Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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PAP moved swiftly on Faishal case, but string of indiscretions could chip away at party’s reputation: Analysts
With the Cabinet now short of two office holders, analysts say the case could speed up Prime Minister Lawrence Wong’s plans for a reshuffle.
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Malaysia’s IJM Corp mulls listing of core construction business
July 20 : Malaysia’s IJM Corp said on Monday it was exploring listing its construction division, months after a failed bid from larger rival Sunway to take over the conglomerate.Here are some more details: • IJM, one of Malaysia’s leading conglomerates, said that as part of the process, it would enga
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PM Wong congratulates new UK PM Andy Burnham
“I am confident that we will continue to strengthen cooperation across a wide range of areas, including in innovation, science and technology, and defence,” wrote Prime Minister Lawrence Wong in his congratulatory letter.
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No by-election after Faishal exit, PAP to strengthen Marine Parade-Braddell Heights team: Desmond Lee
The People’s Action Party chairman noted that there were also no by-elections called when MPs in Jurong GRC and Sengkang GRC vacated their seats previously.
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Prysmian signs €5.5 billion Molex deal in data center push
ROME, July 20 : Italian cable maker Prysmian has signed a long-term agreement worth up to €5.5 billion ($6.4 billion) with Molex, an electronics company owned by U.S. group Koch, to supply fibre optic cables for data centers.• The deal of up to 10 years includes a €550 million upfront payment, Prysmian
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Faishal Ibrahim resigns: No by-election to be held in Marine Parade-Braddell Heights GRC
Prime Minister Lawrence Wong said investigations found the acting minister’s interactions with a woman had fallen short of the standards expected of political office holders.
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AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products
BRUSSELS, July 20 : Alibaba’s AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform. The fine was the third issued by the European Commission under the EU’s landmark Digital
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Philippine military says China injured sailor in sea clash
Chinese coast guard personnel struck a Filipino sailor with a baton, said the Philippine military.
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Hut 8 signs $9.8 billion AI data center lease, fully commercializes Texas campus
July 20 : Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.Shares of the company, which have nearly doubled this year, rose
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