Topic: Business — Neutral reports only

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[2026-06-06 13:00 UTC+10:00] [Tianjin] [Factuality: 100]
Source: South China Morning Post
Title: How China is cashing in on a global scramble for offshore oil and gas
Snippet: Chinese firms dominate the global market for machinery used to extract offshore energy – a sector that is booming amid the Iran war
Read full article: https://www.scmp.com/economy/china-economy/article/3356113/how-china-cashing-global-scramble-offshore-oil-and-gas
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[2026-06-06 13:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Where It's Hardest To Afford A Home
Snippet: Big cities like Hong Kong or Los Angeles are well-known for their expensive real estate markets. But there are also plenty of housing markets you wouldn’t necessarily expect among the least affordable – including several in Australia, New Zealand and Canada.
Read full article: https://www.zerohedge.com/personal-finance/where-its-hardest-afford-home
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[2026-06-06 08:24 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Title: Majority of Tokyo Growth stocks below market cap cutoff as deadline nears
Snippet: A glut of sluggish shares on the Tokyo Stock Exchange's Growth section could hinder its ability to attract investor funds. © Reuters
Read full article: https://asia.nikkei.com/business/markets/equities/majority-of-tokyo-growth-stocks-below-market-cap-cutoff-as-deadline-nears
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[2026-06-06 07:48 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's naphtha imports recover to 80% of pre-Iran war levels
Snippet: Chemical makers in Japan have been finding alternative sources for the plastic raw material as conflict drags on in Iran. (Photo by Tomoki Mera)
Read full article: https://asia.nikkei.com/business/markets/commodities/japan-s-naphtha-imports-recover-to-80-of-pre-iran-war-levels
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[2026-06-06 07:38 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: US stocks slump as fears over Big Tech shake Wall Street
Snippet: Stock markets suffered a sharp drop on Friday, with the tech-heavy Nasdaq index seeing its biggest one-day drop since April 2025.
Read full article: https://www.bbc.com/news/articles/cwy2yq0dj58o?at_medium=RSS&at_campaign=rss
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[2026-06-06 07:27 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Nasdaq 100 slides 4.8% as traders dump tech stocks | The National
Snippet: The massive months-long rally in US stocks took a painful turn on Friday as traders rushed to dump mega-cap technology stocks and snap up more defensive names, while the latest employment data boosted expectations for an interest-rate hike this year.
Read full article: https://www.thenationalnews.com/business/markets/2026/06/05/nasdaq-100-slides-48-as-traders-dump-tech-stocks/
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[2026-06-06 04:42 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Ringing The Bell: Meta Plunges On Report It May Sell "Tens Of Billions" In New Stock
Snippet: They don't ring the bell at the top, but they sure do sell a lot of stock.
Read full article: https://www.zerohedge.com/markets/ringing-bell-meta-plunges-report-it-may-sell-tens-billions-new-stock
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[2026-06-06 04:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Polymarket promo code NYPMAX: Deposit $20, get $50 for Yankees vs. Red Sox markets
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/05/betting/polymarket-promo-code-nypmax-deposit-20-get-50-for-yankees-vs-red-sox-markets/
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[2026-06-06 04:00 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Fannie, Freddie Jump After Trump Floats $1 Trillion Valuation
Snippet: Fannie Mae and Freddie Mac shares jumped on Friday morning after President Trump said late Thursday that the mortgage giants were "probably worth $1 trillion," reviving Wall Street hopes for a long-awaited exit from government control.
Read full article: https://www.zerohedge.com/markets/fannie-freddie-jump-after-trump-floats-1-trillion-valuation
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[2026-06-06 03:29 UTC+10:00] [General] [Factuality: 100]
Source: The Moscow Times
Title: Cracks in Russia’s Economy Shine Through at SPIEF
Snippet: When black smoke hung in the sky above St. Petersburg as Russia’s flagship annual investment event opened this week, the result of a Ukrainian drone attack, the metaphor for Russia’s economy was almost too obvious to ignore.
Read full article: https://www.themoscowtimes.com/2026/06/05/cracks-in-russias-economy-shine-through-at-spief-a92943
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[2026-06-06 03:26 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's farmer-backed ruling party to support trade talks with Mercosur
Snippet: Japan's production of top-grade wagyu beef tripled over the past 10 years. (Photo by Nikkei)
Read full article: https://asia.nikkei.com/economy/trade/japan-s-farmer-backed-ruling-party-to-support-trade-talks-with-mercosur
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[2026-06-06 02:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA
Snippet: Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a multi-trillion behemoth.
Read full article: https://www.zerohedge.com/markets/morgan-stanley-projects-spacex-revenue-hitting-stratospheric-34-trillion-2040-27-trillion
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[2026-06-06 02:01 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Odds of a Fed hike this year jump on prediction markets
Snippet: Chances that the Federal Reserve increases interest rates this year shot up from 25.3% to 52% in the last week on prediction markets platform Kalshi.
Read full article: https://www.cnbc.com/2026/06/05/odds-of-a-fed-hike-this-year-jump-on-prediction-markets-.html
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[2026-06-06 00:59 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong ideal platform for Uzbek firms to spread wings globally, John Lee says
Snippet: City leader invites Uzbek Prime Minister Abdulla Aripov to be keynote speaker at coming Belt and Road Summit to be held in Hong Kong in September
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356166/hong-kong-ideal-platform-uzbek-firms-spread-wings-globally-john-lee-says?utm_source=rss_feed
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[2026-06-06 00:59 UTC+10:00] [Central Asia] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong ideal platform for Uzbek firms to spread wings globally, John Lee says
Snippet: City leader invites Uzbek Prime Minister Abdulla Aripov to be keynote speaker at coming Belt and Road Summit to be held in Hong Kong in September
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356166/hong-kong-ideal-platform-uzbek-firms-spread-wings-globally-john-lee-says
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[2026-06-06 00:40 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Title: "Stocks Should Go Up, Not Down": Trump Rages At Market Reaction To 'Great' Jobs Report
Snippet: Global capital markets are a mess following this morning's hotter than expected rise in US employment.
Read full article: https://www.zerohedge.com/markets/stocks-should-go-not-down-trump-rages-market-reaction-great-jobs-report
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[2026-06-06 00:15 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Putin slams Western sanctions as damaging to the global economy
Snippet: In this photo released by the Roscongress Foundation, Russian President Vladimir Putin, center, and Tanzanian President Samia Suluhu Hassan arrive to attend a plenary session at the St. Petersburg International Economic Forum in St. Petersburg, Russia, on Friday, June 5, 2026. (Vyacheslav Viktorov/Roscongress Foundation via AP)
Read full article: https://apnews.com/article/russia-putin-ukraine-st-petersburg-economy-a57c76d347f580eaf8325062ed13a6ec
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[2026-06-05 23:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Do China-Russia trade payment frictions show limits of de-dollarisation?
Snippet: The threat of US sanctions is slowing cross-border payments as Chinese banks tighten compliance checks and route transactions through intermediaries
Read full article: https://www.scmp.com/economy/global-economy/article/3356137/do-china-russia-trade-payment-frictions-show-limits-de-dollarisation?utm_source=rss_feed
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[2026-06-05 23:15 UTC+10:00] [United Arab Emirates] [Factuality: 100]
Source: South China Morning Post
Title: Do China-Russia trade payment frictions show limits of de-dollarisation?
Snippet: The threat of US sanctions is slowing cross-border payments as Chinese banks tighten compliance checks and route transactions through intermediaries
Read full article: https://www.scmp.com/economy/global-economy/article/3356137/do-china-russia-trade-payment-frictions-show-limits-de-dollarisation
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[2026-06-05 23:15 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: India beats growth forecasts but Iran war clouds outlook
Snippet: MUMBAI — India's economy grew at a faster pace than expected in the first three months of 2026, driven by strong government spending and a robust services sector, official data showed on Friday.
Read full article: https://www.manilatimes.net/2026/06/05/world/india-beats-growth-forecasts-but-iran-war-clouds-outlook/2359616
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[2026-06-05 23:09 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US adds 172,000 jobs in May, strongly beating expectations
Snippet: Unemployment remained steady, with the labour market in the world’s largest economy sustaining recent gains
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3356158/us-adds-172000-jobs-may-strongly-beating-expectations?utm_source=rss_feed
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[2026-06-05 23:09 UTC+10:00] [job growth] [Factuality: 100]
Source: South China Morning Post
Title: US adds 172,000 jobs in May, strongly beating expectations
Snippet: Unemployment remained steady, with the labour market in the world’s largest economy sustaining recent gains
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3356158/us-adds-172000-jobs-may-strongly-beating-expectations
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[2026-06-05 22:49 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
Snippet: With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs...
Read full article: https://www.zerohedge.com/markets/us-jobs-soar-172k-may-smashing-estimates-4-sigma-beat-unemployment-rate-remains-43
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[2026-06-05 22:38 UTC+10:00] [US economy] [Factuality: 100]
Source: Guardian Australia
Title: US added 172,000 jobs in May as labor market shows signs of resilience
Snippet: Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran war
Read full article: https://www.theguardian.com/business/2026/jun/05/us-jobs-market-unemployment
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[2026-06-05 22:27 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge
Snippet: Futures are lower amid fresh underperformance of tech. If the premarket weakness persists, the S&P 500 is set to break a historic weekly run of gains as the AI trade takes another leg lower this time driven by the cartoonish Kospi index, with investors also expecting payrolls data to affirm that interest rates will stay higher for longer (full payrolls preview here).
Read full article: https://www.zerohedge.com/markets/futures-drop-souring-chipmaker-sentiment-kospi-plunge
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[2026-06-05 22:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Iran Oil Exports Plunge To Four Year Low As Blockade Tightens, While Inflation Soars To World War 2 Levels
Snippet: If it was indeed Trump's intention to starve Iran's economy of oil export revenue, the plan may just be working: Iran's oil exports fell to their lowest level in at least six years in May as the US naval blockade has succeeded in choking off crude shipments and leave tens of millions of barrels stranded at sea.
Read full article: https://www.zerohedge.com/markets/blockade-sends-irans-oil-exports-plunging-four-year-low-inflation-soars-world-war-2-levels
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[2026-06-05 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong tour guide stripped of licence over coercing visitors into shopping
Snippet: Disciplinary action by Travel Industry Authority is second of its kind in less than two months
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356139/hong-kong-tour-guide-stripped-licence-over-coercing-visitors-shopping?utm_source=rss_feed
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[2026-06-05 21:00 UTC+10:00] [April] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong tour guide stripped of licence over coercing visitors into shopping
Snippet: Disciplinary action by Travel Industry Authority is second of its kind in less than two months
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356139/hong-kong-tour-guide-stripped-licence-over-coercing-visitors-shopping
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[2026-06-05 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: ‘Smaller but smart’ Shenzhen railway station to redraw China’s infrastructure blueprint
Snippet: Tech hub’s biggest station will make regional travel easier, but some Shenzhen residents worry it is too small relative to other rail hubs
Read full article: https://www.scmp.com/economy/china-economy/article/3356107/smaller-smart-shenzhen-railway-station-redraw-chinas-infrastructure-blueprint?utm_source=rss_feed
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[2026-06-05 21:00 UTC+10:00] [Beijing University of Civil Engineering and Architecture] [Factuality: 100]
Source: South China Morning Post
Title: ‘Smaller but smart’ Shenzhen railway station to redraw China’s infrastructure blueprint
Snippet: Tech hub’s biggest station will make regional travel easier, but some Shenzhen residents worry it is too small relative to other rail hubs
Read full article: https://www.scmp.com/economy/china-economy/article/3356107/smaller-smart-shenzhen-railway-station-redraw-chinas-infrastructure-blueprint
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[2026-06-05 20:57 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: India's economy expands at 7.8% over January to March — faster than expected
Snippet: In a quarter partially affected by the economic disruptions from the Middle East conflict, India's economy grew at 7.8% year-on-year in the three months to the end of March, a faster-than-expected pace.
Read full article: https://www.cnbc.com/2026/06/05/india-gdp-economy-oil-middle-east-disruption.html
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[2026-06-05 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: India GDP up 7.8% in March quarter despite Iran war impact
Snippet: For the full fiscal year through March, gross domestic product growth came in at 7.7%, up from the 6.5% reported in the previous fiscal year. © Reuters
Read full article: https://asia.nikkei.com/economy/india-gdp-up-7.8-in-march-quarter-despite-iran-war-impact
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[2026-06-05 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street
Snippet: Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.
Read full article: https://www.zerohedge.com/markets/lululemon-bear-market-accelerates-after-guidance-cut-wall-street-spooked
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[2026-06-05 20:01 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan approves $19bn extra budget to curb fuel costs amid Iran tensions
Snippet: Japanese Prime Minister Sanae Takaichi responds to questions at the House of Councillors budget committee in Tokyo on June 5. (Photo by Ken Suzuki)
Read full article: https://asia.nikkei.com/economy/japan-approves-19bn-extra-budget-to-curb-fuel-costs-amid-iran-tensions
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[2026-06-05 19:59 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Putin to confront weak economy at 'Russian Davos', under threat of Ukrainian drones
Snippet: SAINT PETERSBURG, Russia — Russia's Vladimir Putin will address a flagship investment forum in Saint Petersburg on Friday, as the war in Ukraine drags the economy into stagnation and days after brazen Ukrainian drone strikes rocked his home city.
Read full article: https://www.manilatimes.net/2026/06/05/news/putin-to-confront-weak-economy-at-russian-davos-under-threat-of-ukrainian-drones/2359438
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[2026-06-05 19:48 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: House passes bill to aid Ukraine and impose new sanctions on Russia
Snippet: WASHINGTON, United States — The House passed legislation Thursday that would aid Ukraine and sanction key segments of the Russian economy, overriding objections from Republican leaders who warned the bill would undermine negotiations designed to achieve a comparable but stronger result.
Read full article: https://www.manilatimes.net/2026/06/05/news/house-passes-bill-to-aid-ukraine-and-impose-new-sanctions-on-russia/2359431
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[2026-06-05 19:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Alarming Supply-Chain Stress Sends Transport Cost Soaring, Fueling Inflation Fears
Snippet: Nearly three weeks ago, UBS analyst Pierre Lafourcade reactivated his desk's supply-chain watch coverage after stress across global supply chains was "rising at its fastest pace since the early pandemic." That warning is now increasingly getting louder by the week, with ongoing disruptions around the Hormuz chokepoint and the resulting energy supply shock, pushing up input, freight, and other logistics costs across the global economy.
Read full article: https://www.zerohedge.com/markets/alarming-supply-chain-stress-sends-transport-cost-soaring-fueling-inflation-fears
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[2026-06-05 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China, South Korea boost commercial flights as tourism increases between the 2 countries
Snippet: The additional flights are the first increase between the two countries since before the Covid pandemic
Read full article: https://www.scmp.com/economy/global-economy/article/3356103/china-south-korea-boost-commercial-flights-tourism-increases-between-2-countries?utm_source=rss_feed
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[2026-06-05 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China, South Korea agree to more flights per week as tourism to Japan dwindles
Snippet: The additional flights are the first increase between the two countries since before the Covid pandemic
Read full article: https://www.scmp.com/economy/global-economy/article/3356103/china-south-korea-boost-commercial-flights-tourism-increases-between-2-countries
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[2026-06-05 18:43 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China pulled into public debate over subsidies by OECD report
Snippet: Steel rolls from China are seen after being unloaded at the port of Valparaiso, Chile, on July 10, 2025. © Reuters
Read full article: https://asia.nikkei.com/economy/china-pulled-into-public-debate-over-subsidies-by-oecd-report
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[2026-06-05 18:34 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: ‘China Shock 2.0’ could destroy Europe as we know it
Snippet: You have reached your maximum number of saved items.
Read full article: https://www.theage.com.au/business/the-economy/china-shock-2-0-could-destroy-europe-as-we-know-it-20260604-p603qj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-05 18:29 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Foreign selling drags Kospi down 5%, sends won to 17-year low
Snippet: Heavy foreign selling rattled South Korean markets on Friday, dragging the benchmark Kospi down more than 5 percent and driving the won to a 17-year low against the greenback.
Read full article: https://www.koreaherald.com/article/10764946
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[2026-06-05 18:27 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why are more Hong Kong youth not in education, work or training than Asian peers?
Snippet: Lawmakers and experts urge the government to expand training, especially in artificial intelligence, and review youth schemes to tackle emerging issues
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356091/why-are-more-hong-kong-youth-not-education-work-or-training-asian-peers?utm_source=rss_feed
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[2026-06-05 18:27 UTC+10:00] [Japan] [Factuality: 100]
Source: South China Morning Post
Title: Why are more Hong Kong youth not in education, work or training than Asian peers?
Snippet: Lawmakers and experts urge the government to expand training, especially in artificial intelligence, and review youth schemes to tackle emerging issues
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3356091/why-are-more-hong-kong-youth-not-education-work-or-training-asian-peers
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[2026-06-05 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: European CEOs more optimistic about business prospects in India than in China
Snippet: 34 per cent expect business conditions in China to improve by end of decade, while 63 per cent have positive expectations for India
Read full article: https://www.scmp.com/economy/global-economy/article/3356028/european-ceos-more-optimistic-about-business-prospects-india-china?utm_source=rss_feed
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[2026-06-05 18:00 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: European CEOs more optimistic about business prospects in India than in China
Snippet: 34 per cent expect business conditions in China to improve by end of decade, while 63 per cent have positive expectations for India
Read full article: https://www.scmp.com/economy/global-economy/article/3356028/european-ceos-more-optimistic-about-business-prospects-india-china
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[2026-06-05 16:45 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Indian central bank holds firm on key rate but raises inflation forecast
Snippet: India's inflation rate, a fundamental focus of the central bank, came in at 3.48% in April, below the RBI’s target of 4%. (Photo by Takanori Okabe)
Read full article: https://asia.nikkei.com/business/markets/currencies/indian-central-bank-holds-firm-on-key-rate-but-raises-inflation-forecast
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[2026-06-05 16:23 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: European stocks set for mixed open after global tech sell-off
Snippet: European stocks are set for a mixed open on Friday as investors monitor a global sell-off in chipmaking tech names.
Read full article: https://www.cnbc.com/2026/06/05/global-tech-sell-off-euopean-markets.html
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[2026-06-05 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s provinces turn to SOE profits after worst first-quarter fiscal stress since 2020
Snippet: Guangdong and Jiangsu are among those looking to tap state capital returns to shore up budgets
Read full article: https://www.scmp.com/economy/china-economy/article/3356047/chinas-provinces-turn-soe-profits-after-worst-first-quarter-fiscal-stress-2020?utm_source=rss_feed
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[2026-06-05 16:00 UTC+10:00] [Jiangsu] [Factuality: 100]
Source: South China Morning Post
Title: China’s provinces turn to SOE profits after worst first-quarter fiscal stress since 2020
Snippet: Guangdong and Jiangsu are among those looking to tap state capital returns to shore up budgets
Read full article: https://www.scmp.com/economy/china-economy/article/3356047/chinas-provinces-turn-soe-profits-after-worst-first-quarter-fiscal-stress-2020
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