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Singapore Bank Authority

Singapore Slaps Nine Financial Institutions with Record Fines Over S$3 Billion Dirty-Money Scandal

Singapore’s reputation as Asia’s cleanest financial hub is under fire after regulators imposed a record S$27.45 million in fines on nine institutions, including UBS and Citibank, for failing to stop a massive money-laundering operation tied to online scams and gambling. Authorities warn this is just the beginning of stricter enforcement across the sector.

Singapore Slaps Nine Financial Institutions with Record Fines Over S$3 Billion Dirty-Money Scandal Lexo / Read »

Putin giving a speech

Russia’s Summer Offensive in Ukraine Falls Short: But Kyiv Has Little to Celebrate

Russia’s long-anticipated summer offensive has not delivered the sweeping victories Moscow hoped for — but Ukrainian officials warn this is no time to celebrate. While Russia struggles with terrain and strategy, it continues to push forward with mass drone attacks, troop buildups, and relentless pressure along the 1,200 km front line.

Russia’s Summer Offensive in Ukraine Falls Short: But Kyiv Has Little to Celebrate Lexo / Read »

Rafael Grossi, IAEA Director

Nuclear Comeback? UN Warns Iran Could Restart Uranium Enrichment Within Months

The head of the UN’s nuclear watchdog, Rafael Grossi, has issued a stark warning: Iran’s nuclear program may not have been crippled by recent U.S. airstrikes, and the country could restart uranium enrichment within months. The claims directly contradict President Donald Trump’s assertion that American strikes have set Iran’s nuclear ambitions back by decades.

Nuclear Comeback? UN Warns Iran Could Restart Uranium Enrichment Within Months Lexo / Read »

Trump giving a speech

Trump’s “Big, Beautiful Bill” Sparks Political Firestorm in U.S. Senate: Millions Could Lose Healthcare

In what’s being called one of the most consequential political battles of the decade, the U.S. Senate is racing to debate and vote on a sweeping legislative package backed by President Donald Trump. Dubbed the “big, beautiful bill,” the proposal could radically reshape America’s tax system, social safety net, and federal spending priorities — potentially leaving millions without health coverage.

Trump’s “Big, Beautiful Bill” Sparks Political Firestorm in U.S. Senate: Millions Could Lose Healthcare Lexo / Read »

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