Singapore's Monetary Authority has slightly increased the rate of appreciation of the Singapore dollar's policy band for the second time, aiming to preempt inflation risks from rising oil prices. Despite core inflation remaining low at 1.6% in June, the move addresses potential imported cost pressures as Brent crude oil prices surged above $100 a barrel due to Middle East tensions. The economy remains strong with a 5.7% GDP growth in Q2, driven by robust electronics exports fueled by AI demand. This cautious policy adjustment reflects Singapore's reliance on imported energy and the need to manage inflation risks amid global uncertainties.
Dr. Dajun Yang, Chairman and CEO of Ascentage Pharma, was ranked No. 3 on The Medicine Maker Power List 2026 in the Small Molecules category, recognizing his leadership in oncology drug development. Under his guidance, Ascentage Pharma has advanced i...
Charles Hoskinson, co-founder of Cardano, warned that Bitcoin might lose its top cryptocurrency status if its governance structure fails to effectively address quantum computing challenges. He emphasized that Bitcoin's rigidity in making major upgrad...
Toescoin, a memecoin on the Solana blockchain, announced talks with a major Japanese venture capital firm interested in investing up to $250,000 over time. This engagement aims to provide both funding and strategic support as Toescoin expands its pre...
POSCO International, South Korea's largest trading company, is piloting the tokenization of real commercial invoices on the Injective blockchain in partnership with LG CNS. This pilot creates a unified, transferable onchain record for trade receivabl...
Shiba Inu (SHIB) experienced a sharp 15% increase, breaking key resistance levels with strong volume, signaling potential trend reversal if momentum holds. Bitcoin (BTC) stabilized around $64,300, showing signs of healthy accumulation but still faces...
