by chung chinyi | May 23, 2025 | Uncategorized
https://www.straitstimes.com/opinion/boredom-gets-a-bad-rap-but-science-says-it-can-actually-be-good-for-us This article presents a compelling reframing of boredom as a potentially beneficial state rather than something to avoid. The authors make a strong case for how...
by chung chinyi | May 23, 2025 | Uncategorized
The Golden Dome Project: Trump announced a space-based missile defence shield using hundreds or thousands of satellites Initial funding of $25 billion proposed, with total costs estimated at $175 billion (though likely much higher) Promises “close to 100%...
by chung chinyi | May 23, 2025 | Uncategorized
The Core Problem The US faces a dangerous combination of massive tax cuts (extending 2017 cuts at a cost of $3.8-5.2 trillion over 10 years) with no credible funding mechanism. This is happening against a backdrop of already elevated deficits (6.4% of GDP) and record...
by chung chinyi | May 23, 2025 | Uncategorized
Rapid Legal Changes: The speed of implementation is remarkable – these subsidiary laws were enacted within a day using a “negative vetting” process, bypassing the usual lengthy legislative review. This suggests authorities wanted to formalise and...
by chung chinyi | May 23, 2025 | Uncategorized
Defining Shadow Banking in Singapore’s Context Shadow banking refers to credit intermediation and financial services provided by entities outside the traditional banking regulatory perimeter. In Singapore, this encompasses a diverse ecosystem including hedge...
by chung chinyi | May 22, 2025 | Uncategorized
Citigroup’s AI Initiative: Launched “Citi AI” tools for internal operations in Hong Kong Currently serves 150,000 employees across 11 countries Focuses on information retrieval, document summarization, and communication assistance Plans further...
