trial balloons for some kind of US-Iran deal meant that Brent crude oil fell -19.3%, marking its biggest monthly decline since March 2020 as the pandemic lockdowns began. Those hopes for an end to the conflict meant that fears about stagflation eased dramatically, which pushed yields lower and supported risk assets as well.
Read full article: https://www.zerohedge.com/markets/three-part-story-these-were-best-and-worst-performing-assets-february
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[2026-06-02 12:34 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea, Africa hold biz forum to discuss economic cooperation
Snippet: SEOUL, June 2 (Yonhap) -- Hundreds of business leaders and government officials from South Korea and African nations attended a business forum Tuesday to discuss ways to deepen economic cooperation and expand industrial partnerships, Seoul's foreign ministry said.
Read full article: https://en.yna.co.kr/view/AEN20260602004900315
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[2026-06-02 12:28 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Seoul shares sharply down late Tue. morning on profit-taking
Snippet: SEOUL, June 2 (Yonhap) -- South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.
Read full article: https://en.yna.co.kr/view/AEN20260602004800320
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[2026-06-02 12:27 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (Yonhap Interview) Egyptian FM proposes Korean industrial zone on Suez Canal
Snippet: SEOUL, June 2 (Yonhap) -- Egypt's top diplomat on Tuesday proposed South Korean companies establish a dedicated industrial zone along the Suez Canal by expanding investment in the country, noting that if realized, it would help job creations and raise Korean firms' market access.
Read full article: https://en.yna.co.kr/view/AEN20260602004400315
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[2026-06-02 12:11 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Lee orders prompt action to stabilize prices, warns against market cornering
Snippet: SEOUL, June 2 (Yonhap) -- President Lee Jae Myung on Tuesday instructed officials to take prompt action to stabilize consumer prices while calling for stern punishments for those accused of market cornering.
Read full article: https://en.yna.co.kr/view/AEN20260602004100315
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[2026-06-02 12:09 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: SpaceX, Anthropic, OpenAI: What if one of the mega AI IPOs fizzles?
Snippet: June 2, 2026 — 12:09pm
Read full article: https://www.theage.com.au/business/markets/spacex-anthropic-openai-what-if-one-of-the-mega-ai-ipos-fizzles-20260602-p6030n.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 11:58 UTC+10:00] [ASIA PACIFIC] [Factuality: 95]
Source: The Japan Times
Title: Lonely consumers in China fuel a $74 billion companionship economy
Snippet: On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can book and pay for “climbing buddies” to walk with them, carry bags and take photos for a few hundred yuan.
Read full article: https://www.japantimes.co.jp/news/2026/06/02/asia-pacific/society/china-companionship-economy/
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[2026-06-02 11:34 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: [Contribution] Why next phase of equity rally matters
Snippet: Global equity markets have delivered a dramatic start to 2026. A sharp correction in the first quarter was swiftly followed by a V-shaped recovery, underscoring both the fragility and resilience of investor sentiment. Yet, beneath the volatility lies a more constructive story of robust corporate fundamentals. According to LSEG I/B/E/S, 83 percent of S&P500 companies beat earnings expectations in the first quarter of 2026 as of 1 May — a striking testament to underlying earnings strength.
Read full article: https://www.koreaherald.com/article/10762112
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[2026-06-02 11:33 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Nvidia's Jensen Huang to make Korean TV debut during Seoul visit
Snippet: AI industry icon to meet Korean business leaders this week before appearing on popular talk show 'You Quiz on the Block'
Read full article: https://www.koreaherald.com/article/10762110
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[2026-06-02 11:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Asia’s ‘NewSpace’ economy is about more than just exploration
Snippet: Outer space is growing beyond a scientific frontier to become a forum for contests over sovereignty and economic security
Read full article: https://www.scmp.com/opinion/asia-opinion/article/3354897/asias-newspace-economy-about-more-just-exploration?utm_source=rss_feed
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[2026-06-02 11:30 UTC+10:00] [NASA] [Factuality: 100]
Source: South China Morning Post
Title: Asia’s ‘NewSpace’ economy is about more than just exploration
Snippet: Outer space is growing beyond a scientific frontier to become a forum for contests over sovereignty and economic security
Read full article: https://www.scmp.com/opinion/asia-opinion/article/3354897/asias-newspace-economy-about-more-just-exploration
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[2026-06-02 11:24 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Pagcor boosts safeguards against casino money laundering
Snippet: MANILA, Philippines -- The Philippine Amusement and Gaming Corporation (Pagcor) has ordered casinos and other gaming entities to strengthen their anti-money laundering (AML) controls after issuing a new set of red flag indicators aimed at detecting transactions linked to corruption and illicit financial activities.
Read full article: https://www.manilatimes.net/2026/06/02/news/pagcor-boosts-safeguards-against-casino-money-laundering/2356351
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[2026-06-02 10:58 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Inflation expected to stay above 3% amid prolonged Middle East tensions: BOK
Snippet: Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of the economy amid prolonged Middle East tensions, the central bank said Tuesday.
Read full article: https://www.koreaherald.com/article/10762055
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[2026-06-02 10:51 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Inflation expected to stay above 3 pct amid prolonged Middle East tensions: BOK
Snippet: SEOUL, June 2 (Yonhap) -- Inflation is projected to remain above the 3 percent level for the time being as the impact of high oil prices spills over into other sectors of the economy amid prolonged Middle East tensions, the central bank said Tuesday.
Read full article: https://en.yna.co.kr/view/AEN20260602003100320
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[2026-06-02 10:40 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Indonesian oil palm farmers bemoan new export rules after crop prices dive
Snippet: Offloading oil palm fruit bunches in Bengkulu province, Indonesia. Prices have crashed around the country since the government recently announced a new export policy causing despair among farmers. (Photo by Dimas Ardian)
Read full article: https://asia.nikkei.com/business/markets/commodities/indonesian-oil-palm-farmers-bemoan-new-export-rules-after-crop-prices-dive
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[2026-06-02 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong leader’s visit set to unlock Kazakh flights, with incentives eyed
Snippet: Hong Kong-based airline exploring launching such flights up to three times a week but details are being ironed out
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355604/hong-kong-leaders-visit-set-unlock-kazakh-flights-incentives-eyed?utm_source=rss_feed
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[2026-06-02 10:30 UTC+10:00] [direct flights] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong leader’s visit set to unlock Kazakh flights, with incentives eyed
Snippet: Hong Kong-based airline exploring launching such flights up to three times a week but details are being ironed out
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355604/hong-kong-leaders-visit-set-unlock-kazakh-flights-incentives-eyed
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[2026-06-02 10:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: How U.S. Retailers Are Absorbing The Fuel-Price Shock
Snippet: We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households, and a consumer still spending into weakness.
Read full article: https://www.zerohedge.com/markets/how-americas-retailers-are-absorbing-fuel-price-shock
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[2026-06-02 10:26 UTC+10:00] [Minimum wage] [Factuality: 100]
Source: Guardian Australia
Title: About 3 million workers on minimum wage to receive 4.75% pay rise in Fair Work Commission ruling
Snippet: Unions had demanded 6% pay increase for lowest paid after war in Middle East pushed inflation higher
Read full article: https://www.theguardian.com/australia-news/2026/jun/02/about-3-million-workers-on-minimum-wage-to-receive-475-pay-rise-in-fair-work-commission-ruling
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