Topic: Business — Neutral reports only
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[2026-05-08 07:05 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American people.
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[2026-05-08 06:07 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: The UAE has again taken top ranking for adopting artificial intelligence, according to the 2026 Microsoft AI Economy Institute analysis.
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[2026-05-08 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Marking a significant milestone in Sri Lanka’s digital transformation journey, the National QR Payment Adoption Programme was recently launched with the objective of accelerating the country’s transition towards a cash-lite economy.
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[2026-05-08 05:17 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Snippet: The US stock market is hanging just below its records while oil prices keep dropping on hopes that a deal may be nearing to allow tankers to deliver crude once again from the Persian Gulf to customers.
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[2026-05-08 05:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Layoffs are spreading across crypto and fintech — and executives increasingly say AI is part of the reason, according to Bloomberg.
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[2026-05-08 05:00 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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[2026-05-08 04:46 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Unrealized gains in corporate rental properties in Japan rose 25% in five years. (Photo by Rie Ishii)
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[2026-05-08 04:35 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Tourism, which accounts for around 14 percent of Jordan’s economy, is facing a sharp downturn as the war disrupts travel across the region.
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[2026-05-08 04:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
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[2026-05-08 04:15 UTC+10:00] [Sherritt International] [Factuality: 100]
Source: South China Morning Post
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
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[2026-05-08 04:10 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Authored by Bryan Lutz via DollarCollapse.com,
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
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[2026-05-08 03:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Yesterday, Deutsche Bank's head of thematic research published his latest chartbook, "The Great 2026 Reset," which delves into the market and political implications of the Iran conflict (available here to pro subs).
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[2026-05-08 03:36 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: NEW YORK — McDonald's reported higher profits Thursday as the chain's value promotions and pop culture-oriented marketing efforts lifted sales in most leading markets.
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[2026-05-08 02:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Boeing shares rose in late-morning trading in New York after CNBC reported that CEO Kelly Ortberg will join President Trump on his trip to Beijing next week for talks with President Xi Jinping.
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[2026-05-08 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: IT is completely understandable to look at the current pump prices and wonder if we will ever see the significantly lower costs of the past again. The “rocket and feather” phenomenon, where prices climb rapidly during spikes but seem to “trickle down” agonizingly slowly, is not just a consumer frustration; it is a well-documented economic reality, particularly in deregulated markets like the Philippines.
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[2026-05-08 01:55 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Snippet: Planet Fitness shares crashed the most on record, according to Bloomberg data going back to 2015, after the budget gym operator slashed its full-year outlook, citing weaker-than-expected new-member sign-ups during the first quarter.
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[2026-05-08 01:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Over the weekend, we reported that in what some called a "watershed moment", Beijing ordered Chinese companies not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
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[2026-05-08 01:37 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Snippet: Russia’s economy contracted at the beginning of the year as weak business activity and declining oil and gas revenues strained public finances.
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[2026-05-08 01:25 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts."
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[2026-05-08 01:10 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Snippet: With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.
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[2026-05-08 00:50 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz.
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[2026-05-08 00:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: GameStop CEO Ryan Cohen revealed on X that his eBay account was suspended after he listed a pair of "used socks" on the auction website, a publicity stunt that comes as he pursues a $56 billion bid to acquire the online marketplace.
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[2026-05-08 00:10 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: While conventional wisdom, especially after Trump's counter-blockade of Iran's blockade, that the Strait of Hormuz is completely blocked, the reality is that the UAE is now running loaded crude tankers through the Iranian-controlled Strait of Hormuz with transponders switched off - just like sanctioned Iranian ghost fleets in the pre-war period - just to pry loose a fraction of the oil bottled up in the Gulf.
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[2026-05-08 00:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: US President Donald Trump is selling peace with Iran again. Leaks about draft memorandums and breakthrough talks are circulating, and the familiar choreography has resumed – inflated expectations, maximalist demands, brief rallies in energy markets and, eventually, strategic deadlock.
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[2026-05-07 23:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: U.S. authorities are investigating more than $2.6 billion in oil futures shorts that landed within minutes of major announcements tied to the 2026 U.S.-Iran conflict. The Department of Justice (DOJ) has joined the Commodity Futures Trading Commission (CFTC) in a widening inquiry into potential misuse of material non-public information in one of the most liquid and geopolitically sensitive commodity markets on earth, ABC News reports.
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[2026-05-07 23:46 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Hundreds of merchant ships remain bottled up in the Persian Gulf as the United States and Iran appear to be moving closer to an initial agreement to end the war. The Strait of Hormuz is the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as Iran has restricted movement through it and the U.S.
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[2026-05-07 23:42 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Can a nation remain on a permanent war footing and survive, even thrive?
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[2026-05-07 23:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Arm Holdings ADRs sank nearly 9% in premarket trading, on track for the largest intraday decline in almost a year, after the chip-architecture company reported softer-than-expected fiscal fourth-quarter royalty revenue tied to a slowdown in the smartphone industry, while assuring investors that data center demand can offset the slump.
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[2026-05-07 23:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Authored by Michael Snyder via The Economic Collapse blog,
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[2026-05-07 22:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)...
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[2026-05-07 22:33 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Indonesia hopes to stymie capital outflows by activation of its Bond Stabilization Fund. (Photo by Akira Kodaka)
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[2026-05-07 22:33 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Indonesia hopes to stymie capital outflows by activation of its Bond Stabilization Fund. (Photo by Akira Kodaka)
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[2026-05-07 22:28 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition
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[2026-05-07 22:28 UTC+10:00] [SMA] [Factuality: 100]
Source: South China Morning Post
Snippet: The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition
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[2026-05-07 22:27 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: The global market meltup is rolling on. US stock futures inch higher, but are off session highs, with oil falling for a third straight day as traders waited for updates on a potential US-Iran peace deal that would reopen oil flows through the Strait of Hormuz. As of 8:00am ET, S&P and Nasdaq futures were 0.1% higher, after the benchmarks notched back-to-back record highs.
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[2026-05-07 22:08 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: New report warns that rising conflicts, AI spending and energy security push are all expected to further increase global debt levels
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[2026-05-07 22:08 UTC+10:00] [United States] [Factuality: 100]
Source: South China Morning Post
Snippet: New report warns that rising conflicts, AI spending and energy security push are all expected to further increase global debt levels
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[2026-05-07 21:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Whirlpool shares crashed as much as 20% in premarket trading after the appliance maker slashed its full-year outlook and posted weaker-than-expected first-quarter results. Management directly blamed the three-month war in the Middle East for triggering a collapse in U.S. appliance demand.
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[2026-05-07 21:08 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market watchers told CNBC as prices ticked higher on Thursday.
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[2026-05-07 20:54 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: First phase of new scheme capped at 1,000 eateries, with successful applicants expected to be able to admit pets from July
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[2026-05-07 20:54 UTC+10:00] [dog] [Factuality: 100]
Source: South China Morning Post
Snippet: First phase of new scheme capped at 1,000 eateries, with successful applicants expected to be able to admit pets from July
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[2026-05-07 20:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
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[2026-05-07 20:00 UTC+10:00] [China State Railway Group] [Factuality: 100]
Source: South China Morning Post
Snippet: Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
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[2026-05-07 19:15 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Snippet: Japanese Finance Minister Satsuki Katayama has been warning that she is prepared to take "decisive action" against speculative yen selling. Market participants wonder if she might become overzealous. (Nikkei montage/Source photos by Lejun Wang and Sae Kamae)
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[2026-05-07 18:32 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: After multiple warnings against the "speculative" and "one-sided" currency moves, Japan's Ministry of Finance appears to have put its money where its mouth is and intervened in the yen during the country's Golden Week holiday. The first intervention, reportedly on April 30, came after the yen weakened past the politically sensitive 160 yen level, marking the first yen-buying operation since July 2024.
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[2026-05-07 18:22 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Snippet: Beijing is pushing for a stronger yuan to help globalise the currency, but the upswing could create issues for the country’s export giants
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[2026-05-07 18:22 UTC+10:00] [United Arab Emirates] [Factuality: 92]
Source: South China Morning Post
Snippet: Beijing is pushing for a stronger yuan to help globalise the currency, but the upswing could create issues for the country’s export giants
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[2026-05-07 18:12 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: This is The Manila Times, where we bring you stories that shape our world.
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