Singapore-Malaysia Ties: President Tharman will make his first state visit to Malaysia from July 13–15, with ceremonies at Istana Negara and talks expected to deepen trade and cooperation; bilateral trade hit RM402.35b in 2025. Digital Assets Regulation: Circle won US OCC approval to set up Circle National Trust, a federally regulated national trust bank starting with custody for its digital assets—another step toward mainstreaming stablecoins. Fed Watch: Kevin Warsh’s first Congress testimony will come as June inflation data lands, with economists looking for easing in consumer prices but possible persistence in upstream inflation. AI Strategy Debate: Opinion argues the AI era hinges on whether countries build “trusted tech” via resilient alliances—or fragment into isolated national stacks. Wealth & Hiring: Singapore wealth management hiring is spreading beyond private bankers into tech, investment, compliance and risk roles. Markets & Real Estate: S-Reits stayed cautious in H1 amid higher yields and uncertainty, while pockets of resilience held up. Energy Costs for Data Centres: Record electricity prices may squeeze data centre margins as hedges expire and fixed contracts roll off. Crypto Scams: Singapore police and Coinbase helped stop $4.2m in losses via a multi-exchange operation targeting fraud victims before transfers completed. Transport & Property: Woodlands Gateway’s first phase will include a major transport hub, with heavy-vehicle routing planned underground.