Topic: Business — Neutral reports only

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[2026-05-11 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Singapore flags weaker tourism spending as global travel industry faces uncertainty
Snippet: Singapore, long viewed as a bellwether for the global economy, expects tourism spending to soften this year despite forecasting another increase in visitor arrivals, reflecting concerns that conflicts in the Middle East could weigh on consumer and business spending.
Read full article: https://www.cnbc.com/2026/05/11/singapore-expects-arrivals-to-increase-but-spending-to-decrease.html
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[2026-05-11 14:48 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Snippet: Indian Prime Minister Narendra Modi on Sunday urged citizens to curb fuel use, reduce overseas travel, and pause gold purchases, underscoring the severe impact of the Iran war on the economy.
Read full article: https://www.cnbc.com/2026/05/11/india-modi-fuel-gold-foreign-travel-middle-east-oil-shock.html
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[2026-05-11 14:17 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China's yuan hits three-year high days before Xi-Trump summit
Snippet: China's onshore yuan touched 6.79 per dollar in morning trading on May 11, its highest point since February 2023. © Reuters
Read full article: https://asia.nikkei.com/business/markets/currencies/china-s-yuan-hits-three-year-high-days-before-xi-trump-summit
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[2026-05-11 14:06 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Young Americans' job market optimism falls: new poll
Snippet: Commuters walk through a corridor in the World Trade Center Transportation Hub in New York on June 21, 2019. (AP Photo/Mark Lennihan, File)
Read full article: https://apnews.com/article/global-jobs-economy-poll-youth-older-adults-efa927fc1ddfb481294178becbbf3a1b
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[2026-05-11 14:03 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong chip stocks extend their rally as they ride the global semiconductor wave
Snippet: Gains in the sector are bucking broader market trends following a strong signal from Beijing that it is committed to chip self-sufficiency.
Read full article: https://www.scmp.com/business/markets/article/3353091/hong-kong-chip-stocks-extend-their-rally-they-ride-global-semiconductor-wave?utm_source=rss_feed
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[2026-05-11 14:03 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong chip stocks extend their rally as they ride the global semiconductor wave
Snippet: Gains in the sector are bucking broader market trends following a strong signal from Beijing that it is committed to chip self-sufficiency.
Read full article: https://www.scmp.com/business/markets/article/3353091/hong-kong-chip-stocks-extend-their-rally-they-ride-global-semiconductor-wave
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[2026-05-11 14:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Iraq's PM-designate confronts worst fiscal crisis in decade after Iran war oil shock | The National
Snippet: Ali Al Zaidi, Iraq's prime minister-designate, is inheriting an economy in free fall with the Iran war and oil supply collapse, as well as Washington's pressure on Baghdad, exacerbating long-delayed structural reforms.
Read full article: https://www.thenationalnews.com/business/energy/2026/05/11/iraqs-pm-designate-confronts-worst-fiscal-crisis-in-decade-after-iran-war-oil-shock/
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[2026-05-11 13:54 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s producer, consumer inflation up in April as Iran war pressures persist
Snippet: Factory-gate prices increased 2.8 per cent last month and consumer prices were up 1.2 per cent, surpassing expectations as fuel costs rise
Read full article: https://www.scmp.com/economy/economic-indicators/article/3353089/chinas-producer-consumer-inflation-april-iran-war-pressures-persist?utm_source=rss_feed
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[2026-05-11 13:54 UTC+10:00] [US-Israel war] [Factuality: 100]
Source: South China Morning Post
Title: China’s producer, consumer inflation up in April as Iran war pressures persist
Snippet: Factory-gate prices increased 2.8 per cent last month and consumer prices were up 1.2 per cent, surpassing expectations as fuel costs rise
Read full article: https://www.scmp.com/economy/economic-indicators/article/3353089/chinas-producer-consumer-inflation-april-iran-war-pressures-persist
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[2026-05-11 13:25 UTC+10:00] [Economy & Markets] [Factuality: 100]
Source: Michael West Media
Title: Housing crisis. Will Labor’s ‘great’ housing budget fix housing?
Snippet: Don't pay so you can read it. Pay so everyone can!
Read full article: https://michaelwest.com.au/housing-crisis-will-labors-great-housing-budget-fix-housing/
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[2026-05-11 13:15 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Hynix shares jump nearly 13%, driving KOSPI to record intraday high
Snippet: Relentless global rush into artificial intelligence-linked semiconductor stocks continues to propel Seoul's market.(Source photos by Reuters)
Read full article: https://asia.nikkei.com/business/markets/hynix-shares-jump-nearly-13-driving-kospi-to-record-intraday-high
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[2026-05-11 12:17 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging Middle East conflict
Snippet: U.S. President Donald Trump rejected Iran's counterproposal to end the 10-week war in the Middle East, calling it "totally unacceptable," while Tehran vowed to "never bow," prolonging a standoff that has choked the Strait of Hormuz and roiled global energy markets.
Read full article: https://www.cnbc.com/2026/05/11/iran-war-trump-negotiation-hormuz-nuclear-talks.html
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[2026-05-11 11:53 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Vietnam's workers power Japan Inc but face AI risks at home
Snippet: A Vietnamese technical trainee, left, works with a Japanese colleague at a manufacturing plant in Tobishima, Japan. October 2025. © Kyodo
Read full article: https://asia.nikkei.com/economy/vietnam-s-workers-power-japan-inc-but-face-ai-risks-at-home
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[2026-05-11 09:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month"
Snippet: While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest University of Michigan sentiment survey, Americans have literally never been more pessimistic).
Read full article: https://www.zerohedge.com/economics/kraft-heinz-ceo-consumers-are-literally-running-out-money-toward-end-month
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[2026-05-11 09:46 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Asia markets set to open mixed as oil jumps on Trump rejecting Iran proposa
Snippet: Asia-Pacific markets were set to open mixed Monday as higher oil prices and escalating tensions between the U.S. and Iran weighed on investor sentiment after President Donald Trump's rejected Tehran's latest proposal to end the war.
Read full article: https://www.cnbc.com/2026/05/11/asia-markets-today-live-updates-nikkei-kospi-hang-seng-sensex-csi-300-iran-hormuz.html
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[2026-05-11 07:02 UTC+10:00] [General] [Factuality: 92]
Source: ABC News
Title: Wall Street hits new highs while ASX set to slip
Snippet: It was onwards and upwards on Wall Street, with more positive corporate and economic news fuelling new record highs on Friday.
Read full article: https://www.abc.net.au/news/2026-05-11/asx-markets-business-news-live-updates/106663582
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[2026-05-11 07:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Natural rubber prices soar on Iran tensions, boosting Asian suppliers
Snippet: Natural rubber is made from latex, a milky white substance collected from rubber trees. Sri Trang Agro-Industry's Chief Executive Officer Veerasith Sinchareonkul says the Thai rubber group sees steady demand from tire makers. (Nikkei montage/Source photos by Lauren DeCicca and Getty Images)
Read full article: https://asia.nikkei.com/business/markets/trading-asia/natural-rubber-prices-soar-on-iran-tensions-boosting-asian-suppliers
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[2026-05-11 05:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Earnings Estimate Revisions Are Very Optimistic
Snippet: Authored by Lance Roberts via RealInvestmentAdvice.com,
Read full article: https://www.zerohedge.com/markets/earnings-estimate-revisions-are-very-optimistic
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[2026-05-11 05:44 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Sri Lanka and Viet Nam to strengthen digital economy cooperation
Snippet: In conjunction with the state visit of President of the Socialist Republic of Viet Nam, Tô Lâm to Sri Lanka, a special discussion on enhancing cooperation in the digital economy sector between the two countries was held Friday (8) between the Deputy Minister of Digital Economy, Eranga Weeraratne, and Nguyen The Trung, Member of the National Advisory Council of the 57th Steering Committee of Vietnam, at the Ministry of Digital Economy.
Read full article: https://dailynews.lk/2026/05/11/business/992432/sri-lanka-and-viet-nam-to-strengthen-digital-economy-cooperation/
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[2026-05-11 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Gem dollar reserves to inject liquidity to economy - DailyNews
Snippet: The All Ceylon Gem Miners and Dealers Association have introduced a proposal to maintain ‘Gem Dollar Reserves,’ similar to the gold and foreign exchange (USD) reserves currently held by the General Treasury of Sri Lanka.
Read full article: https://dailynews.lk/2026/05/11/local/992466/gem-dollar-reserves-to-inject-liquidity-to-economy/
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[2026-05-11 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: ‘PIC-Net’ launched to improve efficiency of Public Service - DailyNews
Snippet: As a key component of the Government’s Digital Economy Strategy, plans have been made to establish the Public Impact Champions Network (PIC-Net) with the aim of driving institutional-level digital transformation across the public sector.
Read full article: https://dailynews.lk/2026/05/11/local/992531/pic-net-launched-to-improve-efficiency-of-public-service/
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[2026-05-11 05:24 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to slip on war uncertainty; Oil steady
Snippet: The US stock market rose to records following the latest sign that the nation’s job market is doing better than economists expected.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-slip-on-war-uncertainty-oil-steady-20260511-p5zvix.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-11 05:00 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: Chalmers wants to fix inequality. But the latest figures show the wealth gap is growing
Snippet: A key indicator of household wealth has stagnated over the past five years as the gap between Australia’s richest households and everyone else widens.
Read full article: https://www.theage.com.au/business/the-economy/chalmers-wants-to-fix-inequality-but-the-latest-figures-show-the-wealth-gap-is-growing-20260510-p5zve4.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-11 04:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Spencer Pratt Surges In L.A. Mayoral Race As Democrats Grow Nervous
Snippet: Los Angeles mayoral candidate Spencer Pratt, best known for his role on MTV’s The Hills, is gaining traction on online prediction markets, including Polymarket and Kalshi, as well as local polling, after a series of viral campaign videos and last week’s mayoral debate.
Read full article: https://www.zerohedge.com/political/spencer-pratt-surges-la-mayoral-race-democrats-grow-nervous
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[2026-05-11 02:15 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Housing Market's Crucial "Spring Selling Season" Is In Tatters
Snippet: Authored by Wolf Richter via Wolf Street,
Read full article: https://www.zerohedge.com/economics/housing-markets-crucial-spring-selling-season-tatters
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[2026-05-11 01:05 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Winning? Do We Need To Understand UBI
Snippet: Submitted by Peter Tchir of Academy Securities
Read full article: https://www.zerohedge.com/markets/winning-do-we-need-understand-ubi
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[2026-05-11 00:18 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Small grocers’ neighbourhood links can help them beat price war, experts say
Snippet: Latest price war erupted ahead of Mother’s Day with ParknShop, Wellcome offering 12 per cent off for shoppers who met minimum spending threshold
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353063/small-grocers-neighbourhood-links-can-help-them-beat-price-war-experts-say?utm_source=rss_feed
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[2026-05-11 00:18 UTC+10:00] [Peter Shiu Ka-fai] [Factuality: 92]
Source: South China Morning Post
Title: Small grocers’ neighbourhood links can help them beat price war, experts say
Snippet: Latest price war erupted ahead of Mother’s Day with ParknShop, Wellcome offering 12 per cent off for shoppers who met minimum spending threshold
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353063/small-grocers-neighbourhood-links-can-help-them-beat-price-war-experts-say
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[2026-05-10 22:22 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: SEC delay on prediction markets ETFs echoes a long-fought bitcoin fund battle
Snippet: Prediction markets ETFs may soon be coming to retail investors and even into retirement plans, but maybe just not as fast as anticipated.
Read full article: https://www.cnbc.com/2026/05/10/sec-prediction-markets-etfs-trading-launch-delay.html
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[2026-05-10 20:33 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: The Return Of History: Deutsche On Gold, The Dollar, & The Monetary Future
Snippet: Authored by Mallika Sachdeva and Michael Hsueh via Deutsche Bank Research Institute,
Read full article: https://www.zerohedge.com/markets/return-history-deutsche-gold-dollar-monetary-future
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[2026-05-10 20:08 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: [Breaking] Korean-operated vessel in Hormuz was struck by unidentified flying object: Seoul
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10734669
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[2026-05-10 19:30 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows
Snippet: A series of well-timed market bets on falling oil prices totalling as much as $US7 billion ($9.6 billion) during March and April spread across multiple exchanges and types of fuel and derivatives just before major Iranian policy announcements by US President Donald Trump, according to traders, market experts and Reuters analysis of exchange data.
Read full article: https://www.theage.com.au/business/markets/oil-price-bets-ahead-of-iran-war-news-totalled-7-billion-reporting-shows-20260510-p5zveh.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-10 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s Comac looking to upgrade C919 flying experience with more cabin luggage capacity
Snippet: Aircraft maker reviewing new designs to challenge Boeing and Airbus and take better advantage of plane’s slightly wider fuselage
Read full article: https://www.scmp.com/economy/china-economy/article/3352901/chinas-comac-looking-upgrade-c919-flying-experience-more-cabin-luggage-capacity?utm_source=rss_feed
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[2026-05-10 18:00 UTC+10:00] [luggage compartments] [Factuality: 100]
Source: South China Morning Post
Title: China’s Comac looking to upgrade C919 flying experience with more cabin luggage capacity
Snippet: Aircraft maker reviewing new designs to challenge Boeing and Airbus and take better advantage of plane’s slightly wider fuselage
Read full article: https://www.scmp.com/economy/china-economy/article/3352901/chinas-comac-looking-upgrade-c919-flying-experience-more-cabin-luggage-capacity
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[2026-05-10 17:28 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong records 17% jump in investments led by machinery purchases, construction
Snippet: Finance chief Paul Chan says growth reflects improving property market, but concedes uneven recovery across different sectors
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353030/hong-kong-records-17-jump-investments-led-machinery-purchases-construction?utm_source=rss_feed
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[2026-05-10 17:28 UTC+10:00] [Southeast Asian] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong records 17% jump in investments led by machinery purchases, construction
Snippet: Finance chief Paul Chan says growth reflects improving property market, but concedes uneven recovery across different sectors
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353030/hong-kong-records-17-jump-investments-led-machinery-purchases-construction
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[2026-05-10 16:33 UTC+10:00] [All News] [Factuality: 90]
Source: The Korea Herald
Title: Defense Minister heads to US as Seoul seeks to tackle OPCON timeline, nuclear subs
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10734585
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[2026-05-10 16:28 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: H.eco Tech Festa 2026 casts climate tech as next growth market
Snippet: Forum brings together more than 500 executives, startup leaders and students for talks on circular economy, ESG strategy and green careers
Read full article: https://www.koreaherald.com/article/10734583
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[2026-05-10 16:00 UTC+10:00] [Cape Verde] [Factuality: 100]
Source: Guardian Australia
Title: Cape Verde bets on tech to reverse postcolonial brain drain
Snippet: African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economy
Read full article: https://www.theguardian.com/world/2026/may/10/cape-verde-tech-brain-drain
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[2026-05-10 15:26 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Pyongyang spotlights Moscow parade appearance, underscores Russia alliance
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10734555
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[2026-05-10 15:00 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Iran war disruptions spark higher costs and lost income in Bangladesh
Snippet: Tariqul Islam, a ride-share driver, waits in a long queue of petrol for his motorcycle in Dhaka, Bangladesh, Tuesday, April 23, 2026. (AP Photo/Abdul Goni)
Read full article: https://apnews.com/article/bangladesh-iran-war-fuel-price-economy-722a6fa78dbd69691e61f0b327743fb5
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[2026-05-10 14:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: What are currency swap lines and how do they work? | The National
Snippet: The potential for a US-UAE swap line is putting new focus on a tool that is considered to be central to the plumbing of the global financial system.
Read full article: https://www.thenationalnews.com/business/economy/2026/05/10/what-are-currency-swap-lines-and-how-do-they-work/
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[2026-05-10 10:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s AI drive seen widening wealth gap, testing ‘common prosperity’ push
Snippet: With Beijing’s ‘AI-plus’ plan looking to grow the nation’s digital economy, experts warn that hubs could further outpace rural regions, fuelling inequality
Read full article: https://www.scmp.com/economy/china-economy/article/3352918/chinas-ai-drive-seen-widening-wealth-gap-testing-common-prosperity-push?utm_source=rss_feed
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[2026-05-10 10:00 UTC+10:00] [Lynn Song] [Factuality: 100]
Source: South China Morning Post
Title: China’s AI drive seen widening wealth gap, testing ‘common prosperity’ push
Snippet: With Beijing’s ‘AI-plus’ plan looking to grow the nation’s digital economy, experts warn that hubs could further outpace rural regions, fuelling inequality
Read full article: https://www.scmp.com/economy/china-economy/article/3352918/chinas-ai-drive-seen-widening-wealth-gap-testing-common-prosperity-push
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[2026-05-10 09:50 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like
Snippet: Authored by Bryan Lutz via DollarCollapse.com,
Read full article: https://www.zerohedge.com/economics/civilian-military-economy-what-declining-empires-economy-looks
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[2026-05-10 08:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust
Snippet: Authored by David Stockman via InternationalMan.com,
Read full article: https://www.zerohedge.com/markets/when-persian-gulf-supply-shock-meets-warsh-fed-stagflation-coming-ai-bubble-bust
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[2026-05-10 07:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Commodity Supercycle: The Enemy Of The Bull Thesis
Snippet: Authored by Lance Roberts via RealInvestmentAdvice.com,
Read full article: https://www.zerohedge.com/markets/commodity-supercycle-enemy-bull-thesis
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[2026-05-10 06:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Dateflation": 40% Of Singles Are Going On Fewer Dates Due To High Costs
Snippet: Inflation is reshaping modern dating by making romantic outings more expensive and forcing many singles to be more intentional about how they spend, according to a new study from DealSeek.
Read full article: https://www.zerohedge.com/markets/dateflation-40-singles-are-going-fewer-dates-due-high-costs
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[2026-05-10 06:52 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan pushes for South American economic pact, eyeing energy resources
Snippet: Talks toward an economic partnership agreement with Mercosur would mark the first major free-trade negotiation for Japan under Prime Minister Sanae Takaichi. (Nikkei montage/Kyodo)
Read full article: https://asia.nikkei.com/economy/trade/japan-pushes-for-south-american-economic-pact-eyeing-energy-resources
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[2026-05-10 05:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Snippet: Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg.
Read full article: https://www.zerohedge.com/markets/wall-street-keeps-testing-ai-traders-most-are-still-underperforming
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