Topic: Business — Neutral reports only
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[2026-05-12 23:31 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: UK Prime Minister, Sir Keir Starmer, is on the brink this morning as The Telegraph reports that six Cabinet Ministers reportedly call on him privately to quit and the number of MPs on the record saying he must go reaches 84.
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[2026-05-12 23:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
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[2026-05-12 23:30 UTC+10:00] [Xi Jinping] [Factuality: 100]
Source: South China Morning Post
Snippet: Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
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[2026-05-12 23:21 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours.
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[2026-05-12 23:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: LONDON, United Kingdom — Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.
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[2026-05-12 22:53 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
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[2026-05-12 22:37 UTC+10:00] [US economy] [Factuality: 100]
Source: Guardian Australia
Snippet: Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
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[2026-05-12 22:30 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
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[2026-05-12 22:14 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
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[2026-05-12 21:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Hims & Hers shares tumbled in premarket trading in New York, the most in three months, after the company posted a first-quarter loss and revenue that missed analyst estimates tracked by Bloomberg, as costs rose amid a massive pivot from selling copycat GLP-1 drugs toward branded obesity drugs from Novo Nordisk and Eli Lilly.
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[2026-05-12 21:41 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Parliament House in Canberra. Treasurer Jim Chalmers says, "We're delivering a fairer tax system for workers, first home buyers and future generations." (Photo by Ken Kobayashi)
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[2026-05-12 21:39 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: BEIJING — Nvidia CEO Jensen Huang said it would be "a great honor" to travel to China with Donald Trump. But he isn't among the executives joining the U.S. president to meet Chinese President Xi Jinping — a sign the chipmaker's sales in one of its most important markets are unlikely to recover soon.
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[2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
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[2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
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[2026-05-12 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: eBay's board released a statement on Tuesday morning, rejecting GameStop CEO Ryan Cohen's unsolicited, non-binding acquisition proposal, calling it "neither credible nor attractive."
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[2026-05-12 20:35 UTC+10:00] [Economy & Markets] [Factuality: 100]
Source: Michael West Media
Snippet: Don't pay so you can read it. Pay so everyone can!
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[2026-05-12 20:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Japanese Prime Minister Sanae Takaichi, right, and U.S. Treasury Secretary Scott Bessent pose for photos at the prime minister's office in Tokyo on May 12. (Photo by Ken Suzuki)
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[2026-05-12 19:53 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Snippet: Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war
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[2026-05-12 19:35 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Snippet: Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness
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[2026-05-12 19:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
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[2026-05-12 19:30 UTC+10:00] [high-income groups] [Factuality: 100]
Source: South China Morning Post
Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
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[2026-05-12 19:07 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Snippet: You have reached your maximum number of saved items.
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[2026-05-12 18:30 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: Belgium is seeking to deepen defense and aerospace cooperation with South Korea as Korean defense exports rapidly expand across Europe and NATO markets amid growing geopolitical uncertainty and Europe’s rearmament drive.
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[2026-05-12 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
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[2026-05-12 18:00 UTC+10:00] [tokenised gold] [Factuality: 100]
Source: South China Morning Post
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
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[2026-05-12 17:14 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
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[2026-05-12 16:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
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.
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[2026-05-12 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
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[2026-05-12 16:00 UTC+10:00] [Europe] [Factuality: 100]
Source: South China Morning Post
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
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[2026-05-12 15:34 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the Strait of Hormuz.
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[2026-05-12 15:28 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: 10-year Japanese government bond yields jumped to 2.545% on May 12, a level not seen since June 1997. (Photo by Arisa Moriyama)
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[2026-05-12 15:15 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: LONDON — European stocks are expected to open in negative territory as prospects for a speedy resolution to the U.S.-Iran war appear increasingly remote.
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[2026-05-12 15:01 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Snippet: U.S. President Donald Trump is set to meet Chinese leader Xi Jinping in Beijing this week, as they look to preserve their trade truce. (Nikkei montage/Source photos by Reuters)
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[2026-05-12 14:43 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: As South Korea's and Taiwan's benchmark indexes surged to record highs this year — powered by Asia's trillion-dollar titans — it has raised concerns that their rallies are becoming dangerously dependent on a handful of artificial intelligence winners.
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[2026-05-12 14:18 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Currency traders react near a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, May 12, 2026. (AP Photo/Ahn Young-joon)
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[2026-05-12 13:09 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Traders’ catch-cry ‘Not a Chance Hormuz Opens’ replaces ‘Trump Always Chickens Out’ as grim predictions swirl over gridlock, oil prices
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[2026-05-12 13:09 UTC+10:00] [Agence France-Presse] [Factuality: 100]
Source: South China Morning Post
Snippet: Traders’ catch-cry ‘Not a Chance Hormuz Opens’ replaces ‘Trump Always Chickens Out’ as grim predictions swirl over gridlock, oil prices
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[2026-05-12 13:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- The South Korean economy is showing signs of recovery, thanks to robust semiconductor exports and improving consumption demand, but downside risks persist due to uncertainties surrounding the Middle East, a state-run think tank said Tuesday.
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[2026-05-12 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: New Iranian strikes on its Gulf neighbours, a dangerous stalemate in the Strait of Hormuz and an inconclusive cycle of proposal and counterproposal between Washington and Tehran are straining many Middle Eastern economies. Iraq – a crucial regional crossroads – has more to lose from this conflict than most.
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[2026-05-12 12:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Authored by Susan Crabtree via RealClearPolitics,
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[2026-05-12 12:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
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[2026-05-12 12:00 UTC+10:00] [South China Morning Post] [Factuality: 100]
Source: South China Morning Post
Snippet: Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
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[2026-05-12 11:59 UTC+10:00] [Business / The economy] [Factuality: 90]
Source: The Age
Snippet: May 12, 2026 — 11:59am
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[2026-05-12 11:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: India rejected Russia’s offer to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports.
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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Isuzu is a major investor in Thailand and remains committed as other Japanese companies scale back their expatriate staff in the Southeast Asian country. (Nikkei montage/Source photos by Rie Ishii)
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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: The administration of US President Donald Trump is providing 53.3 million barrels of crude oil from the US Strategic Petroleum Reserve to energy companies as part of a global effort to stabilise markets shaken by the conflict involving Iran, according to a Reuters report.
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[2026-05-12 09:41 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Asia-Pacific markets were set to open higher Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on "massive life support."
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[2026-05-12 08:21 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Snippet: Michael Burry, the investor made famous in The Big Short, is warning that the Nasdaq 100 Index is headed toward a dramatic reversal after a “parabolic” surge that has driven technology valuations to unsustainable heights and Wall Street to record levels.
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[2026-05-12 07:50 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: Australian shares are set to open higher after Wall Street edged to fresh records, with the S&P 500 notching another closing high as chipmakers rallied, even though most stocks in the index fell.
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[2026-05-12 07:20 UTC+10:00] [General] [Factuality: 95]
Source: Zero Hedge
Snippet: Wesley Edens, billionaire investor and co-owner of the Milwaukee Bucks, replied to a 2022 LinkedIn message from Changli Sophia Luo, a China-born founder of a small Manhattan nonprofit that produced interview videos. Their exchanges turned personal; by June 2023 they met at her apartment and had sex, according to the Wall Street Journal, citing prosectuors.
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