Topic: Tax & Budget — Neutral reports only

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[2026-08-21 06:22 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: How major US stock indexes fared Thursday 8/20/2026
Snippet: The relief that swept the bond market just a day earlier disappeared as oil prices, worries about high inflation and the U.S. government’s debt kept rising.
Read full article: https://apnews.com/article/wall-street-stocks-dow-nasdaq-b595de56eb56950bf87e77e1f812cfba
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[2026-08-21 05:00 UTC+10:00] [Business / Companies] [Factuality: 100]
Source: The Age
Title: ‘It is a shakedown’: The NRA director taking on Labor’s big tech tax
Snippet: August 21, 2026 — 5:00am
Read full article: https://www.theage.com.au/business/companies/it-is-a-shakedown-the-nra-director-taking-on-labor-s-big-tech-tax-20260820-p60pyk.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-08-21 04:55 UTC+10:00] [General] [Factuality: 90]
Source: ABC News
Title: Australia's national debt has hit $1 trillion but there's another figure that's more important
Snippet: Topic:Financial Markets
Read full article: https://www.abc.net.au/news/2026-08-21/analysis-national-debt-hits-one-trillion-but-its-nothing/107058026
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[2026-08-21 04:41 UTC+10:00] [General] [Factuality: 100]
Source: The Moscow Times
Title: Putin Orders Government to Shore Up Russia’s Debt-Laden Regions
Snippet: President Vladimir Putin has ordered the Russian government to stabilize regional finances as local authorities face a combined budget deficit of 1.9 trillion rubles ($22.6 billion) this year.
Read full article: https://www.themoscowtimes.com/2026/08/20/putin-orders-government-to-shore-up-russias-debt-laden-regions-a93545
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[2026-08-21 03:15 UTC+10:00] [Benchmarks] [Factuality: 100]
Source: Politico
Title: Why Europe can’t escape the fallout from $40 trillion US debt woes
Snippet: The United States government’s $40 trillion debt pile is rapidly becoming everybody’s problem.
Read full article: https://www.politico.eu/article/why-europe-cant-escape-the-fallout-from-us-debt-woes/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
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[2026-08-21 02:23 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked
Snippet: Treasury Secretary Scott Bessent said Thursday there's a "very good chance" that the U.S. budget deficit under President Donald Trump has likely peaked.
Read full article: https://www.cnbc.com/2026/08/20/bessent-budget-deficit-trump.html
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[2026-08-21 02:15 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Balance of payments swings to $1.5B deficit
Snippet: THE country’s balance of payments (BOP) swung to a deficit in July, Bangko Sentral ng Pilipinas (BSP) data released late on Wednesday showed, reversing from two straight months of surpluses.
Read full article: https://www.manilatimes.net/2026/08/21/business/top-business/balance-of-payments-swings-to-15b-deficit/2409548
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[2026-08-21 02:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Sites for evacuation centers being identified
Snippet: THE Department of Budget and Management (DBM) on Thursday said the process of identifying sites for evacuation centers “is under way.” The DBM made the clarification through Presidential Communications Office Undersecretary Claire Castro after Sen. Panfilo Lacson questioned a “uniform” P180-million lump-sum allocation for evacuation centers in each of the country’s 17 regions totaling more than P3 billion.
Read full article: https://www.manilatimes.net/2026/08/21/news/national/sites-for-evacuation-centers-being-identified/2409510
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[2026-08-21 02:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Clarity on cross-border services tax rules sought
Snippet: BUSINESSES and stakeholders have called for clearer and more consistent implementation of tax rules covering cross-border services, saying greater certainty would help companies comply with regulations and make investment decisions.
Read full article: https://www.manilatimes.net/2026/08/21/business/top-business/clarity-on-cross-border-services-tax-rules-sought/2409531
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[2026-08-21 02:07 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Semirara wins P27.3M tax refund case vs BIR
Snippet: CONSUNJI-LED Semirara Mining and Power Corp. has won a 13-year-long bid for a P27.34-million tax refund on its diesel importation after the Supreme Court ruled in favor of the company and denied a Bureau of Internal Revenue (BIR) appeal.
Read full article: https://www.manilatimes.net/2026/08/21/business/corporate-news/semirara-wins-p273m-tax-refund-case-vs-bir/2409524
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[2026-08-21 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Coty looking at weak quarterly profit
Snippet: COTY on Wednesday forecast current-quarter earnings below expectations and withheld its annual outlook, calling fiscal 2027 a “transition year” as it pushes ahead with a business overhaul.
Read full article: https://www.manilatimes.net/2026/08/21/business/foreign-business/coty-looking-at-weak-quarterly-profit/2409509
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[2026-08-21 01:21 UTC+10:00] [US economy] [Factuality: 100]
Source: Guardian Australia
Title: ‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending
Snippet: The enormous US debt under Trump will hobble the next Democratic administration – just as the GOP planned
Read full article: https://www.theguardian.com/business/2026/aug/20/us-national-debt-republicans
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[2026-08-21 01:10 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Meta defiende sus esfuerzos de seguridad infantil, pero críticos dicen que se queda corta
Snippet: El fiscal general de California Rob Bonta discute una demanda contra Meta en una conferencia de prensa en Oakland, California, el 18 de agosto del 2026. Con él están el fiscal general de Colorado Philip Weiser y la fiscal general de Nueva Jersey Jennifer Davenport. (AP foto/Noah Berger)
Read full article: https://apnews.com/article/redes-sociales-danos-a-ninos-meta-instagram-facebook-9929a8a61643bb6c8d4362156e1de84a
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[2026-08-21 01:08 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Bessent says Treasury buyback operation could be more than $4 billion
Snippet: Treasury Secretary Scott Bessent told CNBC on Thursday that an accelerated buyback of government debt could be higher than the announced $4 billion.
Read full article: https://www.cnbc.com/2026/08/20/bessent-says-treasury-buyback-operation-could-be-more-than-4-billion.html
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[2026-08-21 01:05 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Alibaba quarterly profit drops 75% as AI investment spending grows
Snippet: A visitor walks in front of Alibaba booth during the 3rd China International Supply Chain Expo at the China International Exhibition Center, in Beijing, China, Friday, July 18, 2025. (AP Photo/Mahesh Kumar A., File)
Read full article: https://apnews.com/article/china-alibaba-earnings-ai-cloud-8a30302d23a96fc7b9aab664b9c1897d
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[2026-08-21 00:18 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan's MS&AD to invest $270m in pension tie-up with UK's Standard Life
Snippet: MS&AD seeks to increase the profits of its overseas operations. (Photo by Sae Kamae)
Read full article: https://asia.nikkei.com/business/business-deals/japan-s-ms-ad-to-invest-270m-in-pension-tie-up-with-uk-s-standard-life
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[2026-08-20 23:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Taiwan proposes record US$35b defence budget for 2027 as PLA’s pressure grows
Snippet: The government is targeting an 18.2 per cent increase in spending, with much of the extra money needed to pay for US weapons
Read full article: https://www.scmp.com/news/china/military/article/3364713/taiwan-proposes-record-us35b-defence-budget-2027-plas-pressure-grows?utm_source=rss_feed
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[2026-08-20 23:00 UTC+10:00] [F-V Block fighters] [Factuality: 100]
Source: South China Morning Post
Title: Taiwan proposes record US$35b defence budget for 2027 as PLA’s pressure grows
Snippet: The government is targeting an 18.2 per cent increase in spending, with much of the extra money needed to pay for US weapons
Read full article: https://www.scmp.com/news/china/military/article/3364713/taiwan-proposes-record-us35b-defence-budget-2027-plas-pressure-grows
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[2026-08-20 23:00 UTC+10:00] [General] [Factuality: 100]
Source: Financial Times
Title: America’s national debt hits record $40tn
Snippet: Ella Lee in Washington
Read full article: https://www.ft.com/content/6aea64b8-9e9b-401a-9582-7753cbef17c5
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[2026-08-20 22:18 UTC+10:00] [Attention deficit hyperactivity disorder] [Factuality: 100]
Source: Guardian Australia
Title: There is nothing scientific about The Great ADHD Myth? ‘documentary’ | Gina Rippon
Snippet: Channel 4’s programme wastes a chance to ask important questions about how ADHD is diagnosed and treated, instead indulging in unscientific methods and conspiracy theories
Read full article: https://www.theguardian.com/commentisfree/2026/aug/20/there-is-nothing-scientific-about-the-great-adhd-myth-documentary
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[2026-08-20 22:15 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Taiwan proposes record defense budget of $35 billion
Snippet: Helicopters fly over with Taiwan national flag during an inauguration celebration of Taiwan’s President Lai Ching-te in Taipei, Taiwan, on May 20, 2024. (AP Photo/Chiang Ying-ying, File)
Read full article: https://apnews.com/article/taiwan-defense-budget-highest-level-1d1cd68d5c2996a9d6f76baba5a2e068
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[2026-08-20 22:10 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Black bear found dead after spending days trying to escape locked car
Snippet: See more of our coverage in your search results.
Read full article: https://nypost.com/2026/08/20/us-news/black-bear-dies-after-spending-days-trying-to-escape-locked-car/
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[2026-08-20 21:43 UTC+10:00] [ASIA PACIFIC] [Factuality: 95]
Source: The Japan Times
Title: Taiwan proposes boosting 2027 defense spending 18% to a record high
Snippet: Taipei – Taiwan’s government on Thursday proposed an 18% rise in defense spending for next year, including for drones and missiles, taking it above 1 trillion New Taiwan dollars ($31.41 billion) for the first time as Taipei bolsters its military to ward off China.
Read full article: https://www.japantimes.co.jp/news/2026/08/20/asia-pacific/taiwan-defense-budget-boost/
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[2026-08-20 20:57 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Alibaba AI outlays dent profit despite best revenue growth in years
Snippet: Alibaba is spending big on its AI ambitions. © Reuters
Read full article: https://asia.nikkei.com/business/technology/alibaba-ai-outlays-dent-profit-despite-best-revenue-growth-in-years
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[2026-08-20 20:47 UTC+10:00] [Donald Trump] [Factuality: 90]
Source: Guardian Australia
Title: Democrats and Republican outraged over $40tn national debt – US politics live
Snippet: Deficit has doubled over the past decade with spending growing under Trump and Biden
Read full article: https://www.theguardian.com/us-news/live/2026/aug/20/donald-trump-national-debt-borrowing-record-michael-cohen-canada-iran-latest-news-updates
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[2026-08-20 20:42 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Live updates: US national debt hits record $40 trillion
Snippet: Specialist Dilip Patel works on the floor of the New York Stock Exchange, Monday, Aug. 17, 2026, in New York. (AP Photo/Yuki Iwamura)
Read full article: https://apnews.com/live/trump-news-national-debt-updates-08-20-2026
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[2026-08-20 20:35 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: US national debt hits $40 trillion, Trump picks Dr. Heidi Overton to lead FDA
Snippet: This is our flagship newsletter Morning Wire. You can subscribe here and we’ll email it to you daily.
Read full article: https://apnews.com/newsletter/morning-wire/august-20-2026
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[2026-08-20 20:16 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Alibaba’s AI cloud growth surge drives earnings despite soaring tech spending
Snippet: Tech giant posts fastest growth in cloud and AI revenue in 22 quarters, with capex up 75% amid fierce competition in the sector
Read full article: https://www.scmp.com/tech/big-tech/article/3364705/alibabas-ai-cloud-growth-surge-drives-earnings-despite-soaring-tech-spending?utm_source=rss_feed
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[2026-08-20 20:16 UTC+10:00] [June quarter] [Factuality: 100]
Source: South China Morning Post
Title: Alibaba’s AI cloud growth surge drives earnings despite soaring tech spending
Snippet: Tech giant posts fastest growth in cloud and AI revenue in 22 quarters, with capex up 75% amid fierce competition in the sector
Read full article: https://www.scmp.com/tech/big-tech/article/3364705/alibabas-ai-cloud-growth-surge-drives-earnings-despite-soaring-tech-spending
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[2026-08-20 20:01 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: States use tax dollars to shore up rising college sports budgets
Snippet: North Carolina defensive lineman Melkart Abou-Jaoude (9) follows a play against Central Florida during the second half of an NCAA football game, Sept. 20, 2025, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack, File)
Read full article: https://apnews.com/article/college-sports-nil-athletes-ncaa-73aba2a54785f23a3e1b7f268648ba7b
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[2026-08-20 20:00 UTC+10:00] [Horror films] [Factuality: 100]
Source: Guardian Australia
Title: It Ends review – gripping micro-budget horror ranks among the year’s best
Snippet: Led by a stellar cast of gen-Z newcomers, Alex Ullom’s directorial debut is an expertly crafted nightmare about a road trip gone wrong
Read full article: https://www.theguardian.com/film/2026/aug/20/it-ends-horror-movie-review
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[2026-08-20 19:48 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Alibaba cloud revenue rises 45% even as AI spending weighs on profit
Snippet: Alibaba's U.S. shares dropped 4% in premarket trading Thursday after the Chinese tech giant posted net income that plummeted 75% in the June quarter.
Read full article: https://www.cnbc.com/2026/08/20/alibaba-cloud-revenue.html
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[2026-08-20 18:57 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Bond yields edge higher as traders digest Treasury debt buyback plan
Snippet: Bond yields edged higher on Thursday morning after pulling back sharply during the previous session following the Treasury Department's move to dramatically ramp up government debt repurchases in a bid to shore up longer-dated debt.
Read full article: https://www.cnbc.com/2026/08/20/bond-yields-edge-higher-as-traders-digest-treasury-debt-buyback-plan.html
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[2026-08-20 18:40 UTC+10:00] [National] [Factuality: 100]
Source: The Age
Title: Australia reaches trillion-dollar debt for the first time
Snippet: Products & ServicesOpen Products & Services section
Read full article: https://www.theage.com.au/national/australia-reaches-trillion-dollar-debt-for-the-first-time-20260820-p60q7e.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-08-20 18:00 UTC+10:00] [General] [Factuality: 92]
Source: South China Morning Post
Title: Chinese banks embrace cheaper short-term loan rates despite margin risks
Snippet: As some major lenders begin pricing corporate debt against flexible short-term markets, analysts warn the shift could squeeze net interest margins even further
Read full article: https://www.scmp.com/business/banking-finance/article/3364673/chinese-banks-embrace-cheaper-short-term-loan-rates-despite-margin-risks?utm_source=rss_feed
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[2026-08-20 18:00 UTC+10:00] [Ding Shuang] [Factuality: 92]
Source: South China Morning Post
Title: Chinese banks embrace cheaper short-term loan rates despite margin risks
Snippet: As some major lenders begin pricing corporate debt against flexible short-term markets, analysts warn the shift could squeeze net interest margins even further
Read full article: https://www.scmp.com/business/banking-finance/article/3364673/chinese-banks-embrace-cheaper-short-term-loan-rates-despite-margin-risks
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[2026-08-20 15:27 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China Evergrande founder Hui Ka Yan sentenced to life in prison
Snippet: China Evergrande Group's then-Chairman Hui Ka Yan attends a news conference on the property developer's annual results in Hong Kong in March 2017. © Reuters
Read full article: https://asia.nikkei.com/business/markets/china-debt-crunch/china-evergrande-founder-hui-ka-yan-sentenced-to-life-in-prison
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[2026-08-20 15:13 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Asian shares gain after US Treasury expands debt buybacks
Snippet: A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, Aug. 20, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Read full article: https://apnews.com/article/stocks-markets-bonds-oil-trump-futures-1dcf7c9c3cc490b82b2632302628c46b
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[2026-08-20 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US Treasuries in driver’s seat for risky AI stocks as investors grapple with elevated yields
Snippet: Fears of a debt issuance glut swept across the US bond market this week, driving the 30-year yield to a nearly two-decade high
Read full article: https://www.scmp.com/business/china-business/article/3364646/us-treasuries-drivers-seat-risky-ai-stocks-investors-grapple-elevated-yields?utm_source=rss_feed
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[2026-08-20 15:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US Treasuries in driver’s seat as Asian investors grapple with elevated yields
Snippet: Fears of a debt issuance glut swept across the US bond market this week, driving the 30-year yield to a nearly two-decade high
Read full article: https://www.scmp.com/business/china-business/article/3364646/us-treasuries-drivers-seat-risky-ai-stocks-investors-grapple-elevated-yields
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[2026-08-20 13:32 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Japón reporta exportaciones e importaciones récord en julio
Snippet: Vehículos estacionados para su exportación en el puerto de Yokohama, cerca de Tokio, el 1 de agosto de 2025. (Takuto Kaneko/Kyodo News vía AP, archivo)
Read full article: https://apnews.com/article/japon-importaciones-exportaciones-deficit-yen-5026db63e5fb045750373a50f1ace9ae
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[2026-08-20 13:06 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: Federal debt ticks over $1 trillion for the first time
Snippet: August 20, 2026 13:06 | News
Read full article: https://michaelwest.com.au/federal-debt-ticks-over-1-trillion-for-the-first-time/
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[2026-08-20 12:44 UTC+10:00] [General] [Factuality: 95]
Source: ABC News
Title: Can you access your super savings early? And are there consequences?
Snippet: You can access your super early in certain circumstances, but it will erode your retirement savings. (Unsplash: Fabian Blank)
Read full article: https://www.abc.net.au/news/2026-08-20/can-you-access-your-superannuation-early-housing-health/107050118
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[2026-08-20 12:39 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: China is defying the global bond yield surge, boosting its diversification appeal
Snippet: BEIJING — Chinese government bonds can play an important role in portfolio diversification as they are likely to continue behaving differently from other countries' debt, strategists say.
Read full article: https://www.cnbc.com/2026/08/20/china-defies-global-bond-yield-surge-safe-haven.html
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[2026-08-20 12:25 UTC+10:00] [BUSINESS] [Factuality: 95]
Source: The Japan Times
Title: Minimum wage rises in at least 17 prefectures to exceed central recommendations
Snippet: Minimum hourly wages are expected to rise more than recommended by a government advisory panel for fiscal 2026 in at least 17 of Japan’s 47 prefectures, a tally showed Wednesday.
Read full article: https://www.japantimes.co.jp/business/2026/08/20/economy/japan-minimum-wage-hikes-more-than-recommended/
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[2026-08-20 12:12 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Seoul shares open higher as US bond yields retreat
Snippet: Seoul shares opened higher Thursday, tracking overnight gains on Wall Street as US Treasury yields eased on plans for increased debt buybacks.
Read full article: https://www.koreaherald.com/article/10846543
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[2026-08-20 11:53 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Japan logged trade deficit for third consecutive month in July
Snippet: The Oi Container Terminal is seen in an aerial view in Tokyo on Feb. 3. (Photo by Rie Ishii)
Read full article: https://asia.nikkei.com/economy/trade/japan-logged-trade-deficit-for-third-consecutive-month-in-july
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[2026-08-20 11:45 UTC+10:00] [Business / The economy] [Factuality: 100]
Source: The Age
Title: Trump’s America faces a ‘doom loop’ as it falls in a $56 trillion hole
Snippet: Total US public debt surpassed $US40 trillion ($56 trillion) for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.
Read full article: https://www.theage.com.au/business/the-economy/trump-s-america-faces-a-doom-loop-as-it-falls-in-a-56-trillion-hole-20260820-p60px3.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-08-20 11:31 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: CNBC Daily Open: Treasury attempts to rein in bond yields as U.S. debt swells past $40 trillion
Snippet: Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Read full article: https://www.cnbc.com/2026/08/20/cnbc-daily-open-treasury-us-debt-moderna-cancer.html
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[2026-08-20 11:10 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Doom Loop" Engaged: US Debt Hits $40 Trillion As Treasury Enters The Endgame
Snippet: It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
Read full article: https://www.zerohedge.com/markets/doom-loop-engaged-us-debt-hits-40-trillion-america-enters-endgame
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