A commentary piece examines how deepening conflict involving Iran and heightened tensions in the Hormuz Strait have left India in a sidelined diplomatic position in the Middle East region. 🌍 The article discusses implications for India’s foreign policy amid broader Middle East geopolitical shifts involving Iran and maritime security concerns. ⚓ The Hormuz Strait crisis […] More
United Overseas Bank (UOB) reported a 4% year-on-year decline in net profit, citing a softer operating environment. The bank attributed the profit fall to challenging market conditions affecting its financial performance. 💰 UOB cited “softer operating environment” as the primary reason for the profit contraction 🏦 The decline represents a 4 percentage point year-on-year decrease […] More
Microsoft is considering delaying or abandoning its 2030 goal to match its entire hourly electricity use with renewable energy purchases, according to Bloomberg News. The company’s energy-intensive push for artificial intelligence data centres is reshaping the feasibility of the target. 📅 The 2030 renewable energy matching goal was Microsoft’s stated objective for aligning its electricity […] More
A former technology chief for OpenAI testified in a video on Wednesday that CEO Sam Altman sowed distrust among top executives and persistent chaos as the company developed and deployed its artificial intelligence software. 🏛️ The testimony was delivered via video during an OpenAI trial 💼 The former technology chief’s concerns specifically centred on the […] More
Chicago Federal Reserve President Austan Goolsbee said on Wednesday that even if artificial intelligence proves as transformative as anticipated, the Fed would still need to monitor for rising inflation and economic overheating. 💬 Goolsbee stated that if AI “is as good as advertised, it would be lovely, wonderful, it will make us rich.” 🏛️ The […] More
Singapore’s Minister for Foreign Affairs Dr Vivian Balakrishnan visited the Middle East from May 2 to 5, where he reaffirmed the importance of upholding free transit passage through the Strait of Hormuz and discussed areas of cooperation such as energy security. During the working visit, he met with counterparts from the United Arab Emirates and […] More
Singapore’s three driving schools suspended approximately 13,400 accounts suspected of bot activity in 2025, according to Coordinating Minister for National Security K. Shanmugam. The schools—Singapore Safety Driving Centre, ComfortDelGro Driving Centre, and Bukit Batok Driving Centre—have implemented anti-bot measures including CAPTCHA authentication and account restrictions in response to the issue. The Government does not plan […] More
Education Minister Desmond Lee told Parliament on Wednesday that not using artificial intelligence in schools for education would represent a wrong policy approach. The statement was part of a daily news roundup covering multiple top stories. 🎓 Desmond Lee made the remarks in Parliament on Wednesday, May 6. 💻 The minister characterised the complete avoidance […] More
Miami-based AI data center developer Hut 8 has signed a 15-year lease agreement valued at $9.8 billion for its Beacon Point data center campus in Texas. The facility will support AI model training and deployment infrastructure. The company’s shares rose more than 10 percent in premarket trading following the announcement. 🏢 $9.8 billion, 15-year lease […] More