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Friday, 17 April 2026

Sports Updates: The Singaporean Guide To The Cost Of Watching The FIFA World Cup 2026


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The guide outlines how much Singaporeans will need to pay to watch the FIFA World Cup 2026, highlighting that costs can range from zero to under $100 depending on viewing preferences.

The 2026 tournament is the largest ever, featuring 48 teams and 104 matches across North America. For Singapore viewers, match timings are relatively convenient, with most games airing in the morning or early evening. A major improvement is the increase in free-to-air coverage. A total of 28 matches—including the opening game, selected group matches, both semi-finals, the third-place playoff, and the final—will be broadcast on Mediacorp’s Channel 5 and streamed on meWATCH. Casual fans can therefore follow key moments at no cost.

For full access, viewers can purchase the official Season Pass, available via meWATCH as well as Singtel and StarHub platforms. The early-bird price is S$98 (until 30 April 2026), rising to S$118 thereafter. This includes all 104 matches in HD, along with on-demand replays.

Compared with previous tournaments, pricing has remained unchanged from 2022 despite a significant increase in matches. This makes 2026 the best-value edition on a per-match basis, dropping from about $1.53 per match in 2022 to roughly $0.94 in 2026.

Ultimately, the actual cost depends on viewing habits. Casual viewers can rely entirely on free coverage, while dedicated fans can secure comprehensive access at a relatively attractive price if they subscribe early.

Technology Updates: Could This AI-Simulated Brain Lead to Human Mind-Uploading?


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The article examines whether recent advances in AI brain simulation could eventually enable human mind-uploading, but concludes that such a prospect remains highly uncertain.

Inspired by Richard Feynman’s idea that true understanding requires creation, AI researchers have long attempted to replicate the brain’s processes. San Francisco startup Eon Systems claims a breakthrough with a “virtual fly” powered by a full digital replica of a fruit fly’s brain, or connectome. This model includes about 125,000 neurons and 50 million synaptic connections, and reportedly mimics real neural activity with 95% accuracy. Unlike typical AI models, the system is presented as a true digital twin of a biological brain rather than a behavioural imitation.

Eon views this as an early step toward mind-uploading—the idea that a perfectly simulated brain would reproduce consciousness, memories, and subjective experience. This aligns with transhumanist beliefs that humans could transcend biological limits through technology.

However, many experts strongly disagree. Neuroscientists like Karl Friston argue that simulating brain processes does not necessarily produce consciousness, calling it a “category error.” Similarly, Anil Seth compares the claim to assuming a simulated rainstorm makes a computer wet—highlighting the gap between simulation and subjective experience.

Technical challenges also remain immense. Eon aims to simulate a mouse brain next, but even that is far more complex, and mapping a human brain—estimated at up to 99 billion neurons—appears vastly more difficult. Additionally, the brain’s constantly changing synaptic connections may make perfect replication impossible.

While full mind-uploading is likely far off, the technology could still deliver practical benefits, such as accelerating neuroscience and medical research.

Investing Updates: More older millennials and Gen X in Singapore investing in cryptocurrency: report


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A 2026 report by Independent Reserve shows that cryptocurrency adoption in Singapore is rising, particularly among older millennials and Gen X in the “sandwich class” (aged 35–54). About one-third of Singaporeans now own or have owned crypto, up from 29% in 2025, with participation especially high among middle-income individuals supporting both children and ageing parents.

For this group, crypto investing is driven more by financial necessity than novelty. Around 77% see it as important for long-term wealth building, significantly higher than the broader population. They are also more active traders, with 65% having sold crypto in the past year versus 44% overall.

Despite growing interest, most investors remain cautious. About 76% allocate 10% or less of their portfolio to crypto, consistent with a typical 70/20/10 asset allocation approach where crypto falls into higher-risk investments. Key motivations include portfolio diversification (38%), access to growth opportunities beyond traditional finance (33%), wealth accumulation (41%), and legacy planning (55%). Only a small minority (11%) invest for ideological reasons.

Investment behaviour also matters. Those using dollar-cost averaging (DCA) report better outcomes, with 55% seeing gains and only 15% reporting losses, compared with weaker results among irregular investors. Long-term holding further improves performance, with 87% reporting profits over a 10-year horizon.

However, barriers remain. Nearly half of non-investors cite price volatility as the main deterrent. Both investors and non-investors emphasise the importance of clear regulation, responsible industry practices, and stronger consumer protection to build trust. The findings suggest that while crypto is increasingly viewed as a legitimate part of diversified portfolios, greater education and understanding are still needed.

Investing Updates: Let’s combine the benefits of the broker custody model and the seamless experience of the CDP


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The article argues that Singapore’s stock market could be strengthened by combining the advantages of the broker custody model with the Central Depository (CDP) system, rather than favouring one over the other.

The CDP model remains popular among local retail investors because it is simple, cost-free, and gives shareholders direct ownership of their securities. This direct ownership makes corporate participation seamless—investors receive communications directly and can easily attend annual general meetings (AGMs) without intermediaries. Such ease of exercising shareholder rights is a key strength that should not be lost.

However, the broker custody model is increasingly used, especially by investors who trade overseas markets. It is also the dominant system globally. One major benefit is consolidation: investors can hold both local and foreign securities in a single account, making portfolio management more convenient. Brokers can also offer value-added services such as investment advice, fractional trading, and portfolio management. Because brokers have visibility over clients’ holdings, they can provide more tailored guidance—for example, advising on whether to participate in a REIT rights issue.

Despite these advantages, broker custody has drawbacks. Shareholders do not hold securities in their own name, which complicates participation in AGMs. Investors must arrange proxies through brokers, often with significant lead time, making the process less convenient and potentially discouraging engagement.

The article concludes that while both models have merit, the future lies in integrating their strengths. As regulators explore expanding broker custody usage, they should also incorporate the seamless shareholder experience offered by the CDP. A hybrid approach could enhance investor convenience, improve access to services, and ultimately help revitalise Singapore’s equity market.

Investing Updates: iEdge Next 50 Liquidity Weighted Index outperforms STI on tech strength


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The iEdge Singapore Next 50 Liquidity Weighted Index has outperformed the Straits Times Index (STI) in 2026, delivering a 9.7% year-to-date return versus the STI’s 8.9%. This index tracks the 50 largest Singapore-listed companies just below the STI but differs by weighting stocks based on trading liquidity rather than market capitalisation, reflecting where investor activity is most concentrated.

Liquidity has risen significantly, with average daily turnover reaching S$275 million through mid-April, up 43% from 2025. Valuations have also improved, as seen in the increase in median price-to-book ratios from 1.05 to 1.23. This suggests stronger investor demand and engagement with mid-cap stocks.

Technology has emerged as the key driver of performance. Four major tech-related constituents—Frencken, UMS, CSE Global, and iFast—make up nearly 20% of the index and have collectively delivered strong gains, averaging 43% returns since 2025. Their trading activity has also surged, with turnover increasing 2.5 times. Growth in these firms is linked to the global artificial intelligence-driven semiconductor cycle and rising demand for digital infrastructure.

While real estate investment trusts (REITs) remain the largest sector and provide stability through steady cash flows, the momentum has shifted toward technology and digital infrastructure. This reflects a broader trend where capital is flowing into sectors tied to data centres, automation, AI-enabled manufacturing, and digital services.

The index’s liquidity-weighted approach highlights stocks attracting sustained investor participation rather than simply large firms. Looking ahead, Singapore’s tech ecosystem is expected to remain supported, though growth will be more execution-driven and capital-intensive, favouring companies with scale, reliability, and strong cross-border capabilities.

Monday, 13 April 2026

Investing Updates: Is the 1-year T-bill better than the 6-month T-bill and fixed deposits?


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The article examines whether the 1-year Singapore T-bill offers better value than the 6-month T-bill and fixed deposits amid fluctuating interest rates.

T-bill yields have recently rebounded, with the 6-month yield rising to about 1.47% and the 1-year T-bill closing yield at around 1.46% as of April 2026. While yields are similar, demand for T-bills has remained strong, which may keep yields competitive but also uncertain at auction.

A key consideration is reinvestment risk. Investors choosing two consecutive 6-month T-bills may achieve similar or better returns if rates rise, but face uncertainty if rates fall. In contrast, the 1-year T-bill allows investors to lock in current rates for a longer period, offering more certainty. This may be appealing given expectations that US interest rates could remain largely stable in 2026, with only modest cuts projected later.

Compared to fixed deposits, the 1-year T-bill currently offers a slightly higher yield (1.46% vs about 1.40% for best 1-year fixed deposits). However, shorter-term fixed deposits can offer higher rates (around 1.50% for 6 months), though they often require minimum deposits (e.g. S$10,000).

Singapore Savings Bonds (SSBs) provide similar 1-year returns (around 1.40%) but offer greater flexibility, including the option to redeem early and higher long-term returns if held for up to 10 years.

Ultimately, the choice depends on priorities. The 1-year T-bill is suitable for investors seeking to lock in a stable return and reduce reinvestment risk, while the 6-month T-bill or fixed deposits may suit those ΥΈΥΎ value flexibility or wish to take advantage of potential rate increases.

Friday, 10 April 2026

Property Updates: Property upgrading has built wealth for many, but what is the full cost of the dream?


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Property upgrading in Singapore—typically moving from public housing to private property—has long been seen as a reliable path to wealth. However, this narrative deserves closer scrutiny. While past generations benefited from rising prices and favourable conditions, today’s buyers face higher costs, tighter regulations, and more uncertain returns.

A common scenario illustrates the trade-offs: a couple upgrades from an HDB flat to a condo, doubling their mortgage and stretching their finances. Despite meeting lending criteria, their increased expenses—loan repayments, maintenance fees, childcare, and insurance—leave little financial buffer. The result is often longer working hours, lifestyle sacrifices, and mounting stress, raising the question of whether this is truly an “upgrade” in quality of life.

Experts like Christopher Tan argue that past success has been ΰ¦­ুলly treated as a universal rule. What worked in earlier decades may not apply today. Similarly, entrepreneur Jeremy Ko highlights the psychological toll of large mortgages and the opportunity cost of tying up capital in property rather than more flexible or higher-return investments.

Financially, property gains may also be less impressive than they appear. After accounting for stamp duties, interest, taxes, and maintenance, returns can be modest, and losses are not uncommon. Property is also a concentrated, illiquid asset—difficult to sell partially and heavily reliant on market conditions.

Beyond finances, upgrading can reduce flexibility and freedom. Heavy debt may limit career choices, delay life decisions, and erode peace of mind. While safeguards like loan limits prevent over-borrowing, they do not guarantee comfort or long-term affordability.

Ultimately, upgrading should not be an automatic goal but a deliberate decision. Buyers should consider not just potential profits, but also lifestyle impact, financial resilience, and whether the move truly supports a meaningful and sustainable way of living.

Investing Updates: DeFi yields are crashing so hard that they can't compete with a traditional savings account


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Decentralized finance (DeFi) is facing a sharp decline in yields, undermining one of its core attractions: higher returns in exchange for higher risk. In 2026, leading protocols like Aave now offer around 2.6% APY on stablecoins such as USDC—below the roughly 3.1% available through traditional platforms like Interactive Brokers. This reversal means investors are taking on greater smart contract and security risks while earning less than in traditional finance (TradFi).

During the 2021–2022 boom, DeFi yields often exceeded 20%, with some protocols offering far higher returns. However, those rates were largely driven by token incentives and speculative demand, which have since faded. Today, “organic yield” based on borrowing demand has weakened significantly, dragging rates down across the sector. Even standout projects like Ethena have seen yields drop from over 40% to around 3.5%, alongside declining deposits.

The few remaining competitive yields—typically between 3.5% and 6%—are increasingly tied to real-world assets such as U.S. Treasuries or private credit. While this helps boost returns, it blurs the line between DeFi and traditional finance, which some investors aimed to avoid.

At the same time, risks remain high. Crypto exploits surged to $2.47 billion in 2025, with attacks evolving beyond code vulnerabilities to include social engineering and operational failures. Incidents like the Resolv exploit highlight how even non-technical weaknesses can cause major losses.

Adding pressure, potential regulation such as the Digital Asset Market Clarity Act could restrict passive stablecoin yields, further limiting DeFi’s appeal.

With lower returns, persistent risks, and regulatory uncertainty, DeFi’s value proposition is weakening. Investors must now reconsider whether the reduced rewards still justify the exposure.

Gaming Updates: Plants Vs Zombies 3 rises from the dead in soft launch for select regions


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Plants vs Zombies 3 has returned once again in a soft launch, marking the third attempt by Electronic Arts to revive the popular tower defence franchise. Now subtitled “Evolved,” the game is currently available in select regions, including the Philippines and Australia, continuing a pattern of repeated testing, reworking, and relaunching that highlights EA’s ongoing struggle to refine the sequel.

For those unfamiliar, Plants vs Zombies is a well-known tower defence game where players strategically plant defensive units to stop waves of zombies from invading their garden. Its simple mechanics and addictive gameplay made it a global hit, setting high expectations for any sequel.

The newest iteration, Plants vs Zombies 3: Evolved, introduces notable changes to the formula. The most significant addition is a merging system that allows players to combine plants into stronger versions with enhanced abilities. This mechanic aims to deepen gameplay and offer more strategic variety compared to earlier versions.

Beyond merging, the game reportedly includes several new systems and tweaks that differentiate it from previous releases, including the earlier “Welcome to Zomburbia” build. However, since the game is still in soft launch, only players in selected regions can currently evaluate whether these changes improve the experience or stray too far from the original charm.

The repeated relaunches suggest that even a highly successful franchise like Plants vs Zombies can be difficult to evolve. Balancing innovation with fan expectations remains a challenge, especially in a genre with limited room for drastic reinvention. For now, Evolved represents EA’s latest attempt to get that balance right ahead of a potential global release.

Monday, 6 April 2026

Investing Updates: What to Expect in the Week Ahead (March CPI, FOMC Minutes, Core PCE & Earnings from DAL, APLD)


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Week Ahead: CPI, FOMC Minutes, and Key Earnings in Focus

The week's dominant macro event is Friday's March CPI print, with Bloomberg Economics forecasting a sharp +0.9% month-on-month surge — the largest since June 2022 — pushing the year-on-year rate to 3.3%, driven primarily by a gasoline spike linked to the ongoing Iran conflict. The critical question is whether this represents a one-off energy shock or the beginning of a broader inflation re-acceleration that closes the door on near-term Fed rate cuts.

Wednesday's FOMC minutes from the March 17–18 meeting are expected to confirm broad consensus to hold rates steady, with Chair Powell maintaining a high bar for any easing until core inflation trends convincingly toward 2%. Thursday's Core PCE reading is forecast at +0.44% month-on-month, with the year-on-year rate edging down slightly to 3.0%.

On the activity side, Monday's ISM Services PMI and Tuesday's durable goods orders are both expected to hold up reasonably well, keeping the macro backdrop "solid but inflationary." With the VIX elevated, markets are likely to stay cautious heading into the Thursday–Friday risk window.

Key earnings include Delta Air Lines (Wednesday), which will serve as a live read on airlines' ability to pass fuel cost increases through to consumers via higher fares. Applied Digital and BlackBerry also report, offering insights into AI data centre monetisation and cybersecurity spending respectively.

In markets last week, Intel surged after repurchasing Apollo's stake in its Irish chip facility, Microsoft unveiled new proprietary AI models, and Nvidia benefited from sustained AI hardware demand. Tesla fell after missing delivery expectations, while Micron staged a partial recovery following early pressure over reduced AI memory demand concerns.