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1. Firms spent heavily on AI. Now rising costs are outpacing its value

   AI is getting expensive – and companies are starting to rethink their embrace of the disruptive technology. Playing by a well-worn Silicon Valley playbook, artificial intelligence companies charged rock-bottom prices to hook customers after ChatGPT burst onto the scene. Kevin Simback of start-up incubator Delphi Labs calls it the era of “subsidised intelligence” – meaning investors were...

2. How a decade-long bet on photonics handed this Chinese venture capital firm an AI windfall

   As artificial intelligence strains the physical limits of existing data centres, scientists and investors are turning to the ultimate speed limit of the universe for the next computing frontier: light. For Mi Lei, founder of CAS Star, a venture capital firm born out of the state-run Chinese Academy of Sciences (CAS), the sudden global fascination with photonics is less a surprise than a delayed...

3. India seals BrahMos missile deal with Vietnam, eyes Indonesia next

   India ⁠has signed ⁠a deal with Vietnam under which it will supply BrahMos missiles which it has jointly ‌developed with Russia and is in “final stages” for a similar deal with Indonesia, India’s Defence Secretary Rajesh Kumar Singh said on ⁠Saturday. India has a strong commitment ‌to Asean nations, Singh said, without disclosing more details ‌of the deals related to BrahMos. Singh ⁠was ⁠speaking...

4. How a Hong Kong app is a ‘vital lifeline’ for 76,000 patients navigating cancer care

   Hongkonger Susan Tam, 70, used to wake in the middle of the night, desperate for relief from an unbearable, relentless itch caused by her cancer medication. Tam, diagnosed with lung cancer a few months ago, tried applying regular moisturiser to soothe severe skin rashes, but in vain. She also used aqueous cream, a staple from her time working in a care home for the elderly, and even turned to...

5. Why the US Navy must look to allies if it wants to catch up to China at sea

   Washington’s plans to work with allies on warship design and construction face steep opposition at home, but analysts warn that the US must outsource shipbuilding to South Korea and Japan if it wants to close its gap in fleet size with China. The US budget submission for the next financial year includes US$1.85 billion for a study on outsourcing parts of the design and construction of frigates...

6. Where Southeast Asians really want to live, work and travel

   Mass media commonly portrays Southeast Asia as an exciting, adventure-fuelled and culturally rich region – if often an exoticised one – for inhabitants and visitors alike. The final section of the ISEAS – Yusof Ishak Institute’s State of Southeast Asia 2026 Survey, based on respondents’ “relocation preference and travel choices”, adds to the already abundant evidence of the “soft power” of...

7. From nuclear submarines to trade, South Korea and US remain deadlocked ahead of talks

   South Korea and the United States are heading into talks in Seoul next week with different priorities over the implementation of last year’s summit agreement, with President Lee Jae Myung pushing for the supply of nuclear-powered submarines and Washington seeking progress on a major investment pledge by the Lee administration. US approval on the use of nuclear fuel for South Korea’s submarines...

8. Spain’s property market sees boost as Hongkongers, others, depart the UK and Canada

   Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle. Property agents said Spain’s Non-Lucrative Visa (NLV), designed for retirees and anyone who can support themselves without employment, had become one of their top choices. The NLV provides...

9. East Asia’s population challenge isn’t just about raising birth rates

   Across East Asia, societies are becoming richer, healthier and more educated, yet fewer people feel able or willing to have families and raise children. Low fertility plagues high-income societies, particularly in East Asia, where the total fertility rate (TFR) has fallen below one birth per woman, well under the replacement level of 2.1 births. While many countries have dedicated considerable...

10. New Zealand tells US it lacks billions ‘under the couch’ to raise defence spending

    New Zealand does not have the fiscal headroom to increase defence spending to the levels the US might expect, Finance Minister Nicola Willis said. US Defence Secretary Pete Hegseth told delegates at an Asia security forum in Singapore on Saturday that New Zealand’s target of raising defence spending to 2 per cent of the economy is not enough and was an example of “freeloading”. He hinted that...