Topic: Economy & Finance — Neutral reports only

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[2026-02-26 07:30 UTC+10:00] [General] [Factuality: 100]
Source: The Korea Herald
Title: Korea Herald [Howard Davies] The global green financial divide is growing
Snippet: Earlier this month, US President Donald Trump’s administration drew a flurry of condemnations for its decision to repeal the Environmental Protection Agency’s “endangerment finding”: a formal, evidence-based acknowledgement that greenhouse-gas emissions pose a threat to public health. Although the change may seem minor, it is anything but. Since 2009, the endangerment finding has underpinned much of the climate-related policymaking at the EPA and other agencies.
Read full article: https://www.koreaherald.com/article/10682406
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[2026-02-26 07:21 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: ASX poised for fresh record as Wall Street powers higher
Snippet: Wall Street is extending its tech-led rally ahead of Nvidia results that are due to be released after the US market closes.
Read full article: https://www.abc.net.au/news/2026-02-26/asx-markets-business-news-live-updates/106389370
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[2026-02-26 07:14 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Chalmers in inflation 'denial', shadow treasurer says
Snippet: Topic:Government and Politics
Read full article: https://www.abc.net.au/news/2026-02-26/federal-politics-live-blog-chalmers-inflation/106388618
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[2026-02-26 06:58 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: CAL deepens capital market presence with 3rd closed-end fund listing at CSE - DailyNews
Snippet: The units of the “CAL Three Year Closed End Fund” were officially listed on the Colombo Stock Exchange (CSE) recently. Accordingly, a total of 841,263,375 units of the ‘CAL Three Year Closed End Fund’ were listed by Capital Alliance Investments Ltd (CALI), a member of the Capital Alliance Ltd Group (CAL Group).
Read full article: https://dailynews.lk/2026/02/26/business/957748/cal-deepens-capital-market-presence-with-3rd-closed-end-fund-listing-at-cse/
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[2026-02-26 06:55 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: NDB reports all-time high earnings doubles PAT on normalised basis - DailyNews
Snippet: National Development Bank PLC (NDB) announced its results for the financial year ended December 31, 2025 to the Colombo Stock Exchange recently. Full year results tabled by the Bank showcase a strong growth across all business lines with Net Banking Revenue increasing by a 45.2% on a comparable basis. Like most other peers, the Bank’s 2024 financial performance was positively impacted following the successful conclusion of the ISB debt restructure with a one-off impact on interest income, fee income and
Read full article: https://dailynews.lk/2026/02/26/business/957751/ndb-reports-all-time-high-earnings-doubles-pat-on-normalised-basis/
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[2026-02-26 06:50 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Central Bank’s tool for economic management - DailyNews
Snippet: Growth and stability are synonymous with each other. Stable and consistent macroeconomic policies empower clearer decision making, investments and growth. Thereby enhancing the overall welfare of the society. This happens because stability provides reliability in decision making to economic agents (government, banks, businesses and households) as they can depend on macroeconomic sentiments with higher certainty.
Read full article: https://dailynews.lk/2026/02/26/general-opinion/957857/central-banks-tool-for-economic-management/
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[2026-02-26 06:49 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Judge rules ExxonMobil defamation suit against California AG may proceed
Snippet: The logo for ExxonMobil appears above a trading post on the floor of the New York Stock Exchange, April 23, 2018. (AP Photo/Richard Drew, File)
Read full article: https://apnews.com/article/exxon-lawsuit-rob-bonta-defamation-plastics-ac58750701807d7a42cfda1ed9c6c393
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[2026-02-26 06:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Goldman's Top DEI Exec Out Days After Bank Scraps Woke Board Policy
Snippet: Days after the firm announced that they were scrapping DEI requirements for new board members, and six years after the death of George Floyd that ushered in institutionalized virtue-signaling, the bank's head of DEI is leaving.
Read full article: https://www.zerohedge.com/political/goldmans-top-dei-exec-out-days-after-bank-scraps-woke-board-policy
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[2026-02-26 06:35 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Student accommodation in Brisbane lagging behind demand, industry warns
Snippet: Bridgette Buckley says she was lucky to secure an apartment with a friend in Brisbane's hot rental market. (ABC News: Nickoles Coleman)
Read full article: https://www.abc.net.au/news/2026-02-26/qld-property-council-brisbane-needs-more-student-accommodation/106297024
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[2026-02-26 06:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Shares - Colombo Stock Exchange ( Market Statistics on 25.02.2026 ) - DailyNews
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
Read full article: https://dailynews.lk/2026/02/26/business/957793/shares-colombo-stock-exchange-market-statistics-on-25-02-2026/
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[2026-02-26 06:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Govt envisions digital systems for vital sectors - DailyNews
Snippet: The Government plans to introduce digital systems for agriculture, health, transport, education, and child protection, Digital Economy Deputy Minister Eranga Weeraratne said.
Read full article: https://dailynews.lk/2026/02/26/local/958016/govt-envisions-digital-systems-for-vital-sectors/
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[2026-02-26 06:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Opposition demands for a PSC to impartially investigate into coal procurement process - DailyNews
Snippet: Opposition Leader Sajith Premadasa has demanded a Parliamentary Select Committee (PSC) led by the Opposition to carry out an independent, impartial investigation into the coal procurement process. He said that the recent imports are of inferior quality and have caused massive financial losses to the State.
Read full article: https://dailynews.lk/2026/02/26/local/958077/opposition-demands-for-a-psc-to-impartially-investigate-into-coal-procurement-process/
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[2026-02-26 06:09 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: What Smithfield's move could mean for environment, economy
Snippet: Smithfield Foods’ century-old pork processing facility in Sioux Falls, S.D. in June 2022. (Bart Pfankuch/South Dakota News Watch via AP)
Read full article: https://apnews.com/article/sioux-falls-smithfield-foods-inc-agriculture-production-facilities-south-dakota-0aac9afffbaf0098c4fef074b040dc4b
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[2026-02-26 05:41 UTC+10:00] [Cost of Living] [Factuality: 100]
Source: SBS News
Title: This is how long it takes to save for an entry-level home, as prices surge
Snippet: Young Australians like Patricia Nicula are facing an entry-level housing market that has steadily increased in price since the COVID-19 pandemic. Source: SBS, Supplied
Read full article: https://www.sbs.com.au/news/article/pinch-me-moment-as-prices-soar-nationwide-patricia-has-bought-her-first-home/4gb500aoh
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[2026-02-26 05:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ
Snippet: It's not just Trump who is stacking his central bank with uberdoves.
Read full article: https://www.zerohedge.com/markets/yen-tumbles-after-takaichi-nominates-two-prominent-doves-boj
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[2026-02-26 05:18 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Trump's portrayal of 'golden age' is out of sync with how Americans see economy
Snippet: President Donald Trump delivers the State of the Union address to a joint session of Congress in the House chamber at the U.S. Capitol in Washington, Tuesday, Feb. 24, 2026. (Kenny Holston/The New York Times via AP, Pool)
Read full article: https://apnews.com/article/trump-economy-state-of-union-bfc3fd78f46eb5b4bd389c7763936211
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[2026-02-26 05:16 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: US consular services in illegal Israeli settlement in West Bank condemned
Snippet: Hamas and the Palestinian Authority (PA) have condemned an announcement by the United States that it will offer consular services at a settlement in the Israeli-occupied West Bank.
Read full article: https://www.aljazeera.com/news/2026/2/25/pa-and-hamas-condemn-us-consular-settlement-announcment
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[2026-02-26 05:16 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to rise as Wall Street climbs: Nvidia, Qantas results ahead
Snippet: Nvidia is helping to lead a split US stock market higher on Wednesday, ahead of the chip company’s highly anticipated profit report coming after trading ends for the day.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-rise-as-wall-street-climbs-nvidia-qantas-results-ahead-20260226-p5o5jj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-02-26 05:13 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Nvidia and tech stocks lead Wall Street higher
Snippet: NEW YORK — Nvidia is helping to lead the US stock market higher on Wednesday, ahead of the chip company's highly anticipated profit report coming after trading ends for the day.
Read full article: https://www.manilatimes.net/2026/02/26/business/sunday-business-it/nvidia-and-tech-stocks-lead-wall-street-higher/2285248
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[2026-02-26 05:01 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Soaring cost of living squeezes Iranians as threat of US attack looms
Snippet: Commuters drive past Saint Sarkis church and a mural of the late Iranian revolutionary founder Ayatollah Khomeini in downtown Tehran, Iran, Wednesday, Feb. 25, 2026. (AP Photo/Vahid Salemi)
Read full article: https://apnews.com/article/iran-economy-prices-aa1c14906b39f79b88cdf47616a4a755
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[2026-02-26 05:00 UTC+10:00] [Politics / Victoria] [Factuality: 100]
Source: The Age
Title: Inner-city mega-council floated as mayors face financial cliff
Snippet: A drastic proposal to merge inner-city municipalities into a single mega-council has been floated as a “last resort” option as mayors entertain redrawing boundaries to cope with crushing financial pressures.
Read full article: https://www.theage.com.au/politics/victoria/inner-city-mega-council-floated-as-mayors-face-financial-cliff-20260219-p5o3nj.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-02-26 04:22 UTC+10:00] [West Bank] [Factuality: 100]
Source: Guardian Australia
Title: US to offer passport services to citizens in illegal West Bank settlements
Snippet: Israel welcomes move described by Palestinian Authority as undermining possibility of an independent state
Read full article: https://www.theguardian.com/world/2026/feb/25/us-passport-services-citizens-israel-west-bank-palestine
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[2026-02-26 04:12 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Rare Exchange Fund withdrawal to pay for Northern Metropolis, other big schemes
Snippet: Paul Chan has proposed transferring HK$150 billion from the Exchange Fund in the coming two years
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344651/rare-move-take-income-out-exchange-fund-pay-northern-metropolis-other-big-projects
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[2026-02-26 03:58 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: State indicts 19-year-old for alleged revenge rampage in West Bank village after outpost evacuation
Snippet: State prosecutors on Wednesday filed an indictment at Jerusalem District Court against Israel Harpaz, 19, of Ma’alot-Tarshiha, accusing him of taking part in an organized, racially motivated riot that included assaults, arson, and widespread property damage in the Palestinian village of Jaba, allegedly carried out in retaliation after the evacuation of an illegal outpost last November.
Read full article: https://www.jpost.com/israel-news/crime-in-israel/article-887966
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[2026-02-26 03:30 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Inflation woes to cast shadow over next federal budget
Snippet: February 26, 2026 03:30 | News
Read full article: https://michaelwest.com.au/inflation-woes-to-cast-shadow-over-next-federal-budget/
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[2026-02-26 03:20 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: LandBank, DBP eyeing return to capital markets
Snippet: STATE-OWNED Land Bank of the Philippines (LandBank) and the Development Bank of the Philippines (DBP) are preparing to return to the capital markets later this year to support lending programs and projects, top officials said.
Read full article: https://www.manilatimes.net/2026/02/26/business/top-business/landbank-dbp-eyeing-return-to-capital-markets/2284957
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[2026-02-26 03:19 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: BSP wants banks to conduct yearly cybersecurity reviews
Snippet: THE Bangko Sentral ng Pilipinas (BSP) wants banks and other financial institutions to conduct annual cybersecurity assessments to improve the financial system’s defenses against digital threats.
Read full article: https://www.manilatimes.net/2026/02/26/business/top-business/bsp-wants-banks-to-conduct-yearly-cybersecurity-reviews/2284956
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[2026-02-26 03:17 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Tiered public float, sukuk circulars released by SEC
Snippet: THE Securities and Exchange Commission (SEC) on Feb. 24 issued two notices that would encourage more companies to list on the Philippine stock market, as well as develop the country’s Islamic capital market.
Read full article: https://www.manilatimes.net/2026/02/26/business/top-business/tiered-public-float-sukuk-circulars-released-by-sec/2284952
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[2026-02-26 03:11 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Rep. Atayde pushes film and TV tourism bill to boost Philippine economy
Snippet: ​QUEZON City 1st District Rep. Juan Carlos Atayde urged his fellow lawmakers to approve his bill that would institutionalize film and television tourism as a national economic strategy.
Read full article: https://www.manilatimes.net/2026/02/26/news/national/rep-atayde-pushes-film-and-tv-tourism-bill-to-boost-philippine-economy/2285137
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[2026-02-26 03:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Philippines advocates for stronger digital economy in ASEAN
Snippet: ILOILO CITY — The Philippine government will advocate for a stronger Digital Economy Framework Agreement among member-states of the Association of Southeast Asian Nations (Asean) as it advances the bloc’s economic agenda under its current chairmanship.
Read full article: https://www.manilatimes.net/2026/02/26/regions/philippines-advocates-for-stronger-digital-economy-in-asean/2284999
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[2026-02-26 02:37 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: WTI Extends Losses After Biggest Crude Build In 3 Years
Snippet: Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran).
Read full article: https://www.zerohedge.com/energy/wti-holds-losses-after-biggest-crude-build-3-years
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[2026-02-26 02:27 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Edge Group signs advanced defence tech JV with EM&E
Snippet: Abu Dhabi’s Edge Group signed an agreement with Spain’s EM&E Group on Thursday to explore the establishment of a joint venture in the UAE focused on advanced defence technologies. The companies said the agreement was supported by a commercial pipeline of about $1.5 billion.
Read full article: https://www.thenationalnews.com/business/economy/2026/02/25/edge-group-signs-advanced-defence-tech-jv-with-spains-eme/
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[2026-02-26 02:12 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Hong Kong’s virtual asset sector considered for taxation under policy review
Snippet: Latest budget announces new government committee to be tasked with reviewing Hong Kong’s tax policies
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344648/hong-kongs-virtual-asset-sector-considered-taxation-under-policy-review
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[2026-02-26 01:51 UTC+10:00] [General] [Factuality: 90]
Source: Al Jazeera
Title: Calls for justice grow after Israeli settlers kill another US citizen
Snippet: Washington, DC – After Israeli settlers killed 19-year-old United States citizen Nasrallah Abu Siyam in the occupied West Bank last week, the US State Department said it “has no higher priority than the safety and security of Americans”.
Read full article: https://www.aljazeera.com/news/2026/2/25/calls-for-justice-grow-after-israeli-settlers-kill-another-us-citizen
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[2026-02-26 01:33 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Trump considers ordering banks to collect citizenship data – FT
Snippet: The White House is weighing an executive order that would force banks to collect citizenship information from customers, the Financial Times has reported.
Read full article: https://www.rt.com/news/633027-trump-banks-order-citizeship-data/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-02-26 01:24 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong bets big on innovation, AI and finance in line with national goals
Snippet: Northern Metropolis, San Tin Technopole cornerstones of innovation and technology strategy, finance chief Paul Chan says in budget address
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344642/hong-kong-bets-big-innovation-ai-and-finance-line-national-goals
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[2026-02-26 01:00 UTC+10:00] [Tim Wilson] [Factuality: 100]
Source: Guardian Australia
Title: Tim Wilson retains ‘terrible’ bet against Australian share market that profits when economy slumps
Snippet: The Liberal MP has continued to hold investment that makes money when Australia’s benchmark falls even after his appointment as shadow treasurer
Read full article: https://www.theguardian.com/australia-news/2026/feb/25/tim-wilson-shadow-treasurer-holds-bet-against-australian-share-market
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[2026-02-26 00:33 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise Ahead Of Critical Nvidia Earnings
Snippet: US equity futures are higher into NVDA earnings release after the close, and the risk-on tone in the US yesterday has spread globally with tech giant's earnings a catalyst for maintaining the rally aided by Tech. As of 8:00am ET, S&P 500 futures were up 0.3% as with Nasdaq 100 contracts +0.4%; NVDA is up 0.6% in premarket trading and while blowout results from the company later today may soothe nerves about the AI trade, “even if they have tremendous
Read full article: https://www.zerohedge.com/markets/futures-rise-ahead-critical-nvidia-earnings
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[2026-02-26 00:24 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong boosts investment body’s role in property sector, tech investment drive
Snippet: Hong Kong Investment Corporation aims to draw overseas funds into commercial property projects, while advancing open-source RISC-V chip initiatives
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344641/hong-kong-boosts-investment-bodys-role-property-sector-tech-investment-drive
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[2026-02-25 23:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Spacecraft Builder That Beats Big Defense Primes On Cost And Speed: Here's How To Profit
Snippet: Provided continued AI disruption, indiscriminate software stock selling, and credit market risks do not trigger a broader risk-off market event in the coming weeks or months, a June SpaceX IPO could become the bedrock for the grand reopening of the IPO market. The second-order effects of a SpaceX IPO would be improved sentiment toward AI companies going public and potentially a serious investor appetite for the low-Earth-orbit space industry.
Read full article: https://www.zerohedge.com/technology/spacecraft-builder-beats-big-defense-primes-cost-and-speed-heres-how-profit
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[2026-02-25 23:44 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Israeli motorway that could sink Palestinian statehood begins construction
Snippet: Israeli ministers have lauded the start of construction on a bypass road in the occupied West Bank, which they see as a step towards annexing the territory.
Read full article: https://www.thenationalnews.com/news/mena/2026/02/25/israeli-motorway-that-could-sink-palestinian-statehood/
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[2026-02-25 23:23 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner
Snippet: Market participants largely welcome Paul Chan’s renewed push to strengthen Hong Kong’s position as an international financial centre
Read full article: https://www.scmp.com/news/hong-kong/article/3344634/hong-kong-seeks-hone-edge-offshore-yuan-hub-digital-asset-front-runner
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[2026-02-25 23:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump’s USMCA exit threat seen pushing Canada into China’s arms
Snippet: Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’
Read full article: https://www.scmp.com/economy/global-economy/article/3344595/trumps-usmca-exit-threat-seen-pushing-canada-chinas-arms-hedge
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[2026-02-25 22:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Market Bets Soar That Fed Will Cut Rates To 2% In 2027
Snippet: Concerns about rising inflation, and the Fed hiking rates to contain it, have reversed rather dramatically.
Read full article: https://www.zerohedge.com/markets/market-bets-soar-fed-will-cut-rates-2-2027
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[2026-02-25 22:45 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Paul Chan’s new budget sets aside HK$30 billion to kick-start Northern Metropolis
Snippet: Companies overseeing megaproject’s Hetao Hong Kong Park, San Tin Technopole and Hung Shui Kiu Industrial Park to each get HK$10 billion
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344632/paul-chans-new-budget-sets-aside-hk30-billion-kick-start-northern-metropolis
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[2026-02-25 22:43 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: IDF responds to alleged settler arson in West Bank Palestinian village, no injuries reported
Snippet: Israeli forces responded to arson attempts allegedly conducted by extremist settlers in the West Bank on Tuesday, the IDF said.
Read full article: https://www.jpost.com/israel-news/article-887898
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[2026-02-25 22:40 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Trump plans to take his State of the Union message on the road — eventually
Snippet: President Donald Trump exits the House Chamber after delivering the State of the Union address to a joint session of Congress in the House chamber at the U.S. Capitol in Washington, Tuesday, Feb. 24, 2026. (Kenny Holston/The New York Times via AP, Pool)
Read full article: https://apnews.com/article/trump-state-union-economy-campaign-midterms-001fae1f9d75c7ece14d5ec1e1eea12a
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[2026-02-25 22:36 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to speed up stock settlement time to catch up with West, mainland ChinaHKEX proposes to shorten stock settlement cycle from current two days after transactions to one day to bolster city as global financial centre.
Snippet: HKEX proposes to shorten stock settlement cycle from current two days after transactions to one day to bolster city as global financial centre
Read full article: https://www.scmp.com/business/article/3344629/hong-kong-speed-stock-settlement-time-catch-west-and-mainland
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[2026-02-25 22:05 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s home prices reach 19-month high as rise gathers pace
Snippet: ‘We expect Hong Kong’s residential market in 2026 to remain resilient and positive,’ CBRE’s Hannah Jeong says
Read full article: https://www.scmp.com/business/article/3344622/hong-kongs-home-prices-reach-19-month-high-rise-gathers-pace
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[2026-02-25 21:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: A boat in every dock? Chinese billionaire unveils plan for mass yacht productionJD.com founder Richard Liu has launched a nautical brand with a massive investment in yacht production, aiming to make ownership affordable.
Snippet: JD.com founder Richard Liu has launched a nautical brand with a massive investment in yacht production, aiming to make ownership affordable
Read full article: https://www.scmp.com/economy/china-economy/article/3344583/boat-every-dock-chinese-billionaire-unveils-plan-mass-yacht-production
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