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Singapore set for US$12 billion surplus as Wong unveils AI ambitions in budget
Singapore expects a surplus of S$15.1 billion (US$12 billion) or 1.9 per cent of gross domestic product for the 2025 financial year, more than double an initial projection of S$6.8 billion, Prime Minister Lawrence Wong has said as he unveiled an aggressive bid to pursue AI ambitions in his annual budget speech. The higher revenues…
Hong Kong police make another arrest over deadly Tai Po blaze
Hong Kong police have made their 16th arrest in connection with last month’s deadly Tai Po blaze, detaining a man on suspicion of manslaughter. Police earlier arrested 15 people in connection with the fire, which engulfed seven of eight scaffolding-clad residential buildings in the Wang Fuk Court housing estate on November 26, killing 161 and…
Two fronts: Taliban courts India while strategically blasting Pakistan
In the rugged terrain along the Durand Line, the contested border between Afghanistan and Pakistan, a fresh wave of violence has erupted, pitting Pakistani forces against the Taliban government in Kabul. What began as Pakistani airstrikes on February 21 targeting alleged militant camps in eastern Afghanistan has spiraled into a wider ongoing conflict, with retaliatory…
Fears grow over US drug supplys growing dependence on Chinese ingredients
Beijing’s global pharmaceutical push is following a playbook seen in rare earths, semiconductors and electric vehicles, US lawmakers said on Wednesday, as concerns grow over the United States’ reliance on Chinese drug ingredients. “China is cornering the market on our medicines – from the supply of generic drugs that Americans depend on every day, to…
Colombia raids hotel hosting Jewish sect members, rescues 17 children
Immigration authorities in Colombia have taken 17 children into protective custody after they were rescued from an ultra-Orthodox Jewish sect whose members have been accused of sexually abusing and kidnapping minors in several countries. Gloria Esperanza Arriero, the director of Colombia’s national immigration service, said on Monday that her agency questioned nine members of the…
Can a do-it-all missile fix the US Navys China problem?
The US Navy is betting that a new modular, multi-mission missile can stretch shrinking magazines and blunt China’s missile advantage in a Taiwan fight—but critics warn that unless it is cheap and mass-produced, versatility alone may not be enough to change the outcome. This month, Naval News reported that the US Navy is developing a…
