Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Scheffler hunts for history at tricky Shinnecock Hills
NEW YORK, June 15 : American Scottie Scheffler faces plenty of opposition on his hunt for a career Grand Slam when the U.S. Open begins on Thursday in Southampton, New York, the genteel slice of Long Island that the rough and ruthless Shinnecock Hills Golf Club calls home. World number one Scheffler hopes t
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What’s next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events –
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Energy shares fall as Iran deal lowers Hormuz disruption risk
June 15 : U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital Strait of Hormuz.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, Pakista
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CNA Explains: Where the US and Iran agree on the peace deal – and what remains unresolved
Though the memorandum of understanding is scheduled to be officially signed on Friday (Jun 19) in Switzerland, the precise terms of the deal are still not known, with both parties releasing conflicting information during negotiations.
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AT&S invests up to €2 billion in Malaysia plan to capitalise on AI boom
VIENNA, June 15 : Austrian circuit board manufacturer AT&S has announced it is investing up to €2 billion ($2.3 billion) in Malaysia to capitalise on the AI boom, sending its shares soaring nearly 30 per cent.”We will fully expand our site in Kulim,” the company’s CEO Michael Mertin told Reuters in an inter
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Exclusive-Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
June 15 : In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing.A Reuters examination publishe
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Former Changi chalet among growing number of state properties given new lease of life
Over 20 tenders were launched in Singapore last year to repurpose state properties, signalling a rise in interest in redeveloping old buildings rather than demolishing them.
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Two Chinese fans robbed at gunpoint in Mexico City during World Cup visit
The masked robbers, wearing helmets, took passports, bags, laptops, cash and luxury watches.
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US remains world’s largest arms exporter, but Iran war strains stockpiles and delays weapons deliveries
For countries waiting on US military equipment, the delays are prompting a broader reassessment of how much they can rely on US weapons supplies in a crisis.
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Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz
LONDON, June 15 : Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures fell $4.33, or nearly 5 per cent, to $83.00 a…
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