Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Samsung insurers plan to buy Canopius for $1.5 billion, newspaper says
SEOUL, Sept 3 : South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50 per cent stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on Thursday.Samsung Fire and Marine Insurance Co and Samsung Life Insu
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Two dead, multiple injured in Minneapolis shooting
Three police officers were also injured, including two who were shot.
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Buse follows grandfather’s footsteps with victory at US Open
NEW YORK, Sept 2 : Peruvian Ignacio Buse added a new chapter to his family’s U.S. Open story on Wednesday as he came through a five-setter to earn a maiden victory and follow in the footsteps of his grandfather, who last won a match at the tournament in 1958. The 32nd seed beat American Marcos…
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South Korea utility proposes Samsung pays $15 billion in advance for power, paper says
SEOUL, Sept 3 : Korea Electric Power Corp (KEPCO) has proposed Samsung Electronics pay 20 trillion won ($15 billion) in advance for power through to 2031 to help fund the expansion of its grid, the Chosun Ilbo reported on Thursday.It has also proposed that SK Hynix pay 5 trillion won in advance, the newspaper
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Queiroz re-appointed Ghana coach two months after stepping down
Sept 3 : Carlos Queiroz was re-appointed Ghana coach for an indeterminate period on Wednesday, two months after stepping down in the wake of the country’s World Cup campaign. The experienced former Iran, Portugal, Colombia and Egypt coach took the Black Stars to the Round of 32 at the World Cup despite having
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Venezuela’s Maduro asserts immunity, urges US judge to dismiss charges
NEW YORK: Ousted Venezuelan President Nicolas Maduro urged a US judge on Wednesday (Sep 2) to dismiss criminal drug trafficking charges against him, arguing he should be immune from prosecution as the head of a sovereign country.The charges, filed in Manhattan federal court, formed the basis for the US milita
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Shares, bonds rally as markets await signals for Fed rates
TOKYO, Sept 3 : Shares and bonds staged a relief rally in Asia on Thursday while the yen held on to gains as investors awaited fresh U.S. data and central banker comments for signals that could determine whether the Federal Reserve tightens policy this month. Japanese government bond yields slid from histori
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US Treasury issues US$1 coin with Trump’s face on it
A new US$1 coin bearing Donald Trump enters circulation as the US marks 250 years of independence, despite a federal bar on living presidents appearing on currency.
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Samsung insurers plan to buy Canopius for $1.5 billion, Korea Economic Daily reports
SEOUL, Sept 3 : South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50 per cent stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily reported on Thursday.Here are a few details: • The two Samsung ins
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Dolly Parton to get new Hollywood star after vandalism
Vandals scratched the star earlier this week, leaving Parton’s name badly defaced.
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