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Shou Chew

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

8 Stories Indexed
Last Updated: Just Now
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Defence, Intelligence & Aerospace 05 Oct 2026, 08:55 PM IST

Navy’s Free High-Speed Wi-Fi Rollout Reaches 90% Across Unaccompanied Housing

The U.S. Navy says its initiative to provide free, high-speed Wi-Fi across all unaccompanied housing is now 90% complete, with service active in 865 of 962 buildings since the rollout began in November 2025. The milestone underscores a broader effort to modernize quality-of-life infrastructure for sailors living in barracks and similar housing, while closing a longstanding connectivity gap that has affected daily life, training access and morale.

By RDU Global Wire5 min read
Frontier AI & Machine Learning12 Oct 2026, 05:48 PM IST

TikTok CEO Says AI Could Deliver Major Scientific Breakthroughs Within Three Years

TikTok Chief Executive Shou Chew said artificial intelligence could produce major scientific breakthroughs within the next three years, underscoring the pace at which the technology is moving from productivity tool to discovery engine. He also warned that the expanding capabilities of AI will require stronger safeguards, especially as autonomous systems become more common across industries and markets.

5 min readRead →
Banking, Fintech & Insurance13 Oct 2026, 06:48 PM IST

IIT-Bombay Study Urges Sharp Cut in UPI MDR to 0.08%, Says Banks Should Not Take Bulk Share

A new study by IIT-Bombay professors has called for a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should be cut to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees and instead support the ecosystem through CASA deposits, while digital payment services must be strengthened to build trust and scale.

6 min readRead →
Macro Economy & Fiscal Policy13 Oct 2026, 12:19 AM IST

Why Couples in Their 40s Should Stop Treating Every Rupee the Same

For households in their 40s, the central financial mistake is often not under-saving but misallocating capital across goals with very different time horizons. In Ajay and Supriya Pandey’s case, a ₹1.5 crore corpus is large enough to support both long-term retirement compounding and near-term obligations, but only if it is split into distinct portfolios with separate mandates.

5 min readRead →
Banking, Fintech & Insurance12 Oct 2026, 02:21 PM IST

IIT-Bombay Study Urges Sharp Cut in UPI Merchant Fees, Says Banks Should Not Take Bulk Share

A new study by IIT-Bombay professors has recommended a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should be cut to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees as a primary revenue source and should instead use funds from CASA deposits, while the digital payments ecosystem is strengthened through better trust-building services.

5 min readRead →
Macro Economy & Fiscal Policy11 Oct 2026, 02:42 PM IST

Michael Price’s Contrarian Playbook: Why Investors Should Ignore Consensus and Trust Intrinsic Value

Legendary value investor Michael Price’s approach is a reminder that the best opportunities often emerge where the market is least interested. His philosophy stresses independent research, emotional discipline and a willingness to buy undervalued businesses when consensus is wrong or incomplete. In an era dominated by screens, models and momentum trades, his warning against spreadsheet traps remains sharply relevant.

5 min readRead →
National Governance & Policy11 Oct 2026, 01:40 PM IST

Yogi Accepts Akhilesh’s Ayodhya Challenge, Says Both Should Contest There

Uttar Pradesh Chief Minister Yogi Adityanath escalated his political duel with Samajwadi Party president Akhilesh Yadav by challenging him to contest from Ayodhya, saying both leaders should test their strength in the temple city rather than through proxies. The remarks sharpen the symbolic contest over Ayodhya, a constituency that has become central to the BJP’s political narrative and a recurring flashpoint in state politics.

5 min readRead →
Frontier AI & Machine Learning08 Oct 2026, 08:05 PM IST

Novogratz Joins AI Bubble Chorus, but Says Investors Should Still Buy the Rally

Mike Novogratz has added his voice to a growing chorus warning that artificial intelligence valuations may be entering bubble territory, even as he argues investors should continue to own the trade. The comments land amid fresh debate at global financial forums, where market veterans are increasingly split between caution on frothy tech prices and conviction that AI remains the dominant investment theme.

5 min readRead →

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