Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
June 15 : OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.Audited financial figures show the ChatGPT maker spent about $19 billion on research and development in 2025 and nearly $6 billion on sales and marketing, as well as
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Austria coach Rangnick wary of Jordan at World Cup of surprises
SANTA CLARA, California, June 15 : Austria coach Ralf Rangnick is wary that his team could become the latest European nation to be thwarted by sides from the Asian confederation at the World Cup if they fail to bring their best against debutants Jordan on Tuesday.Czech Republic lost 2-1 to South Korea last w
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Bank of Japan hikes interest rate to 31-year high
TOKYO: The Bank of Japan hiked interest rates to a 31-year high on Tuesday (Jun 16) as it battles inflation caused by the Middle East war, even after Washington and Tehran agreed on a peace deal.The
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G-Dragon and Nike collaborate on World Cup collection for South Korea
As part of its X2 project, Nike has partnered with seven organisations from seven countries to launch capsule collections, with K-pop star G-Dragon’s fashion line, Peaceminusone, representing South Korea.
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‘Protectionist instincts’: Seafood traders caught in Thai-Malaysia row over shrimp, seabass exports
A seafood trade dispute between Thailand and Malaysia has created uncertainty for Thai farmers and Malaysian sellers.
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PUB channels S$12 million to develop water efficiency solutions for wafer fabrication, data centres: DPM Gan
The data centre and chipmaking industries are water-intensive and provide critical components and services for artificial intelligence.
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A decade in the making, Tengah’s newly completed S$120 million reservoir set to serve 42,000 homes
The two five-storey high tanks, which are built on the highest point in Tengah, are set to become operational by this year.
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Asia markets temper US-Iran deal optimism as oil prices plunge
Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 0.1 per cent, at US$83.25 a barrel.
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Saudi coach Donis laments lack of time with squad after Uruguay fightback
MIAMI, June 15 : Saudi Arabia coach Georgios Donis said he had not been in charge long enough to ensure the squad have the tactical flexibility needed to deal with an experienced Uruguay side after their 1-1 draw with the South Americans at the World Cup on Monday. Donis replaced Herve Renard in late April…
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Jordan feeling pride not pressure over World Cup debut
SANTA CLARA, California, June 15 : Jordan are feeling pride not pressure ahead of their World Cup debut against Austria and will fight to prove their worth in what will be a new chapter in the country’s soccer history, captain Ehsan Haddad said on Monday.Known for their strong counter-attacking, Jordan scored
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