Topic: Economy & Finance — Neutral reports only
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[2026-05-07 08:50 UTC+10:00] [General] [Factuality: 92]
Source: Zero Hedge
Snippet: Here's something that could go incredibly well or spectacularly wrong: The Trump administration’s flagship program for American children - the so-called Trump accounts - could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world’s wealthiest individuals donate shares of their companies directly into the accounts, a move that would transform the program from a conservative cash-and-index-fund vehicle into a potential magnet for high-growth tech stock.
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[2026-05-07 08:45 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: The latest Hong Kong dollar-denominated offerings encourage more issuers from Hong Kong and overseas to explore local‑currency financing
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[2026-05-07 08:45 UTC+10:00] [Cathay Pacific] [Factuality: 100]
Source: South China Morning Post
Snippet: The latest Hong Kong dollar-denominated offerings encourage more issuers from Hong Kong and overseas to explore local‑currency financing
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[2026-05-07 08:06 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Israeli forces have bulldozed agricultural land in the town of Arrabeh, south of Jenin in the occupied West Bank, according to Wafa news agency.
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[2026-05-07 08:02 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: FanDuel CEO Amy Howe has been shown the door after five years with the company.
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[2026-05-07 07:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 7 (Yonhap) -- South Korea's foreign reserves rebounded in April despite efforts by authorities to manage exchange rate volatility, the central bank said Thursday.
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[2026-05-07 07:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Snippet: SEOUL, May 7 (Yonhap) -- South Korean insurers' overseas units posted a 24.8 percent-gain in their earnings last year as they expanded their operations overseas, the financial watchdog said Thursday.
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[2026-05-07 06:42 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: FIFA President Gianni Infantino says if fans don’t like the sky-high prices for this year’s World Cup, then too bad!
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[2026-05-07 06:29 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: Israeli forces continued military operations across the occupied West Bank on Wednesday, including the detention of a young Palestinian man in the city of Tubas, according to the Wafa news agency.
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[2026-05-07 06:17 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Snippet: Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.
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[2026-05-07 06:01 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: U.S. Treasury Secretary Scott Bessent, center, will meet with Japanese Prime Minister Sanae Takaichi, left, and Bank of Japan Gov. Kazuo Ueda on May 12. (Nikkei montage/Source photos by Nikkei and Reuters)
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[2026-05-07 05:54 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Experts are dubious that time will work in Mr. Trump’s favor. The United States “can certainly do more damage to the Iranian economy, but they have withstood more pressure than any other economy in history, and that hasn’t produced the collapse of the regime or more reasonable positions,” said Suzanne Maloney, an Iran specialist and director of the foreign policy program at the Brookings Institution.
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[2026-05-07 05:44 UTC+10:00] [Local] [Factuality: 100]
Source: Daily News
Snippet: The restructuring of Rs. 91.3 billion in loans obtained from State banks by SriLankan Airlines has now been completed, Ports and Civil Aviation and Energy Minister Anura Karunathilaka revealed in Parliament yesterday (6).
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[2026-05-07 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Seylan Bank recently recognised employees who achieved notable success at national-level mercantile sports competitions, reaffirming the Bank’s commitment to holistic employee development, teamwork and well-being beyond the workplace.
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[2026-05-07 05:32 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Snippet: In line with the national vision of accelerating digital transformation and financial inclusion, the National Savings Bank has launched an extensive Digital Drive campaign, taking banking services directly to the people through town storming initiatives and digital literacy programmes across key locations.
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[2026-05-07 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
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[2026-05-07 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Snippet: It has been reported that in line with the rapid increase in the price of gold in the international market, the price of gold in the local market has also increased significantly.
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[2026-05-07 05:20 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: New York City mayor Zohran Mamdani on Wednesday slammed an Israeli real estate expo at a local synagogue one day earlier, which had been promoting homes and land in the occupied West Bank.
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[2026-05-07 05:15 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Snippet: Oil prices are sinking and stock markets are bursting higher worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
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[2026-05-07 05:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Kalshi has a welcome bonus for first-time users who want to sign up for the fast-growing prediction market platform this spring.
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[2026-05-07 04:59 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: A borrower with a fairly typical $700,000 mortgage has seen a $317 increase to their monthly repayments with three rate rises this year. (ABC News: Alistair Kroie/John Gunn)
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[2026-05-07 04:58 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Snippet: A report that Iran and the US were inching closer to a peace deal sent oil prices plunging and stock indexes soaring, as some traders claimed that the false starts were starting to smell of market manipulation.
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[2026-05-07 04:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab.
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[2026-05-07 04:30 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Snippet: A new rental cooperative in Melbourne is offering low-income renters better housing than the private market. (ABC News: Rhiannon Stevens)
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[2026-05-07 04:30 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Snippet: Treasurer Jim Chalmers will promise a modest reduction in deficits in next week’s budget in an attempt to counter accusations that Labor’s spending record has pushed up interest rates, amid frustration in the cabinet over Reserve Bank governor Michele Bullock’s warning on handouts.
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[2026-05-07 04:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Readers of The Post interested in trying out Polymarket, the fast-growing prediction market, can collect a $20 bonus when they create an account using the Polymarket promo code NYPMAX.
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[2026-05-07 04:28 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: A-lister Jennifer Lopez has put the sprawling Beverly Hills mansion she once shared with ex-husband Ben Affleck back on the market with a significant price cut — just weeks after the actor gifted her his share of the beleaguered abode.
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[2026-05-07 04:18 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Snippet: Major-General Avi Bluth, the Israeli commander with responsibility for the occupied West Bank, had not known his comments would be leaked when he boasted of the success of Israel’s policies in the occupied territory.
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[2026-05-07 03:50 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Disgraced ex-JPMorgan banker Chirayu Rana tried to wrangle a settlement from the bank worth “north of $20 million” before he filed his bombshell sexual harassment lawsuit last year, The Post has learned.
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[2026-05-07 03:07 UTC+10:00] [General] [Factuality: 90]
Source: The National (UAE)
Snippet: International Holding Company (IHC) reported an almost two-fold jump in its first-quarter net income, its best result in more than seven years, and is doubling down on global investments despite the Iran war-driven uncertainty.
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[2026-05-07 03:06 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: Sitting in the passenger seat of a car, a high school teen clutches an insulin needle beneath her pursed lips. She overlays the social media video with a sexually charged caption: “when he says he wants to pin me so i lowkey grab the r3ta and he looks at me weird.”
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[2026-05-07 03:06 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: Retailers in China, including supermarkets, have taken a hit amid weakening domestic consumer spending. (Photo by Kentaro Shiozaki)
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[2026-05-07 02:18 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Snippet: American student organizations are fundraising for the "mothers of martyrs" to supplement a Palestinian Authority payment program after the governing body supposedly withheld financial support.
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[2026-05-07 02:15 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: PHILIPPINE Business Bank (PBB) posted sharp decline in first-quarter earnings as gains in core operations were offset by higher provisions and other cost pressures amid a difficult operating environment.
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[2026-05-07 02:15 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Snippet: By Benjamin Picton, senior market strategist at Rabobank
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[2026-05-07 02:03 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: BY the time the next typhoon makes landfall, the question will not be whether Filipino farmers and fisherfolk will lose their crops, livestock and livelihoods — it will be how much, and who, if anyone, will help them recover. The Philippines has the unenviable distinction of being among the most disaster-prone countries on Earth, and our agriculture sector — already battered, undercapitalized and structurally fragile — sits squarely in the crosshairs.
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[2026-05-07 01:48 UTC+10:00] [General] [Factuality: 90]
Source: CNBC
Snippet: Apollo Global Management CEO Marc Rowan on Wednesday warned investors that he was preparing his giant asset management firm for a potential market downturn and sharply criticized what he called the "egregious" practices of some rival insurers.
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[2026-05-07 01:30 UTC+10:00] [Banks] [Factuality: 100]
Source: Politico
Snippet: Ukrainian President Volodymyr Zelenskyy said Wednesday that Hungary has returned millions in cash and gold seized from a Ukrainian state bank convoy earlier this year.
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[2026-05-07 01:26 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Snippet: Egypt's annual inflation rate slowed slightly to 14.9% in April from 15.2% in March, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
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[2026-05-07 01:08 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Snippet: The global aviation shock triggered by the US-Israeli attack on Iran and resulting fuel shortages is a harbinger of even “more severe shocks” that will rock other sectors of the global economy, Kremlin envoy Kirill Dmitriev has warned.
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[2026-05-07 01:00 UTC+10:00] [Interest rates] [Factuality: 95]
Source: Guardian Australia
Snippet: A couple of years ago, banks were jostling for mortgage market share, making it simple to secure savings. Times have changed, but it can be done
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[2026-05-07 01:00 UTC+10:00] [Australian economy] [Factuality: 100]
Source: Guardian Australia
Snippet: If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us
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[2026-05-07 00:38 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Snippet: NEW YORK, United States — Disney shares jumped in pre-market trading Wednesday as the entertainment giant reported better than expected revenues and profits, thanks in part to growth in its streaming business.
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[2026-05-07 00:37 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Snippet: Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence.
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[2026-05-07 00:30 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Snippet: UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
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[2026-05-07 00:08 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Snippet: TikTok Shop is one of the top three players in Thailand's surging e-commerce market. © Reuters
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[2026-05-07 00:07 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Snippet: A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according to a newly unsealed US indictment and other court records.
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[2026-05-07 00:07 UTC+10:00] [General] [Factuality: 100]
Source: Al Jazeera
Snippet: About 100 pro-Palestinian protesters have gathered outside a New York synagogue for the second time in six months to demonstrate against an Israeli real estate event featuring properties for sale in the occupied West Bank.
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[2026-05-06 23:51 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Snippet: Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
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[2026-05-06 23:51 UTC+10:00] [mainland China] [Factuality: 100]
Source: South China Morning Post
Snippet: Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
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