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PAP dominates Singapore election, maintains long-standing power

Singapore’s ruling PAP poised for 14th electoral victory, maintaining six decades of power amid economic challenges and opposition efforts.

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Singapore’s ruling PAP poised for 14th electoral victory, maintaining six decades of power amid economic challenges and opposition efforts.

In Short

Singapore’s People’s Action Party is poised for a significant victory in its 14th consecutive election, winning 87 of 97 parliamentary seats.

Prime Minister Lawrence Wong faces challenges such as living costs and housing, with early results suggesting strong support for his leadership.

Singapore’s People’s Action Party (PAP) appears set for a significant victory in its 14th consecutive election, based on preliminary vote counts.

The PAP is expected to win in 87 out of 97 parliamentary seats, with results showing it has secured all but three constituencies. This election is a test of the PAP’s popularity, which has governed since before Singapore’s independence in 1965.

The main opposition, the Workers’ Party, likely retains its ten seats, the maximum for any opposition party in Singapore. Despite the PAP’s historic strongholds, its share of the popular vote remains a critical measure of its mandate. New Premier Lawrence Wong aims to surpass the PAP’s 60.1% share from the 2020 elections, one of its lowest performances.

Key issues

A final election result is anticipated early Sunday, with early vote counts presenting a 4% margin of error. Key issues during the election included living costs and housing availability, pressing challenges for Wong’s government amid economic uncertainties.

This election marks Wong’s first as Prime Minister, succeeding Lee Hsien Loong. Observers noted the substantial margins of victory for the PAP in many contests, indicating strong support for Wong’s leadership.

While a PAP defeat was unlikely, analysts suggested that a stronger opposition presence could reshape future political dynamics, as younger voters express a desire for more diverse political representation and debate.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Markets watch RBA, tax talks, and Nvidia surge

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Investors are eyeing a possible rate cut from the Reserve Bank of Australia as inflation cools. In the US, Trump’s sweeping tax bill is dividing Congress ahead of the 2026 race. Nvidia gears up to report earnings next week, with markets hopeful the AI boom continues. Meanwhile, Bitcoin has hit fresh record highs, driven by ETF momentum and global demand.

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Trump’s “big beautiful bill” takes centre stage

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Donald Trump is back in Washington, rallying Republicans around his sweeping new budget plan—nicknamed the “One Big Beautiful Bill.” It promises to tackle inflation, border security, and government waste, while proposing a bold new Department of Government Efficiency—possibly led by Elon Musk. With U.S. debt over $36 trillion, Trump’s push comes at a tense economic moment. Supporters say it’s about fiscal discipline; critics say it’s far-fetched. As 2026 looms, the question remains—can Trump deliver real reform, or is this more political theatre?

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Tech, trade & tariffs reshape global economic landscape

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The global economy is undergoing rapid change — with breakthroughs in technology, shifts in trade policy, and renewed inflationary pressures all colliding.

In the U.S., the autonomous vehicle sector is accelerating after Waymo received key regulatory approval to expand its driverless services. The move could give Alphabet a competitive edge over rivals like GM’s Cruise, with the prospect of robotaxis generating real revenue on the horizon.

At the same time, fresh tariff threats are sparking alarm in the retail sector. Walmart has warned that new duties could trigger double-digit price hikes, putting pressure on consumers and potentially reshaping spending patterns, especially in electronics and apparel.

Meanwhile, the UK and EU have struck new trade agreements aimed at reducing red tape around food and emissions. The deals mark a step toward improved cooperation and could provide a modest economic boost for exporters.

With uncertainty still hanging over global markets, investors are once again turning to precious metals. Gold and silver are gaining attention as safe havens, with silver’s industrial use giving it added appeal in an uncertain climate.

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