Topic: Economy & Finance — Neutral reports only

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[2026-05-29 05:12 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to rise, Wall Street advances as tentative Iran deal drives down oil prices
Snippet: The US stock market is pushing to more records as companies like Dollar Tree, Snowflake and Hormel Foods keep piling up profits. A tentative deal to extend the ceasefire in the war with Iran by 60 days also helped lift the market and rein in oil prices.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-rise-wall-street-advances-as-tentative-iran-deal-drives-down-oil-prices-20260529-p601u1.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-29 04:43 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: CFTC sues Rhode Island over actions against prediction markets
Snippet: The Commodity Futures Trading Commission announced it was suing Rhode Island on Thursday, one week after the state took action against two prediction market platforms.
Read full article: https://www.cnbc.com/2026/05/28/cftc-sues-rhode-island-over-actions-against-prediction-markets.html
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[2026-05-29 04:14 UTC+10:00] [Gaza] [Factuality: 100]
Source: Guardian Australia
Title: Netanyahu orders Israeli army to seize ‘70% of Gaza Strip’, violating ceasefire deal
Snippet: Speaking in West Bank settlement, Israeli PM, who is fighting for political survival before elections, says ‘we are squeezing Hamas’
Read full article: https://www.theguardian.com/world/2026/may/28/netanyahu-orders-israeli-army-seize-70-gaza-strip-violating-ceasefire-deal
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[2026-05-29 04:07 UTC+10:00] [Finance] [Factuality: 100]
Source: Politico
Title: EU’s big six reach deal on key markets package
Snippet: The EU’s six largest countries reached an agreement on Thursday to move forward with a plan to turn the bloc into a Wall Street-style financial market, according to three officials with knowledge of proceedings.
Read full article: https://www.politico.eu/article/eus-big-six-reach-deal-on-key-markets-package/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-05-29 02:30 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets
Snippet: The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter, even as households were battered by a fuel-price shock at the pump, persistent inflation, and softening confidence, which has led to them draining what little savings they have left.
Read full article: https://www.zerohedge.com/markets/retail-stocks-surge-resilient-us-shoppers-surprise-markets
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[2026-05-29 02:01 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Average US long-term mortgage rate climbs to 6.53%, highest level in nine months
Snippet: A “For Sale” sign is displayed outside a home on Friday, July 11, 2025, in Portland, Ore. (AP Photo/Jenny Kane, File)
Read full article: https://apnews.com/article/mortgage-rates-home-buying-economy-21ac94874327f0252f3de5a3d80ca49a
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[2026-05-29 02:01 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: From skeptic to advocate: How cancer changed Kaye Yap’s view on insurance
Snippet: LIKE many others, former bank manager Kaye Yap once questioned the value of insurance. Years later, with deeper knowledge and experience in the industry, her hesitations faded and her perspective shifted. Today, she is a staunch advocate of protection and financial preparedness.
Read full article: https://www.manilatimes.net/2026/05/29/supplements/from-skeptic-to-advocate-how-cancer-changed-kaye-yaps-view-on-insurance/2353334
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[2026-05-29 02:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
Snippet: The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
Read full article: https://www.zerohedge.com/markets/bank-canada-warns-markets-more-vulnerable-sharp-correction-due-ai-concentration-basis
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[2026-05-29 01:54 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Luxe kosher market dubbed ‘Erewhon of NYC’ is where bougie Upper East Side teens gossip and shop
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/28/lifestyle/nyc-kosher-grocer-ouris-market-is-a-hit-with-teens/
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[2026-05-29 01:31 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Fed’s preferred inflation gauge worsens as Iran war sends food, energy prices surging
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/28/business/inflation-gauge-worsens-as-iran-war-sends-food-energy-prices-surging/
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[2026-05-29 01:29 UTC+10:00] [Companies] [Factuality: 100]
Source: Politico
Title: Spain distances itself from call for EU to get tougher on China
Snippet: BERLIN — Spain is withdrawing its support from a French-led initiative to boost the EU’s trade defenses against China, its economy and trade minister said on Thursday.
Read full article: https://www.politico.eu/article/spain-withdraws-support-eu-china-trade-defenses/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-05-29 01:14 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Top Japanese banks to use OpenAI's new model against cyberattacks
Snippet: Sumitomo Mitsui Banking Corp., Mizuho Bank and MUFG Bank will now have two powerful tools to thwart cyberattacks. (Source photos by Nikkei)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/top-japanese-banks-to-use-openai-s-new-model-against-cyberattacks
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[2026-05-29 01:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: JD.com’s US$2.6 billion bid for Germany’s Ceconomy faces deeper EU scrutiny
Snippet: European Commission launches in-depth investigation under Foreign Subsidies Regulation in latest instance of Brussels-Beijing tensions
Read full article: https://www.scmp.com/economy/policy/article/3355213/jdcoms-us26-billion-bid-germanys-ceconomy-faces-deeper-eu-scrutiny?utm_source=rss_feed
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[2026-05-29 01:00 UTC+10:00] [Beijing] [Factuality: 92]
Source: South China Morning Post
Title: JD.com’s US$2.6 billion bid for Germany’s Ceconomy faces deeper EU scrutiny
Snippet: European Commission launches in-depth investigation under Foreign Subsidies Regulation in latest instance of Brussels-Beijing tensions
Read full article: https://www.scmp.com/economy/policy/article/3355213/jdcoms-us26-billion-bid-germanys-ceconomy-faces-deeper-eu-scrutiny
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[2026-05-29 00:50 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: EU sanctions Israeli settlers
Snippet: The European Union Council announced on Thursday it will impose sanctions on four entities and three individuals for abuses against Palestinians in the occupied West Bank.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/eu-sanctions-israeli-settlers
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[2026-05-29 00:47 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation
Snippet: Israeli tech giant Wix will lay off 20% of its employees, CEO Avishai Abrahami announced in a Thursday X/Twitter thread, citing financial difficulties due to the recent strengthening of the shekel against the dollar.
Read full article: https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-897657
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[2026-05-29 00:47 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: PA’s Land Authority demands Palestinians don’t comply with land registration system
Snippet: The Palestinian Authority’s Land Authority urged Palestinians to withhold information from Israeli authorities on Wednesday, the same day Jerusalem launched an electronic land registration system for Area C of the West Bank.
Read full article: https://www.jpost.com/middle-east/article-897667
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[2026-05-29 00:40 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage
Snippet: EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers
Read full article: https://www.scmp.com/business/china-evs/article/3355217/chinas-byd-aims-zero-accidents-gods-eye-vows-crash-cost-coverage?utm_source=rss_feed
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[2026-05-29 00:40 UTC+10:00] [BYD] [Factuality: 100]
Source: South China Morning Post
Title: China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage
Snippet: EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers
Read full article: https://www.scmp.com/business/china-evs/article/3355217/chinas-byd-aims-zero-accidents-gods-eye-vows-crash-cost-coverage
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[2026-05-29 00:03 UTC+10:00] [General] [Factuality: 90]
Source: RT News
Title: ‘We are not your piggy bank’ – US lawmaker to Zelensky
Snippet: Ukraine’s Vladimir Zelensky is treating the US as a “piggy bank” and is feeding Washington with “propaganda” to get more US-made air defense systems, Republican Congresswoman Anna Paulina Luna has said.
Read full article: https://www.rt.com/news/640694-zelensky-us-piggy-bank-congresswoman/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-05-29 00:03 UTC+10:00] [General] [Factuality: 90]
Source: RT News
Title: Read Full Article at RT.com
Snippet: Ukraine’s Vladimir Zelensky is treating the US as a “piggy bank” and is feeding Washington with “propaganda” to get more US-made air defense systems, Republican Congresswoman Anna Paulina Luna has said.
Read full article: https://www.rt.com/news/640694-zelensky-us-piggy-bank-congresswoman/
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[2026-05-28 23:37 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: US key inflation gauge worsens, eroding Americans’ income and spending power
Snippet: Inflation of 3.8 per cent in April was the highest since May 2023 amid high petrol prices and food costs
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3355214/us-key-inflation-gauge-worsens-eroding-americans-income-and-spending-power?utm_source=rss_feed
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[2026-05-28 23:37 UTC+10:00] [Republicans] [Factuality: 92]
Source: South China Morning Post
Title: US key inflation gauge worsens, eroding Americans’ income and spending power
Snippet: Inflation of 3.8 per cent in April was the highest since May 2023 amid high petrol prices and food costs
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3355214/us-key-inflation-gauge-worsens-eroding-americans-income-and-spending-power
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[2026-05-28 23:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Hochul just let Mamdani start to borrow NYC’s way back to the 1975 financial crisis
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/05/28/opinion/hochul-just-let-mamdani-start-to-borrow-nycs-way-back-to-the-1975-financial-crisis/
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[2026-05-28 22:52 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: The kingmakers of Makerfield: English town braces for crucial by-election
Snippet: Ashton-in-Makerfield, United Kingdom – In a scenario few could have predicted, voters in a northern English market town near Manchester could determine the United Kingdom’s future political leadership.
Read full article: https://www.aljazeera.com/news/2026/5/28/the-kingmakers-of-makerfield-english-town-braces-for-crucial-by-election
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[2026-05-28 22:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Key inflation gauge worsens, eroding Americans' income and spending power
Snippet: A motorist pumps fuel at a Shell station Wednesday, July 5, 2023, in Englewood, Colo. (AP Photo/David Zalubowski, File)
Read full article: https://apnews.com/article/economy-inflation-tariffs-gasoline-consumer-spending-4f59d739153d66682b6fbc2b457f5df6
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[2026-05-28 22:32 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Snippet: Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed.
Read full article: https://www.cnbc.com/2026/05/28/core-inflation-hit-an-annual-rate-of-3point3percent-in-april-as-expected-feds-preferred-gauge-shows-.html
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[2026-05-28 22:14 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Fall, Oil Rises As Mideast Violence Flares Up
Snippet: US futures are but well off session lows, as part of a weaker risk tape after the US and Iran exchanged strikes, fueling doubts whether an end to the war is imminent and crushing hopes for a Hormuz deal (gasp). Overnight, US forces carried out airstrikes on an Iranian military site which Centcom described as "purely defensive" and designed to maintain the ceasefire; it also imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz.
Read full article: https://www.zerohedge.com/markets/futures-fall-oil-rises-mideast-violence-flares
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[2026-05-28 21:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Drone Stocks Erupt After Report Of Pentagon Funding Deals
Snippet: President Trump's war economy is accelerating, with a new report indicating that the Department of War is set to unleash funding deals across a handful of drone companies. The effort comes as the DoW's procurement program now favors startups, and there has been an emphasis within the department on ramping up America's drone manufacturing base, as hyper-innovation from the war in Ukraine has brought forward 2030s-era war technology.
Read full article: https://www.zerohedge.com/markets/drone-stocks-erupt-after-funding-report-signals-trumps-war-economy-accelerating
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[2026-05-28 21:14 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Aerospace and automotive sectors put Morocco top of Africa's industrialisation index
Snippet: Morocco ranks first in industrial development, according to African Development Bank's 2025 Index.
Read full article: http://www.africanews.com/2026/05/28/aerospace-and-automotive-sectors-put-morocco-top-of-africas-industrialisation-index/
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[2026-05-28 21:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Mainland Chinese react as Hong Kong tightens access to offshore investment accounts
Snippet: Banks have been ordered to step up checks, part of wider efforts to strengthen oversight of cross-border capital flows
Read full article: https://www.scmp.com/economy/china-economy/article/3355187/mainland-chinese-react-hong-kong-tightens-access-offshore-investment-accounts?utm_source=rss_feed
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[2026-05-28 21:00 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Mainland Chinese react as Hong Kong tightens access to offshore investment accounts
Snippet: Banks have been ordered to step up checks, part of wider efforts to strengthen oversight of cross-border capital flows
Read full article: https://www.scmp.com/economy/china-economy/article/3355187/mainland-chinese-react-hong-kong-tightens-access-offshore-investment-accounts
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[2026-05-28 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Snippet: Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show.
Read full article: https://www.zerohedge.com/personal-finance/home-refi-activity-plummets-mortgage-rates-hit-9-month-highs
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[2026-05-28 20:51 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Hong Kong exports surge 43% in April, driven by strong demand for AI electronics
Snippet: Figure follows earlier five-year high of 35.8% growth in March, but government remains cautious and says Middle East war could cloud outlook
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355186/hong-kong-exports-surge-43-april-driven-strong-demand-ai-electronics?utm_source=rss_feed
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[2026-05-28 20:51 UTC+10:00] [April] [Factuality: 92]
Source: South China Morning Post
Title: Hong Kong exports surge 43% in April, driven by strong demand for AI electronics
Snippet: Figure follows earlier five-year high of 35.8% growth in March, but government remains cautious and says Middle East war could cloud outlook
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355186/hong-kong-exports-surge-43-april-driven-strong-demand-ai-electronics
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[2026-05-28 20:44 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Oil markets are betting on a swift end to the Iran war. Investors may regret it
Snippet: Oil futures are still pricing a quick resolution to the Iran war — but analysts warn that investors and consumers are likely to be left disappointed.
Read full article: https://www.cnbc.com/2026/05/28/oil-prices-iran-war-us-trump-strait-hormuz-energy-inflation-investors.html
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[2026-05-28 20:33 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: UVeye scales automated vehicle‑inspection tech across global automotive markets
Snippet: While most companies are heading into the defense-tech sphere, one Israeli company has made the opposite move and left to conquer the American car industry market.
Read full article: https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-897632
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[2026-05-28 20:03 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: NPS to raise domestic equity allocation to 20.8 pct in 2026 amid KOSPI rally
Snippet: SEOUL, May 28 (Yonhap) -- South Korea's state pension fund said Thursday it will sharply increase its allocation to domestic equities this year to 20.8 percent amid a rally in the local stock market.
Read full article: https://en.yna.co.kr/view/AEN20260528010900320
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[2026-05-28 20:00 UTC+10:00] [US work & careers] [Factuality: 100]
Source: Guardian Australia
Title: ‘Instagram truly is the new LinkedIn’: why gen Z is using social media to get hired
Snippet: In this competitive market, gen Z has started to turn to untraditional ways to land a job – including dating apps
Read full article: https://www.theguardian.com/money/2026/may/28/gen-z-using-social-media-in-struggling-job-market
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[2026-05-28 19:41 UTC+10:00] [General] [Factuality: 100]
Source: The Local Spain
Title: Foreign residents don't outspend locals in Spain's housing market, non-residents do
Snippet: New data shows that foreigners who live full-time spend roughly the same on housing as Spanish nationals, whereas non-resident homebuyers splurge far more on average on Spanish properties, particularly certain nationalities.
Read full article: https://www.thelocal.es/20260528/foreign-residents-dont-outspend-locals-in-spains-housing-market-non-residents-do
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[2026-05-28 19:30 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why
Snippet: Dutch cloud provider Nebius popped in premarket trading Thursday after an ex-OpenAI employee's fund disclosed a sizeable stake in the firm.
Read full article: https://www.cnbc.com/2026/05/28/nebius-situational-awareness-ai-stock-ex-openai-stake.html
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[2026-05-28 19:03 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese premier tours oil, grain stockpiles as Beijing boosts Iran war response
Snippet: Beijing is bolstering strategic reserves and accelerating the buildout of distribution hubs, as China rushes to adapt to the Middle East crisis
Read full article: https://www.scmp.com/economy/china-economy/article/3355162/chinese-premier-tours-oil-grain-stockpiles-beijing-boosts-iran-war-response?utm_source=rss_feed
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[2026-05-28 19:03 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Chinese premier tours oil, grain stockpiles as Beijing boosts Iran war response
Snippet: Beijing is bolstering strategic reserves and accelerating the buildout of distribution hubs, as China rushes to adapt to the Middle East crisis
Read full article: https://www.scmp.com/economy/china-economy/article/3355162/chinese-premier-tours-oil-grain-stockpiles-beijing-boosts-iran-war-response
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[2026-05-28 18:51 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Gold tumbles to two-month low as inflation hedge status fades
Snippet: Gold prices fell to a two-month low on Thursday, as renewed uncertainty over the trajectory of the U.S.-Iran war gave the dollar a boost and drove oil prices higher.
Read full article: https://www.cnbc.com/2026/05/28/gold-tumbles-to-two-month-low-as-inflation-hedge-status-fades.html
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[2026-05-28 18:25 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Gatchalian reiterates call for P1,500 monthly subsidy for 5M minimum wage earners amid high inflation
Snippet: SEN. Win Gatchalian reiterated his call for a P1,500 monthly subsidy for about five million minimum wage earners, following a rapid increase in inflation last month, slower economic growth in the first quarter of the year and forecasts of persistently high inflation.
Read full article: https://www.manilatimes.net/2026/05/28/tmt-newswire/gatchalian-reiterates-call-for-p1500-monthly-subsidy-for-5m-minimum-wage-earners-amid-high-inflation/2353375
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[2026-05-28 18:14 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China plans to embed AI in energy infrastructure to optimise power grid efficiency
Snippet: Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage
Read full article: https://www.scmp.com/economy/china-economy/article/3355153/china-plans-embed-ai-energy-infrastructure-optimise-power-grid-efficiency?utm_source=rss_feed
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[2026-05-28 18:14 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: China plans to embed AI in energy infrastructure to optimise power grid efficiency
Snippet: Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage
Read full article: https://www.scmp.com/economy/china-economy/article/3355153/china-plans-embed-ai-energy-infrastructure-optimise-power-grid-efficiency
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[2026-05-28 18:05 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Foreign parents in Seoul can get help with daycare costs
Snippet: For many foreign parents in Seoul, childcare can become one of the biggest financial pressures of raising children in Korea, especially for families still adjusting to visa procedures, housing costs and life in a new country.
Read full article: https://www.koreaherald.com/article/10758177
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[2026-05-28 18:01 UTC+10:00] [Football Australia] [Factuality: 100]
Source: Guardian Australia
Title: Football Australia receives surprise video from Fifa boss Infantino amid news of financial pain
Snippet: National body’s AGM features prerecorded message of support
Read full article: https://www.theguardian.com/sport/2026/may/28/fifa-president-gianni-infantino-football-australia-support-message
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[2026-05-28 18:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: China’s brokerage crackdown: banks cut stock forecasts for Futu, Tiger
Snippet: CCB and Goldman Sachs slash brokerage valuations, profit forecasts after regulatory action on unauthorised cross-border trading
Read full article: https://www.scmp.com/business/markets/article/3355150/chinas-brokerage-crackdown-banks-cut-stock-forecasts-futu-tiger?utm_source=rss_feed
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