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SIC Public Statement on PSC Corporation Ltd Take-over Rule Breach
The Securities Industry Council issued a public statement finding that Dr. Goi Seng Hui, Executive Chairman of PSC Corporation Ltd, breached Rule 14.1(a) of the Singapore Code on Take-overs and Mergers. The breach occurred when the Offeror purchased shares on 4 December 2023 despite the Share Buy-Back Exemption conditions not being met, causing his voting rights to increase to 30.23%. The Offeror failed to make a mandatory general offer for the company upon crossing the 30% threshold.
Written Reply on Private Credit Risk Exposure of Singapore Financial Institutions
MAS responded to a parliamentary question regarding Singapore-domiciled financial institutions' exposure to US private credit markets. Deputy Prime Minister Gan Kim Yong confirmed that Singapore financial institutions have minimal exposure to US private credit despite record 9.2% default rates in 2025. MAS stated it regularly monitors risk exposures as part of supervisory oversight and engages financial institutions on stress testing balance sheets against global financial stress scenarios including private credit defaults.
PacifiCorp seeks equity percentage below 44 percent
PacifiCorp d/b/a Pacific Power & Light Company filed a petition with the Washington Utilities and Transportation Commission seeking authority for its parent company to maintain a common equity percentage below 44 percent. The petition was filed on September 24, 2025, and assigned docket number UE-250727. The filing is currently in formal status with Thomas Klein assigned as lead staff.
TWC Grant Opportunity for Adult Education Programs in Panhandle and Deep East Texas
The Texas Workforce Commission announced a Request for Applications for Adult Education and Literacy grants in the Panhandle and Deep East workforce development areas. Eligible organizations may apply for funding to provide in-person and virtual literacy, workforce training, digital literacy, and college preparation services at no cost to adult learners.
TexasInternNetwork.com Launch - Free Internship Hub for Employers and Students
The Texas Workforce Commission launched TexasInternNetwork.com, a free digital platform connecting employers with students seeking internships across Texas. The platform features AI-powered tools for resume assistance, cover letter creation, and interview coaching. This initiative is part of the statewide Texas Intern Network campaign, a collaborative effort involving TWC, the Texas Education Agency, and the Texas Higher Education Coordinating Board.
AI RMF Profile on Trustworthy AI in Critical Infrastructure - Concept Note
NIST Information Technology Laboratory announced the development of an AI Risk Management Framework (AI RMF) Profile focused on Trustworthy AI in Critical Infrastructure. The concept note outlines plans to guide critical infrastructure operators toward specific risk management practices for AI-enabled capabilities across IT, OT, and Industrial Control Systems. NIST is establishing a Community of Interest to gather feedback from industry, regulators, policymakers, academia, and stakeholders to inform the profile's development.
UN High Commissioner deplores incendiary rhetoric in Middle East war
UN Human Rights Chief Volker Türk issued a statement on April 7, 2026, deploring inflammatory rhetoric used by all parties in the Middle East conflict, including threats to annihilate civilizations and target civilian infrastructure. The statement emphasizes that carrying out such threats constitutes the most serious international crimes under international law.
Michigan Encourages Financial Check-ins and Savings Goals During America Saves Week
The Michigan Department of Insurance and Financial Services (DIFS) issued a press release for America Saves Week (April 6-10, 2026) encouraging Michiganders to conduct financial check-ins, review budgets, and set savings goals. DIFS also promoted Michigan Open Account Coalition (MOAC) Month, highlighting low-cost banking access through partnerships with approximately 40 financial institutions across 67 Michigan counties to serve historically underserved communities.
State Grand Jury Indicts Woodbridge Police Sergeant for Aggravated Manslaughter in Fatal Shooting of Aamir Allen
A New Jersey state grand jury indicted Woodbridge Police Sergeant Marco Bruno on one count of first-degree aggravated manslaughter in connection with the May 29, 2025 fatal shooting of Aamir Allen, 35, of Carteret, in Woodbridge Township, Middlesex County. The investigation was conducted by the Attorney General's Office of Public Integrity and Accountability under the Independent Prosecutor Directive of 2019, which mandates AG office investigation of deaths occurring during law enforcement encounters.
Result of Yield/Price Based Auction of State Government Securities - April 2026
The Reserve Bank of India conducted an auction of state government securities on April 7, 2026, successfully raising the full target of ₹18,159 crore from seven participating states. All amounts offered were accepted, with yields ranging from 7.35% to 8.07% across tenors of 5 to 31 years. This represents standard monetary operations by the RBI for state government borrowing.
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