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As "AI programming" becomes increasingly easier, a new wave is emerging: "micro-applications" that anyone can create and "super programmers" who can replace entire teams

For the general public, software development rights are being decentralized, and programming has become as simple as sending a WeChat message; for practitioners, the mediocre middle layer is disappearing, and only those who can harness AI, the "super individuals" who can stand alone against an army, can stand at the forefront

Eaton shares are trading higher after HSBC upgraded the stock from Hold to Buy and announced $400 price target.

GBP/USD forecast: signal as Morgan Stanley, HSBC change tune on BoE

The GBP/USD exchange rate has drawn attention as traders reassess their outlook on Bank of England (BoE) interest rate cuts. Currently trading at 1.2692, down from 1.2760, the pound's movement follows mixed economic data, including slower-than-expected inflation drops and declining retail sales. Analysts from Morgan Stanley and HSBC now predict a rate cut in August rather than June, influenced by recent inflation data. Technical analysis suggests potential for the GBP/USD to rise towards 1.2900, following bullish indicators.

Here’s why the Lloyds, NatWest, and HSBC share prices are surging

British banks, including Lloyds, NatWest, and HSBC, are experiencing significant share price surges in 2023, driven by supportive Bank of England policies and high-interest rates. Lloyds shares rose to 52.58p, NatWest to 259p, and HSBC to 628p, all reflecting substantial gains from their year-to-date lows. Analysts note that these banks are undervalued compared to their American and European counterparts, with low price-to-book ratios. However, they are also facing challenges, including job cuts, which investors believe may enhance profitability as interest rates are expected to decline.

Daily Debrief: What Happened Today (Jan 16)

On January 16, Singapore announced an extension of the rental occupancy cap for HDB and private homes until December 2028 due to high demand. Maybank highlighted a favorable market outlook for 2026, while Viettel Group launched Vietnam's first semiconductor fabrication plant. HSBC is reviewing its life insurance business in Singapore, and Singapore's key exports grew by 6.1% in December, impacted by pharmaceuticals. Additionally, Changi Airport is increasing flights to China in anticipation of a surge in travel for the Chinese New Year.