Topic: Business — Neutral reports only

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[2026-05-01 18:56 UTC+10:00] [Changsha] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s East Dam draws thousands for ‘golden week’ as lawmaker floats entry fee
Snippet: Tourists opt for ecotourism over traditional shopping after Unesco geopark receives widespread publicity on mainland Chinese social media
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352145/hong-kongs-east-dam-draws-thousands-golden-week-lawmaker-floats-entry-fee
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[2026-05-01 18:41 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Prabowo announces cut to ride-hailing app fees in Indonesia
Snippet: A woman in Jakarta discusses a ride with a Gojek driver: Indonesian President President Prabowo Subianto has vowed to cut ride-hailing platforms' fees to help drivers. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/economy/prabowo-announces-cut-to-ride-hailing-app-fees-in-indonesia
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[2026-05-01 17:29 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Yen jumps again against dollar for second day amid intervention talk
Snippet: Japan’s vice finance minister on May 1 issued a warning against possible speculative currency trading. (Photo by Jo Ishibuchi)
Read full article: https://asia.nikkei.com/business/markets/currencies/yen-jumps-again-against-dollar-for-second-day-amid-intervention-talk
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[2026-05-01 17:29 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Yen surges to 155 versus dollar for second day amid intervention talk
Snippet: The yen rose strongly against the dollar for a second straight day on Friday. (Photo by Nanami Sato)
Read full article: https://asia.nikkei.com/business/markets/currencies/yen-surges-to-155-versus-dollar-for-second-day-amid-intervention-talk
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[2026-05-01 17:16 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hongkongers flock to Shenzhen for ‘better’ Labour Day dining and attractions
Snippet: Residents pack border crossings on first day of ‘golden week’, lured by attentive dining service, lower costs and family-friendly attractions
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352132/hongkongers-flock-shenzhen-better-labour-day-dining-and-attractions?utm_source=rss_feed
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[2026-05-01 17:16 UTC+10:00] [Cherry Chan] [Factuality: 100]
Source: South China Morning Post
Title: Hongkongers flock to Shenzhen for ‘better’ Labour Day dining and attractions
Snippet: Residents pack border crossings on first day of ‘golden week’, lured by attentive dining service, lower costs and family-friendly attractions
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352132/hongkongers-flock-shenzhen-better-labour-day-dining-and-attractions
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[2026-05-01 16:46 UTC+10:00] [Editors' Pick] [Factuality: 90]
Source: Rappler
Title: [In This Economy] Authoritarian nostalgia, garapal corruption, and Dutertismo
Snippet: This is AI generated summarization, which may have errors. For context, always refer to the full article.
Read full article: https://www.rappler.com/voices/thought-leaders/in-this-economy-authoritarian-nostalgia-corruption-dutertismo/
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[2026-05-01 16:36 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: CNBC Daily Open: May Day dawns
Snippet: Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Read full article: https://www.cnbc.com/2026/05/01/cnbc-daily-open-may-day-dawns.html
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[2026-05-01 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: How China is using AI – and state funding – to transform the micro drama industry
Snippet: In China, micro drama companies are harnessing AI to create shows at jaw-dropping speed and cost – often with the help of lavish subsidies
Read full article: https://www.scmp.com/economy/china-economy/article/3352019/how-china-using-ai-and-state-funding-transform-micro-drama-industry?utm_source=rss_feed
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[2026-05-01 16:00 UTC+10:00] [iQiyi] [Factuality: 100]
Source: South China Morning Post
Title: How China is using AI – and state funding – to transform the micro drama industry
Snippet: In China, micro drama companies are harnessing AI to create shows at jaw-dropping speed and cost – often with the help of lavish subsidies
Read full article: https://www.scmp.com/economy/china-economy/article/3352019/how-china-using-ai-and-state-funding-transform-micro-drama-industry
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[2026-05-01 15:52 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Labour Day tourists gain deeper awareness of corals amid government promotion push
Snippet: Mainland Chinese visitors to Sharp Island in Sai Kung say they left with a greater understanding of corals, but noted limited promotion beyond key points
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352121/labour-day-tourists-gain-deeper-awareness-corals-amid-government-promotion-push?utm_source=rss_feed
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[2026-05-01 15:52 UTC+10:00] [golden week] [Factuality: 100]
Source: South China Morning Post
Title: Labour Day tourists gain deeper awareness of corals amid government promotion push
Snippet: Mainland Chinese visitors to Sharp Island in Sai Kung say they left with a greater understanding of corals, but noted limited promotion beyond key points
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352121/labour-day-tourists-gain-deeper-awareness-corals-amid-government-promotion-push
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[2026-05-01 15:09 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Iran's unprecedented internet shutdown is crushing businesses
Snippet: Fashion designer Amen Khademi takes a photo with her cellphone of model Farnaz Ojaghloo wearing a jacket she designed with Persian-inspired motifs at her studio in Tehran, Iran, Thursday, April 23, 2026. (AP Photo/Vahid Salemi)
Read full article: https://apnews.com/article/iran-us-war-internet-business-economy-online-9e1cc7c871cfea25978e3e518065cc26
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[2026-05-01 14:52 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Apple beats estimates as MacBook boom offsets iPhone supply crunch | The National
Snippet: Apple on Thursday reported results that beat Wall ​Street estimates, with customers showing eagerness to buy a new MacBook model driven by incoming chief executive John Ternus, while supply constraints hindered iPhone sales.
Read full article: https://www.thenationalnews.com/business/markets/2026/05/01/apple-beats-estimates-as-macbook-boom-offsets-iphone-supply-crunch/
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[2026-05-01 13:43 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's top currency diplomat implies yen drama may not be over
Snippet: Japan’s vice finance minister on May 1 issued a warning against possible speculative currency trading. (Photo by Jo Ishibuchi)
Read full article: https://asia.nikkei.com/business/markets/currencies/japan-s-top-currency-diplomat-implies-yen-drama-may-not-be-over
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[2026-05-01 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: The UAE's preparedness mindset has deep roots | The National
Snippet: Dr Amna Al Dahak, the UAE’s Minister of Climate Change and Environment, recently spoke to The National about how the country was strengthening its home-grown food production. The Emirates, she said, is “not waiting for a crisis to happen to design our strategy”.
Read full article: https://www.thenationalnews.com/opinion/editorial/2026/05/01/uae-food-security-supply-chains-economy-water-medicine/
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[2026-05-01 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Resilience and investment are key themes of Make it in the Emirates summit | The National
Snippet: Resilience will be the buzz word when policymakers, senior government officials and business leaders gather in Abu Dhabi next week for the Make it in the Emirates summit.
Read full article: https://www.thenationalnews.com/business/economy/2026/05/01/resilience-and-investment-are-key-themes-of-make-it-in-the-emirates-summit/
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[2026-05-01 13:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Saudi Arabia Public Investment Fund To Stop Funding LIV Golf After 2026 Season
Snippet: LIV Golf is preparing to inform players and staff that its main financial backer, Saudi Arabia’s Public Investment Fund, will stop funding the league after the 2026 season, according to Golfweek. The announcement—expected midweek—would open the door for CEO Scott O'Neil to pursue new investment to keep the tour running.
Read full article: https://www.zerohedge.com/markets/saudi-arabia-public-investment-fund-stop-funding-liv-golf-after-2026-season
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[2026-05-01 12:50 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Shares gain and oil prices steady at $111 a barrel
Snippet: FIL:E - The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
Read full article: https://apnews.com/article/stocks-markets-oil-iran-trump-906fc294e936b548ee3993af4664f8e8
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[2026-05-01 12:00 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: L3Harris' Missile Business Files To Go Public As Trump's War Economy Prepares For Launch
Snippet: We have been diligently tracking the Trump administration's war-economy mobilization across the homeland, from the rise of so-called "war unicorns" favored by the Department of War to Trump officials talking with GM, Ford, GE Aerospace, and Oshkosh about converting underused civilian industrial capacity into weapons production. The signal to investors is becoming hard to miss: the Trump administration is preparing to expand the defense industrial base at scale to refill depleted weapons stockpiles.
Read full article: https://www.zerohedge.com/military/l3harris-missile-business-files-go-public-trumps-war-economy-prepares-launch
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[2026-05-01 11:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Why governments beyond Hong Kong are wary of prediction markets
Snippet: Lack of oversight allows prediction platforms to recast weighty issues as wagers and take bets from those exploiting privileged information
Read full article: https://www.scmp.com/opinion/hong-kong-opinion/article/3351875/why-governments-beyond-hong-kong-are-wary-prediction-markets?utm_source=rss_feed
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[2026-05-01 11:30 UTC+10:00] [Cboe Volatility Index] [Factuality: 100]
Source: South China Morning Post
Title: Why governments beyond Hong Kong are wary of prediction markets
Snippet: Lack of oversight allows prediction platforms to recast weighty issues as wagers and take bets from those exploiting privileged information
Read full article: https://www.scmp.com/opinion/hong-kong-opinion/article/3351875/why-governments-beyond-hong-kong-are-wary-prediction-markets
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[2026-05-01 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Yacht tourists, hikers drive ‘golden week’ optimism for Hong Kong eateries
Snippet: Industry leader says 5 per cent year-on-year increase in business expected, adding that operators have ramped up manpower to cope with influx
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352073/yacht-tourists-hikers-drive-golden-week-optimism-hong-kong-eateries?utm_source=rss_feed
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[2026-05-01 10:30 UTC+10:00] [scmp] [Factuality: 100]
Source: South China Morning Post
Title: Yacht tourists, hikers drive ‘golden week’ optimism for Hong Kong eateries
Snippet: Industry leader says 5 per cent year-on-year increase in business expected, adding that operators have ramped up manpower to cope with influx
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352073/yacht-tourists-hikers-drive-golden-week-optimism-hong-kong-eateries
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[2026-05-01 10:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Massive Lithium Lode In Appalachia Could Power 130 Million EVs: USGS
Snippet: America's worrisome dependency on foreign sources of lithium could become a thing of the past: About 328 years' worth of last year's lithium imports is buried in Appalachia, according to a new analysis published by the US Geological Survey (USGS). That's about 2.3 million metric tons of undiscovered but economically recoverable lithium -- aka "white gold."
Read full article: https://www.zerohedge.com/markets/massive-lithium-lode-appalachia-could-power-130-million-evs-usgs
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[2026-05-01 10:05 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: Qantas, Jetstar extend cuts to domestic, NZ flights as fuel crisis bites
Snippet: Qantas is extending cuts to domestic flights by three months and Jetstar is cutting flights to New Zealand as the fuel crisis from the US-Iran war continues to bite.
Read full article: https://www.theage.com.au/business/the-economy/qantas-jetstar-extend-cuts-to-domestic-nz-flights-as-fuel-crisis-bites-20260430-p5zsf1.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-01 10:05 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints
Snippet: Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand.
Read full article: https://www.zerohedge.com/markets/hershey-ceo-says-glp-1-boom-fuels-demand-gum-and-mints
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[2026-05-01 09:53 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Australia and Japan markets set to climb, looking past Iran war escalation fears
Snippet: Markets in Australia and Japan were set to climb Tuesday, mirroring gains on Wall Street that saw both the S&P 500 and Nasdaq Composite reach new highs.This comes as investors took in strong earnings from Apple and Caterpillar, looking past weaker-than-expected economic data and threats of escalation in Iran by U.S.
Read full article: https://www.cnbc.com/2026/05/01/asia-markets-today-asx-200-nikkei-225-labor-day-live-updates.html
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[2026-05-01 09:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project
Snippet: Compass Datacenters has decided to withdraw from its plan to develop a major data-center corridor in Northern Virginia after spending years pursuing approvals and investing tens of millions of dollars, according to Bloomberg.
Read full article: https://www.zerohedge.com/markets/here-come-cancellations-brookfield-backed-compass-pulls-out-major-northern-virginia-data
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[2026-05-01 07:30 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars
Snippet: With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households.
Read full article: https://www.zerohedge.com/markets/goldman-maps-retailer-exposure-working-poor-consumers-gas-soars
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[2026-05-01 07:16 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Wall Street surges despite Meta and Microsoft dives, ASX set for strong rebound
Snippet: Global investors are again embracing risk with strong rallies in equity markets across the US and Europe as oil prices retreated from four-year highs.
Read full article: https://www.abc.net.au/news/2026-05-01/asx-markets-business-news-live-updates-may-1/106628544
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[2026-05-01 07:07 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Snippet: Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few weeks).
Read full article: https://www.zerohedge.com/markets/apple-drops-after-mixed-results-america-europe-revenue-miss-iphone-sales-disappoint-china
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[2026-05-01 06:59 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: US economy grows 2% as layoffs plunge to 55-year low, inflation lingers
Snippet: Fresh data showed the US economy grew at a 2% annualized pace in the first quarter while core inflation rose 3.2% year-over-year in March as data shows a resilient, if uneven, recovery.
Read full article: https://nypost.com/2026/04/30/business/us-economy-grows-2-as-layoffs-plunge-to-55-year-low-inflation-lingers/
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[2026-05-01 05:19 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to surge as Wall Street rises, oil retreats; Meta tumbles; $A jumps
Snippet: Oil prices whipsawed and surged toward their highest levels since the war with Iran began, only for the leaps to quickly vanish. The US stock market, meanwhile, is rising following strong profit reports from big companies like Alphabet.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-surge-as-wall-street-rises-oil-retreats-meta-tumbles-a-jumps-20260501-p5zss2.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-01 05:00 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: Housing isn’t just a young people problem. We know how this story ends
Snippet: You have reached your maximum number of saved items.
Read full article: https://www.theage.com.au/business/the-economy/housing-isn-t-just-a-young-people-problem-we-know-how-this-story-ends-20260430-p5zsiq.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-01 04:45 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Senate bans its own members and staff from betting in prediction markets
Snippet: An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington, April 1, 2026. (AP Photo/Allison Robbert, File)
Read full article: https://apnews.com/article/senate-prediction-markets-betting-congress-ban-f067c97278654caeacd9e336b5474f1d
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[2026-05-01 04:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Sternlicht's Starwood Real Estate Fund Gates Redemptions
Snippet: Earlier this month, when much of the attention was largely focused on private credit, we warned that one of the old, familiar credit market time-bombs, commercial real estate which for many years had been penned as the "Next Big Short", was deteriorating rapidly: according to the latest TREPP CMBS monthly report, March saw a surge in the CMBS delinquency rate, which jumped by 41bps to 7.55%, the highest in years, led by a surge in the lodging rate, a category
Read full article: https://www.zerohedge.com/markets/sternlichts-starwood-real-estate-fund-gates-redemptions
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[2026-05-01 03:07 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: U.S. senators ban themselves from prediction markets trading
Snippet: The U.S. Senate on Thursday unanimously passed a rule barring senators from trading on prediction markets effective immediately.
Read full article: https://www.cnbc.com/2026/04/30/senate-prediction-markets-trading-ban-kalshi-polymarket.html
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[2026-05-01 02:47 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far
Snippet: Gasoline prices are displayed at a Mobil gas station on Wednesday, April 29, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
Read full article: https://apnews.com/article/economy-gas-prices-jobs-iran-4f33f5a6b1427ab1e40bb8a879d69e1b
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[2026-05-01 02:42 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's naphtha supply can last beyond 2026, Takaichi says
Snippet: Japanese Prime Minister Sanae Takaichi spoke about the naphtha supply situation on April 30. (Photo by Ken Suzuki)
Read full article: https://asia.nikkei.com/business/markets/commodities/japan-s-naphtha-supply-can-last-beyond-2026-takaichi-says
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[2026-05-01 02:22 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: US economy grew 2% despite Iran war — but Americans’ spending slowed
Snippet: The US economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown. But the outlook is clouded by the Iran war.
Read full article: https://nypost.com/2026/04/30/business/gdp-grew-at-a-2-rate-in-first-quarter-despite-iran-war/
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[2026-05-01 02:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Breaking The Stalemate
Snippet: By Bas van Geffen, Senior Macro strategist at Rabobank
Read full article: https://www.zerohedge.com/markets/breaking-stalemate
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[2026-05-01 01:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: The Most Splendid Housing Bubbles In America
Snippet: Authored by Wolf Richter via Wolf Street,
Read full article: https://www.zerohedge.com/markets/most-splendid-housing-bubbles-america
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[2026-05-01 01:09 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: US economy grew two per cent between January and March
Snippet: May 1, 2026 01:09 | News
Read full article: https://michaelwest.com.au/us-economy-grew-two-per-cent-between-january-and-march/
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[2026-05-01 01:01 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: UAE-South Korean Cepa takes effect in boost to economic ties | The National
Snippet: The UAE and South Korea have formally enacted their Comprehensive Economic Partnership Agreement, the first of its kind Seoul has signed with a country in the Middle East and North Africa.
Read full article: https://www.thenationalnews.com/business/economy/2026/04/30/uae-south-korean-cepa-takes-effect-in-boost-to-economic-ties/
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[2026-05-01 01:00 UTC+10:00] [Australian economy] [Factuality: 100]
Source: Guardian Australia
Title: The chips are down: pizza, fried chicken and doughnut shares plunge on ASX as living costs bite budgets
Snippet: Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit falls
Read full article: https://www.theguardian.com/business/2026/apr/30/asx-fast-food-shares-down-cost-of-living-australia-dominos-kfc
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[2026-05-01 01:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Is China’s Manus block a warning for other AI firms with global ambitions?
Snippet: State media has cast the deal as a security concern, while stressing Beijing remains open to foreign investment
Read full article: https://www.scmp.com/economy/china-economy/article/3352005/chinas-manus-block-warning-other-ai-firms-global-ambitions?utm_source=rss_feed
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[2026-05-01 01:00 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Is China’s Manus block a warning for other AI firms with global ambitions?
Snippet: State media has cast the deal as a security concern, while stressing Beijing remains open to foreign investment
Read full article: https://www.scmp.com/economy/china-economy/article/3352005/chinas-manus-block-warning-other-ai-firms-global-ambitions
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[2026-05-01 00:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: California Gas Tops $6 As "Big Prices Hike Expected" Across Great Lakes Region
Snippet: The statewide average for 87-octane gasoline in California has topped $6 a gallon as the Iran-war-driven global energy crunch ripples across the West Coast, the hardest-hit U.S. region. Meanwhile, the national average remains above the politically sensitive $4-a-gallon threshold, hovering around $4.30, according to AAA data as of Thursday morning.
Read full article: https://www.zerohedge.com/markets/california-gas-tops-6-big-prices-hike-expected-across-great-lake-region
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[2026-05-01 00:33 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: Mortgages, bills and jobs: Five takeaways from the Bank of England meeting
Snippet: The Bank of England has revealed some interesting details on the ways our finances might be affected as the conflict in the Middle East hits the economy.
Read full article: https://www.bbc.com/news/articles/cg4pqe1zzgqo?at_medium=RSS&at_campaign=rss
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