Tag: Singapore

On Tuesday, October 20, 2026, a Google Cloud computing failure originating in the London Europe-West2 data centre completely crippled 31 primary internet services, including Cloud Storage and the Kubernetes Engine.  Although the physical server meltdown occurred in the United Kingdom, the interconnected nature of digital banking caused immediate international ripple ...

A 30-year-old Myanmar national, Ye Lin, was charged in Singapore on Tuesday over an AI-generated crocodile image that triggered a search at Pandan Reservoir and a temporary suspension of water activities. He faces charges for sending a false message and obstructing justice. Ye Lin told the court through an interpreter ...

Singapore and China should explore new areas of cooperation in artificial intelligence and the green economy as their economic relationship enters a new phase, Singapore Deputy Prime Minister Gan Kim Yong said on Friday. Gan, who is also trade minister, said the partnership had “never been static” and should continue ...

Singaporeans are more open to letting an AI agent shop on their behalf than most of the world, but they also want it kept on a short leash. The latest agentic AI study from Global Payments, covering seven countries including the US, China and the UK, found that 59% of ...

Singapore is having two very different conversations about AI. The government is pushing businesses and public agencies to use AI more, while the country’s financial regulator is warning about the risks behind the investment boom. Speaking at Digital@UNGA, Minister Josephine Teo said Singapore is focused on using AI to improve ...

Singapore investors are reassessing the risks around artificial intelligence after new warnings about the possibility of AI development contributing to human extinction triggered a sell-off in AI-related stocks. The warnings have renewed debate over whether the industry is moving too quickly without enough safeguards. Fears about the consequences of AI ...

Singapore's electronics exports surged at an unprecedented pace in August as the global AI boom continued to drive demand for computing hardware. Electronics exports jumped 131.8% from a year earlier, while shipments of personal computers, which include servers used by data centres, rose 238%. Disk drives increased 214%, and integrated ...

The sentencing of six Malaysian men in a S$4.9 million Singapore robbery shows a key problem in crypto investigations. Blockchain transactions are visible, but recovering stolen assets is much harder. The men were sentenced on September 14 for their roles in a 2024 robbery at a luxury residence in King ...

Singapore Exchange has secured authorization from the U.S. Commodity Futures Trading Commission to give eligible U.S. institutional investors direct access to its Bitcoin and Ether perpetual futures. American trading firms can access the contracts through SGX clearing members, with onboarding typically taking two to four weeks. The contracts have recorded ...

Singapore is moving to give stablecoin issuers a dedicated licence under proposed amendments to the Payment Services Act. The Monetary Authority of Singapore (MAS) would allow only licensed issuers that meet its requirements to market their tokens as “MAS-regulated stablecoins.” The proposal covers single-currency stablecoins issued in Singapore and pegged ...