Topic: Financial Markets — Neutral reports only

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[2026-06-11 22:35 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: South Korea's stock market rout isn't a vote against the country, market exchange chief says
Snippet: The selloff in South Korean stocks is not because foreign investors have lost confidence in the country, its stock market chief told CNBC.
Read full article: https://www.cnbc.com/2026/06/11/south-korea-kospi-selloff-foreign-investors-krx.html
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[2026-06-11 22:19 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Futures Rise, Oil Drops As US Ends Iran Strikes
Snippet: US equity futures are higher led by tech and small caps, with traders buying the dip in stocks as a swift conclusion to the latest round of US strikes against Iran raised expectations that talks over a peace deal and the reopening of the Strait of Hormuz will get back on track.
Read full article: https://www.zerohedge.com/markets/futures-rise-oil-drops-us-ends-iran-strikes
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[2026-06-11 21:20 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Strategy (MSTR) CEO Says Bitcoin Sale Was About Market 'Inoculation', Not A Retreat
Snippet: Authored by Micah Zimmerman via BitcoinMagazine.com,
Read full article: https://www.zerohedge.com/crypto/strategy-mstr-ceo-says-bitcoin-sale-was-about-market-inoculation-not-retreat
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[2026-06-11 20:53 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Elon Musk's SpaceX is about to make its debut on Wall Street. What to know
Snippet: SpaceX’s mega rocket Starship prepares for a test flight from Starbase in Boca Chica, Texas, Monday, Nov. 18, 2024. (AP Photo/Eric Gay, File)
Read full article: https://apnews.com/article/spacex-musk-starship-ipo-satellites-data-center-293e82ea0216efdd0ff7601baf85bae8
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[2026-06-11 20:37 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: SpaceX IPO is a ‘referendum’ on Musk, say market watchers
Snippet: Friday's hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a "referendum" on Elon Musk's leadership, according to market watchers.
Read full article: https://www.cnbc.com/2026/06/11/spacex-ipo-elon-musk-valuation.html
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[2026-06-11 20:00 UTC+10:00] [Shanghai Stock Exchange] [Factuality: 100]
Source: South China Morning Post
Title: To beat chip crunch, Chinese firm inks memory deal bigger than its sales
Snippet: The US$1.86 billion multi-year flash deal with unnamed supplier underscores how downstream companies scramble to secure capacity
Read full article: https://www.scmp.com/tech/tech-trends/article/3356752/beat-chip-crunch-chinese-firm-inks-memory-deal-bigger-its-sales
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[2026-06-11 18:23 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Manus on Markets: Trump's secret mission - US and Iran on edge as Hormuz dispute escalates | The National
Snippet: From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Read full article: https://www.thenationalnews.com/business/markets/2026/06/11/manus-on-markets-trumps-secret-mission-us-and-iran-on-edge-as-hormuz-dispute-escalates/
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[2026-06-11 17:09 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Emirates airline scraps profit targets as Iran war drags on | The National
Snippet: Emirates has scrapped its previous earnings targets and would be happy to break even this financial year if the conflict with Iran continues, its president Tim Clark has said.
Read full article: https://www.thenationalnews.com/business/aviation/2026/06/11/emirates-airline-scraps-profit-targets-as-iran-war-drags-on/
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[2026-06-11 16:48 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Shinsegae affiliates to acquire SSG.com stake from financial investor
Snippet: SEOUL, June 11 (Yonhap) -- Shinsegae Inc. and E-Mart Inc., key affiliates of retail conglomerate Shinsegae Group, said Thursday they will acquire the entire stake in the group's e-commerce affiliate SSG.com held by a financial investor in a deal valued at about 1.27 trillion won (US$785 million).
Read full article: https://en.yna.co.kr/view/AEN20260611007600320
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[2026-06-11 16:28 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Chinese firefighting equipment makers target untapped EU market
Snippet: Shaoxing-based Xingli Safe Way Fire wants to market its extinguishers, including one specifically for fires caused by lithium batteries, in Germany and the EU. (Photo by Jens Kastner)
Read full article: https://asia.nikkei.com/economy/trade/chinese-firefighting-equipment-makers-target-untapped-eu-market
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[2026-06-11 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Gov't calls on exporters to address FX volatility
Snippet: SEOUL, June 11 (Yonhap) -- South Korea on Thursday called on exporters to help ease recent volatility in the foreign exchange market, which includes promptly converting their export earnings into the won to boost dollar supply.
Read full article: https://en.yna.co.kr/view/AEN20260611006600320
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[2026-06-11 15:42 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: CGT share changes will ease home prices, treasurer says
Snippet: June 11, 2026 15:42 | News
Read full article: https://michaelwest.com.au/cgt-share-changes-will-ease-home-prices-treasurer-says/
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[2026-06-11 15:33 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s personal income tax compliance crackdown contributes to 12% rise in revenue
Snippet: State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
Read full article: https://www.scmp.com/economy/china-economy/article/3356710/chinas-personal-income-tax-compliance-crackdown-contributes-12-rise-revenue?utm_source=rss_feed
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[2026-06-11 15:33 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: China’s personal income tax compliance crackdown contributes to 12% rise in revenue
Snippet: State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement
Read full article: https://www.scmp.com/economy/china-economy/article/3356710/chinas-personal-income-tax-compliance-crackdown-contributes-12-rise-revenue
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[2026-06-11 14:55 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Nearly 1 in 10 drug suspects used virtual assets
Snippet: A growing share of suspects in South Korea are using virtual assets to buy and sell drugs, police data showed Thursday, adding to concerns that online tools are making transactions harder to trace.
Read full article: https://www.koreaherald.com/article/10769713
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[2026-06-11 14:52 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Korea's employment falls for first time in 17 months amid Middle East fallout
Snippet: Labor market weakens to worst since pandemic as manufacturing jobs plunge and youth employment keeps sliding
Read full article: https://www.koreaherald.com/article/10769698
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[2026-06-11 14:33 UTC+10:00] [General] [Factuality: 100]
Source: Financial Times
Title: Transcript: Can a correction fix Australia’s housing market?
Snippet: Marc Filippino, James Politi and Nic Fildes
Read full article: https://www.ft.com/content/64042514-f48a-4300-9383-85ebaf520076
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[2026-06-11 14:27 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: The $2.5 trillion space invasion coming to Wall Street
Snippet: Wall Street is about to have the biggest float in its history: Elon Musk’s SpaceX. Here’s what you need to know.
Read full article: https://www.theage.com.au/business/markets/the-2-5-trillion-space-invasion-coming-to-wall-street-20260611-p605uc.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 13:24 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
Snippet: OpenAI is mulling sharp price cuts to its artificial intelligence offerings, as it looks to woo consumers away from rival Anthropic, the Wall Street Journal reported Wednesday evening stateside, citing sources familiar with the matter.
Read full article: https://www.cnbc.com/2026/06/11/openai-mulls-slashing-prices-ahead-of-competition-from-anthropic-wsj.html
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[2026-06-11 13:13 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago
Snippet: NEW YORK — Another sell-off for artificial-intelligence stocks helped drag the US market sharply lower Wednesday, as Wall Street’s former superstars continue to face heavy scrutiny for their success.
Read full article: https://www.manilatimes.net/2026/06/11/business/foreign-business/another-sell-off-for-ai-stocks-knocks-wall-street-back-to-where-it-was-5-weeks-ago/2363253
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[2026-06-11 13:03 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers
Snippet: Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark Schilsky wrote that "most of my high level investor discussions focus on one major topic: when will the party end? Put another way, tech investors have made so much money in Semis so quickly that they are looking for potential warning signs that the music is about to stop.
Read full article: https://www.zerohedge.com/markets/ai-price-wars-begin-openai-considers-drastic-price-cuts-pursuit-anthropic-customers
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[2026-06-11 13:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Banks' household loan expands at fastest clip in nearly 2 yrs in May on stock investments-related loans
Snippet: SEOUL, June 11 (Yonhap) -- Household loans extended by banks rose at the fastest pace in nearly two years in May as lending linked to stock investment grew amid a market rally, data showed Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260611003300320
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[2026-06-11 11:56 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares edge lower after Wall Street's latest AI sell-off
Snippet: A screen shows foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Thursday, June 11, 2026. (AP Photo/Lee Jin-man)
Read full article: https://apnews.com/article/stocks-markets-ai-iran-oil-rates-87c831451197beedb3e29771de1e0a92
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[2026-06-11 11:14 UTC+10:00] [Liberal party] [Factuality: 90]
Source: Guardian Australia
Title: Angus Taylor rejects One Nation seat sharing deal as cracks appear in Liberal ranks over Pauline Hanson threat
Snippet: South Australian Liberal Tony Pasin says parties should ‘work hand-in-glove’ to defeat Labor at the next election
Read full article: https://www.theguardian.com/australia-news/2026/jun/11/angus-taylor-liberal-leader-rejects-one-nation-seat-share-pauline-hanson-threat-ntwnfb
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[2026-06-11 11:13 UTC+10:00] [Culture / TV & radio] [Factuality: 100]
Source: The Age
Title: Radio ratings: ABC still struggling and does anyone miss Kyle and Jackie O?
Snippet: The ABC’s struggles in the Melbourne radio market continue despite a small lift in audience share in the third ratings survey of the year.
Read full article: https://www.theage.com.au/culture/tv-and-radio/radio-ratings-abc-still-struggling-and-does-anyone-miss-kyle-and-jackie-o-20260611-p605rl.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 10:35 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares open sharply lower on US tech slide, Iran tensions
Snippet: South Korean stocks started sharply lower Thursday, tracking an overnight tech slump on Wall Street fueled by woes over the valuation of artificial intelligence shares and escalating tensions between the United States and Iran.
Read full article: https://www.koreaherald.com/article/10769175
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[2026-06-11 10:03 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Seoul shares open sharply lower on U.S. tech slide, Iran tensions
Snippet: SEOUL, June 11 (Yonhap) -- South Korean stocks started sharply lower Thursday, tracking an overnight tech slump on Wall Street fueled by woes over the valuation of artificial intelligence (AI) shares and escalating tensions between the United States and Iran.
Read full article: https://en.yna.co.kr/view/AEN20260611001800320
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[2026-06-11 10:01 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: Seven’s owner announces massive job cuts as TV earnings drop
Snippet: Southern Cross Media, the business created from the merger of Kerry Stokes’ Seven West and radio group Southern Cross, announced a profit downgrade and massive job cuts as market conditions continue to deteriorate.
Read full article: https://www.theage.com.au/business/companies/seven-s-owner-announces-massive-job-cuts-as-tv-earnings-drop-20260611-p605sb.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 09:49 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Sprawling estate owned by ‘Mr. Palm Springs’ hits the market for staggering $19.5 million
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/10/real-estate/harold-matzners-palm-springs-estate-hits-the-market-for-19-5-million/
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[2026-06-11 09:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts
Snippet: Korean retail investors’ aggressive leveraged bets on the market’s two dominant AI/Semi names - Samsung Electronics and SK Hynix - are now colliding with a sharp KOSPI correction, triggering the largest wave of forced stock sales in years and raising the specter of a self-reinforcing liquidation spiral.
Read full article: https://www.zerohedge.com/markets/fomo-oh-no-koreans-face-massive-forced-liquidations-ai-bubble-bursts
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[2026-06-11 09:00 UTC+10:00] [AI trade] [Factuality: 100]
Source: South China Morning Post
Title: Global AI trade flashing signals reminiscent of the dotcom bust, analysts warn
Snippet: Signs of excess are mounting in AI trade, with soaring IPOs and stretched valuations echoing run-ups to past market peaks, analysts say
Read full article: https://www.scmp.com/business/china-business/article/3356617/global-ai-trade-flashing-signals-reminiscent-dotcom-bust-analysts-warn
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[2026-06-11 09:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Global AI trade flashing signals reminiscent of the dotcom bust, analysts warn
Snippet: Signs of excess are mounting in AI trade, with soaring IPOs and stretched valuations echoing run-ups to past market peaks, analysts say
Read full article: https://www.scmp.com/business/china-business/article/3356617/global-ai-trade-flashing-signals-reminiscent-dotcom-bust-analysts-warn?utm_source=rss_feed
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[2026-06-11 07:55 UTC+10:00] [General] [Factuality: 90]
Source: ABC News
Title: ASX set to fall after Wall Street closed down
Snippet: Topic:Financial Markets
Read full article: https://www.abc.net.au/news/2026-06-11/asx-markets-business-live-news-june-11/106784126
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[2026-06-11 07:42 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Tokyo Disneyland 'magic' in doubt as operator's stock falls
Snippet: Mickey Mouse, Minnie Mouse and other characters appear at a show April 8 marking the 25th anniversary of Tokyo DisneySea. (Photo by Kazuho Fujiwara)
Read full article: https://asia.nikkei.com/business/media-entertainment/tokyo-disneyland-magic-in-doubt-as-operator-s-stock-falls
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[2026-06-11 07:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Apollo's President Warns AI Is Coming For Professional Services Jobs Next
Snippet: First AI came for Software, disrupting its various offshoots and sparking a brutal bear market at the start of the year before a powerful squeeze sent software stocks surging in recent weeks. Now, it's the turn of professional services, including law firms, accountancies and consulting firms, which according to Apollo’s co-president, Scott Kleinman are likely to be the next sector to face disruption from artificial intelligence.
Read full article: https://www.zerohedge.com/technology/apollos-president-warns-ai-coming-professional-services-jobs-next
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[2026-06-11 06:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Oracle Tumbles After Mixed Results, Capex Comes In Hot; Warns Another $40BN Debt/Equity Capital Raise Coming
Snippet: With tech stocks cracking for a 3rd straight day, and with the broader market closing at the lows in a surprising sign of weakness, many were looking to ORCL to kickstart the AI euphoria which has been oddly missing in recent days (and which send NVDA stock briefly just below the key level of $200).
Read full article: https://www.zerohedge.com/markets/oracle-tumbles-after-mixed-results-capex-comes-hot-warns-another-40bn-debtequity-capital
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[2026-06-11 06:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Solar Tops Coal In US Power Mix For The First Month Ever
Snippet: Solar power held a record-high 12.8% share of US electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a report on Wednesday. As OilPrice notes, while the share of solar-generated power jumped to a record high for a full month, the share of coal in the U.S.
Read full article: https://www.zerohedge.com/energy/solar-tops-coal-us-power-mix-first-month-ever
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[2026-06-11 06:20 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Snippet: Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 5% in extended trading as the company plans to raise more money to finance its AI buildout.
Read full article: https://www.cnbc.com/2026/06/10/oracle-orcl-q4-earnings-report-2026.html
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[2026-06-11 06:20 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: BBC InDepth
Snippet: Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
Read full article: https://www.bbc.com/news/bbcindepth
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[2026-06-11 06:17 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: How major US stock indexes fared Wednesday 6/10/2026
Snippet: Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower.
Read full article: https://apnews.com/article/wall-street-stocks-dow-nasdaq-f200bcea8e8c66c07539651474569506
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[2026-06-11 05:22 UTC+10:00] [Business / Markets] [Factuality: 100]
Source: The Age
Title: ASX set to fall as AI stocks, Middle East tensions weigh on Wall Street
Snippet: Wall Street is sharply lower in late trade with AI stocks again weighing on the market while escalating tensions in the Middle East are casting doubt on when United States and Iran can reach a deal to reopen the Strait of Hormuz to oil tankers.
Read full article: https://www.theage.com.au/business/markets/asx-set-to-fall-as-ai-stocks-middle-east-tensions-weigh-on-wall-street-20260611-p605p4.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 05:00 UTC+10:00] [Property / News] [Factuality: 95]
Source: The Age
Title: More properties languish on the market as buyers get the jitters
Snippet: Stubborn sellers and nervous buyers are responsible for a sharp increase in the number of Australian homes languishing on the market for six months or more, experts say.
Read full article: https://www.theage.com.au/property/news/more-properties-languish-on-the-market-as-buyers-get-the-jitters-20260603-p603mv.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 05:00 UTC+10:00] [National / WA] [Factuality: 100]
Source: The Age
Title: A Woodside report promised thousands of Browse jobs. New analysis tells another story
Snippet: A report commissioned by oil-and-gas giant Woodside has exaggerated the economic benefits of its Browse to North West Shelf gas project including overinflating the number of jobs it will create, according to a not-for-profit research group.
Read full article: https://www.theage.com.au/national/western-australia/a-woodside-report-promised-thousands-of-browse-jobs-new-analysis-tells-another-story-20260609-p6059c.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-11 03:33 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Why off-market home sales may be raising your property taxes
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/10/real-estate/why-off-market-home-sales-may-be-raising-your-property-taxes/
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[2026-06-11 03:07 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Wall Street needs a crash course in the token economy ahead of AI IPOs. SpaceX offers a preview
Snippet: When OpenAI and Anthropic eventually exit the confidential IPO filing phase and make their prospectuses public, investors are going to be inundated with references to a term that remains unfamiliar to many on Wall Street: tokens.
Read full article: https://www.cnbc.com/2026/06/10/wall-street-needs-crash-course-in-tokens-ahead-openai-anthropic-ipos.html
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[2026-06-11 02:35 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Company that bet big on Trump-backed crypto says its fortunes have improved
Snippet: AI Financial Corp., a publicly traded company that took heavy losses after making a billion-dollar bet on a cryptocurrency backed by the Trump family, said Wednesday that its outlook had improved. Its shares are down 92% since making that bet to 65 cents a share as of Wednesday's market open.
Read full article: https://www.cnbc.com/2026/06/10/trump-crypto-alt-5-sigma-ai-financial.html
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[2026-06-11 02:23 UTC+10:00] [Money] [Factuality: 95]
Source: Guardian Australia
Title: Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them
Snippet: Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profit
Read full article: https://www.theguardian.com/money/2026/jun/10/pay-what-you-wish-restaurant-where-customers-can-eat-free-if-conscience-lets-them
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[2026-06-11 01:00 UTC+10:00] [World Cup] [Factuality: 92]
Source: Guardian Australia
Title: The politics and profit of a World Cup in Trump’s America – podcast
Snippet: Kick-off is just hours away in what is already shaping up to be one of the most controversial and complex Fifa World Cups as geopolitical disputes and allegations of corporate greed cast a shadow over the tournament.
Read full article: https://www.theguardian.com/australia-news/audio/2026/jun/10/the-politics-and-profit-of-a-world-cup-in-trumps-america-full-story-podcast
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[2026-06-11 01:00 UTC+10:00] [Housing] [Factuality: 100]
Source: Guardian Australia
Title: For those shedding a tear over house prices falling, these numbers may change your mind | Greg Jericho
Snippet: An average home would cost $595,500 now if prices were the same relative to income as before John Howard turned the market into an investor casino
Read full article: https://www.theguardian.com/business/grogonomics/2026/jun/11/australia-housing-house-prices-falling-data
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[2026-06-10 23:50 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Amazon trucking expansion sparks freight stock sell-off
Snippet: Shares of several large freight carriers slumped Wednesday after Amazon announced it's opening up its trucking services to companies beyond its own network.
Read full article: https://www.cnbc.com/2026/06/10/amazon-trucking-expansion-freight-stock-selloff.html
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