Topic: Economy & Finance — Neutral reports only

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[2026-05-08 04:15 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US targets Cuba nickel operation in move with implications for China-linked supply chains
Snippet: Marco Rubio revealed sanctions on Thursday, escalating Trump administration’s pressure campaign against Havana’s military-controlled economy
Read full article: https://www.scmp.com/news/china/diplomacy/article/3352815/us-targets-cuba-nickel-operation-move-implications-china-linked-supply-chains?utm_source=rss_feed
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[2026-05-08 04:05 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan extends streak of record stock buybacks, led by these blue chips
Snippet: Share buyback programs are becoming bigger as corporate Japan embraces capital efficiency. (Photo by Yuki Kohara)
Read full article: https://asia.nikkei.com/business/markets/japan-extends-streak-of-record-stock-buybacks-led-by-these-blue-chips
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[2026-05-08 03:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Stunning Quarter": Highest Earnings Growth In Over Two Decades
Snippet: Yesterday, Deutsche Bank's head of thematic research published his latest chartbook, "The Great 2026 Reset," which delves into the market and political implications of the Iran conflict (available here to pro subs).
Read full article: https://www.zerohedge.com/markets/stunning-quarter-highest-earnings-growth-over-two-decades
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[2026-05-08 03:51 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: 'Shutdown': Moody's expects Dubai hotel occupancy to plummet to 10 percent
Snippet: The US-based financial analysis firm Moody's predicts that hotel occupancy in Dubai is set to plummet to 10 percent from a pre-war figure of 80 percent in the second quarter of the year, which ends on 1 July, The Wall Street Journal reported on Wednesday.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/shutdown-moodys-expects-dubai-hotel-occupancy-plummet-10-percent
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[2026-05-08 03:28 UTC+10:00] [Keir Starmer] [Factuality: 100]
Source: Guardian Australia
Title: If Labour now decides the PM is no longer up to the job, there’s just one problem: neither is anyone else | Gaby Hinsliff
Snippet: Whoever leads Britain through the next three years may have to navigate a recession, even a war. The way we choose that person needs an urgent overhaul
Read full article: https://www.theguardian.com/commentisfree/2026/may/07/labour-keir-starmer-britain-recession
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[2026-05-08 03:17 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Title: AI will be 'disruptive' but promises larger positives, US energy secretary says | The National
Snippet: US Energy Secretary Chris Wright on Thursday acknowledged that artificial intelligence will be a disruptive force, including in the jobs market, but said the revolutionary tech will ultimately bring “massively larger” positives.
Read full article: https://www.thenationalnews.com/future/technology/2026/05/07/ai-plus-scsp-chris-wright-protester/
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[2026-05-08 02:44 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey
Snippet: Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation expectations at the one-year horizon rose again to 3.64% in April from the previous month’s 3.42%, the highest since September 2023.
Read full article: https://www.zerohedge.com/economics/inflation-expectations-jump-3-year-high-financial-pessimism-surges-ny-fed-survey
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[2026-05-08 02:34 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: 'Shutdown': Moody's expects Dubai hotel occupancy to plummet to 10 percent
Snippet: The US-based financial analysis firm Moody's predicts that hotel occupancy in Dubai is set to plummet to 10 percent from a pre-war figure of 80 percent in the second quarter of the year, which ends on 1 July, The Wall Street Journal reported on Wednesday.
Read full article: https://www.middleeasteye.net/news/moodys-expects-dubai-hotel-occupancy-plummet-10-percent
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[2026-05-08 02:02 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Average US long-term mortgage rate ticks up to 6.37%
Snippet: A for sale sign is posted outside a home, Feb. 10, 2026, in Nashville, Tenn. (AP Photo/George Walker IV, file)
Read full article: https://apnews.com/article/mortgage-rates-housing-inflation-real-estate-c23af69ff9875870c4e0c2b976c64326
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: RCBC is lone Philippine bank to receive International Gold Quill
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/tmt-newswire/rcbc-is-lone-philippine-bank-to-receive-international-gold-quill/2338662
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[2026-05-08 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: GDP growth hits 5-year low
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/08/news/national/gdp-growth-hits-5-year-low/2338699
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[2026-05-08 01:47 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Israeli settler attacks leaves three Palestinians suffocated in occupied West Bank
Snippet: Three Palestinians have suffered suffocation after settlers attacked them in Masafer Yatta, according to the Wafa.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/israeli-settler-attacks-leaves-three-palestinians-suffocated-occupied
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[2026-05-08 01:37 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Title: Russian Economy Shrinks in the First Quarter
Snippet: Russia’s economy contracted at the beginning of the year as weak business activity and declining oil and gas revenues strained public finances.
Read full article: https://www.themoscowtimes.com/2026/05/07/russian-economy-shrinks-in-the-first-quarter-a92713
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[2026-05-08 01:36 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's MUFG taps Google's Gemini AI to help customers shop, save
Snippet: MUFG will pilot-test Google's AI functions on its financial services platform in fiscal 2026. (Source photos by Nikkei)
Read full article: https://asia.nikkei.com/business/technology/artificial-intelligence/japan-s-mufg-taps-google-s-gemini-ai-to-help-customers-shop-save
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[2026-05-08 01:10 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Title: Hormuz To Year-End: Bullish Or Bearish?
Snippet: With hopes of a permanent truce being continually undermined by minor skirmishes and blockade infringements, it remains unclear whether this war is close to ending. And while oil prices gyrate from one Trump Truth post to the next, two weeks of Brent above $100/barrel (only just inching below as of this morning) suggests the market is not buying into the quick resolution narrative.
Read full article: https://www.zerohedge.com/markets/hormuz-year-end-bullish-or-bearish
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[2026-05-08 00:50 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Oil prices drop awaiting Mideast peace progress
Snippet: Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz.
Read full article: https://www.manilatimes.net/2026/05/07/news/world/oil-prices-drop-awaiting-mideast-peace-progress/2338719
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[2026-05-08 00:27 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: France is fan favorite for the FIFA World Cup — but AI is backing another nation for glory, says BofA
Snippet: France has emerged as a clear fan favorite for this year's FIFA World Cup in North America, according to a Bank of America survey — but Microsoft's Copilot artificial intelligence tool is backing another champion.
Read full article: https://www.cnbc.com/2026/05/07/france-is-world-cup-favorite-but-ai-is-backing-another-winner.html
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[2026-05-08 00:18 UTC+10:00] [Israel] [Factuality: 100]
Source: Guardian Australia
Title: Israeli settler to go on trial over attack on French nun in Jerusalem
Snippet: Yona Simcha Schreiber from settlement in West Bank faces charge of assault motivated by hostility towards religious group
Read full article: https://www.theguardian.com/world/2026/may/07/israeli-settler-trial-attack-french-nun-jerusalem
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[2026-05-08 00:03 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Gold futures set for Hong Kong comeback as mainland China’s appetite for the metal grows
Snippet: City aims to broaden gold offerings and expand clearing and storage facilities to seize opportunities in the surging market
Read full article: https://www.scmp.com/business/banking-finance/article/3352800/gold-futures-set-hong-kong-comeback-mainland-chinas-appetite-metal-grows?utm_source=rss_feed
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[2026-05-08 00:03 UTC+10:00] [London Metal Exchange] [Factuality: 100]
Source: South China Morning Post
Title: Gold futures set for Hong Kong comeback as mainland China’s appetite for the metal grows
Snippet: City aims to broaden gold offerings and expand clearing and storage facilities to seize opportunities in the surging market
Read full article: https://www.scmp.com/business/banking-finance/article/3352800/gold-futures-set-hong-kong-comeback-mainland-chinas-appetite-metal-grows
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[2026-05-07 23:46 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Iran's grip on the Strait of Hormuz has jolted the world economy
Snippet: Hundreds of merchant ships remain bottled up in the Persian Gulf as the United States and Iran appear to be moving closer to an initial agreement to end the war. The Strait of Hormuz is the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as Iran has restricted movement through it and the U.S.
Read full article: https://apnews.com/article/iran-us-war-strait-hormuz-fuel-price-economy-numbers-408faf6d6fb1c0aa104d059257204f52
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[2026-05-07 23:42 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Can Israel's war economy survive its growing global isolation?
Snippet: Can a nation remain on a permanent war footing and survive, even thrive?
Read full article: https://www.middleeasteye.net/opinion/can-israels-war-economy-survive-its-growing-global-isolation
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[2026-05-07 23:02 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Oil Market: Africa facing new turbulence [Business Africa]
Snippet: Across Africa, economies remain closely tied to the oil market. OPEC and its allies recently announced a production increase of 188,000 barrels per day, though the move remains largely symbolic, as actual output still falls below quotas.
Read full article: http://www.africanews.com/2026/05/07/oil-market-africa-facing-new-turbulence-business-africa/
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[2026-05-07 23:00 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Over 80% Of Young Adults Believe Economy Is 'Bad/Terrible' And We're Seeing The Consequences All Over America
Snippet: Authored by Michael Snyder via The Economic Collapse blog,
Read full article: https://www.zerohedge.com/personal-finance/over-80-young-adults-believe-economy-badterrible-and-were-seeing-consequences-all
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[2026-05-07 22:53 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Paul Tudor Jones says AI bull market has 'another year or two to run'
Snippet: Paul Tudor Jones said the artificial intelligence-fueled bull market still has further to run, adding that he recently bought more related stocks as he looked for parallels to earlier tech booms.
Read full article: https://www.cnbc.com/2026/05/07/paul-tudor-jones-says-ai-bull-market-has-another-year-or-two-to-run.html
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[2026-05-07 22:49 UTC+10:00] [General] [Factuality: 90]
Source: The Moscow Times
Title: Kremlin Offers Thoughts and Prayers to Businesses Hurting From Constant Internet Outages
Snippet: The Kremlin said Thursday that it is not planning to offer financial support to businesses that have seen their bottom lines negatively impacted by persistent mobile internet outages in Moscow and other cities throughout the country in recent months.
Read full article: https://www.themoscowtimes.com/2026/05/07/kremlin-offers-thoughts-and-prayers-to-businesses-hurting-from-constant-internet-outages-a92709
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[2026-05-07 22:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy
Snippet: With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)...
Read full article: https://www.zerohedge.com/markets/jobless-claims-jolts-confirm-higher-hire-no-fire-economy
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[2026-05-07 22:30 UTC+10:00] [Politics / Victoria] [Factuality: 100]
Source: The Age
Title: Albanese to tip $3.8 billion into Suburban Rail Loop ‘locked box’
Snippet: Prime Minister Anthony Albanese will pour $3.8 billion into the Suburban Rail Loop despite inflation and debt fears, money that Labor will place in a “locked box” only to be spent on a project that federal and state Coalition parties have remained steadfast against.
Read full article: https://www.theage.com.au/politics/victoria/albanese-to-tip-3-8-billion-into-suburban-rail-loop-locked-box-20260507-p5zurc.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-07 22:28 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China vows action after EU cuts funding for green projects using Chinese inverters
Snippet: The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition
Read full article: https://www.scmp.com/economy/global-economy/article/3352796/china-vows-action-after-eu-cuts-funding-green-projects-using-chinese-inverters?utm_source=rss_feed
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[2026-05-07 22:28 UTC+10:00] [SMA] [Factuality: 100]
Source: South China Morning Post
Title: China vows action after EU cuts funding for green projects using Chinese inverters
Snippet: The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition
Read full article: https://www.scmp.com/economy/global-economy/article/3352796/china-vows-action-after-eu-cuts-funding-green-projects-using-chinese-inverters
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[2026-05-07 22:27 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Semi-Irrational Chase" Sends Futures To Another Record High, Oil Drops On Iran Optimism
Snippet: The global market meltup is rolling on. US stock futures inch higher, but are off session highs, with oil falling for a third straight day as traders waited for updates on a potential US-Iran peace deal that would reopen oil flows through the Strait of Hormuz. As of 8:00am ET, S&P and Nasdaq futures were 0.1% higher, after the benchmarks notched back-to-back record highs.
Read full article: https://www.zerohedge.com/markets/semi-irrational-chase-sends-futures-another-record-high-oil-drops-iran-optimism
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[2026-05-07 22:25 UTC+10:00] [General] [Factuality: 95]
Source: RT News
Title: Bad faith: Pope mistaken for prank caller in bank mishap
Snippet: A bank employee hung up on Pope Leo XIV after the pontiff tried to change his address over the phone, according to an anecdote shared by a longtime friend of the Vatican leader and reported by the New York Times.
Read full article: https://www.rt.com/news/639562-pope-leo-bank-call/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-05-07 22:25 UTC+10:00] [General] [Factuality: 95]
Source: RT News
Title: Read Full Article at RT.com
Snippet: A bank employee hung up on Pope Leo XIV after the pontiff tried to change his address over the phone, according to an anecdote shared by a longtime friend of the Vatican leader and reported by the New York Times.
Read full article: https://www.rt.com/news/639562-pope-leo-bank-call/
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[2026-05-07 22:08 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China, US drive global debt to record $353 trillion as Iran war adds pressure: report
Snippet: New report warns that rising conflicts, AI spending and energy security push are all expected to further increase global debt levels
Read full article: https://www.scmp.com/economy/global-economy/article/3352794/china-us-drive-global-debt-record-353-trillion-iran-war-adds-pressure-report?utm_source=rss_feed
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[2026-05-07 22:08 UTC+10:00] [United States] [Factuality: 100]
Source: South China Morning Post
Title: China, US drive global debt to record $353 trillion as Iran war adds pressure: report
Snippet: New report warns that rising conflicts, AI spending and energy security push are all expected to further increase global debt levels
Read full article: https://www.scmp.com/economy/global-economy/article/3352794/china-us-drive-global-debt-record-353-trillion-iran-war-adds-pressure-report
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[2026-05-07 22:07 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%
Snippet: Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases.
Read full article: https://www.cnbc.com/2026/05/07/whirlpool-says-iran-war-causing-recession-level-industry-decline-the-shares-are-down-20percent.html
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[2026-05-07 21:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Whirlpool Crashes After Iran Shock Sparks "Recession-Level" Appliance Slump
Snippet: Whirlpool shares crashed as much as 20% in premarket trading after the appliance maker slashed its full-year outlook and posted weaker-than-expected first-quarter results. Management directly blamed the three-month war in the Middle East for triggering a collapse in U.S. appliance demand.
Read full article: https://www.zerohedge.com/markets/whirlpool-shares-crash-after-iran-war-shock-crushes-profit
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[2026-05-07 21:08 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say
Snippet: The rally that propelled gold and silver to record-breaking highs in 2025 could pick up again if a U.S.-Iran peace deal is reached, market watchers told CNBC as prices ticked higher on Thursday.
Read full article: https://www.cnbc.com/2026/05/07/gold-silver-rally-resume-once-war-lifts-markets.html
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[2026-05-07 20:54 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to open applications for restaurant dog-friendly licences on May 18
Snippet: First phase of new scheme capped at 1,000 eateries, with successful applicants expected to be able to admit pets from July
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352776/hong-kong-open-applications-restaurant-dog-friendly-licences-may-18?utm_source=rss_feed
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[2026-05-07 20:54 UTC+10:00] [dog] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to open applications for restaurant dog-friendly licences on May 18
Snippet: First phase of new scheme capped at 1,000 eateries, with successful applicants expected to be able to admit pets from July
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352776/hong-kong-open-applications-restaurant-dog-friendly-licences-may-18
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[2026-05-07 20:41 UTC+10:00] [Breaking News] [Factuality: 100]
Source: Daily News
Title: Bribery Commission refiles case against ex-CBSL Governor Cabraal over Greek bond case
Snippet: The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has refiled a case before the Colombo High Court against former Central Bank Governor Ajith Nivard Cabraal, relating to the purchase of Greek Treasury bond investments in 2012.
Read full article: https://dailynews.lk/2026/05/07/local/991233/bribery-commission-refiles-case-against-ex-cbsl-governor-cabraal-over-greek-bond-case/
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[2026-05-07 20:36 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Prosecution again rejects arrest warrant request for Hybe chairman
Snippet: Prosecutors said Thursday they have again rejected a police request for an arrest warrant for Bang Si-hyuk, chairman and founder of K-pop powerhouse Hybe, citing a lack of supplementary investigation into his alleged unfair stock trading case.
Read full article: https://www.koreaherald.com/article/10733286
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[2026-05-07 20:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Ex-JPMorgan banker Chirayu Rana hired lawyer who repped Epstein accusers
Snippet: Former JPMorgan banker and Wall Street high-flyer Chirayu Rana has hired an attorney who has repped Epstein accusers and other major sexual harassment cases in his legal battle with the nation’s largest bank over claims Rana was forced to be a “sex slave.”
Read full article: https://nypost.com/2026/05/07/business/ex-jpmorgan-banker-chirayu-rana-hired-lawyer-who-repped-epstein-accusers/
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[2026-05-07 20:07 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Prosecution again rejects arrest warrant request for Hybe chairman
Snippet: SEOUL, May 7 (Yonhap) -- Prosecutors said Thursday they have again rejected a police request for an arrest warrant for Bang Si-hyuk, chairman and founder of K-pop powerhouse Hybe, citing a lack of supplementary investigation into his alleged unfair stock trading case.
Read full article: https://en.yna.co.kr/view/AEN20260507012651315
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[2026-05-07 20:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Fuel shocks, thin margins: why China’s airlines should ‘heed Spirit’s mistakes’
Snippet: Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
Read full article: https://www.scmp.com/economy/global-economy/article/3352759/fuel-shocks-thin-margins-why-chinas-airlines-should-heed-spirits-mistakes?utm_source=rss_feed
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[2026-05-07 20:00 UTC+10:00] [China State Railway Group] [Factuality: 100]
Source: South China Morning Post
Title: Fuel shocks, thin margins: why China’s airlines should ‘heed Spirit’s mistakes’
Snippet: Demise of US budget carrier seen as a warning sign of how turbulent it could get for China’s airlines with fragile bottom lines
Read full article: https://www.scmp.com/economy/global-economy/article/3352759/fuel-shocks-thin-margins-why-chinas-airlines-should-heed-spirits-mistakes
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[2026-05-07 19:15 UTC+10:00] [General] [Factuality: 92]
Source: Nikkei Asia
Title: Japan suspected of near $30bn interventions in thin Golden Week trading
Snippet: Japanese Finance Minister Satsuki Katayama has been warning that she is prepared to take "decisive action" against speculative yen selling. Market participants wonder if she might become overzealous. (Nikkei montage/Source photos by Lejun Wang and Sae Kamae)
Read full article: https://asia.nikkei.com/business/markets/currencies/japan-suspected-of-near-30bn-interventions-in-thin-golden-week-trading
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[2026-05-07 19:09 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Korean households spend just 130 won per 10,000 won in stock gains
Snippet: Much of the gains from Korea’s stock rally are redirected into real estate, limiting consumer spending
Read full article: https://www.koreaherald.com/article/10733256
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[2026-05-07 18:30 UTC+10:00] [Michele Bullock] [Factuality: 100]
Source: South China Morning Post
Title: Australia’s interest rate rise signals growing hawkish stance in Asia
Snippet: Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks
Read full article: https://www.scmp.com/opinion/world-opinion/article/3352708/australias-interest-rate-rise-signals-growing-hawkish-stance-asia
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[2026-05-07 18:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Australia’s interest rate rise signals growing hawkish stance in Asia
Snippet: Reserve Bank of Australia is less an outlier than a harbinger of global monetary trends in the wake of war-induced supply shocks
Read full article: https://www.scmp.com/opinion/world-opinion/article/3352708/australias-interest-rate-rise-signals-growing-hawkish-stance-asia?utm_source=rss_feed
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