Singapore’s Prime Minister on Thursday spoke about the adoption of artificial intelligence (AI) as a “decisive factor for success” while acknowledging the displacement of jobs by AI during his speech on Budget 2026: Securing Our Future Together in a Changed World. AI raises productivity and will be “a strategic advantage for Singapore” that helps overcome
Tens of thousands of cars are being exported to Russia through gray-market routes via China, despite export sanctions following Moscow’s invasion of Kyiv. A growing number of cars are sold as zero-mileage used vehicles in Russia but are brand new cars and sold by China as used. Among them are Toyota and German luxury models,
The U.S. and Taiwan have locked in a new economic partnership on Friday. The U.S. now has a 15 per cent tariff on Taiwan, down from the 20 per cent initially imposed. In return, Taiwan agrees to substantially roll back its tariffs on the U.S. including a 26 per cent tariff on farm goods. On
Japanese authorities said they seized a Chinese fishing boat and arrested its captain on Friday. Officials reported that the Chinese national entered Japan’s exclusive economic zone (EEZ) and ignored repeated orders to stop for an on-board inspection. “In order to prevent and deter illegal operations by foreign fishing vessels, we will continue to carry out
