[2026-05-05 15:01 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Fee, prize caps proposed for claw machines amid ‘deceptive design’ concerns

Snippet: Lawmakers suggest capping plays at HK$5 and prizes at HK$300 as first step, while calling for a balance between user protection and industry development

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352447/fee-prize-caps-proposed-claw-machines-amid-deceptive-design-concerns?utm_source=rss_feed

[2026-05-05 15:01 UTC+10:00] [user addiction] [Factuality: 100]

Source: South China Morning Post

Title: Fee, prize caps proposed for claw machines amid ‘deceptive design’ concerns

Snippet: Lawmakers suggest capping plays at HK$5 and prizes at HK$300 as first step, while calling for a balance between user protection and industry development

Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352447/fee-prize-caps-proposed-claw-machines-amid-deceptive-design-concerns

[2026-05-05 14:53 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: More than 85% of Iran's drone strikes on UAE thwarted by Edge defence systems | The National

Snippet: More than 85 per cent of Iranian drones that were launched at the UAE were eliminated by Edge Group’s defence systems, the UAE defence conglomerate has said.

Read full article: https://www.thenationalnews.com/business/economy/2026/05/05/more-than-85-of-irans-drone-strikes-on-uae-thwarted-by-edge-defence-systems/

[2026-05-05 14:51 UTC+10:00] [General] [Factuality: 100]

Source: New York Post

Title: Knicks, Jalen Brunson exposed 76ers’ Joel Embiid problem with Game 1 masterpiece

Snippet: If he’s gonna play like this, Joel Embiid should issue a retraction. Tell Sixers fans to sell their tickets while they still can. Get that money on the secondary market.

Read full article: https://nypost.com/2026/05/05/sports/knicks-jalen-brunson-exposed-76ers-joel-embiid-problem/

[2026-05-05 14:50 UTC+10:00] [Business] [Factuality: 100]

Source: Rappler

Title: Philippine inflation surges to 7.2% in April 2026 as oil crisis deepens

Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.

Read full article: https://www.rappler.com/business/inflation-rate-philippines-april-2026/

[2026-05-05 14:40 UTC+10:00] [General] [Factuality: 100]

Source: ABC News

Title: Reserve Bank lifts interest rates by another 0.25pc, to 4.35pc

Snippet: Interest rates are now back at the same level as February 2025, before the Reserve Bank began its rate-cutting cycle. (ABC News: Daniel Irvine)

Read full article: https://www.abc.net.au/news/2026-05-05/reserve-bank-lifts-interest-rates-by-0-25pc-to-4-35pc/106639202

[2026-05-05 14:33 UTC+10:00] [General] [Factuality: 92]

Source: CNBC

Title: Australia central bank raises rates to highest since 2024 as inflation stays elevated

Snippet: Australia's central bank on Tuesday raised its policy rate to 4.35%, its highest level since December 2024, amid elevated inflation.

Read full article: https://www.cnbc.com/2026/05/05/australia-central-bank-rate-hike-inflation-rba.html

[2026-05-05 14:31 UTC+10:00] [Politics / Federal] [Factuality: 100]

Source: The Age

Title: Reserve Bank raises interest rates for third time this year

Snippet: The Reserve Bank has lifted interest rates as insurance against an inflation breakout from the Iran war, while warning that higher oil prices risk pushing the economy to the brink of a per-person recession.

Read full article: https://www.theage.com.au/politics/federal/reserve-bank-raises-interest-rates-for-third-time-this-year-20260505-p5ztup.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-05 14:31 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: US futures gain and Asian shares slip as oil prices fall back

Snippet: A train arrives at a Wall Street subway station in New York’s Financial District on Nov. 5, 2024. (AP Photo/Peter Morgan, File)

Read full article: https://apnews.com/article/stocks-markets-trump-oil-iran-e1c194b5266c4eb58dc993cc4a9f9b50

[2026-05-05 14:28 UTC+10:00] [General] [Factuality: 100]

Source: Nikkei Asia

Title: Indonesia posts 5.61% GDP growth in first quarter, buoyed by Eid spending

Snippet: Millions of Indonesian Muslims traveled to their hometowns for Eid al-Fitr, which fell in late March this year. Increased household spending during the holiday helped the economy grow 5.61% on an annualized basis in the first quarter of 2026. © Reuters

Read full article: https://asia.nikkei.com/economy/indonesia-posts-5.61-gdp-growth-in-first-quarter-buoyed-by-eid-spending

[2026-05-05 14:10 UTC+10:00] [Technology] [Factuality: 100]

Source: Rappler

Title: OpenAI co-founder discloses nearly $30-billion stake, financial ties to Altman

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/technology/openai-profit-seeking-trial-updates-may-4-2026/

[2026-05-05 14:01 UTC+10:00] [General] [Factuality: 100]

Source: New York Post

Title: California finally agrees State Farm broke the law — but residents still haven’t been paid

Snippet: Eaton and Palisades Fire survivors have demanded action for 16 months. And the California Department of Insurance has finally released its market conduct exam of State Farm.

Read full article: https://nypost.com/2026/05/05/opinion/california-vs-state-farm-better-late-than-never/

[2026-05-05 13:54 UTC+10:00] [Business / Banking & finance] [Factuality: 100]

Source: The Age

Title: Westpac raises buffers for bad loans as it braces for slowdown

Snippet: Westpac has raised its buffers for soured loans as it prepares for a weakening in the economy due to the Middle East war, even as its latest results showed fewer borrowers were struggling with repayments.

Read full article: https://www.theage.com.au/business/banking-and-finance/westpac-raises-buffers-for-bad-loans-as-it-braces-for-slowdown-20260505-p5ztws.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-05 13:21 UTC+10:00] [Finance] [Factuality: 100]

Source: 9News

Title: Millions of Aussies banking on slim chance of RBA reprieve

Snippet: The Reserve Bank of Australia is about to hand down its May interest rate decision, and is widely expected to deliver a third-straight increase.

Read full article: https://www.9news.com.au/finance/rba-interest-rates-live-updates-may-2026-decision-latest-news-headlines/712337f5-b510-4280-9a17-a45d7826e847

[2026-05-05 13:15 UTC+10:00] [General] [Factuality: 100]

Source: ABC News

Title: Winners and losers of Victoria's budget

Snippet: Victorians are feeling the global pressures of war in the Middle East, inflation and interest rates.

Read full article: https://www.abc.net.au/news/2026-05-05/victoria-2026-budget-winners-and-losers/106627828

[2026-05-05 13:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: RAK Ceramics offsets loss of exports with rise in domestic market sales, CEO says | The National

Snippet: RAK Ceramics is offsetting the Iran-war-driven slowdown in exports with a pivot to the domestic market, where the push for new developments to be completed on time is supporting sales, its chief executive has said.

Read full article: https://www.thenationalnews.com/business/economy/2026/05/05/rak-ceramics-offsets-loss-of-exports-with-rise-in-domestic-market-sales-ceo-says/

[2026-05-05 13:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: The UAE is building to secure its sovereignty | The National

Snippet: At a time of heightened uncertainty in the Middle East, a closer look at the UAE this week offers a glimpse of how one country is articulating a new way forward.

Read full article: https://www.thenationalnews.com/opinion/editorial/2026/05/05/uae-industry-energy-economy-manufacturing-middle-east/

[2026-05-05 12:57 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Brussels bans Chinese inverters from EU-funded power projects connected to European grid

Snippet: EU official says Brussels has identified cybersecurity and dependency risks in foreign inverters

Read full article: https://www.scmp.com/economy/china-economy/article/3352435/brussels-bans-chinese-inverters-eu-funded-power-projects-connected-european-grid?utm_source=rss_feed

[2026-05-05 12:57 UTC+10:00] [European Union] [Factuality: 100]

Source: South China Morning Post

Title: Brussels bans Chinese inverters from EU-funded power projects connected to European grid

Snippet: EU official says Brussels has identified cybersecurity and dependency risks in foreign inverters

Read full article: https://www.scmp.com/economy/china-economy/article/3352435/brussels-bans-chinese-inverters-eu-funded-power-projects-connected-european-grid

[2026-05-05 12:40 UTC+10:00] [All News] [Factuality: 100]

Source: The Korea Herald

Title: Parents pile into Samsung Electronics for kids’ stock gifts

Snippet: SK hynix lags gifting trend despite recent rally, as high price limits access

Read full article: https://www.koreaherald.com/article/10731293

[2026-05-05 12:27 UTC+10:00] [General] [Factuality: 100]

Source: CNBC

Title: BYD's passenger EV sales drop for an eighth month as competition heats up

Snippet: BYD's passenger vehicle sales fell for an eighth consecutive month in April, while its domestic rivals Leapmotor and Zeekr notched record-high monthly deliveries as the market becomes more competitive.

Read full article: https://www.cnbc.com/2026/05/05/byd-april-sales-exports-china-ev-rivals-leapmotor-zeekr.html

[2026-05-05 12:10 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Trump's "Project Vault" Plans To Initially Buy Rare Earths From China

Snippet: As we reported in February, the US Export-Import Bank’s proposed rare earth stockpiling initiative would initially source critical minerals from anywhere in the world - including China, an official involved in the project revealed to Bloomberg. The $12 billion Project Vault would later shift to a replenishment model that prioritizes domestic production first, followed by allied nations and other sources as a last resort, executives including Ex-Im Chief Banking Officer Brian Greeley said lastt week, unveiling some of the first

Read full article: https://www.zerohedge.com/economics/trumps-project-vault-plans-initially-buy-rare-earths-china

[2026-05-05 11:59 UTC+10:00] [Politics / Federal] [Factuality: 100]

Source: The Age

Title: Surprise tax handout on cards for all workers despite inflation risks

Snippet: Workers could receive a few hundred dollars in their pocket in a surprise tax handout in next week’s federal budget, despite warnings that stimulus could drive up inflation and risk further interest rate rises.

Read full article: https://www.theage.com.au/politics/federal/surprise-tax-handout-on-cards-for-all-workers-despite-inflation-risks-20260505-p5ztuk.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-05 11:40 UTC+10:00] [All News] [Factuality: 100]

Source: The Korea Herald

Title: IMF chief warns of 'much worse outcome' if war drags into 2027

Snippet: WASHINGTON (Reuters) -- The head of the International Monetary Fund on ‌Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel.

Read full article: https://www.koreaherald.com/article/10731253

[2026-05-05 11:24 UTC+10:00] [United States Politics and Government] [Factuality: 95]

Source: The New York Times

Title: Trump Tries to Downplay Economic Effects of the Iran War

Snippet: Facing pressure to address the economic fallout of his war in Iran, President Trump on Monday sought to portray his policy wins for small businesses as evidence that he was succeeding in building up the economy.

Read full article: https://www.nytimes.com/2026/05/04/us/politics/trump-economy-iran-war.html

[2026-05-05 11:06 UTC+10:00] [General] [Factuality: 100]

Source: New York Post

Title: Angelina Jolie lists her iconic Los Angeles estate for $30M — as rumors swirl she’s set to quit US for good

Snippet: Hollywood starlet Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million — nearly two years after confessing that she wanted to leave the US for good and move abroad.

Read full article: https://nypost.com/2026/05/04/real-estate/angelina-jolie-lists-her-la-estate-for-30m-amid-rumors-of-us-exodus/

[2026-05-05 11:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts

Snippet: Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue

Read full article: https://www.scmp.com/economy/china-economy/article/3352339/chinas-fight-keep-darwin-port-could-help-fragile-sino-australian-relations-analysts?utm_source=rss_feed

[2026-05-05 11:00 UTC+10:00] [World Bank] [Factuality: 100]

Source: South China Morning Post

Title: China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts

Snippet: Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue

Read full article: https://www.scmp.com/economy/china-economy/article/3352339/chinas-fight-keep-darwin-port-could-help-fragile-sino-australian-relations-analysts

[2026-05-05 10:32 UTC+10:00] [Property / News] [Factuality: 100]

Source: The Age

Title: REA chair Hamish McLennan to sell Sydney home for $36 million-plus

Snippet: Businessman and media heavyweight Hamish McLennan and his wife, Lucinda, have put their Darling Point mansion on the market with a price guide of $36 million-plus, local sources have revealed.

Read full article: https://www.theage.com.au/property/news/rea-chair-hamish-mclennan-to-sell-sydney-home-for-36-million-plus-20260504-p5ztlv.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-05 10:16 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: IMF chief Georgieva warns of 'much worse outcome' if Middle East war drags into 2027

Snippet: The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags on into 2027 and oil prices hit around $125 per barrel.

Read full article: https://www.jpost.com/middle-east/iran-news/article-895128

[2026-05-05 09:18 UTC+10:00] [News] [Factuality: 100]

Source: Michael West Media

Title: Customers resilient, but war still weighing: big bank

Snippet: May 5, 2026 09:18 | News

Read full article: https://michaelwest.com.au/customers-resilient-but-war-still-weighing-big-bank/

[2026-05-05 09:00 UTC+10:00] [General] [Factuality: 100]

Source: CNBC

Title: CNBC's The China Connection newsletter: China is rewiring the Silicon Valley model — starting in Hong Kong

Snippet: Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses.

Read full article: https://www.cnbc.com/2026/05/04/china-tech-financial-ecosystem-matures-as-hong-kong-ipos-boom.html

[2026-05-05 08:08 UTC+10:00] [General] [Factuality: 100]

Source: ABC News

Title: Another Melbourne nightclub targeted in 'terrifying' black market alcohol wars

Snippet: Ladida is the latest licensed venue to be targeted by arsonists in Melbourne. (ABC News: Kate Meade)

Read full article: https://www.abc.net.au/news/2026-05-05/ladida-nightclub-fire-alcohol-wars/106641478

[2026-05-05 08:00 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: How the Middle East crisis is expanding China’s agrochemical influence

Snippet: China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides

Read full article: https://www.scmp.com/economy/china-economy/article/3352366/how-middle-east-crisis-expanding-chinas-agrochemical-influence?utm_source=rss_feed

[2026-05-05 08:00 UTC+10:00] [fertiliser] [Factuality: 100]

Source: South China Morning Post

Title: How the Middle East crisis is expanding China’s agrochemical influence

Snippet: China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides

Read full article: https://www.scmp.com/economy/china-economy/article/3352366/how-middle-east-crisis-expanding-chinas-agrochemical-influence

[2026-05-05 06:38 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: How major US stock indexes fared Monday 5/4/2026

Snippet: U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.

Read full article: https://apnews.com/article/stock-market-dow-iran-nasdaq-3beae4af5a5fa628f27e78ee109fdcf0

[2026-05-05 05:50 UTC+10:00] [Business] [Factuality: 100]

Source: Daily News

Title: New laws to protect investments, foster PPPs

Snippet: The Sri Lankan economy has become predictable and stable, enhancing investment opportunities with the Government undertaking institutional reforms through digitization, creating a single window for trade and investments Deputy Minister of Industries and Entrepreneurship Development Chathuranga Abeysinghe told the Global Innovation & Leadership Summit held in Colombo on May 2.

Read full article: https://dailynews.lk/2026/05/05/business/989237/new-laws-to-protect-investments-foster-ppps/

[2026-05-05 05:47 UTC+10:00] [Breaking News] [Factuality: 100]

Source: Daily News

Title: Widening VAT base will adversely affect SMEs – Sajith

Snippet: Opposition Leader Sajith Premadasa stated that widening of the Value Added Tax (VAT) net by the Government from July 01, 2026 will drag in the Small and Medium-sized Business Enterprises (SMEs), with the financial services taxed higher, which will directly affect SMEs adversely as it will simultaneously increase tax rates and tighten tax enforcement.

Read full article: https://dailynews.lk/2026/05/05/breaking-news/989590/widening-vat-base-will-adversely-affect-smes-sajith/

[2026-05-05 05:39 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: What Japan teaches Sri Lanka about energy power - DailyNews

Snippet: The political instability, unpredictable oil trade, and changing alliances have changed the ways energy is consumed and traded. It is no longer a simple commodity. It is a strategic resource that alters the way politics and economics are conducted. Countries that have prioritised energy trade and focused on energy supply are now using their energy supply to trade for market equity.

Read full article: https://dailynews.lk/2026/05/05/general-opinion/989341/what-japan-teaches-sri-lanka-about-energy-power/

[2026-05-05 05:37 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: Fiscal discipline, labour reforms and the path to sustainable growth - DailyNews

Snippet: After undergoing one of its worst financial crises, marked by soaring inflation, dwindling foreign reserves, and widespread social strain, the country is now attempting a carefully measured recovery.

Read full article: https://dailynews.lk/2026/05/05/general-opinion/989382/fiscal-discipline-labour-reforms-and-the-path-to-sustainable-growth/

[2026-05-05 05:35 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: DFCC Bank join hands with NCCSL to strengthen SME growth and market access - DailyNews

Snippet: DFCC Bank PLC has entered into a partnership with the National Chamber of Commerce of Sri Lanka (NCCSL), as part of its broader focus on supporting business growth and expanding market access for small and medium-sized enterprises.

Read full article: https://dailynews.lk/2026/05/05/business/989159/dfcc-bank-join-hands-with-nccsl-to-strengthen-sme-growth-and-market-access/

[2026-05-05 05:35 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: Seylan Bank marks first anniversary of ‘Make-A-Wish Sri Lanka’ - DailyNews

Snippet: Seylan Bank PLC, in collaboration with the Indira Cancer Trust (ICT) and Make-A-Wish Sri Lanka, marked the first anniversary of their shared initiative on April 29, celebrating a year of bringing hope and meaningful experiences to children battling critical illnesses.

Read full article: https://dailynews.lk/2026/05/05/business/989170/seylan-bank-marks-first-anniversary-of-make-a-wish-sri-lanka/

[2026-05-05 05:35 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: Pan Asia Bank partners Sri Lanka Business and Biodiversity Platform to launch ‘Life to Our Beaches’ initiative - DailyNews

Snippet: Pan Asia Bank partners with the Sri Lanka Business and Biodiversity Platform to launch the ‘Life to Our Beaches – Beach Caretaker Initiative’, reaffirming its commitment to environmental conservation and sustainable community development.

Read full article: https://dailynews.lk/2026/05/05/business/989176/pan-asia-bank-partners-sri-lanka-business-and-biodiversity-platform-to-launch-life-to-our-beaches-initiative/

[2026-05-05 05:35 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: ComBank unveils islandwide drive to boost LankaPay JCB debit cards adoption - DailyNews

Snippet: Reaffirming its commitment to always provide its customers with the best offers and value, the Commercial Bank of Ceylon has announced a nationwide campaign to accelerate the adoption of LankaPay JCB debit cards, offering customers across Sri Lanka another compelling opportunity to step into a more secure, convenient and rewarding cashless lifestyle.

Read full article: https://dailynews.lk/2026/05/05/business/989188/combank-unveils-islandwide-drive-to-boost-lankapay-jcb-debit-cards-adoption/

[2026-05-05 05:35 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: Google starts work on largest AI hub outside US - DailyNews

Snippet: Google has begun construction of its largest artificial intelligence (AI) hub outside the United States, marking a major expansion of global AI infrastructure and a significant investment in India’s digital economy.

Read full article: https://dailynews.lk/2026/05/05/world/989312/google-starts-work-on-largest-ai-hub-outside-us/

[2026-05-05 05:33 UTC+10:00] [General] [Factuality: 100]

Source: Daily News

Title: DFCC Bank Plate champions of Mercantile Netball - DailyNews

Snippet: DFCC Bank PLC’s women’s team emerged as Plate Champions at the recently concluded Mercantile Netball League Tournament, reflecting the Bank’s continued emphasis on building strong, connected teams beyond the workplace.

Read full article: https://dailynews.lk/2026/05/05/sports/989097/dfcc-bank-plate-champions-of-mercantile-netball/

[2026-05-05 05:30 UTC+10:00] [Business] [Factuality: 100]

Source: Daily News

Title: Share Market Statistics on 04.05.2026

Snippet: Sri Lanka’s most Trusted and Innovative media services provider

Read full article: https://dailynews.lk/2026/05/05/business/989201/share-market-statistics-on-04-05-2026/

[2026-05-05 05:28 UTC+10:00] [General] [Factuality: 100]

Source: The Manila Times

Title: Wall Street drops from its records and oil prices jump after fighting flares in the Middle East

Snippet: NEW YORK — The U.S. stock market fell from its record heights Monday, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.

Read full article: https://www.manilatimes.net/2026/05/05/news/world/wall-street-drops-from-its-records-and-oil-prices-jump-after-fighting-flares-in-the-middle-east/2335348

[2026-05-05 05:22 UTC+10:00] [Business / Markets] [Factuality: 100]

Source: The Age

Title: ASX set to fall, oil jumps on war uncertainty; RBA decision ahead; GameStop makes $78b bid for eBay

Snippet: The US stock market is falling from its record heights while oil prices jump following escalations in the Middle East that may be undermining the ceasefire in the war with Iran.

Read full article: https://www.theage.com.au/business/markets/asx-set-to-fall-oil-jumps-on-war-uncertainty-rba-decision-ahead-gamestop-makes-78b-bid-for-ebay-20260505-p5ztq9.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-05 05:18 UTC+10:00] [National] [Factuality: 100]

Source: 9News

Title: Reserve Bank on verge of 'historic mistake' experts say

Snippet: Property News: Suburbs where house values rose most in the past 12 months.

Read full article: https://www.9news.com.au/national/interest-rates-warning-reserve-bank/495170b6-0d69-4ae6-b881-e52775617c32