Topic: Economy & Finance — Neutral reports only

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[2026-07-09 01:01 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: US states seek $1.4 trillion from Meta
Snippet: Meta could face up to $1.4 trillion in penalties after four US states accused the company of designing Facebook and Instagram to addict young users, media have reported, citing court documents. The potential fines are nearly equal to the company’s current market value of around $1.5 trillion.
Read full article: https://www.rt.com/news/642733-meta-us-lawsuit/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-07-09 00:41 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: IMF sees world economy growing just 3% this year amid Iran war
Snippet: The outlook is weighed down by the Iran war but helped by AI and other technologies
Read full article: https://www.scmp.com/news/world/article/3359890/imf-sees-world-economy-growing-just-3-year-amid-iran-war?utm_source=rss_feed
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[2026-07-09 00:41 UTC+10:00] [energy shock] [Factuality: 100]
Source: South China Morning Post
Title: IMF sees world economy growing just 3% this year amid Iran war
Snippet: The outlook is weighed down by the Iran war but helped by AI and other technologies
Read full article: https://www.scmp.com/news/world/article/3359890/imf-sees-world-economy-growing-just-3-year-amid-iran-war
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[2026-07-08 23:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: South Korea Falls Into Bear Market As Memory Euphoria Fizzles
Snippet: It started off with the usual morning rush by retail momentum chasers into the handful of massive, market-moving names (read Samsung Electronics and SK Hynix), but as has been the case over the past two weeks, the initial euphoria quickly reversed and the Kospi rolled over, closing down 5.4%, 9.99% over the past two days, and down 22% from the all time high of 9385 hit just over 2 weeks ago on Jun 18.
Read full article: https://www.zerohedge.com/markets/south-korea-falls-bear-market-memory-euphoria-fizzles
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[2026-07-08 23:21 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Tanzania purchases 28 tons of gold over past 18 months
Snippet: Tanzania is rapidly building one of Africa's biggest gold reserves, with its central bank buying nearly 28 tonnes of gold over the past 18 months, worth an estimated 3.7 billion dollars.
Read full article: http://www.africanews.com/2026/07/08/tanzania-purchases-28-tons-of-gold-over-past-18-months/
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[2026-07-08 23:08 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Filipinos in Rota seek PH government help after Bavi devastation
Snippet: SAIPAN, Northern Mariana Islands — Filipino community leaders on the typhoon-devastated island of Rota appealed to the Philippine government to extend financial and humanitarian assistance to overseas Filipinos left struggling after Super Typhoon Bavi destroyed homes, cut off water and electricity, and crippled much of the island's infrastructure.
Read full article: https://www.manilatimes.net/2026/07/08/news/filipinos-in-rota-seek-ph-government-help-after-bavi-devastation/2380895
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[2026-07-08 23:00 UTC+10:00] [Africa] [Factuality: 95]
Source: Politico
Title: Renewed Middle East conflict will buffet world economy, IMF warns
Snippet: BRUSSELS — Renewed geopolitical tensions in the Middle East would hurt growth and stoke inflation, the International Monetary Fund warned Wednesday, as a fragile ceasefire between Iran and the U.S. threatens to fall apart after fresh military strikes on both sides.
Read full article: https://www.politico.eu/article/middle-east-conflict-world-economy-international-monetary-fund-iran/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-07-08 23:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Beijing seeks chip stability and fair market access during Dutch trade minister’s trip
Snippet: Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access
Read full article: https://www.scmp.com/economy/global-economy/article/3359872/beijing-seeks-chip-stability-and-fair-market-access-during-dutch-trade-ministers-trip?utm_source=rss_feed
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[2026-07-08 23:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Beijing seeks chip stability and fair market access during Dutch trade mission
Snippet: Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access
Read full article: https://www.scmp.com/economy/global-economy/article/3359872/beijing-seeks-chip-stability-and-fair-market-access-during-dutch-trade-ministers-trip
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[2026-07-08 23:00 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: IMF warns Iran war energy shock is cooling global growth as oil prices jump
Snippet: Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026. (Amirhosein Khorgooi/ISNA via AP)
Read full article: https://apnews.com/article/imf-world-economy-war-ai-5df2a8eb775b94bb6de1067fd694f6f0
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[2026-07-08 23:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Knicks’ Jalen Brunson taking stage for inaugural WSJ Sports: The Next Sports Economy event
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/07/08/sports/jalen-brunson-taking-stage-for-at-wsj-sports-the-next-sports-economy-event/
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[2026-07-08 23:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: IMF sharply lowers Middle East 2026 growth forecast on Strait of Hormuz closure | The National
Snippet: The International Monetary Fund on Wednesday sharply downgraded its 2026 growth forecast for the Middle East as the Strait of Hormuz's prolonged closure choked off the region's energy supply chains.
Read full article: https://www.thenationalnews.com/business/economy/2026/07/08/imf-sharply-lowers-middle-east-2026-growth-forecast-on-strait-of-hormuz-closure/
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[2026-07-08 23:00 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Less pain at the petrol pump, but more pain is coming on grocery bills
Snippet: Food prices are likely to continue climbing as the fallout from the war against Iran ripples from farms through to the nation’s grocery distribution system, the Reserve Bank’s chief economist has warned, as the International Monetary Fund cautions the fallout from the Middle East is not over yet.
Read full article: https://www.theage.com.au/politics/federal/less-pain-at-the-petrol-pump-but-more-pain-is-coming-on-grocery-bills-20260708-p60dmt.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-07-08 22:32 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over
Snippet: Markets are on the backfoot this morning with equity futures and macro credit under pressure, bond yields spiking, the USD higher, and oil jumping after President Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over calling it “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz.
Read full article: https://www.zerohedge.com/markets/futures-slide-oil-jumps-after-tump-declares-iran-ceasefire-over
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[2026-07-08 22:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: A healthy economy isn’t built on asset bubbles and debt pyramids
Snippet: A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis
Read full article: https://www.scmp.com/opinion/world-opinion/article/3359600/healthy-economy-isnt-built-asset-bubbles-and-debt-pyramids?utm_source=rss_feed
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[2026-07-08 22:30 UTC+10:00] [Moritz Schularick] [Factuality: 100]
Source: South China Morning Post
Title: A healthy economy isn’t built on asset bubbles and debt pyramids
Snippet: A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis
Read full article: https://www.scmp.com/opinion/world-opinion/article/3359600/healthy-economy-isnt-built-asset-bubbles-and-debt-pyramids
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[2026-07-08 22:15 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Ireland passes bill banning goods from Israel-occupied settlements in West Bank and Jerusalem
Snippet: The Irish parliament on Tuesday approved legislation to prohibit the import of products from Israeli settlements in the occupied Palestinian territories of the West Bank and East Jerusalem.
Read full article: https://www.middleeasteye.net/news/ireland-passes-bill-banning-goods-israeli-west-bank-and-east-jerusalem-settlements
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[2026-07-08 21:40 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Fed meeting minutes to show 'family fight' over rates. The squabble could drag on for a while
Snippet: Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there.
Read full article: https://www.cnbc.com/2026/07/08/with-minutes-due-feds-family-fight-over-interest-rates-could-drag-on.html
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[2026-07-08 20:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Prospective Homebuyers Face Another Year Without Affordability Relief
Snippet: Goldman economist Ronnie Walker has some bad news for prospective homebuyers: while the housing market appears soft but broadly stabilizing, affordability pressures are unlikely to abate anytime soon.
Read full article: https://www.zerohedge.com/markets/prospective-homebuyers-face-another-year-without-affordability-relief
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[2026-07-08 20:36 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: The best used sedans for under $15,000, according to Edmunds
Snippet: This photo provided by Honda shows the 2016 Civic, a longtime popular choice for a small sedan that offers peppy acceleration and solid fuel economy as well as solid construction. Aim to find a 2016 Civic, the year it received a redesign and a new optional turbocharged engine. (Courtesy of Edmunds via AP)
Read full article: https://apnews.com/article/sedan-car-shopping-15000-986c03066f1606a7e46acdb1f2cb1b14
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[2026-07-08 20:16 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Snippet: The prediction market app Polymarket is displayed on a mobile phone, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, File)
Read full article: https://apnews.com/article/polymarket-kalshi-prediction-markets-cftc-774de0d21eba8bf380a68a3ca01f6aaa
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[2026-07-08 20:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Tourist arrivals in Hong Kong jump by 13% to 26.7 million in first half of year
Snippet: Increase shows success of strategy based on mega-events, tourism minister says, while transport chief also points to more destinations served by airport
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3359866/tourist-arrivals-hong-kong-jump-13-267-million-first-half-year?utm_source=rss_feed
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[2026-07-08 20:15 UTC+10:00] [tourism] [Factuality: 100]
Source: South China Morning Post
Title: Tourist arrivals in Hong Kong jump by 13% to 26.7 million in first half of year
Snippet: Increase shows success of strategy based on mega-events, tourism minister says, while transport chief also points to more destinations served by airport
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3359866/tourist-arrivals-hong-kong-jump-13-267-million-first-half-year
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[2026-07-08 20:00 UTC+10:00] [US economy] [Factuality: 100]
Source: Guardian Australia
Title: Trump’s policy mayhem is making even the Maga faithful consider walking away
Snippet: Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic troubles
Read full article: https://www.theguardian.com/business/2026/jul/08/trump-maga-faithful-economy
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[2026-07-08 20:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese city ‘sold’ same plot of land 18 times to inflate fiscal revenue: watchdog
Snippet: Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains
Read full article: https://www.scmp.com/economy/china-economy/article/3359856/chinese-city-sold-same-plot-land-18-times-inflate-fiscal-revenue-watchdog?utm_source=rss_feed
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[2026-07-08 20:00 UTC+10:00] [National Audit Office] [Factuality: 100]
Source: South China Morning Post
Title: Chinese city ‘sold’ same plot of land 18 times to inflate fiscal revenue: watchdog
Snippet: Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains
Read full article: https://www.scmp.com/economy/china-economy/article/3359856/chinese-city-sold-same-plot-land-18-times-inflate-fiscal-revenue-watchdog
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[2026-07-08 19:47 UTC+10:00] [Finance] [Factuality: 100]
Source: Asia Times
Title: South Korea’s market chaos puts region on AI meltdown alert
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/07/south-koreas-market-chaos-puts-region-on-ai-meltdown-alert/
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[2026-07-08 19:09 UTC+10:00] [Finance] [Factuality: 100]
Source: Asia Times
Title: How Japan’s yen rout could spark a US financial crisis
Snippet: Keep independent journalism alive
Read full article: https://asiatimes.com/2026/07/how-japans-yen-rout-could-spark-a-us-financial-crisis/
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[2026-07-08 19:00 UTC+10:00] [NBA] [Factuality: 100]
Source: Guardian Australia
Title: NBA free agency winners and losers: Sixers cash in while Celtics pay price
Snippet: From Philly’s blockbuster coup to LeBron James once again dominating the market, here are the early winners and losers from a frantic first week of NBA free agency
Read full article: https://www.theguardian.com/sport/2026/jul/08/nba-free-agency-2026-winners-losers-sixers-celtics-lakers-lebron
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[2026-07-08 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China targets 190 million inbound travellers, more global influence in 2030 plan
Snippet: Inbound tourism has grown since late 2023, when China began expanding its visa-free entry scheme to cover an additional 50 countries
Read full article: https://www.scmp.com/economy/china-economy/article/3359829/china-targets-190-million-inbound-travellers-more-global-influence-2030-plan?utm_source=rss_feed
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[2026-07-08 18:00 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: China targets 190 million inbound travellers, more global influence in 2030 plan
Snippet: Inbound tourism has grown since late 2023, when China began expanding its visa-free entry scheme to cover an additional 50 countries
Read full article: https://www.scmp.com/economy/china-economy/article/3359829/china-targets-190-million-inbound-travellers-more-global-influence-2030-plan
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[2026-07-08 17:56 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Major banks to offer financial support to Homeplus suppliers
Snippet: SEOUL, July 8 (Yonhap) -- Major commercial banks on Wednesday announced financial support measures for local suppliers of troubled discount store chain Homeplus Co. after a court decided to terminate its rehabilitation proceedings.
Read full article: https://en.yna.co.kr/view/AEN20260708010300320
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[2026-07-08 17:39 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: LG, GM joint venture begins US production of ESS LFP batteries
Snippet: LG Energy Solution has started mass production of lithium iron phosphate (LFP) battery cells at its US joint venture plant with General Motors, accelerating its push into the fast-growing North American energy storage systems market.
Read full article: https://www.koreaherald.com/article/10802660
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[2026-07-08 17:08 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: UAE among world's top 10 recipients of FDI in 2025, UN report says | The National
Snippet: Foreign direct investment into the UAE rose by about 6 per cent to reach $48.24 billion in 2025, the ninth highest total in the world, the UN Conference on Trade and Development (Unctad) has found.
Read full article: https://www.thenationalnews.com/business/economy/2026/07/08/uae-among-worlds-top-10-recipients-of-fdi-in-2025-un-report-says/
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[2026-07-08 16:29 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s Paul Chan pledges second trip to Saudi Arabia to build Mideast ties
Snippet: Finance chief announces plan to visit kingdom as Hong Kong becomes first city to host LEAP tech conference outside Saudi Arabia
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3359822/hong-kongs-paul-chan-pledges-second-trip-saudi-arabia-build-mideast-ties?utm_source=rss_feed
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[2026-07-08 16:29 UTC+10:00] [scmp] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong’s Paul Chan pledges second trip to Saudi Arabia to build Mideast ties
Snippet: Finance chief announces plan to visit kingdom as Hong Kong becomes first city to host LEAP tech conference outside Saudi Arabia
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3359822/hong-kongs-paul-chan-pledges-second-trip-saudi-arabia-build-mideast-ties
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[2026-07-08 16:08 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Singapore hospital group makes market debut as population ages
Snippet: Singaporean hospital group Foundation Healthcare's stock listing ceremony at the Singapore Exchange on July 8. (Photo by Fumika Sato)
Read full article: https://asia.nikkei.com/business/markets/ipo/singapore-hospital-group-makes-market-debut-as-population-ages
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[2026-07-08 16:03 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Title: Iran’s economy faces long road to recovery as fragile truce tested
Snippet: Tehran, Iran – Three weeks after Iran and the United States signed a memorandum of understanding to extend their ceasefire, their truce remains fragile.
Read full article: https://www.aljazeera.com/news/2026/7/8/irans-economy-faces-long-road-to-recovery-as-fragile-truce-tested
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[2026-07-08 15:57 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: RBA chief economist warns of more frequent supply shocks
Snippet: Topic:Reserve Bank Of Australia
Read full article: https://www.abc.net.au/news/2026-07-08/reserve-bank-chief-economist-sarah-hunter-warns-supply-shocks/106889308
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[2026-07-08 15:50 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: N. Korea's Kim pays tribute to founder on death anniversary while reinforcing own leadership
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/10802436
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[2026-07-08 15:50 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: PNB waives InstaPay, PESONet transfer fees
Snippet: MANILA, Philipppines — The Philippine National Bank (PNB) will waive InstaPay and PESONet transfer fees for customers using its mobile banking application starting July 10, 2026 joining a growing number of banks offering free online fund transfers.
Read full article: https://www.manilatimes.net/2026/07/08/business/pnb-waives-instapay-pesonet-transfer-fees/2380475
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[2026-07-08 15:48 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Financial groups reignite race for insurance deals
Snippet: South Korea's insurance merger and acquisition market is showing signs of life after years of stalled deals, as major financial groups seek to expand beyond their core businesses.
Read full article: https://www.koreaherald.com/article/10802429
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[2026-07-08 15:46 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul ups pressure on MBK Partners amid Homeplus fallout
Snippet: MBK Partners has come under mounting political and regulatory pressure as Seoul's presidential office, lawmakers and financial authorities intensify scrutiny of the private equity firm's management practices amid Homeplus' court-led restructuring and possible liquidation.
Read full article: https://www.koreaherald.com/article/10802427
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[2026-07-08 15:38 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: S. Korea, US, Japan reaffirm denuclearization on peninsula, deepen energy cooperation
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/10802401
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[2026-07-08 15:33 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Gao Shanwen, economist who questioned China's GDP data, dies
Snippet: Gao Shanwen, an outspoken Chinese economist, is pictured here attending a forum in Beijing in 2009. © Reuters
Read full article: https://asia.nikkei.com/life-arts/obituaries/gao-shanwen-economist-who-questioned-china-s-gdp-data-dies
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[2026-07-08 15:15 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Apple begins testing CXMT chips for devices sold in China, FT says
Snippet: Apple has begun testing DRAM chips from China's state-backed ChangXin Memory Technologies for devices sold within China and is lobbying the U.S government to permit broader use of CXMT's products, the Financial Times reported on Wednesday, citing people familiar with the matter.
Read full article: https://www.cnbc.com/2026/07/08/apple-begins-testing-cxmt-chips-for-devices-sold-in-china-ft-says-.html
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[2026-07-08 15:12 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Gao Shanwen, economist who mapped China’s structural shift, dies at 55 after cancer fight
Snippet: During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures
Read full article: https://www.scmp.com/economy/china-economy/article/3359812/gao-shanwen-economist-who-mapped-chinas-structural-shift-dies-55-after-cancer-fight?utm_source=rss_feed
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[2026-07-08 15:12 UTC+10:00] [Zhou Xiaochuan] [Factuality: 100]
Source: South China Morning Post
Title: Gao Shanwen, economist who mapped China’s structural shift, dies at 55 after cancer fight
Snippet: During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures
Read full article: https://www.scmp.com/economy/china-economy/article/3359812/gao-shanwen-economist-who-mapped-chinas-structural-shift-dies-55-after-cancer-fight
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[2026-07-08 15:02 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Alex Eala on track for a first-round bye in WTA 1000 Toronto
Snippet: MANILA, Philippines — Following a historic Wimbledon run, Filipino tennis ace Alex Eala is on track for a tournament seed and a first-round bye at the WTA National Bank Open in Toronto, Canada.
Read full article: https://www.manilatimes.net/2026/07/08/sports/alex-eala-on-track-for-a-first-round-bye-in-wta-1000-toronto/2380467
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[2026-07-08 14:52 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Oil prices jump and shares are mixed in Asia
Snippet: A screen shows the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, July 8, 2026. (AP Photo/Lee Jin-man)
Read full article: https://apnews.com/article/stocks-rates-oil-iran-ai-671d9c94b302f7db533f46baa18387d3
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