Topic: Economy & Finance — Neutral reports only
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[2026-05-12 23:42 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: Emaar founder Mohamed Alabbar is planning to invest upto $19 billion in Syria in different projects as Damascus looks to attract investments to rebuild its economy.
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[2026-05-12 23:35 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: Weight loss achieved through injectable GLP-1 drugs could be maintained by new oral pills entering the market and become a preventable treatment for chronic health conditions.
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[2026-05-12 23:34 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
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[2026-05-12 23:34 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Snippet: Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
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[2026-05-12 23:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
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[2026-05-12 23:30 UTC+10:00] [Xi Jinping] [Factuality: 100]
Source: South China Morning Post
Snippet: Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
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[2026-05-12 23:21 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours.
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[2026-05-12 23:12 UTC+10:00] [National] [Factuality: 100]
Source: 9News
Snippet: There will be 35,000 more migrants in Australia this financial year than previously expected, driven by fewer foreigners on temporary visas leaving, according to the budget papers.Immigration surged following the pandemic as the influx caught up from years of border restrictions, peaking at more than 550,000 in 2022-23, but has been steadily dropping since.The latest figures put net overseas migration at 295,000 in 2025-26 and 245,000 in 2026-27, up from last year's estimates of 260,000 this financial year and 225,000
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[2026-05-12 23:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: LONDON, United Kingdom — Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.
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[2026-05-12 23:04 UTC+10:00] [General] [Factuality: 90]
Source: The Jerusalem Post
Snippet: Over the past two years, I have published two books in the United States. On paper, both were products of the same mind and the same pen. Both explored the intimate, universal themes of home, family, and the complex threads that bind us to our roots. Both were launched into the vast, competitive American market with the hope of finding a home in the hearts of readers.
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[2026-05-12 22:53 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
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[2026-05-12 22:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
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[2026-05-12 22:37 UTC+10:00] [US economy] [Factuality: 100]
Source: Guardian Australia
Snippet: Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
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[2026-05-12 22:30 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
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[2026-05-12 22:27 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: A man inspects the site of an Israeli army demolition campaign that targeted several Palestinian commercial structures overnight, days after the issue of demolition and evacuation orders to owners, in the West Bank town of Al-Eizariya Tuesday, May 12, 2026. (AP Photo/Mahmoud Illean)
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[2026-05-12 22:14 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
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[2026-05-12 21:41 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Parliament House in Canberra. Treasurer Jim Chalmers says, "We're delivering a fairer tax system for workers, first home buyers and future generations." (Photo by Ken Kobayashi)
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[2026-05-12 21:05 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Telehealth company Hims & Hers' stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead.
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[2026-05-12 21:03 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Snippet: Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arrive
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[2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
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[2026-05-12 21:01 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Expectations for growth, profits and investment are all up, despite geopolitical turbulence
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[2026-05-12 20:39 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: India's consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March, even as the government kept prices at the pump steady to shield consumers from rising global oil prices.
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[2026-05-12 20:35 UTC+10:00] [Economy & Markets] [Factuality: 100]
Source: Michael West Media
Snippet: Don't pay so you can read it. Pay so everyone can!
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[2026-05-12 20:31 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Snippet: An explosion in a busy market in northwestern Pakistan has killed at least nine people and wounded 30, according to emergency workers and a medical official.
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[2026-05-12 20:31 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Snippet: Yulia Navalnaya, the widow of the late Russian opposition activist Alexei Navalny, has dismissed accusations of financial impropriety within the Anti-Corruption Foundation (FBK), which her husband founded in 2011 to investigate corruption among government officials.
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[2026-05-12 20:21 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Snippet: The Republic of Congo has formally asked to open negotiations with the International Monetary Fund (IMF) with a view to establishing a new economic and financial programme.
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[2026-05-12 20:20 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: MANILA, Philippines —The Senate on Tuesday approved on third and final reading a measure seeking to strengthen the implementation of the Universal Access to Quality Tertiary Education Act by expanding financial assistance, widening access for disadvantaged learners, and improving monitoring and quality assurance mechanisms in tertiary education.
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[2026-05-12 20:15 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: Property experts say the generational tax changes in Jim Chalmers’ budget, although well intended, will do little to address the most pressing crisis confronting Victoria’s moribund housing market – the prohibitive cost of building homes.
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[2026-05-12 19:53 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Snippet: Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war
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[2026-05-12 19:40 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: US President Donald Trump’s war with Iran has forced the government to spend an extra $15 billion over four years, slashing economic growth forecasts and spurring warnings of a disastrous spike in inflation if the conflict drags on and oil prices surge to as much as $US200 a barrel.
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[2026-05-12 19:40 UTC+10:00] [National / Queensland] [Factuality: 100]
Source: The Age
Snippet: The Albanese government has unveiled a daring overhaul of property tax to slug investors and help more first homebuyers enter the market – a move likely to be felt most acutely by Queenslanders.
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[2026-05-12 19:35 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Snippet: Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness
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[2026-05-12 19:32 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: Several tax measures to help small business with cash flow have been made permanent in the budget. (ABC News: John Gunn)
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[2026-05-12 19:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
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[2026-05-12 19:30 UTC+10:00] [high-income groups] [Factuality: 100]
Source: South China Morning Post
Snippet: Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
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[2026-05-12 19:07 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Snippet: You have reached your maximum number of saved items.
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[2026-05-12 18:06 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: The weekend attack took place in Pakistan's Khyber Pakhtunkhwa province, which borders Afghanistan. (AP Photo: Aamad Khattak)
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[2026-05-12 18:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
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[2026-05-12 18:00 UTC+10:00] [tokenised gold] [Factuality: 100]
Source: South China Morning Post
Snippet: The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
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[2026-05-12 17:33 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Snippet: “We are building the Land of Israel and destroying the idea of a Palestinian state,” said Israeli Finance Minister Bezalel Smotrich on Friday. The action that brought on his comments: Israel’s uprooting of 3,000 Palestinian-planted trees in the occupied West Bank.
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[2026-05-12 17:14 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Snippet: Already have Rappler+? Sign in to listen to groundbreaking journalism.
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[2026-05-12 16:45 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- SKC Ltd., the chemical and materials arm of SK Group, said Tuesday it will issue new shares worth 1.16 trillion won (US$786.6 million) to invest in its glass substrate business and improve its financial structure.
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[2026-05-12 16:42 UTC+10:00] [National / WA] [Factuality: 90]
Source: The Age
Snippet: The 2026-27 state budget has been labelled as reckless by the West Australian opposition, who have claimed it showed inflation was “made in WA” and strategies to address rising living costs were unsophisticated.
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[2026-05-12 16:10 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
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.
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[2026-05-12 16:01 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: President Lee Jae Myung on Tuesday slammed a bad bank in South Korea for their "predatory" act of collecting borrowers' debts that are long overdue.
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[2026-05-12 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
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[2026-05-12 16:00 UTC+10:00] [Europe] [Factuality: 100]
Source: South China Morning Post
Snippet: Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
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[2026-05-12 16:00 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: Treasurer Jim Chalmers will claim that a suite of tax changes covering negative gearing and capital gains tax will help 75,000 young Australians get into the property market.
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[2026-05-12 15:52 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: The inaugural HIVE Art Fair in Seoul will experiment with an alternative business model that removes set booth fees and places emphasis on curatorial presentation. The five-event fair will start on May 21 at COEX Magok.
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[2026-05-12 15:45 UTC+10:00] [General] [Factuality: 100]
Source: The Korea Herald
Snippet: Kakao Pay is ramping up its offline payment expansion, aiming to grow monthly offline payment users to 10 million by 2027 as competition intensifies in Korea’s digital payments market.
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