Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Cerebras shares climb as Wall Street brokerages back AI chip strategy
June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer’s unconventional AI strategy more than three weeks after its strong debut.Shares of the company rose 5.5 per cent in premarket trading, with at least
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MLS aims to turn 2026 World Cup attention into lasting gains
LOS ANGELES, June 8 : Major League Soccer Commissioner Don Garber says the league is treating the 2026 FIFA World Cup not as a six-week showcase but as the launchpad for a new era, aiming to convert global attention on North American soccer into lasting growth in fans, relevance and stature. Garber said MLS
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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding
LONDON, June 8 : Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.The strategy builds on a £400 million commitment announced by Prime Minister Keir Starmer at London Tech
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China’s Xi vows unwavering support for North Korea’s Kim in rare Pyongyang visit
SEOUL: China will not swerve from its commitment to safeguarding common interests with North Korea or waver in its support for Kim Jong Un, President Xi Jinping told Pyongyang’s leader on Monday (Jun 8) during a r
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Alphabet taps Intel to make three million in-house chips, The Information reports
June 8 : Alphabet’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions.Nvidia has not placed an order with Intel yet, but has been evaluating whether the compan
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Indonesia fleshes out plan to strengthen state control over commodity imports
JAKARTA, June 8 : Indonesia’s Trade Ministry published technical regulations on Monday that give the central government more control over coal, palm oil and ferroalloy exports, part of a controversial plan by President Prabowo Subianto to boost earnings from the country’s plentiful natural resources. The new
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EV maker VinFast’s quarterly revenue rises on strong Southeast Asia demand
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia.The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 trillion do
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Sibling rivals line up for different teams at World Cup
June 8 : Four sets of brothers will compete at the World Cup, all for different countries in a reflection of how steady migration around the world has had an impact on football.Desire Doue and his older brother Guela are French-born, but while Paris St Germain starlet Desire plays for Les Bleus, Guela is an…
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Finland jails businessman for trafficking Thai berry workers
HELSINKI, Finland: A Finnish court on Monday (Jun 8) handed a two-and-a-half-year jail term to a local businessman for human trafficking Thai workers to pick berries in the Nordic country.Finnish authorities have cracked down in recent years after cases of exploitation of seasonal migrant workers in the natio
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Declining fertility a global challenge that no one has answers to, but efforts still worth it: PM Wong
Asked whether a new population planning parameter is on the cards, Prime Minister Lawrence Wong said there is no new figure and the goal is to “maintain stability and to avoid population decline”.
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