Global economy

Budget 2026: Less set aside for CDC vouchers, more to strengthen economy’s resilience

Corporate income tax to generate the most revenue, while less will be spent on special transfers like CDC vouchers.

How to create jobs for the world’s 1.2 billion new workers

Students attend a class at a coaching institute training students to secure government jobs, in Prayagraj, India.

ByteDance developing AI chip, in manufacturing talks with Samsung, sources say

The work would mark a milestone for ByteDance, which has long sought to develop chips to support its AI workloads

The next threat to globalisation? Capital controls

At the same time as the rupiah is falling, Jakarta is tightening rules on how export revenue is used.

Made in the US, sourced globally: Why American firms aren’t spared the impact of Trump’s tariffs

News analysis

Visit by Britain’s PM Starmer shows drawbacks of ‘China pivot’ in countering Trump

Britain's Prime Minister Keir Starmer visits Yuyuan Gardens in Shanghai, China, January 30, 2026. Carl Court/Pool via REUTERS

Provide more opportunities for people to succeed through vocational skills, says President Tharman

Turning away from the geopolitics of the day, what is on the minds of most people is the need for security and growth in their careers, said President Tharman Shanmugaratnam.

News analysis

Market sell-off over Greenland shows Trump’s unpredictable ways can overturn positive 2026 outlook

The US stocks benchmark S&P 500 dropped 2 per cent, erasing its 2026 gains.

Donald v Davos: An unfair fight unfolds at the World Economic Forum

The global economy today is unrecognisable from the pre-Trump era.

Trump to meet global CEOs in Davos, with US policy in focus

Over 3,000 delegates from more than 130 countries will attend the World Economic Forum in Davos, organisers say.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.