Topic: Business — Neutral reports only

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[2026-06-18 12:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Malaysia's Genting plans $20bn smart city in Johor-Singapore special zone
Snippet: A model of the planned Johor Tech Smart City is displayed during the project's launch event in the southern Malaysian state of Johor on June 12. (Photo by Kentaro Takeda)
Read full article: https://asia.nikkei.com/business/markets/property/malaysia-s-genting-plans-20bn-smart-city-in-johor-singapore-special-zone
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[2026-06-18 12:12 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: China’s $300 billion pile of bad consumer debt threatens economy
Snippet: As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing’s efforts to revive the world’s second-largest economy.
Read full article: https://www.japantimes.co.jp/business/2026/06/18/economy/china-300-billion-consumer-debt-economy/
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[2026-06-18 12:00 UTC+10:00] [Agriculture] [Factuality: 100]
Source: Politico
Title: Europe’s budget battle begins as leaders spar over China challenge
Snippet: BRUSSELS — It’s not easy being an EU leader. On Thursday, they’ll explore how to face down China's threat to the economy. On Friday, they’ll argue about who pays.
Read full article: https://www.politico.eu/article/europe-budget-battle-china-challenge/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-18 11:58 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Castro gives crucial backing to Cuba reforms
Snippet: Cuba's powerful ex-president Raul Castro on Wednesday threw his weight behind liberal reforms aimed at reviving the collapsing economy in the face of a crippling US blockade.
Read full article: https://www.koreaherald.com/article/10774577
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[2026-06-18 11:56 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: So far, so good: The Warsh era at the Fed gets underway
Snippet: June 18, 2026 — 11:56am
Read full article: https://www.theage.com.au/business/the-economy/so-far-so-good-the-warsh-era-at-the-fed-gets-underway-20260618-p607uv.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 10:52 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs
Snippet: Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete.
Read full article: https://www.zerohedge.com/markets/situation-has-become-unsustainable-apple-hike-prices-offset-soaring-memory-costs
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[2026-06-18 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong, Macau not rivals for tourist trade, industry leaders say
Snippet: Two cities offer distinct experiences and can benefit from sharing visitor flows, Macau Government Tourism Office chief says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357471/hong-kong-macau-not-rivals-tourist-trade-industry-leaders-say?utm_source=rss_feed
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[2026-06-18 10:30 UTC+10:00] [Global Tourism Economy Research Centre] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong, Macau not rivals for tourist trade, industry leaders say
Snippet: Two cities offer distinct experiences and can benefit from sharing visitor flows, Macau Government Tourism Office chief says
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357471/hong-kong-macau-not-rivals-tourist-trade-industry-leaders-say
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[2026-06-18 09:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: These Are The States Starting To Panic About AI Taking Over
Snippet: Residents of Washington state are more concerned about artificial intelligence replacing jobs than workers anywhere else in the United States, according to a new report released in June 2026. The study, conducted by IP address provider Floxy, comes amid growing concerns about workplace automation after more than 54,000 American jobs were reportedly lost to AI-related workforce reductions last year.
Read full article: https://www.zerohedge.com/markets/these-are-states-starting-panic-about-ai-taking-over
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[2026-06-18 09:21 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Fire Erupts At Massive Food Storage Warehouse In Southern California
Snippet: A large fire is ripping through a massive cold-storage facility in Boyle Heights, Southern California, a critical node in the region's cold-food supply chain.
Read full article: https://www.zerohedge.com/markets/fire-erupts-massive-food-storage-warehouse-southern-california
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[2026-06-18 09:08 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Warsh kicks off Fed chief era with sweeping review as rates remain unchanged
Snippet: WASHINGTON – Federal Reserve Chairman Kevin Warsh opened a new era of U.S. monetary policy on Wednesday, with officials agreeing to leave interest rates unchanged despite inflation stuck well above their target but also launching an ambitious review that could reshape how the central bank makes decisions and communicates with the public.
Read full article: https://www.japantimes.co.jp/business/2026/06/18/markets/warsh-fed-chief-era-rates/
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[2026-06-18 09:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why the US-Iran deal may fail to revive shipping through the Strait of Hormuz
Snippet: Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough
Read full article: https://www.scmp.com/economy/global-economy/article/3357429/why-us-iran-deal-may-fail-revive-shipping-through-strait-hormuz?utm_source=rss_feed
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[2026-06-18 09:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why the US-Iran deal may fail to revive shipping through the Strait of Hormuz
Snippet: Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough
Read full article: https://www.scmp.com/economy/global-economy/article/3357429/why-us-iran-deal-may-fail-revive-shipping-through-strait-hormuz
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[2026-06-18 08:45 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trade promotion body’s role evolving with Hong Kong’s economy
Snippet: As the Trade Development Council marks its 60th anniversary, its remit now reflects closer ties with the mainland and changes in the global economy
Read full article: https://www.scmp.com/opinion/comment/article/3357375/trade-promotion-bodys-role-evolving-hong-kongs-economy?utm_source=rss_feed
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[2026-06-18 08:45 UTC+10:00] [Hong Kong] [Factuality: 100]
Source: South China Morning Post
Title: Trade promotion body’s role evolving with Hong Kong’s economy
Snippet: As the Trade Development Council marks its 60th anniversary, its remit now reflects closer ties with the mainland and changes in the global economy
Read full article: https://www.scmp.com/opinion/comment/article/3357375/trade-promotion-bodys-role-evolving-hong-kongs-economy
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[2026-06-18 08:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals
Snippet: Rare earth stocks spiked on Wednesday after G7 leaders agreed to strengthen coordination on critical minerals as they seek to reduce dependence on China-dominated supply chains, according to a new report from Reuters.
Read full article: https://www.zerohedge.com/markets/rare-earth-stocks-pop-after-g7-unveils-plan-reduce-dependence-china-critical-minerals
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[2026-06-18 08:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle
Snippet: Needham analysts see increasing congressional support for drones and counter-drone technologies as lawmakers advance the latest FY27 National Defense Authorization Act and related appropriations bills. This is bullish for defense-tech "war unicorns" specializing in drones, robotics, autonomy, and counter-UAS systems, as the Trump war economy shifts into higher gear.
Read full article: https://www.zerohedge.com/military/great-news-war-unicorns-needham-finds-washington-support-drones-defense-bill
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[2026-06-18 06:57 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Yen falls after Fed decision, erasing intervention gains since April
Snippet: The Bank of Japan raised its policy rate to 1% on Tuesday, but the move had been largely priced in, limiting support for the yen. (Photo by Akira Kodaka)
Read full article: https://asia.nikkei.com/business/markets/currencies/yen-falls-after-fed-decision-erasing-intervention-gains-since-april
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[2026-06-18 06:57 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Kevin Warsh seeks overhaul of Federal Reserve operations as he takes over central bank | The National
Snippet: If there were any lingering questions over whether new Federal Reserve chairman Kevin Warsh would bring changes to the central bank, his first press conference answered them.
Read full article: https://www.thenationalnews.com/business/economy/2026/06/17/kevin-warsh-seeks-overhaul-of-federal-reserve-operations-as-he-takes-over-central-bank/
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[2026-06-18 06:55 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
Snippet: Chairman Kevin Warsh's 43-odd minutes at the Federal Reserve's podium Wednesday were intended to deliver the message that, slowly but surely, he will set about making the Fed quieter, more humble in its engagement with the markets and the economy, and — ultimately — laser-focused on inflation.
Read full article: https://www.cnbc.com/2026/06/17/kevin-warsh-fed-interest-rates-risk-analysis.html
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[2026-06-18 06:50 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: ASX to open down as new Fed chair leaves rates on hold
Snippet: Topic:Financial Markets
Read full article: https://www.abc.net.au/news/2026-06-18/biz-market-blog-18-6-2026-asx-to-open-down/106811928
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[2026-06-18 06:42 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
Snippet: The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn't like it, with major averages swooning after the meeting and as Warsh spoke in his news conference.
Read full article: https://www.cnbc.com/2026/06/17/here-are-the-five-big-takeaways-from-kevin-warshs-first-meeting-as-fed-chairman.html
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[2026-06-18 06:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
Snippet: The Trump administration is seeking a major increase in defense spending while simultaneously using executive authority to accelerate weapons production, reflecting growing concern over U.S. munitions inventories after the war with Iran, according to NBC.
Read full article: https://www.zerohedge.com/markets/trump-invokes-defense-production-act-us-moves-rebuild-weapons-stockpiles
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[2026-06-18 06:14 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: SoftBank, Rakuten bonds draw Japan retail investors chasing returns
Snippet: SoftBank Group and Rakuten have proven popular with retail investors looking to buy corporate bonds thanks to their relatively high yields. (Source photos by Nikkei)
Read full article: https://asia.nikkei.com/business/markets/bonds/softbank-rakuten-bonds-draw-japan-retail-investors-chasing-returns
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[2026-06-18 05:53 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Tokyo eyes more affordable housing in Shibuya with zoning rule change
Snippet: Condominium rents in central Tokyo rose about 8% on the year this May. (Photo by Sae Kamae)
Read full article: https://asia.nikkei.com/business/markets/property/tokyo-eyes-more-affordable-housing-in-shibuya-with-zoning-rule-change
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[2026-06-18 05:11 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set for flat start, Wall Street wobbles as Fed stays on hold, rate rise possible this year
Snippet: The US stock market is wavering after several officials at the Federal Reserve indicated they may raise interest rates before the end of the year.
Read full article: https://www.theage.com.au/business/markets/asx-set-for-flat-start-wall-street-wobbles-as-fed-stays-on-hold-rate-rise-possible-this-year-20260618-p607tm.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 05:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: First Iranian Oil Moves Past US Blockade Ahead Of Deal Signing
Snippet: By Tsvetana Paraskova of OilPrice.com
Read full article: https://www.zerohedge.com/markets/first-iranian-oil-moves-past-us-blockade-ahead-deal-signing
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[2026-06-18 04:48 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "The Kevin Warsh Era Has Arrived With A Bang": Wall Street Reacts To Warsh's First FOMC
Snippet: Below is a snapshot of several kneejerk reactions from some Wall street economists, strategists and traders:
Read full article: https://www.zerohedge.com/markets/wall-street-reacts-warshs-first-fomc
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[2026-06-18 04:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Watch Live: Kevin Warsh's First Press Conference As Fed Chair
Snippet: Warsh's first press conference as Fed Chair is likely to be the most important event risk of the meeting.
Read full article: https://www.zerohedge.com/markets/watch-live-kevin-warshs-first-press-conference-fed-chair
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[2026-06-18 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over
Snippet: Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability".
Read full article: https://www.zerohedge.com/markets/fomc-39
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[2026-06-18 04:04 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: US Fed holds interest rates on Iran war inflation bump | The National
Snippet: The US Federal Reserve held interest rates steady on Wednesday, as new chairman Kevin Warsh took the reins of an increasingly hawkish committee that is concerned with rising inflation exacerbated by the Iran war.
Read full article: https://www.thenationalnews.com/business/economy/2026/06/17/us-fed-holds-interest-rates-on-iran-war-inflation-bump/
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[2026-06-18 03:12 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan pension funds purchase foreign bonds at record levels
Snippet: Japanese pension fund managers are boosting their investments in foreign bonds to keep their portfolios stable. © Reuters
Read full article: https://asia.nikkei.com/business/markets/bonds/japan-pension-funds-purchase-foreign-bonds-at-record-levels
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[2026-06-18 02:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Early Signs Of A Turn In US Consumer Discretionary," UBS Says
Snippet: Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent crude forecasts, reinforcing the view that the war-risk premium is rapidly deflating.
Read full article: https://www.zerohedge.com/markets/early-signs-turn-us-consumer-discretionary-ubs-says
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[2026-06-18 01:29 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: UAE bourses hit highest levels in three months amid US-Iran peace deal optimism | The National
Snippet: Stock markets in Abu Dhabi and Dubai recorded their highest close in three months amid optimism generated by a US-Iran peace deal that has eased tensions across the Middle East.
Read full article: https://www.thenationalnews.com/business/markets/2026/06/17/uae-bourses-hit-highest-levels-in-three-months-amid-us-iran-peace-deal-optimism/
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[2026-06-18 00:54 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
Snippet: WASHINGTON (AP) — For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America.
Read full article: https://apnews.com/article/china-trade-exports-tariffs-trump-germany-1aad9c64ed2b209bea46c1bba4895946
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[2026-06-18 00:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Delta Air Lines adds Shanghai flights amid thaw in China-US economic relations
Snippet: Carrier says LA-Shanghai service is being expanded ‘in response to customer demand’
Read full article: https://www.scmp.com/economy/china-economy/article/3357428/delta-air-lines-adds-shanghai-flights-amid-thaw-china-us-economic-relations?utm_source=rss_feed
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[2026-06-18 00:30 UTC+10:00] [Detroit] [Factuality: 100]
Source: South China Morning Post
Title: Delta Air Lines adds Shanghai flights amid thaw in China-US economic relations
Snippet: Carrier says LA-Shanghai service is being expanded ‘in response to customer demand’
Read full article: https://www.scmp.com/economy/china-economy/article/3357428/delta-air-lines-adds-shanghai-flights-amid-thaw-china-us-economic-relations
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[2026-06-18 00:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Ease In Our Time
Snippet: By Micael Every, Global Strategist at Rabobank
Read full article: https://www.zerohedge.com/markets/ease-our-time
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[2026-06-17 23:57 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Leaders of S. Korea, Kenya hold talks on cooperation in economy, development
Snippet: EVIAN-LES-BAINS, France, June 17 (Yonhap) -- South Korean President Lee Jae Myung held summit talks with Kenyan President William Ruto on Wednesday on the sidelines of the Group of Seven summit in Evian-les-Bains, France, to discuss cooperation in the economy, development and other areas.
Read full article: https://en.yna.co.kr/view/AEN20260617009900315
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[2026-06-17 22:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock
Snippet: BMW shares cratered in Germany after the automaker warned investors it would slash its 2026 margin guidance to as low as 1%, down from a prior estimate of as high as 6%, amid weakening demand in China, Middle East-related pressures, rising energy costs, and a deteriorating consumer backdrop hitting sales and profitability.
Read full article: https://www.zerohedge.com/markets/radical-earnings-cut-jpmorgan-sounds-alarm-after-bmws-forecast-shock
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[2026-06-17 22:40 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled
Snippet: A employee works at a cash register in a grocery store in Schaumburg, Ill., Thursday, May 14, 2026. (AP Photo/Nam Y. Huh, File)
Read full article: https://apnews.com/article/retail-economy-consumer-spending-090206f028b12e15038265806355d75f
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[2026-06-17 22:37 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Despite Slumping Sentiment, US Retail Sales See Strongest Annual Rise Since Jan 2023
Snippet: Despite record low consumer sentiment and declining real wages, BofA's omniscient analysts forecast a blockbuster beat for US Retail Sales for both headline, core, and control group cohorts.
Read full article: https://www.zerohedge.com/markets/despite-slumping-sentiment-us-retail-sales-see-strongest-annual-rise-jan-2023
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[2026-06-17 22:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Fade Overnight Gains As Attention Turns To Kevin Warsh's First Fed Decision
Snippet: US futures are attempting to bounce back from yesterday’s losses on Wall Street led by Tech. As of 8:00am ET, Nasdaq 100 futures lead the charge, with gains of 0.5% versus 0.1% for the S&P 500 future, although both are off session highs. SpaceX’s post-IPO surge continues, with shares adding another 3% in the pre-market while Mag 7 are mixed: NVDA is up 0.4%, while GOOGL is down 0.5%.
Read full article: https://www.zerohedge.com/markets/futures-fade-overnight-gains-attention-turns-kevin-warshs-first-fed-decision
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[2026-06-17 22:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: A Social Media Ban For Minors Requires Data From Everyone
Snippet: Authored by Luke Nelson and Mike Campbell via The Epoch Times,
Read full article: https://www.zerohedge.com/markets/social-media-ban-minors-requires-data-everyone
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[2026-06-17 21:53 UTC+10:00] [Agriculture] [Factuality: 100]
Source: Politico
Title: Brussels blames national capitals and MEPs for stalling deregulation drive
Snippet: BRUSSELS — The European Commission's red-tape slashing mission could save the European economy billions of euros — but only if EU governments and lawmakers get out of its way.
Read full article: https://www.politico.eu/article/european-commission-blame-national-capitals-meps-deregulation-drive/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-17 21:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China accelerates digital yuan push as 26 banks join new cross-border platform
Snippet: The platform will make it easier to make cross-border e-CNY payments, with banks operating in Brazil, Qatar and Thailand among others already signed up
Read full article: https://www.scmp.com/economy/china-economy/article/3357430/china-accelerates-digital-yuan-push-26-banks-join-new-cross-border-platform?utm_source=rss_feed
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[2026-06-17 21:30 UTC+10:00] [Standard Chartered] [Factuality: 100]
Source: South China Morning Post
Title: China accelerates digital yuan push as 26 banks join new cross-border platform
Snippet: The platform will make it easier to make cross-border e-CNY payments, with banks operating in Brazil, Qatar and Thailand among others already signed up
Read full article: https://www.scmp.com/economy/china-economy/article/3357430/china-accelerates-digital-yuan-push-26-banks-join-new-cross-border-platform
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[2026-06-17 21:03 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Title: 'BOJ shadow governor' Bessent pushed for rate hike
Snippet: U.S. Treasury Secretary Scott Bessent, right, urged Japanese officials to raise the policy rate to avoid economic and financial disruptions. (Nikkei montage/Source photos by Nikkei)
Read full article: https://asia.nikkei.com/economy/bank-of-japan/boj-shadow-governor-bessent-pushed-for-rate-hike
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[2026-06-17 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why deeper China ties matter as Europe seeks to power its AI ambitions beyond America
Snippet: Euro architect Christian Noyer says Chinese capital can help Europe build AI, green industries and strategic autonomy as it revamps markets
Read full article: https://www.scmp.com/economy/policy/article/3357389/why-deeper-china-ties-matter-europe-seeks-power-its-ai-ambitions-beyond-america?utm_source=rss_feed
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[2026-06-17 21:00 UTC+10:00] [European Central Bank] [Factuality: 100]
Source: South China Morning Post
Title: Why deeper China ties matter as Europe seeks to power its AI ambitions beyond America
Snippet: Euro architect Christian Noyer says Chinese capital can help Europe build AI, green industries and strategic autonomy as it revamps markets
Read full article: https://www.scmp.com/economy/policy/article/3357389/why-deeper-china-ties-matter-europe-seeks-power-its-ai-ambitions-beyond-america
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