Topic: Economy & Finance — Neutral reports only

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[2026-06-02 20:03 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Top Chinese map-making scientist detained in anti-corruption sweep
Snippet: Zhou Chenghu, a cartographer with a business empire in geographic information and low-altitude economy, probed by anti-graft authorities
Read full article: https://www.scmp.com/news/china/science/article/3355712/top-chinese-map-making-scientist-detained-anti-corruption-sweep?utm_source=rss_feed
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[2026-06-02 20:03 UTC+10:00] [CAS] [Factuality: 100]
Source: South China Morning Post
Title: Top Chinese map-making scientist detained in anti-corruption sweep
Snippet: Zhou Chenghu, a cartographer with a business empire in geographic information and low-altitude economy, probed by anti-graft authorities
Read full article: https://www.scmp.com/news/china/science/article/3355712/top-chinese-map-making-scientist-detained-anti-corruption-sweep
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[2026-06-02 19:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Indonesia's trade surplus hits lowest level in six years as rupiah slides
Snippet: Barges loaded with coal, one of Indonesia's most important export commodities, are anchored on the Mahakam river in Samarinda, East Kalimantan. © AP
Read full article: https://asia.nikkei.com/economy/trade/indonesia-s-trade-surplus-hits-lowest-level-in-six-years-as-rupiah-slides
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[2026-06-02 19:03 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Snippet: Euro zone inflation rose to an estimated 3.2% in May, driven by surging energy prices.
Read full article: https://www.cnbc.com/2026/06/02/inflation-euro-zone-iran-energy-costs.html
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[2026-06-02 19:00 UTC+10:00] [Environment / Climate change] [Factuality: 100]
Source: The Age
Title: How the arrival of a BYD ship marks a sea change in Australian motoring
Snippet: The giant purpose-built ship owned by BYD disgorging 5000 electric vehicles in Port Melbourne on Tuesday was not the only ominous sign of change for Australia’s dominant car brands this week, as new data suggests a structural shift is taking place in the auto market.
Read full article: https://www.theage.com.au/environment/climate-change/how-the-arrival-of-a-byd-ship-marks-a-sea-change-in-australian-motoring-20260602-p60367.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: As pioneering Chinese web forum returns, authorities warn free speech has limits
Snippet: Financial problems forced Tianya to shut down in 2023, but it returned on Monday to combat the rise of ‘fast-food content’
Read full article: https://www.scmp.com/news/china/politics/article/3355684/pioneering-chinese-web-forum-returns-authorities-warn-free-speech-has-limits?utm_source=rss_feed
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[2026-06-02 19:00 UTC+10:00] [TikTok] [Factuality: 100]
Source: South China Morning Post
Title: As pioneering Chinese web forum returns, authorities warn free speech has limits
Snippet: Financial problems forced Tianya to shut down in 2023, but it returned on Monday to combat the rise of ‘fast-food content’
Read full article: https://www.scmp.com/news/china/politics/article/3355684/pioneering-chinese-web-forum-returns-authorities-warn-free-speech-has-limits
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[2026-06-02 18:48 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals
Snippet: Retail sales for first four months of 2026 up 11.3 per cent from the same period last year
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355689/hong-kong-retail-sales-rise-86-april-back-higher-visitor-arrivals?utm_source=rss_feed
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[2026-06-02 18:48 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals
Snippet: Retail sales for first four months of 2026 up 11.3 per cent from the same period last year
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355689/hong-kong-retail-sales-rise-86-april-back-higher-visitor-arrivals
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[2026-06-02 18:38 UTC+10:00] [Alphabet] [Factuality: 100]
Source: Guardian Australia
Title: Google owner Alphabet to sell $80bn in stock to fund AI spending spree
Snippet: One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway
Read full article: https://www.theguardian.com/technology/2026/jun/02/google-alphabet-sell-stock-ai-share-sale-berkshire-hathaway
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[2026-06-02 18:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: How foreign investors should view China’s ‘little giants’ scheme
Snippet: The label has its uses but it proves nothing about commercial success, product quality, financial health or global competitiveness
Read full article: https://www.scmp.com/opinion/china-opinion/article/3355376/how-foreign-investors-should-view-chinas-little-giants-scheme?utm_source=rss_feed
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[2026-06-02 18:30 UTC+10:00] [yuan capital] [Factuality: 100]
Source: South China Morning Post
Title: How foreign investors should view China’s ‘little giants’ scheme
Snippet: The label has its uses but it proves nothing about commercial success, product quality, financial health or global competitiveness
Read full article: https://www.scmp.com/opinion/china-opinion/article/3355376/how-foreign-investors-should-view-chinas-little-giants-scheme
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[2026-06-02 18:26 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: How a WeChat mini-program is helping China fine-tune drone regulation
Snippet: New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits
Read full article: https://www.scmp.com/economy/china-economy/article/3355682/how-mini-program-helping-china-fine-tune-drone-regulation?utm_source=rss_feed
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[2026-06-02 18:26 UTC+10:00] [low-altitude economy] [Factuality: 100]
Source: South China Morning Post
Title: How a WeChat mini-program is helping China fine-tune drone regulation
Snippet: New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits
Read full article: https://www.scmp.com/economy/china-economy/article/3355682/how-mini-program-helping-china-fine-tune-drone-regulation
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[2026-06-02 17:32 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Boston Consulting Group exec urges Japan to clarify purpose of investment
Snippet: The Japanese government needs to clarify the purpose of its strategic investment that Prime Minister Sanae Takaichi is promoting, Reiko Akiike, co-chair of Boston Consulting Group Japan, said in a recent interview.
Read full article: https://www.japantimes.co.jp/business/2026/06/02/economy/boston-consulting-executive-interview/
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[2026-06-02 17:28 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Kospi rally is real, but Korea's rerating has only begun: Shinyoung strategist
Snippet: Foreign investors remain net sellers, but domestic liquidity is increasingly driving Korea's market higher, veteran analyst says
Read full article: https://www.koreaherald.com/article/10762560
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[2026-06-02 17:19 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Biotech takeover target Abivax sinks over 30% after bowel disease drug trial update
Snippet: Shares of French biotech Abivax tumbled 32% after it reported fresh data on its lead asset, a drug for ulcerative colitis, that showed a potential cancer risk in patients.
Read full article: https://www.cnbc.com/2026/06/02/abivax-stock-bowel-crohns-disease-trial-data.html
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[2026-06-02 17:11 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares again end at record high on Samsung's performance
Snippet: South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence, led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply against the US dollar.
Read full article: https://www.koreaherald.com/article/10762536
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[2026-06-02 16:59 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (2nd LD) Lee orders prompt action to stabilize prices, warns against market cornering
Snippet: (ATTN: UPDATES with more background, remarks in paras 6-7, 16-18)
Read full article: https://en.yna.co.kr/view/AEN20260602004152315
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[2026-06-02 16:55 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Philippine President Marcos’ ratings hit record low as inflation bites
Snippet: A net satisfaction rating of minus 15 marks the worst showing of Ferdinand Marcos Jnr’s presidency so far
Read full article: https://www.scmp.com/week-asia/politics/article/3355665/philippine-president-marcos-ratings-hit-record-low-inflation-bites?utm_source=rss_feed
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[2026-06-02 16:55 UTC+10:00] [Philippine Statistics Authority] [Factuality: 100]
Source: South China Morning Post
Title: Philippine President Marcos’ ratings hit record low as inflation bites
Snippet: A net satisfaction rating of minus 15 marks the worst showing of Ferdinand Marcos Jnr’s presidency so far
Read full article: https://www.scmp.com/week-asia/politics/article/3355665/philippine-president-marcos-ratings-hit-record-low-inflation-bites
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[2026-06-02 16:48 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares again end at record high on Samsung's performance
Snippet: South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence, led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply against the US dollar.
Read full article: https://www.koreaherald.com/article/10762503
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[2026-06-02 16:46 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Seoul shares again end at record high on Samsung's performance
Snippet: SEOUL, June 2 (Yonhap) -- South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence (AI), led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The local currency fell sharply against the U.S.
Read full article: https://en.yna.co.kr/view/AEN20260602006700320
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[2026-06-02 16:23 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: A sleepless Korean won: Will 24-hour trading pay off?
Snippet: Round-the-clock won-dollar trading aims to boost market access and strengthen MSCI ambitions, but volatility concerns linger
Read full article: https://www.koreaherald.com/article/10762479
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[2026-06-02 16:08 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: European stocks poised to rebound ahead of key inflation update
Snippet: LONDON — Futures data pointed to a positive open for European equities on Tuesday, as investors await key data on the economic impact of the U.S.-Iran war.
Read full article: https://www.cnbc.com/2026/06/02/european-stocks-poised-to-rebound-ahead-of-key-inflation-update.html
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[2026-06-02 15:55 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: A minimum wage increase delivers a maximum inflation risk
Snippet: The Reserve Bank’s job to bring inflation was just made more difficult by the Fair Work Commission.
Read full article: https://www.theage.com.au/politics/federal/a-minimum-wage-increase-delivers-a-maximum-inflation-risk-20260602-p60345.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 15:54 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Korea, Africa seek deeper economic ties at business forum in Seoul
Snippet: Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts in diplomacy, military policy and North Korea’s evolving posture.
Read full article: https://www.koreaherald.com/article/10762452
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[2026-06-02 15:51 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027
Snippet: Chief Executive John Lee says city will also discuss tax agreement with Kazakhstani authorities to facilitate business dealings
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355653/hong-kong-relaunch-direct-flights-kazakhstans-almaty-first-quarter-2027?utm_source=rss_feed
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[2026-06-02 15:51 UTC+10:00] [Uzbekistan] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027
Snippet: Chief Executive John Lee says city will also discuss tax agreement with Kazakhstani authorities to facilitate business dealings
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3355653/hong-kong-relaunch-direct-flights-kazakhstans-almaty-first-quarter-2027
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[2026-06-02 15:42 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: India's Mahindra looking to EVs, pickups in global push: autos CEO
Snippet: Mahindra & Mahindra's strong performance in the Indian auto market, despite stiff competition, is boosting its hopes of brisk sales abroad, said Rajesh Jejurikar, executive director and CEO of the auto and farm segments at M&M. (Mahindra & Mahindra)
Read full article: https://asia.nikkei.com/editor-s-picks/interview/india-s-mahindra-looking-to-evs-pickups-in-global-push-autos-ceo
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[2026-06-02 15:34 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation
Snippet: Amazon's annual Prime Day event is scheduled to last four days — June 23 through June 26 — for a second straight year.
Read full article: https://www.cnbc.com/2026/06/02/amazon-prime-day-shopping-inflation.html
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[2026-06-02 15:30 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares sharply down late Tue. morning on profit-taking
Snippet: South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.
Read full article: https://www.koreaherald.com/article/10762425
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[2026-06-02 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: 11 Macau banks sign up for Project mBridge as city joins digital currency platform
Snippet: Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
Read full article: https://www.scmp.com/economy/china-economy/article/3355633/11-macau-banks-sign-project-mbridge-city-joins-digital-currency-platform?utm_source=rss_feed
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[2026-06-02 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Macau taps into Project mBridge digital currency platform
Snippet: Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks
Read full article: https://www.scmp.com/economy/china-economy/article/3355633/11-macau-banks-sign-project-mbridge-city-joins-digital-currency-platform
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[2026-06-02 14:32 UTC+10:00] [Money / Planning & budgeting] [Factuality: 95]
Source: The Age
Title: Want more financial success? These three things are holding you back
Snippet: June 2, 2026 — 2:32pm
Read full article: https://www.theage.com.au/money/planning-and-budgeting/want-more-financial-success-these-three-things-are-holding-you-back-20260602-p6034p.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-02 14:11 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Snippet: Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
Read full article: https://www.scmp.com/economy/china-economy/article/3355630/chinese-firms-overseas-expansion-fuelled-huge-government-subsidies-oecd-report?utm_source=rss_feed
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[2026-06-02 14:11 UTC+10:00] [shipbuilding] [Factuality: 100]
Source: South China Morning Post
Title: Chinese firms’ overseas expansion fuelled by huge government subsidies: OECD report
Snippet: Chinese commerce chamber argued the OECD had followed international measuring standards, unfairly targeted China’s state-led financial model
Read full article: https://www.scmp.com/economy/china-economy/article/3355630/chinese-firms-overseas-expansion-fuelled-huge-government-subsidies-oecd-report
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[2026-06-02 14:01 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: 250 years strong: The chemistry behind America’s success
Snippet: This summer marks a historic milestone as the nation commemorates and celebrates the 250th anniversary of its founding. As Americans reflect on the patriotism, ingenuity, and progress that have shaped the country, it would be remiss to not recognize the pivotal role that chemistry has played in its development. From the materials that built the earliest industries, to the technologies that power our economy and safeguard the ability to compete on a global scale, chemistry continues to power everyday life.
Read full article: https://nypost.com/dispatch/250-years-strong-the-chemistry-behind-americas-success/
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[2026-06-02 13:38 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares mostly fall as fighting threatens the US-Iran ceasefire
Snippet: People walk in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Tuesday, June 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Read full article: https://apnews.com/article/stock-markets-iran-nvidia-energy-oil-ba4257d9938ef6aea558db3010b4a53f
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[2026-06-02 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Emirates NBD and FAB lead responsible AI index as region's banks close gap with global peers | The National
Snippet: Two UAE banks, Emirates NBD and First Abu Dhabi Bank, have topped an index tracking the use of responsible artificial intelligence, receiving recognition for their role in narrowing the gap in adoption between the banking and finance sector in the Middle East and Africa and global peers.
Read full article: https://www.thenationalnews.com/business/banking/2026/06/02/emirates-nbd-and-fab-lead-responsible-ai-index-as-regions-banks-close-gap-with-global-peers/
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[2026-06-02 12:56 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Nvidia forays into CPU market for everything in challenge to Intel, AMD
Snippet: Nvidia CEO Jensen Huang speaks at a news conference in Taipei on June 2. (Photo by Ken Kobayashi)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/nvidia-forays-into-cpu-market-for-everything-in-challenge-to-intel-amd
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[2026-06-02 12:54 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (LEAD) Lee orders prompt action to stabilize prices, warns against market cornering
Snippet: (ATTN: UPDATES with more remarks, photo from 8th para)
Read full article: https://en.yna.co.kr/view/AEN20260602004151315
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[2026-06-02 12:35 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: SK Bioscience wins first UNICEF flu vaccine contract
Snippet: SK Bioscience said Tuesday it had been selected as a supplier of influenza vaccines to UNICEF, securing its first procurement contract with the United Nations agency and expanding its presence in the global public vaccine market.
Read full article: https://www.koreaherald.com/article/10762260
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[2026-06-02 12:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: A Three-Part Story: These Were The Best And Worst Performing Assets In February
Snippet: The Middle East continued to dominate market attention in May, as constant, daily, recurring hopes and media leaks and trial balloons for some kind of US-Iran deal meant that Brent crude oil fell -19.3%, marking its biggest monthly decline since March 2020 as the pandemic lockdowns began. Those hopes for an end to the conflict meant that fears about stagflation eased dramatically, which pushed yields lower and supported risk assets as well.
Read full article: https://www.zerohedge.com/markets/three-part-story-these-were-best-and-worst-performing-assets-february
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[2026-06-02 12:28 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Seoul shares sharply down late Tue. morning on profit-taking
Snippet: SEOUL, June 2 (Yonhap) -- South Korean stocks traded lower late Tuesday morning as investors rushed to cash out market heavyweights, bucking overnight gains on Wall Street.
Read full article: https://en.yna.co.kr/view/AEN20260602004800320
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[2026-06-02 12:27 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: (Yonhap Interview) Egyptian FM proposes Korean industrial zone on Suez Canal
Snippet: SEOUL, June 2 (Yonhap) -- Egypt's top diplomat on Tuesday proposed South Korean companies establish a dedicated industrial zone along the Suez Canal by expanding investment in the country, noting that if realized, it would help job creations and raise Korean firms' market access.
Read full article: https://en.yna.co.kr/view/AEN20260602004400315
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[2026-06-02 12:11 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Lee orders prompt action to stabilize prices, warns against market cornering
Snippet: SEOUL, June 2 (Yonhap) -- President Lee Jae Myung on Tuesday instructed officials to take prompt action to stabilize consumer prices while calling for stern punishments for those accused of market cornering.
Read full article: https://en.yna.co.kr/view/AEN20260602004100315
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[2026-06-02 11:58 UTC+10:00] [ASIA PACIFIC] [Factuality: 95]
Source: The Japan Times
Title: Lonely consumers in China fuel a $74 billion companionship economy
Snippet: On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can book and pay for “climbing buddies” to walk with them, carry bags and take photos for a few hundred yuan.
Read full article: https://www.japantimes.co.jp/news/2026/06/02/asia-pacific/society/china-companionship-economy/
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[2026-06-02 11:53 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: New Zealand imposes travel bans on three 'extremist' Israeli settlers
Snippet: New Zealand foreign minister Winston Peters announced travel bans on three Israeli settlers, saying they had “actively worked to expand illegal settlements in the West Bank, including through violence”.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/new-zealand-imposes-travel-bans-three-extremist-israeli-settlers
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[2026-06-02 11:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Asia’s ‘NewSpace’ economy is about more than just exploration
Snippet: Outer space is growing beyond a scientific frontier to become a forum for contests over sovereignty and economic security
Read full article: https://www.scmp.com/opinion/asia-opinion/article/3354897/asias-newspace-economy-about-more-just-exploration?utm_source=rss_feed
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