Topic: Tax & Budget — Neutral reports only

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[2026-06-18 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to use 21 indicators to define poor after dropping income metric
Snippet: Government also raises concept of ‘social transfer values’, reflecting amount of public spending allocated to support households
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357559/hong-kong-use-21-indicators-define-poor-after-dropping-income-metric?utm_source=rss_feed
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[2026-06-18 19:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong to use 21 indicators to define poor after dropping income metric
Snippet: Government also raises concept of ‘social transfer values’, reflecting amount of public spending allocated to support households
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3357559/hong-kong-use-21-indicators-define-poor-after-dropping-income-metric
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[2026-06-18 18:48 UTC+10:00] [General] [Factuality: 100]
Source: The Local Spain
Title: Barcelona to raise tourist tax to €30 for short-stay cruise visitors
Snippet: Cruise ship passengers that stay less than 12 hours in Barcelona or elsewhere in Catalonia will soon be forced to pay up to €30 in tourist taxes for their short visit, the Catalan Parliament has decided.
Read full article: https://www.thelocal.es/20260618/barcelona-to-raise-tourist-tax-to-e30-for-short-stay-cruise-visitors
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[2026-06-18 18:11 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: As ByteDance spends billions on AI, which Chinese chip start-ups stand to gain?
Snippet: TikTok owner’s expanding spending could benefit a few second-tier domestic chipmakers, with Iluvatar CoreX in pole position, analysts say
Read full article: https://www.scmp.com/tech/article/3357545/bytedance-spends-billions-ai-which-chinese-chip-start-ups-stand-gain?utm_source=rss_feed
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[2026-06-18 18:11 UTC+10:00] [ByteDance] [Factuality: 92]
Source: South China Morning Post
Title: As ByteDance spends billions on AI, which Chinese chip start-ups stand to gain?
Snippet: TikTok owner’s expanding spending could benefit a few second-tier domestic chipmakers, with Iluvatar CoreX in pole position, analysts say
Read full article: https://www.scmp.com/tech/article/3357545/bytedance-spends-billions-ai-which-chinese-chip-start-ups-stand-gain
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[2026-06-18 17:27 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Lenovo targets US$2 billion bond to repurchase debt amid robust AI infrastructure growth
Snippet: World’s largest PC maker plans to use the proceeds to buy back shares and strengthen its financial position amid sustained growth
Read full article: https://www.scmp.com/business/china-business/article/3357533/lenovo-targets-us2-billion-bond-repurchase-debt-amid-robust-ai-infrastructure-growth?utm_source=rss_feed
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[2026-06-18 17:27 UTC+10:00] [Alat] [Factuality: 100]
Source: South China Morning Post
Title: Lenovo targets US$2 billion bond to repurchase debt amid robust AI infrastructure growth
Snippet: World’s largest PC maker plans to use the proceeds to buy back shares and strengthen its financial position amid sustained growth
Read full article: https://www.scmp.com/business/china-business/article/3357533/lenovo-targets-us2-billion-bond-repurchase-debt-amid-robust-ai-infrastructure-growth
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[2026-06-18 16:45 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Poland Moves To Tax Fuel Windfalls Earned During Iran War
Snippet: Authored by Michael Kern via OilPrice.com,
Read full article: https://www.zerohedge.com/energy/poland-moves-tax-fuel-windfalls-earned-during-iran-war
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[2026-06-18 16:20 UTC+10:00] [National / Queensland] [Factuality: 90]
Source: The Age
Title: Confidence collapses as businesses push for support in Queensland budget
Snippet: Queensland businesses are now more pessimistic about the national economy than they were during the 2008 financial crisis following the sharpest confidence collapse in two decades, a major lobby group says, as it pushes for relief in the upcoming state budget.
Read full article: https://www.theage.com.au/national/queensland/confidence-collapses-as-businesses-push-for-support-in-queensland-budget-20260618-p607yt.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 15:34 UTC+10:00] [World / North America] [Factuality: 95]
Source: The Age
Title: ‘A million years isn’t enough’: Victims’ relatives confront Gilgo Beach serial killer at sentencing
Snippet: Riverhead, New York: After spending decades waiting for justice, relatives of women murdered by New York’s Gilgo Beach serial killer laid into him on Wednesday before he was sentenced to life in prison. He told them: “I am responsible” for the crimes.
Read full article: https://www.theage.com.au/world/north-america/a-million-years-isn-t-enough-victims-relatives-confront-gilgo-beach-serial-killer-at-sentencing-20260618-p607tx.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 15:05 UTC+10:00] [General] [Factuality: 90]
Source: BBC News
Title: Why one Gen Z Londoner is allowed to graze sheep on land in the Welsh valleys
Snippet: Caleb Tutt's life looks much like that of many Gen Z professionals in London - rent, student debt and a routine shaped by commutes and convenience food.
Read full article: https://www.bbc.com/news/articles/cpwe51787z0o?at_medium=RSS&at_campaign=rss
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[2026-06-18 14:31 UTC+10:00] [Business] [Factuality: 100]
Source: Rappler
Title: [Ask the Tax Whiz] The expansion of VAT obligations to foreign digital service providers
Snippet: This is AI generated summarization, which may have errors. For context, always refer to the full article.
Read full article: https://www.rappler.com/business/ask-the-tax-whiz-expansion-value-added-obligations-foreign-digital-service-providers/
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[2026-06-18 13:28 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Hope for hundreds of miners after colliery $434 million in debt sold
Snippet: Thu 18 Jun 2026 at 1:28pm
Read full article: https://www.abc.net.au/news/2026-06-18/gfg-tahmoor-coal-sold-to-new-owners/106812760
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[2026-06-18 13:00 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Pension savings grow nearly 11 pct in 2025 amid stock rally
Snippet: SEOUL, June 18 (Yonhap) -- South Korea's personal pension savings grew almost 11 percent in 2025 amid increased interest in post-retirement life and a stock market rally, data showed Thursday.
Read full article: https://en.yna.co.kr/view/AEN20260618003300320
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[2026-06-18 12:28 UTC+10:00] [Australian politics] [Factuality: 100]
Source: Guardian Australia
Title: Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash
Snippet: Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changes
Read full article: https://www.theguardian.com/australia-news/2026/jun/18/albanese-announces-generous-capital-gains-tax-exemptions-for-small-businesses-after-budget-backlash
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[2026-06-18 12:23 UTC+10:00] [National] [Factuality: 100]
Source: The Age
Title: Albanese winds back tax hikes for small businesses and trusts
Snippet: Products & ServicesOpen Products & Services section
Read full article: https://www.theage.com.au/national/albanese-winds-back-tax-hikes-for-small-businesses-and-trusts-20260618-p6081n.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 12:12 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: China’s $300 billion pile of bad consumer debt threatens economy
Snippet: As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing’s efforts to revive the world’s second-largest economy.
Read full article: https://www.japantimes.co.jp/business/2026/06/18/economy/china-300-billion-consumer-debt-economy/
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[2026-06-18 12:00 UTC+10:00] [Agriculture] [Factuality: 100]
Source: Politico
Title: Europe’s budget battle begins as leaders spar over China challenge
Snippet: BRUSSELS — It’s not easy being an EU leader. On Thursday, they’ll explore how to face down China's threat to the economy. On Friday, they’ll argue about who pays.
Read full article: https://www.politico.eu/article/europe-budget-battle-china-challenge/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-18 12:00 UTC+10:00] [Agriculture] [Factuality: 100]
Source: Politico
Title: 4 things to watch at the European Council
Snippet: BRUSSELS — The laundry list for EU leaders when they head to Brussels for talks on Thursday and Friday is long and daunting: Ukraine, the Middle East, the bloc's massive multi-year budget, how to take on the economic might of China, plus the challenges posed by migration, defense and narcotics.
Read full article: https://www.politico.eu/article/4-things-to-watch-european-council-china-trade-competition-budget-war/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-18 11:58 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Albanese winds back tax hikes for small businesses, start-ups, testamentary trusts
Snippet: Labor’s contentious tax hikes on capital gains and trusts have been wound back, following a sustained attack on the measures and drops in the polls, as Prime Minister Anthony Albanese announces expanded exemptions for small businesses with a turnover of up to $10 million.
Read full article: https://www.theage.com.au/politics/federal/albanese-winds-back-tax-hikes-for-small-businesses-start-ups-testamentary-trusts-20260618-p607vz.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 11:03 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Albanese, Chalmers unveil capital gains carve-outs for small businesses, startups
Snippet: Topic:Federal Government
Read full article: https://www.abc.net.au/news/2026-06-18/capital-gains-tax-concessions-for-startups-and-small-business/106812782
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[2026-06-18 11:00 UTC+10:00] [JAPAN] [Factuality: 95]
Source: The Japan Times
Title: Japan’s defense chief challenges China’s military spending data
Snippet: Defense Minister Shinjiro Koizumi questioned the accuracy of China’s official military spending figures in a fresh sign that Tokyo is taking a tougher line in response to Beijing’s claims that its regional rival is pursuing “new militarism.”
Read full article: https://www.japantimes.co.jp/news/2026/06/18/japan/politics/japan-defense-minister-koizumi-china-military-spending/
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[2026-06-18 10:47 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Labor unveils startup carve-outs after tax backlash
Snippet: June 18, 2026 10:47 | News
Read full article: https://michaelwest.com.au/labor-unveils-startup-carve-outs-after-tax-backlash/
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[2026-06-18 10:43 UTC+10:00] [National / Queensland] [Factuality: 100]
Source: The Age
Title: CFMEU figures’ overlapping roles may expose union to tax bill
Snippet: Queensland’s inquiry into the CFMEU is pursuing a case that overlapping roles held by former leaders on related bodies, and the money trail of these back to the union, could be unlawful and expose the organisation to tax liability.
Read full article: https://www.theage.com.au/national/queensland/cfmeu-figures-overlapping-roles-may-expose-union-to-tax-bill-20260618-p607wh.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-18 10:00 UTC+10:00] [Politics] [Factuality: 95]
Source: SBS News
Title: How will the capital gain tax reforms work after the government's carve-outs?
Snippet: LIVE, FREE and EXCLUSIVE
Read full article: https://www.sbs.com.au/news/article/capital-gains-tax-concession-exemptions/4v3m03j9x
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[2026-06-18 09:28 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Hochul and Mamdani still can’t figure out how — or if — the pied-à-terre tax scheme even works
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/17/opinion/hochul-and-mamdani-still-cant-figure-out-how-or-if-the-pied-a-terre-tax-scheme-works/
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[2026-06-18 07:29 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Wyoming governor asks court to enforce property tax cap
Snippet: Wyoming Gov. Mark Gordon speaks at the 2024 summer meeting of the National Governors Association, July 11, 2024, in Salt Lake City. (AP Photo/Rick Bowmer, File)
Read full article: https://apnews.com/article/wyoming-governor-tax-cap-lawsuit-12bbc652be2a6421a52ddd9b386b9f32
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[2026-06-18 06:47 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Sen. Rick Scott asks Trump admin to strip CodePink’s tax-exempt status over China funding ties
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/17/us-news/sen-rick-scott-asks-trump-admin-to-strip-codepinks-tax-exempt-status-over-china-funding-ties/
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[2026-06-18 06:40 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
Snippet: The Trump administration is seeking a major increase in defense spending while simultaneously using executive authority to accelerate weapons production, reflecting growing concern over U.S. munitions inventories after the war with Iran, according to NBC.
Read full article: https://www.zerohedge.com/markets/trump-invokes-defense-production-act-us-moves-rebuild-weapons-stockpiles
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[2026-06-18 05:05 UTC+10:00] [General] [Factuality: 95]
Source: ABC News
Title: Don't expect a post-budget $1,250 boost this tax time
Snippet: Thu 18 Jun 2026 at 5:05am
Read full article: https://www.abc.net.au/news/2026-06-18/tax-return-budget-1000-instant-tax-reduction-250-wato-/106764012
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[2026-06-18 05:03 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: Ex-Nigeria oil minister cleared in UK bribery trial
Snippet: A former Nigerian oil minister has been cleared of taking bribes from wealthy oil executives in the form of luxury home stays and lavish spending sprees in the UK.
Read full article: https://www.bbc.com/news/articles/c872pwx4x2vo?at_medium=RSS&at_campaign=rss
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[2026-06-18 03:25 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
Snippet: NEW YORK — Shoppers stepped up their spending in May and surpassed expectations as temperatures warmed and gasoline prices leveled off.
Read full article: https://www.manilatimes.net/2026/06/18/world/retail-sales-up-a-strong-09-in-may-underscoring-the-resilience-of-the-us-consumer/2367851
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[2026-06-18 03:12 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan pension funds purchase foreign bonds at record levels
Snippet: Japanese pension fund managers are boosting their investments in foreign bonds to keep their portfolios stable. © Reuters
Read full article: https://asia.nikkei.com/business/markets/bonds/japan-pension-funds-purchase-foreign-bonds-at-record-levels
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[2026-06-18 03:06 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: New Billionaire Tax odds reveals huge swing in chance of becoming California law
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/06/17/betting/will-california-billionaire-tax-pass-new-odds-show-huge-swing/
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[2026-06-18 01:04 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Struggling Starmer to divert budgets to fund military
Snippet: The UK will divert money from other government departments to increase the defense budget, Prime Minister Keir Starmer has said.
Read full article: https://www.rt.com/news/641715-starmer-military-spending/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-06-18 01:04 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Read Full Article at RT.com
Snippet: The UK will divert money from other government departments to increase the defense budget, Prime Minister Keir Starmer has said.
Read full article: https://www.rt.com/news/641715-starmer-military-spending/
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[2026-06-17 22:52 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: P15-B supplemental budget for Mindanao quake relief, recovery filed
Snippet: MANILA, Philippines — House Assistant Majority Leader and Lanao del Sur Rep. Zia Alonto Adiong has filed a bill seeking a P15 billion supplemental appropriations for Fiscal Year 2026 to support urgent relief, recovery, rehabilitation, repair, and reconstruction efforts in communities devastated by the magnitude 7.8 earthquake that struck offshore near Sarangani Province on June 8, 2026.
Read full article: https://www.manilatimes.net/2026/06/17/news/p15-b-supplemental-budget-for-mindanao-quake-relief-recovery-filed/2367496
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[2026-06-17 22:40 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Retail Sales up 0.9% in May as the weather improved and gasoline prices cooled
Snippet: A employee works at a cash register in a grocery store in Schaumburg, Ill., Thursday, May 14, 2026. (AP Photo/Nam Y. Huh, File)
Read full article: https://apnews.com/article/retail-economy-consumer-spending-090206f028b12e15038265806355d75f
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[2026-06-17 21:21 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: New York House primary becomes AI industry family feud
Snippet: Alex Bores, democratic candidate in New York’s 12th Congressional District, speaks during “NY-12 for Congress: Candidate Forum” at 92NY, April 15, 2026, in New York. (AP Photo/Yuki Iwamura, File)
Read full article: https://apnews.com/article/bores-new-york-house-ai-tech-spending-5753274efbf9c3839fafa78f14e19fdc
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[2026-06-17 20:50 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: EU and US spy agencies buying personal data for surveillance – survey
Snippet: Spy agencies in the EU and the US are spending millions of taxpayers’ money to access commercially available personal data, according to findings published on Tuesday by Interface, a European think tank that gathered evidence from 11 intelligence watchdogs.
Read full article: https://www.rt.com/news/641711-spy-agencies-adint-surveillance/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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[2026-06-17 20:50 UTC+10:00] [General] [Factuality: 100]
Source: RT News
Title: Read Full Article at RT.com
Snippet: Spy agencies in the EU and the US are spending millions of taxpayers’ money to access commercially available personal data, according to findings published on Tuesday by Interface, a European think tank that gathered evidence from 11 intelligence watchdogs.
Read full article: https://www.rt.com/news/641711-spy-agencies-adint-surveillance/
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[2026-06-17 17:30 UTC+10:00] [General] [Factuality: 100]
Source: Politico
Title: Ireland’s toughest mission: Getting a budget deal under the Christmas tree
Snippet: BRUSSELS — Ireland faces the daunting task of forging a swift agreement on the EU’s next seven-year budget, days after wealthy Northern European countries killed a proposal suggesting modest cuts.
Read full article: https://www.politico.eu/article/ireland-budget-deal-eu-presidency-christmas-tree/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-06-17 17:00 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Ineos and Damler Truck enlist in auto defense push as Europe bolsters military spending
Snippet: Ineos Automotive on Tuesday announced a partnership to deliver vehicles for the U.K.'s Ministry of Defense, marking the latest in a series of recent collaboration agreements between Europe's auto and defense sectors.
Read full article: https://www.cnbc.com/2026/06/17/autos-defense-rearmament-ineos-mod-damler.html
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[2026-06-17 16:24 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: JoongAng debt crisis heads to key court hearing
Snippet: June 23 review comes as creditor exposure exceeds W1.3 trillion
Read full article: https://www.koreaherald.com/article/10773778
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[2026-06-17 16:05 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Unlike in France, Korea’s unions back higher retirement age. Why?
Snippet: Labor groups say workers face income cliff between mandatory retirement, pension eligibility
Read full article: https://www.koreaherald.com/article/10773744
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[2026-06-17 15:46 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Africa's clean energy projects struggle to secure funding despite global pledges
Snippet: A shepherd watches livestock near Khi Solar One, a solar thermal plant that converts the sun’s light energy into electricity, outside Upington, South Africa, in the Northern Cape province, Aug. 29, 2025. (AP Photo/Themba Hadebe, File)
Read full article: https://apnews.com/article/credit-renewable-energy-africa-debt-f8382124c2b281b0bd24e5f8c91b4541
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[2026-06-17 15:42 UTC+10:00] [National / Queensland] [Factuality: 100]
Source: The Age
Title: $100m Queensland budget boost to help deliver 2000 affordable homes a year
Snippet: An extra $100 million to support social and affordable housing will be included in next week’s state budget, Queensland’s treasurer has announced, as the Crisafulli government defends its move to scrap affordable housing from state-facilitated developments.
Read full article: https://www.theage.com.au/national/queensland/100m-queensland-budget-boost-to-help-deliver-2000-affordable-homes-a-year-20260617-p607j2.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-17 15:06 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Japan logs a trade deficit as imports of electrical machinery surge
Snippet: Containers are stacked at a port in Tokyo Tuesday, May 19, 2026. (Michi Ono/Kyodo News via AP)
Read full article: https://apnews.com/article/japan-trade-oil-iran-ai-7ecad04964f22f90e1f679a1dcf05f69
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[2026-06-17 15:03 UTC+10:00] [National / Victoria] [Factuality: 100]
Source: The Age
Title: First look inside Kmart’s Ikea-fighting homewares store
Snippet: There’s not a Swedish meatball in sight, but from Thursday, Australian budget retail giant Kmart will launch its assault on big box homewares shopping.
Read full article: https://www.theage.com.au/national/victoria/first-look-inside-kmart-s-ikea-fighting-homewares-store-20260617-p607no.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-06-17 12:10 UTC+10:00] [Income Tax Act] [Factuality: 100]
Source: South China Morning Post
Title: Malaysia’s tax officials play their cards as collectibles turn into money-spinners
Snippet: The Inland Revenue Board said turning hobby trading into a profit-driven activity may trigger income tax, urging collectors to keep records
Read full article: https://www.scmp.com/news/asia/southeast-asia/article/3357361/malaysias-tax-officials-play-their-cards-collectibles-turn-money-spinners
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