Topic: Economy & Finance — Neutral reports only
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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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[2026-05-12 15:41 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: Stock rally, overseas growth, SpaceX gains fuel record profit
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[2026-05-12 15:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Operadores de divisas reaccionan junto a una pantalla con el índice surcoreano Korea Composite Stock Price Index (KOSPI), a la izquierda, en la sala de operaciones del banco Hana en Seúl, Corea del Sur, el martes 12 de mayo de 2026. (AP Foto/Ahn Young-joon)
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[2026-05-12 15:38 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Ask.com, one of the internet’s earliest search engine competitors, has shut down its search business after nearly 30 years, marking the latest contraction in a market dominated by a handful of major players.
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[2026-05-12 15:35 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- The chief of the country's financial regulator said Tuesday that authorities will double the support for artificial intelligence (AI) firms.
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[2026-05-12 15:01 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Snippet: U.S. President Donald Trump is set to meet Chinese leader Xi Jinping in Beijing this week, as they look to preserve their trade truce. (Nikkei montage/Source photos by Reuters)
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[2026-05-12 15:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on a commercially sensitive and often-overlooked unit that tends to outperform during periods of market volatility.
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[2026-05-12 14:54 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- Yield rates on South Korean state bonds rose slightly in April from the previous month amid expectations of rising oil prices and inflationary pressure, market data showed Tuesday.
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[2026-05-12 14:43 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: As South Korea's and Taiwan's benchmark indexes surged to record highs this year — powered by Asia's trillion-dollar titans — it has raised concerns that their rallies are becoming dangerously dependent on a handful of artificial intelligence winners.
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[2026-05-12 14:33 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: Samsung Securities said Tuesday it launched a foreign omnibus account service in partnership with Interactive Brokers, marking a major step in efforts to attract more global retail investors to the South Korean stock market.
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[2026-05-12 14:18 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Currency traders react near a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, May 12, 2026. (AP Photo/Ahn Young-joon)
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[2026-05-12 14:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: Sharjah developer Arada is planning to launch new projects in the UAE this year despite market uncertainties related to the Iran war, the company's chief executive has said.
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[2026-05-12 13:09 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Traders’ catch-cry ‘Not a Chance Hormuz Opens’ replaces ‘Trump Always Chickens Out’ as grim predictions swirl over gridlock, oil prices
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[2026-05-12 13:09 UTC+10:00] [Agence France-Presse] [Factuality: 100]
Source: South China Morning Post
Snippet: Traders’ catch-cry ‘Not a Chance Hormuz Opens’ replaces ‘Trump Always Chickens Out’ as grim predictions swirl over gridlock, oil prices
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[2026-05-12 13:04 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: The Chinese short-video platform’s shares jumped as much as 10 per cent amid $20 billion valuation of spin-off, Tencent investor talks
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[2026-05-12 13:04 UTC+10:00] [Kuaishou Technology] [Factuality: 100]
Source: South China Morning Post
Snippet: The Chinese short-video platform’s shares jumped as much as 10 per cent amid $20 billion valuation of spin-off, Tencent investor talks
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[2026-05-12 13:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- The South Korean economy is showing signs of recovery, thanks to robust semiconductor exports and improving consumption demand, but downside risks persist due to uncertainties surrounding the Middle East, a state-run think tank said Tuesday.
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[2026-05-12 13:00 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Snippet: New Iranian strikes on its Gulf neighbours, a dangerous stalemate in the Strait of Hormuz and an inconclusive cycle of proposal and counterproposal between Washington and Tehran are straining many Middle Eastern economies. Iraq – a crucial regional crossroads – has more to lose from this conflict than most.
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[2026-05-12 12:43 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: HD Construction Equipment said Tuesday its emergency automated equipment stop technology (E-Stop) has won Italy’s SaMoTer Innovation Award, expanding its push in Europe’s tightly regulated construction market.
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[2026-05-12 12:37 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- Rival parties have unveiled a package of campaign pledges ahead of the local elections, with the ruling Democratic Party (DP) focusing on promoting balanced regional development and artificial intelligence, while the main opposition People Power Party (PPP) is vowing efforts to improve the housing market.
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[2026-05-12 12:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
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[2026-05-12 12:00 UTC+10:00] [South China Morning Post] [Factuality: 100]
Source: South China Morning Post
Snippet: Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development
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[2026-05-12 11:59 UTC+10:00] [Business / The economy] [Factuality: 90]
Source: The Age
Snippet: May 12, 2026 — 11:59am
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[2026-05-12 11:26 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
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[2026-05-12 11:23 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Isuzu is a major investor in Thailand and remains committed as other Japanese companies scale back their expatriate staff in the Southeast Asian country. (Nikkei montage/Source photos by Rie Ishii)
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[2026-05-12 11:20 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
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[2026-05-12 11:20 UTC+10:00] [Europe] [Factuality: 100]
Source: South China Morning Post
Snippet: Asia-Pacific’s largest intergenerational wealth transfer in modern times is set to transpire over the next 30 years, financial firm predicts
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[2026-05-12 10:49 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- President Lee Jae Myung on Tuesday pledged to address what he called predatory financial practices burdening low-income debtors, referring to cases of defaulters excluded from a government debt cancellation program.
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[2026-05-12 10:34 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Snippet: The chief of the Bank of Korea has been elected to the highest decision-making body of the Bank for International Settlements, Seoul's central bank said Tuesday.
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[2026-05-12 10:30 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 12 (Yonhap) -- The chief of the Bank of Korea (BOK) has been elected to the highest decision-making body of the Bank for International Settlements (BIS), Seoul's central bank said Tuesday.
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[2026-05-12 10:02 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Snippet: A former World Bank president has told the BBC that China should stop hoarding food and fertiliser to ease a global supply crisis caused by the Iran war.
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[2026-05-12 08:01 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: Stock market mustn't be reduced to casino for speculators
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[2026-05-12 07:05 UTC+10:00] [General] [Factuality: 90]
Source: Middle East Eye
Snippet: Prime Minister Narendra Modi on Sunday urged Indians to cut down on petrol and diesel consumption and stop buying gold, in a sign that the US-Israeli war on Iran is starting to jolt the world’s fourth-largest economy.
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[2026-05-12 07:00 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: HANOI -- When Phung Anh Tuan was a 20-year-old university student two decades ago, he ran out of cash to pay staff at a cybersecurity startup. A bank loan was out of reach on such short notice, so he walked into a pawnshop, pledged what he had and borrowed enough to keep the business going.
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[2026-05-12 06:53 UTC+10:00] [General] [Factuality: 90]
Source: New York Post
Snippet: Former reality TV star Jack Osbourne is being sued by a furious bank that claims he defaulted on a $250,000 loan, according to a new lawsuit.
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[2026-05-12 06:49 UTC+10:00] [General] [Factuality: 90]
Source: New York Post
Snippet: A top British bank is warning of a big spike in ticket fraud ahead of this year’s World Cup, as sky-high prices could drive fans into the arms of scammers.
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[2026-05-12 06:37 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: President Trump is signing a pair of executive orders aimed at lowering beef prices, a White House official told The Post – his latest effort to ease affordability as the price of a tasty steak skyrockets and inflation concerns loom ahead of this year’s midterm elections.
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[2026-05-12 06:19 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records.
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[2026-05-12 05:50 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bank’s April 2026 South Asia Economic Update release on Friday(8) said.
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[2026-05-12 05:48 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses.
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[2026-05-12 05:48 UTC+10:00] [Breaking News] [Factuality: 100]
Source: Daily News
Snippet: The Fisheries, Aquatic and Ocean Resources Ministry said that obstacles to exporting Sri Lankan Blue Swimming Crab to the US market have been cleared, as Sri Lanka successfully met the stringent conditions imposed under the Marine Mammal Protection Act (MMPA).
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[2026-05-12 05:46 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: Sri Lankan ICT companies have strengthened their presence in the European market through participation in a strategic market exposure programme organized under the collaboration between the Sri Lanka Export Development Board (EDB) and the Import Promotions Desk Germany (IPD).
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[2026-05-12 05:45 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Israeli Prime Minister Benjamin Netanyahu’s office has lashed out at new European Union sanctions targeting Israeli settlers, rejecting the measures as illegitimate.
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[2026-05-12 05:37 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Snippet: The twenty-seven foreign ministers of the European Union approved new sanctions on Monday on Israeli settlers over rising violence against Palestinians in the occupied West Bank.
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[2026-05-12 05:36 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Bangladesh’s economy has reached a critical juncture where mounting public debt, chronic revenue shortfalls, and surging interest payments are creating unprecedented pressure.
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[2026-05-12 05:35 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: HNB PLC, a leading private bank in Sri Lanka, has entered a significant new chapter in its legacy of enabling homeownership through a partnership for 447 Luna Tower with Union Place Apartments (Pvt) Ltd., a Belluna Lanka company.
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