Aspect-Level Obfuscated Sentiment in Thai Financial Disclosures and Its Impact on Abnormal Returns

Understanding sentiment in financial documents is crucial for gaining insights into market behavior. These reports often contain obfuscated language designed to present a positive or neutral outlook, even when underlying conditions may be less favorable. This paper presents a novel approach using Aspect-Based Sentiment Analysis (ABSA) to decode obfuscated sentiment in Thai financial annual reports. We develop specific guidelines for annotating obfuscated sentiment in these texts and annotate more than one hundred financial reports. We then benchmark various text classification models on this annotated dataset, demonstrating strong performance in sentiment classification. Additionally, we conduct an event study to evaluate the real-world implications of our sentiment analysis on stock prices. Our results suggest that market reactions are selectively influenced by specific aspects within the reports. Our findings underscore the complexity of sentiment analysis in financial texts and highlight the importance of addressing obfuscated language to accurately assess market sentiment.

Breaking the Adversarial Robustness-Performance Trade-off in Text Classification via Manifold Purification

A persistent challenge in text classification (TC) is that enhancing model robustness against adversarial attacks typically degrades performance on clean data. We argue that this challenge can be resolved by modeling the distribution of clean samples in the encoder embedding manifold. To this end, we propose the Manifold-Correcting Causal Flow (MC^2F), a two-module system that operates directly on sentence embeddings. A Stratified Riemannian Continuous Normalizing Flow (SR-CNF) learns the density of the clean data manifold. It identifies out-of-distribution embeddings, which are then corrected by a Geodesic Purification Solver. This solver projects adversarial points back onto the learned manifold via the shortest path, restoring a clean, semantically coherent representation. We conducted extensive evaluations on text classification (TC) across three datasets and multiple adversarial attacks. The results demonstrate that our method, MC^2F, not only establishes a new state-of-the-art in adversarial robustness but also fully preserves performance on clean data, even yielding modest gains in accuracy.

MedDCR: Learning to Design Agentic Workflows for Medical Coding

Medical coding converts free-text clinical notes into standardized diagnostic and procedural codes, which are essential for billing, hospital operations, and medical research. Unlike ordinary text classification, it requires multi-step reasoning: extracting diagnostic concepts, applying guideline constraints, mapping to hierarchical codebooks, and ensuring cross-document consistency. Recent advances leverage agentic LLMs, but most rely on rigid, manually crafted workflows that fail to capture the nuance and variability of real-world documentation, leaving open the question of how to systematically learn effective workflows. We present MedDCR, a closed-loop framework that treats workflow design as a learning problem. A Designer proposes workflows, a Coder executes them, and a Reflector evaluates predictions and provides constructive feedback, while a memory archive preserves prior designs for reuse and iterative refinement. On benchmark datasets, MedDCR outperforms state-of-the-art baselines and produces interpretable, adaptable workflows that better reflect real coding practice, improving both the reliability and trustworthiness of automated systems.

State of the Art in Text Classification for South Slavic Languages: Fine-Tuning or Prompting?

Until recently, fine-tuned BERT-like models provided state-of-the-art performance on text classification tasks. With the rise of instruction-tuned decoder-only models, commonly known as large language models (LLMs), the field has increasingly moved toward zero-shot and few-shot prompting. However, the performance of LLMs on text classification, particularly on less-resourced languages, remains under-explored. In this paper, we evaluate the performance of current language models on text classification tasks across several South Slavic languages. We compare openly available fine-tuned BERT-like models with a selection of open-source and closed-source LLMs across three tasks in three domains: sentiment classification in parliamentary speeches, topic classification in news articles and parliamentary speeches, and genre identification in web texts. Our results show that LLMs demonstrate strong zero-shot performance, often matching or surpassing fine-tuned BERT-like models. Moreover, when used in a zero-shot setup, LLMs perform comparably in South Slavic languages and English. However, we also point out key drawbacks of LLMs, including less predictable outputs, significantly slower inference, and higher computational costs. Due to these limitations, fine-tuned BERT-like models remain a more practical choice for large-scale automatic text annotation.

Learn to Select: Exploring Label Distribution Divergence for In-Context Demonstration Selection in Text Classification

In-context learning (ICL) for text classification, which uses a few input-label demonstrations to describe a task, has demonstrated impressive performance on large language models (LLMs). However, the selection of in-context demonstrations plays a crucial role and can significantly affect LLMs' performance. Most existing demonstration selection methods primarily focus on semantic similarity between test inputs and demonstrations, often overlooking the importance of label distribution alignment. To address this limitation, we propose a two-stage demonstration selection method, TopK + Label Distribution Divergence (L2D), which leverages a fine-tuned BERT-like small language model (SLM) to generate label distributions and calculate their divergence for both test inputs and candidate demonstrations. This enables the selection of demonstrations that are not only semantically similar but also aligned in label distribution with the test input. Extensive experiments across seven text classification benchmarks show that our method consistently outperforms previous demonstration selection strategies. Further analysis reveals a positive correlation between the performance of LLMs and the accuracy of the underlying SLMs used for label distribution estimation.

Additive Large Language Models for Semi-Structured Text

Large Language Models have advanced clinical text classification, but their opaque predictions remain a critical barrier to practical adoption in research and clinical settings where investigators and physicians need to understand which parts of a patient's record drive risk signals. To address this challenge, we introduce \textbf{CALM}, short for \textbf{Classification with Additive Large Language Models}, an interpretable framework for semi-structured text where inputs are composed of semantically meaningful components, such as sections of an admission note or question-answer fields from an intake form. CALM predicts outcomes as the additive sum of each component's contribution, making these contributions part of the forward computation itself and enabling faithful explanations at both the patient and population level. The additive structure also enables clear visualizations, such as component-level risk curves similar to those used in generalized additive models, making the learned relationships easier to inspect and communicate. Although CALM expects semi-structured inputs, many clinical documents already have this form, and similar structure can often be automatically extracted from free-text notes. CALM achieves performance comparable to conventional LLM classifiers while improving trust, supporting quality-assurance checks, and revealing clinically meaningful patterns during model development and auditing.

Multi-Scale Feature Fusion and Graph Neural Network Integration for Text Classification with Large Language Models

This study investigates a hybrid method for text classification that integrates deep feature extraction from large language models, multi-scale fusion through feature pyramids, and structured modeling with graph neural networks to enhance performance in complex semantic contexts. First, the large language model captures contextual dependencies and deep semantic representations of the input text, providing a rich feature foundation for subsequent modeling. Then, based on multi-level feature representations, the feature pyramid mechanism effectively integrates semantic features of different scales, balancing global information and local details to construct hierarchical semantic expressions. Furthermore, the fused features are transformed into graph representations, and graph neural networks are employed to capture latent semantic relations and logical dependencies in the text, enabling comprehensive modeling of complex interactions among semantic units. On this basis, the readout and classification modules generate the final category predictions. The proposed method demonstrates significant advantages in robustness alignment experiments, outperforming existing models on ACC, F1-Score, AUC, and Precision, which verifies the effectiveness and stability of the framework. This study not only constructs an integrated framework that balances global and local information as well as semantics and structure, but also provides a new perspective for multi-scale feature fusion and structured semantic modeling in text classification tasks.

Robust Defense Strategies for Multimodal Contrastive Learning: Efficient Fine-tuning Against Backdoor Attacks

The advent of multimodal deep learning models, such as CLIP, has unlocked new frontiers in a wide range of applications, from image-text understanding to classification tasks. However, these models are not safe for adversarial attacks, particularly backdoor attacks, which can subtly manipulate model behavior. Moreover, existing defense methods typically involve training from scratch or fine-tuning using a large dataset without pinpointing the specific labels that are affected. In this study, we introduce an innovative strategy to enhance the robustness of multimodal contrastive learning models against such attacks. In particular, given a poisoned CLIP model, our approach can identify the backdoor trigger and pinpoint the victim samples and labels in an efficient manner. To that end, an image segmentation ``oracle'' is introduced as the supervisor for the output of the poisoned CLIP. We develop two algorithms to rectify the poisoned model: (1) differentiating between CLIP and Oracle's knowledge to identify potential triggers; (2) pinpointing affected labels and victim samples, and curating a compact fine-tuning dataset. With this knowledge, we are allowed to rectify the poisoned CLIP model to negate backdoor effects. Extensive experiments on visual recognition benchmarks demonstrate our strategy is effective in CLIP-based backdoor defense.

Beyond SELECT: A Comprehensive Taxonomy-Guided Benchmark for Real-World Text-to-SQL Translation

Text-to-SQL datasets are essential for training and evaluating text-to-SQL models, but existing datasets often suffer from limited coverage and fail to capture the diversity of real-world applications. To address this, we propose a novel taxonomy for text-to-SQL classification based on dimensions including core intents, statement types, syntax structures, and key actions. Using this taxonomy, we evaluate widely used public text-to-SQL datasets (e.g., Spider and Bird) and reveal limitations in their coverage and diversity. We then introduce a taxonomy-guided dataset synthesis pipeline, yielding a new dataset named SQL-Synth. This approach combines the taxonomy with Large Language Models (LLMs) to ensure the dataset reflects the breadth and complexity of real-world text-to-SQL applications. Extensive analysis and experimental results validate the effectiveness of our taxonomy, as SQL-Synth exhibits greater diversity and coverage compared to existing benchmarks. Moreover, we uncover that existing LLMs typically fall short in adequately capturing the full range of scenarios, resulting in limited performance on SQL-Synth. However, fine-tuning can substantially improve their performance in these scenarios. The proposed taxonomy has significant potential impact, as it not only enables comprehensive analysis of datasets and the performance of different LLMs, but also guides the construction of training data for LLMs.

Fractional neural attention for efficient multiscale sequence processing

Attention mechanisms underpin the computational power of Transformer models, which have achieved remarkable success across diverse domains. Yet understanding and extending the principles underlying self-attention remains a key challenge for advancing artificial intelligence. Drawing inspiration from the multiscale dynamics of biological attention and from dynamical systems theory, we introduce Fractional Neural Attention (FNA), a principled, neuroscience-inspired framework for multiscale information processing. FNA models token interactions through Lévy diffusion governed by the fractional Laplacian, intrinsically realizing simultaneous short- and long-range dependencies across multiple scales. This mechanism yields greater expressivity and faster information mixing, advancing the foundational capacity of Transformers. Theoretically, we show that FNA's dynamics are governed by the fractional diffusion equation, and that the resulting attention networks exhibit larger spectral gaps and shorter path lengths -- mechanistic signatures of enhanced computational efficiency. Empirically, FNA achieves competitive text-classification performance even with a single layer and a single head; it also improves performance in image processing and neural machine translation. Finally, the diffusion map algorithm from geometric harmonics enables dimensionality reduction of FNA weights while preserving the intrinsic structure of embeddings and hidden states. Together, these results establish FNA as a principled mechanism connecting self-attention, stochastic dynamics, and geometry, providing an interpretable, biologically grounded foundation for powerful, neuroscience-inspired AI.