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Singapore foreign exchange reserves stood at USD 427.9 billion in July, up from USD 426.25 billion previously.

2026-08-07

Singapore foreign exchange reserves stood at USD 427.9 billion in July, up from USD 426.25 billion previously.

Other News
2026-08-06

Bank of England analysis finds AI development and adoption have raised productivity in UK firms while reducing employment. Software and IT consulting firms’ contribution to annual productivity growth has increased tenfold versus the pre‑pandemic deca

Bank of England analysis finds AI development and adoption have raised productivity in UK firms while reducing employment. Software and IT consulting firms’ contribution to annual productivity growth has increased tenfold versus the pre‑pandemic decade, adding 0.1 percentage point to productivity in 2023–25. Information service providers shifted from a drag to a positive contributor over the same period. AI adopters show rising productivity particularly in office administration and business services, where repetitive tasks (scheduling, invoicing) are prone to automation. Vacancies in occupations most exposed to AI fell 15% over the past three years; medium‑exposure occupations fell 10% and low‑exposure 6%. Customer service and administrative vacancies declined by more than 20%.
2026-08-07

Iran's parliament speaker Ghalibaf said of Trump: "A large-scale attack is imminent...wait, nevermind, they want to negotiate." He called that recurring dramatized diplomacy, said using intimidation, broken promises and fake news as pressure is a fai

Iran's parliament speaker Ghalibaf said of Trump: "A large-scale attack is imminent...wait, nevermind, they want to negotiate." He called that recurring dramatized diplomacy, said using intimidation, broken promises and fake news as pressure is a failed tactic, and added "we do not need more theatrics," urging parties to acknowledge facts and honor commitments.
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