Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Global equity funds draw third weekly inflow as investors buy the dip
June 12 : Global equity funds drew inflows for a third straight week, as investors used a market selloff to add exposure to technology stocks on expectations the AI-driven rally will continue.Investors bought a net $3.32 billion of global equity funds in the week through June 10, compared with $21.12 billion
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Photographer fined S$15,000 after flying drone which captured parts of SAFTI, Pasir Laba Camp
Prayut Rittichaipornkul was taking photographs and videos of a company for marketing and decided to employ his drone for better quality footage.
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Danantara Indonesia unit will not take over contracts in new export plan, meeting minutes show
JAKARTA, June 12 : A unit of Danantara Indonesia assigned to handle strategic commodity exports will not take over existing contracts or customer relationships, according to minutes of a meeting with industry associations seen by Reuters on Friday, easing concerns about potential trade flow disruptions.Invest
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How Musk’s tactics left investors clamoring for SpaceX stock and ignoring risks
NEW YORK, June 12 : In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut this week.One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur
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Canada’s move to rein in AI chatbots, spurred by school shooting, faces doubts over loopholes
OTTAWA, June 12 : Canadian legislation to regulate AI chatbots, introduced this week after national outrage over a school shooting that left nine people dead, has raised doubts among academics and legal experts who warn that loopholes and its lengthy time frame may undermine the effort.Public pressure mounted
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Iranian-American fans face uneasy World Cup as war rages
LOS ANGELES, June 12 : When Iran kick off their World Cup campaign next week in Los Angeles, Iranian-American businessman Ehsan Shafi will be in the stands cheering on Team Melli, a rare chance to welcome the national side he adores to his adopted home.Instead of a moment of pure sporting celebration, however
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Trump’s grand sporting season begins with UFC fights on White House lawn
WASHINGTON, June 12 : President Donald Trump’s run of high-profile sporting events begins this week in Washington, with the U.S. leader eager to project an image of strength at home and abroad.At Trump’s behest, the Ultimate Fighting Championship will stage a slate of mixed martial arts bouts on the White Hou
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Leclerc to follow Hamilton’s brake switch after Monaco crash
BARCELONA, June 12 : Charles Leclerc will follow Ferrari teammate Lewis Hamilton’s lead and switch brake disc supplier for this weekend’s Barcelona-Catalunya Grand Prix after the Briton’s recent run of success and his own crash in Monaco last Sunday.Seven-time world champion Hamilton has finished runner-up in
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‘Ridiculous mindset’: Why some fatal road accidents in Malaysia spark racial undertones
The racialisation of road accidents can deepen divisions in a society that is already sensitive to issues of race and religion, experts say.
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F1 stewards return Gasly to the Monaco GP podium
BARCELONA, June 12 : Alpine driver Pierre Gasly was reinstated to the Monaco Grand Prix podium on Friday after Formula One stewards ruled in favour of his Renault-owned team and rescinded penalties for pitlane speeding.The Frenchman had finished third on track but dropped to seventh after the two five-second
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