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...

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 expand Beijing's...

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 funds,...

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 market expansion in...

The Balancing Act Challenge Malaysia's abrupt backtracking on the Huawei AI project demonstrates the difficult position many countries find themselves in when caught between the US-China tech rivalry. With semiconductors accounting for 40% of Malaysia's exports, the...

This is significant news for the banking technology sector. Temenos has achieved impressive performance results with its cloud-native banking platform running on Microsoft Azure, demonstrating substantial improvements in scalability and efficiency for AI-powered...

Google's AI Search Evolution: Google introduced "AI Mode" - a ChatGPT-style conversational search feature that allows back-and-forth interactions This feature uses Google's "query fan-out" technique to break down complex queries into smaller subtopics for deeper...

Singapore, May 22, 2025 — In a major move toward intelligent web experiences, Maxthon, the award-winning web browser with over two decades of innovation, has officially announced a strategic partnership with uuGPT.com, a rising AI platform known for domain-specific...

Gardens by the Bay Children's Festival 2025: A Magical Journey Through 'Ohana and Adventure Overall Rating: ⭐⭐⭐⭐⭐ (5/5 Stars) Gardens by the Bay has outdone itself with the 11th edition of its signature Children's Festival, transforming the iconic Supertree Grove into...

China's Government Austerity: Deep Analysis and Singapore Impact The May 2025 update to China's thrift regulations - first introduced in 2013 as part of Xi Jinping's anti-corruption campaign - comes at a particularly challenging economic moment. With government...