Topic: Financial Markets — Neutral reports only

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[2026-04-17 00:04 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Egyptian billionaire Naguib Sawiris says Iran war pause won't derail UAE property boom | The National
Snippet: Egyptian billionaire Naguib Sawiris expects the UAE property market to bounce back strongly and “continue booming”, as he announced a Dh30 billion ($8.17 billion) expansion of a "mini city" real estate project between Abu Dhabi and Dubai.
Read full article: https://www.thenationalnews.com/business/property/2026/04/16/egyptian-billionaire-naguib-sawiris-says-iran-war-pause-wont-derail-uae-property-boom/
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[2026-04-16 23:49 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: World's biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%
Snippet: Swiss chocolate maker Barry Callebaut on Thursday slashed its operating profit forecast, citing falling cocoa prices, industry overcapacity and potential supply disruption linked to the Iran war.
Read full article: https://www.cnbc.com/2026/04/16/chocolate-barry-callebaut-profit-earnings-cocoa-prices-switzerland.html
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[2026-04-16 23:44 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Wall Street abre en alza mientras inversionistas están atentos a conversaciones sobre la guerra
Snippet: Corredores bursátiles en la sede de la Bolsa de Valores de Nueva York el 13 de abril del 2026. (AP foto/Seth Wenig)
Read full article: https://apnews.com/article/mercados-mundiales-guerra-economia-finanzas-acciones-inversiones-inflacion-preciosd-0c1280ed2e0a5aa6a6c57842bd1d1308
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[2026-04-16 23:00 UTC+10:00] [General] [Factuality: 90]
Source: South China Morning Post
Title: Trade tensions make rest of world less keen to invest in US and China, survey finds
Snippet: US and China have ‘suffered the most’ amid global decline in outbound investment appetite due to heightened geopolitical tensions
Read full article: https://www.scmp.com/economy/china-economy/article/3350343/trade-tensions-make-rest-world-less-keen-invest-us-and-china-survey-finds?utm_source=rss_feed
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[2026-04-16 23:00 UTC+10:00] [foreign investment] [Factuality: 90]
Source: South China Morning Post
Title: Trade tensions make rest of world less keen to invest in US and China, survey finds
Snippet: US and China have ‘suffered the most’ amid global decline in outbound investment appetite due to heightened geopolitical tensions
Read full article: https://www.scmp.com/economy/china-economy/article/3350343/trade-tensions-make-rest-world-less-keen-invest-us-and-china-survey-finds
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[2026-04-16 22:58 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: UAE to create thousands of non-profit jobs with Dh100 million fund | The National
Snippet: The UAE has launched a Dh100 million fund to empower non-profit organisations.
Read full article: https://www.thenationalnews.com/news/uae/2026/04/16/uae-launches-dh100million-fund-to-boost-non-profit-sector/
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[2026-04-16 22:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "The Roaring 2020s Are Back": S&P Futures Hit New Record With Nasdaq Up 12 Straight Days On Iran Truce Optimism
Snippet: Stock futures are edging higher on continued optimism about an extended truce in the Middle East, while Taiwan Semi's solid results have sparked another leg higher in AI trade. As of 8:15 am ET, S&P 500 futures rose 0.1%, while Nasdaq 100 contracts +0.2%, and on pace for a 12th day of gains.
Read full article: https://www.zerohedge.com/markets/roaring-2020s-are-back-sp-futures-hit-new-record-nasdaq-12-straight-days-iran-truce
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[2026-04-16 22:33 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Iran to execute first woman linked to mass protests after ‘forced confessions’
Snippet: Iranian authorities are preparing to execute Bita Hemmati, the first woman sentenced to death in connection with the mass protests in Tehran in late December and January, according to the US-based non-profit the Human Rights Activists News Agency.
Read full article: https://www.jpost.com/middle-east/iran-news/article-893238
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[2026-04-16 22:09 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Elliott presses Daikin for big share buyback in activist push
Snippet: Some analysts believe activist fund Elliot's investment in air conditioner maker Daikin was sparked by changes to Japan's corporate governance code. (Nikkei montage/Source photos by Risa Kawaba and Manami Yamada)
Read full article: https://asia.nikkei.com/business/companies/elliott-presses-daikin-for-big-share-buyback-in-activist-push
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[2026-04-16 22:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Black market workarounds for Claude scale up as Anthropic tightens ID checks
Snippet: Chinese developers are bypassing new ID checks as demand for Claude remains strong despite official restrictions
Read full article: https://www.scmp.com/tech/article/3350321/black-market-workarounds-claude-scale-anthropic-tightens-id-checks?utm_source=rss_feed
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[2026-04-16 22:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Black market workarounds for Claude scale up as Anthropic tightens ID checks
Snippet: Chinese developers are bypassing new ID checks as demand for Claude remains strong despite official restrictions
Read full article: https://www.scmp.com/tech/article/3350321/black-market-workarounds-claude-scale-anthropic-tightens-id-checks
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[2026-04-16 21:18 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Two global investors with almost $700bn in assets set up base in ADGM | The National
Snippet: Two global alternative investor managers with almost $700 billion in assets have set up base in Abu Dhabi’s ADGM, despite the war-driven uncertainties.
Read full article: https://www.thenationalnews.com/business/economy/2026/04/16/two-global-investors-with-almost-700bn-in-assets-set-up-base-in-adgm/
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[2026-04-16 21:00 UTC+10:00] [National / NSW] [Factuality: 90]
Source: The Age
Title: Communities utilise their utensils
Snippet: Chris Commens’ comments on the idea of a neighbourhood tool pool of sorts (C8) has its proponents. Among them is Sue Scott of Hornsby, who was reminded of her childhood in Wales: “When we moved into our house, one of the neighbours called round to tell us that if we needed a ladder it was in the garage at number two whenever we wanted to use it.
Read full article: https://www.theage.com.au/national/nsw/communities-utilise-their-utensils-20260416-p5zoc9.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-04-16 20:30 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: PepsiCo's sales jump after it cuts prices
Snippet: This undated photo provided by University of Florida Archives via PepsiCo on Friday, April 10, 2026, shows a Gatorade sports drink. (University of Florida Archives via PepsiCo via AP)
Read full article: https://apnews.com/article/pepsico-earnings-revenue-doritos-0e510d98273ef583c10de58c3c803aec
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[2026-04-16 20:05 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Taiwan's chipmaker TSMC reports 58% profit jump despite Iran war
Snippet: FILE -A worker walks past the logo of TSMC or Taiwan Semiconductor Manufacturing Corp., a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on Thursday, Jan. 29, 2026. (AP Photo/Daniel Ceng, File)
Read full article: https://apnews.com/article/semiconductors-chips-tsmc-taiwan-iran-war-624137ae5b2a5bfe9ca2ccfc648b5dc1
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[2026-04-16 20:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China fast-tracks hydrogen strategy to ‘scale-up’ phase in high-stakes energy transition
Snippet: China targets ‘bold innovation’ as falling renewable-energy costs allow it to leverage 50 per cent share of global green hydrogen production capacity
Read full article: https://www.scmp.com/economy/china-economy/article/3350313/china-fast-tracks-hydrogen-strategy-scale-phase-high-stakes-energy-transition?utm_source=rss_feed
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[2026-04-16 20:00 UTC+10:00] [solar] [Factuality: 100]
Source: South China Morning Post
Title: China fast-tracks hydrogen strategy to ‘scale-up’ phase in high-stakes energy transition
Snippet: China targets ‘bold innovation’ as falling renewable-energy costs allow it to leverage 50 per cent share of global green hydrogen production capacity
Read full article: https://www.scmp.com/economy/china-economy/article/3350313/china-fast-tracks-hydrogen-strategy-scale-phase-high-stakes-energy-transition
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[2026-04-16 19:16 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: China's Jereh Group to invest in UAE clean energy and industrial sectors | The National
Snippet: The UAE Ministry of Investment and China's Jereh Group have partnered to develop a clean energy and industrial platform in the Emirates as part of sustainability efforts.
Read full article: https://www.thenationalnews.com/business/economy/2026/04/16/chinas-jereh-group-to-invest-in-uae-clean-energy-and-industrial-sectors/
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[2026-04-16 18:43 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japanese stocks hit new high as AI boosts tech heavy Asian markets
Snippet: Japanese stocks jumped on Thursday morning, following a rally on Wall Street as investors grow optimistic about the possibility of further U.S.-Iran ceasefire talks. (File Photo by Nozomi Okubo)
Read full article: https://asia.nikkei.com/business/markets/equities/japanese-stocks-hit-new-high-as-ai-boosts-tech-heavy-asian-markets
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[2026-04-16 18:25 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Kering looks to double profits as it unveils ambitious turnaround plan to revive Gucci
Snippet: Kering said Thursday it aims to double profitability and revive its flagship brand Gucci as it announced its highly anticipated strategy to get the company back on track after a year-long luxury slump that hit it harder than its competitors.
Read full article: https://www.cnbc.com/2026/04/16/kering-stock-ker-gucci-cmd-turnaround-profit-strategy.html
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[2026-04-16 18:02 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: EasyJet's stock drops as the Middle East conflict, fuel costs weigh on bookings outlook
Snippet: EasyJet's stock fell on Thursday after it warned that the Iran war and higher fuel prices are weighing on customer bookings.
Read full article: https://www.cnbc.com/2026/04/16/easyjet-shares-fuel-costs-middle-east-bookings.html
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[2026-04-16 17:20 UTC+10:00] [General] [Factuality: 90]
Source: The Korea Herald
Title: Sigenergy Successfully Listed on HKEX with Strong Backing from Top-Tier Global Investors
Snippet: HONG KONG, April 16, 2026 /PRNewswire/ -- Sigenergy Technology Co., Ltd. ("Sigenergy", Stock Code: 06656.HK) today successfully listed on the Hong Kong Stock Exchange (HKEX), marking a significant milestone in the company's development. The Company is positioned as the first "AI+ All-in-One PV Storage" company to be listed on the HKEX.
Read full article: https://www.koreaherald.com/article/10718991
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[2026-04-16 17:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese investors cheer Tesla’s AI chip progress, pushing up shares of local suppliers
Snippet: Shanghai Beite Technology saw the largest share spike among suppliers, up as much as 4.6 per cent on Thursday morning
Read full article: https://www.scmp.com/tech/article/3350279/chinese-investors-cheer-teslas-ai-chip-progress-pushing-shares-local-suppliers?utm_source=rss_feed
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[2026-04-16 17:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese investors cheer Tesla’s AI chip progress, boosting shares of suppliers
Snippet: Shanghai Beite Technology saw the largest share spike among suppliers, up as much as 4.6 per cent on Thursday morning
Read full article: https://www.scmp.com/tech/article/3350279/chinese-investors-cheer-teslas-ai-chip-progress-pushing-shares-local-suppliers
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[2026-04-16 17:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: New home prices in China’s biggest cities record first rise in 10 months
Snippet: Shanghai leads, and also records strong second-hand sales, but analysts hesitate to declare overall market stabilisation
Read full article: https://www.scmp.com/business/article/3350276/new-home-prices-chinas-biggest-cities-record-first-rise-10-months?utm_source=rss_feed
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[2026-04-16 17:00 UTC+10:00] [SWS Research] [Factuality: 100]
Source: South China Morning Post
Title: New home prices in China’s biggest cities record first rise in 10 months
Snippet: Shanghai leads, and also records strong second-hand sales, but analysts hesitate to declare overall market stabilisation
Read full article: https://www.scmp.com/business/article/3350276/new-home-prices-chinas-biggest-cities-record-first-rise-10-months
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[2026-04-16 16:51 UTC+10:00] [General] [Factuality: 100]
Source: AfricaNews
Title: Australia: Refinery fire raises fuel supply concerns amid Iran war
Snippet: A fire broke out late on Wednesday at the Viva Energy refinery in Geelong, prompting concerns about fuel supply in a tense global energy climate. Located about 75 kilometres south-west of Melbourne, the site supplies roughly 10% of Australia’s gasoline, diesel and jet fuel to the eastern states. Processing about 120,000 barrels of crude oil daily, mainly from Bass Strait and imports, the refinery supplies fuel to Victoria, Tasmania and parts of New South Wales.
Read full article: http://www.africanews.com/2026/04/16/australia-refinery-fire-raises-fuel-supply-concerns-amid-iran-war/
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[2026-04-16 16:30 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: S. Korea stresses market economy principle, forced labor eradication efforts in opinion on USTR trade probe
Snippet: SEOUL, April 16 (Yonhap) -- The Seoul government has submitted a formal opinion letter on the United States' ongoing probes into South Korea and other nations involving what it calls "unfair" trade practices related to structural excess production and forced labor, officials said Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260416007800320
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[2026-04-16 16:11 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: CATL market cap tops US$293 billion as shares surge on mining arm
Snippet: A new investment unit to manage mining assets signals CATL’s deeper shift beyond EV batteries into energy storage
Read full article: https://www.scmp.com/business/china-business/article/3350269/catl-market-cap-tops-us293-billion-shares-surge-mining-arm?utm_source=rss_feed
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[2026-04-16 16:11 UTC+10:00] [CATL] [Factuality: 100]
Source: South China Morning Post
Title: CATL market cap tops US$293 billion as shares surge on mining arm
Snippet: A new investment unit to manage mining assets signals CATL’s deeper shift beyond EV batteries into energy storage
Read full article: https://www.scmp.com/business/china-business/article/3350269/catl-market-cap-tops-us293-billion-shares-surge-mining-arm
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[2026-04-16 15:52 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
Snippet: Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong.
Read full article: https://www.cnbc.com/2026/04/16/tsmc-q1-profit-58-percent-ai-chip-demand-record.html
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[2026-04-16 15:45 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Naver eyes fintech IPO in Dunamu tie-up
Snippet: Naver said in a regulatory filing on Wednesday that it plans to pursue an initial public offering of its fintech arm Naver Financial following a share swap with Upbit operator Dunamu, although key details remain unsettled.
Read full article: https://www.koreaherald.com/article/10718888
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[2026-04-16 15:38 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Hana Bank, Next Securities to offer real-time FX for foreign investors
Snippet: Hana Bank said Thursday it signed a memorandum of understanding with Next Securities to improve the trading environment for overseas investors in Korea’s stock market.
Read full article: https://www.koreaherald.com/article/10718882
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[2026-04-16 15:36 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: TSMC Q1 profit surges 58% to record on AI boom despite Middle East tensions
Snippet: Taiwan Semiconductor Manufacturing Co. is benefiting from the global AI infrastructure build-out. (Photo by Shinya Sawai)
Read full article: https://asia.nikkei.com/business/tech/semiconductors/tsmc-q1-profit-surges-58-to-record-on-ai-boom-despite-middle-east-tensions
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[2026-04-16 15:23 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Sigenergy jumps 83% in Hong Kong debut on rising energy storage demand
Snippet: The Shanghai-based firm’s shares opened at HK$581, versus its offer price of HK$324.20 after it raised US$560 million from its IPO
Read full article: https://www.scmp.com/business/investor-relations/ipo-quote-profile/article/3350260/sigenergy-jumps-83-hong-kong-debut-rising-energy-storage-demand?utm_source=rss_feed
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[2026-04-16 15:23 UTC+10:00] [Asset Management (Singapore)] [Factuality: 100]
Source: South China Morning Post
Title: Sigenergy jumps 83% in Hong Kong debut on rising energy storage demand
Snippet: The Shanghai-based firm’s shares opened at HK$581, versus its offer price of HK$324.20 after it raised US$560 million from its IPO
Read full article: https://www.scmp.com/business/investor-relations/ipo-quote-profile/article/3350260/sigenergy-jumps-83-hong-kong-debut-rising-energy-storage-demand
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[2026-04-16 15:12 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Finance chief says FX market will stabilize once Middle East risk eases
Snippet: SEOUL, April 16 (Yonhap) -- South Korea's foreign exchange market will stabilize once risks stemming from tensions in the Middle East are resolved, Finance Minister Koo Yun-cheol said.
Read full article: https://en.yna.co.kr/view/AEN20260416006100320
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[2026-04-16 14:50 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Korea eyes console market as Crimson Desert breaks records
Snippet: Landmark sales reflect growing focus on premium titles for Western markets
Read full article: https://www.koreaherald.com/article/10718822
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[2026-04-16 14:50 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Value of equity-linked bonds switched to stocks up over fourfold in Q1: data
Snippet: SEOUL, April 16 (Yonhap) -- The value of equity-linked bonds converted into stocks during the first quarter more than quadrupled from a year earlier amid the local stock market's bullish run, industry data showed Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260416005700320
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[2026-04-16 14:40 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Oil prices steady and Asian markets rise
Snippet: Dealers talk near the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)
Read full article: https://apnews.com/article/stock-markets-trump-oil-iran-war-210b81a3613f43d024eb80a7928514c7
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[2026-04-16 14:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Mark Mobius, pioneering emerging-market investor and China bull, dies at 89
Snippet: ‘Father of emerging markets’ was among the first fund managers to champion investments in Hong Kong and mainland China
Read full article: https://www.scmp.com/business/markets/article/3350250/mark-mobius-pioneering-emerging-market-investor-and-china-bull-dies-89?utm_source=rss_feed
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[2026-04-16 14:30 UTC+10:00] [Templeton Emerging Markets Group] [Factuality: 100]
Source: South China Morning Post
Title: Mark Mobius, pioneering emerging-market investor and China bull, dies at 89
Snippet: ‘Father of emerging markets’ was among the first fund managers to champion investments in Hong Kong and mainland China
Read full article: https://www.scmp.com/business/markets/article/3350250/mark-mobius-pioneering-emerging-market-investor-and-china-bull-dies-89
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[2026-04-16 14:24 UTC+10:00] [General] [Factuality: 100]
Source: Middle East Eye
Title: Australia, Malaysia share 'deep concern' over situation in the Middle East
Snippet: Australia and Malaysia said in a joint statement on Thursday that the two countries are committed to working together to strengthen their energy supply chain resilience.
Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/australia-malaysia-share-deep-concern-over-situation-middle-east
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[2026-04-16 13:26 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japanese stocks hit new high as AI boosts tech heavy Asian markets
Snippet: Japanese stocks jumped on Thursday morning, following a rally on Wall Street as investors grow optimistic about the possibility of further U.S.-Iran ceasefire talks. (Photo by Nanami Sato)
Read full article: https://asia.nikkei.com/business/markets/japanese-stocks-hit-new-high-as-ai-boosts-tech-heavy-asian-markets
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[2026-04-16 13:25 UTC+10:00] [General] [Factuality: 90]
Source: Zero Hedge
Title: Trump's Blockade Is Breaking Iran... And European Elites Are Angry
Snippet: Authored by Brandon Smith via Alt-Market.us
Read full article: https://www.zerohedge.com/geopolitical/trumps-blockade-breaking-iran-and-european-elites-are-angry
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[2026-04-16 12:44 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: LS-VINA eyes North American market with high voltage cable certification
Snippet: LS Eco Energy said Thursday its Vietnamese subsidiary LS-VINA has secured KEMA certification for its 230-kilovolt ultra-high-voltage cable, paving the way for entry into the US power market.
Read full article: https://www.koreaherald.com/article/10718757
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[2026-04-16 12:32 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war
Snippet: NEW YORK — The US stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won’t create a worst-case scenario for the global economy. Whether Wall Street is correct to have so much hope for peace and whether stocks should be the highest they’ve ever been remains to be seen.
Read full article: https://www.manilatimes.net/2026/04/16/world/americas-emea/wall-street-hits-a-record-as-sp-500-continues-its-2-week-rally-on-hopes-for-an-end-to-the-iran-war/2321549
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[2026-04-16 12:32 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war
Snippet: NEW YORK — The US stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won’t create a worst-case scenario for the global economy. Whether Wall Street is correct to have so much hope for peace and whether stocks should be the highest they’ve ever been remains to be seen.
Read full article: https://www.manilatimes.net/2026/04/16/business/foreign-business/wall-street-hits-a-record-as-sp-500-continues-its-2-week-rally-on-hopes-for-an-end-to-the-iran-war/2321549
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[2026-04-16 11:58 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Australia’s jobless rate steady with more in full-time work – but fewer people are looking
Snippet: The nation’s job market withstood the early hit from the war in Iran, with unemployment steady through March at 4.3 per cent.
Read full article: https://www.theage.com.au/politics/federal/australia-s-jobless-rate-steady-with-more-in-full-time-work-but-fewer-people-are-looking-20260416-p5zob8.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-04-16 11:45 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Daikin shares jump 14% after activist investor Elliott pushes for reforms
Snippet: Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time.
Read full article: https://www.cnbc.com/2026/04/16/daikin-shares-jump-elliott-activist-investment-valuation-gap-nikkei225.html
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