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Income inequality

News analysis

Australian PM Albanese moves to ease intergenerational wealth gap. How effective will it be?

Australian PM Anthony Albanese holds a press conference in Sydney, New South Wales, on May 6.
Australian PM Anthony Albanese holds a press conference in Sydney, New South Wales, on May 6.

AI use surges globally but rich-poor divide widens, Microsoft says

The United Arab Emirates tops the ranking of AI usage at 70.1 per cent, followed by Singapore, Norway, Ireland and France.
The United Arab Emirates tops the ranking of AI usage at 70.1 per cent, followed by Singapore, Norway, Ireland and France.

$1 million bonuses: Chip giants soaring payouts to staff fan fears of widening inequality

SK Hynix allocates 10 per cent of operating profit to employees as bonuses. Thanks to the AI boom, that resulted in an average payout of 1.5 times annual salaries in 2025. 
SK Hynix allocates 10 per cent of operating profit to employees as bonuses. Thanks to the AI boom, that resulted in an average payout of 1.5 times annual salaries in 2025. 

Iran war a threefold test of governance for Singapore

Singapore moved early to cushion households and businesses from the worst effects of the crisis without imposing drastic curbs on energy consumption. 
Singapore moved early to cushion households and businesses from the worst effects of the crisis without imposing drastic curbs on energy consumption. 

Can a country get too rich?

Norwegian oil has built an economy that is the envy of other rich countries, not to mention poor ones.
Norwegian oil has built an economy that is the envy of other rich countries, not to mention poor ones.

‘Why wait for a bus that won’t come?’: India has more graduates than jobs

Ford Motor Co. employees work on the final assembly of vehicles at the Ford India Pvt. Maraimalai Nagar factory in Chengalpattu, India, on Tuesday, April 17, 2012. Ford's Maraimalai Nagar plant near Chennai in the southern state of Tamil Nadu makes the Figo hatchback, the Fiesta sedan and Endeavour SUV models.
Ford Motor Co. employees work on the final assembly of vehicles at the Ford India Pvt. Maraimalai Nagar factory in Chengalpattu, India, on Tuesday, April 17, 2012. Ford's Maraimalai Nagar plant near Chennai in the southern state of Tamil Nadu makes the Figo hatchback, the Fiesta sedan and Endeavour SUV models.

‘Nowhere else to go’: The squatters in the richest part of Seoul

Guryong, a 28.7ha, unauthorised settlement surrounded by some of the country’s richest people, symbolises the economic gap in Seoul and the struggle the poor face to own a home.
Guryong, a 28.7ha, unauthorised settlement surrounded by some of the country’s richest people, symbolises the economic gap in Seoul and the struggle the poor face to own a home.

Forum: The Edelman trust survey is a mirror Singapore cannot afford to ignore

China’s hereditary elite is taking shape

Matchmaking sessions catering to rich singles (above) are likely to magnify their inherited advantage, says the report.
Matchmaking sessions catering to rich singles (above) are likely to magnify their inherited advantage, says the report.

Viral drone video fuels debate about Brazil’s Rio favela tourism

Visitors have been accused of glamourising poverty and crime in low-income communities.
Visitors have been accused of glamourising poverty and crime in low-income communities.

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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.