Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Airbnb hits four-year high as investors cheer revenue forecast raise, AI payoff
Aug 7 : Airbnb shares surged 14 per cent to a more-than-four-year high on Friday as the vacation-rental firm’s raised annual revenue forecast eased worries over the fallout on global travel demand from the conflict in the Middle East.As the war in Iran enters its sixth month, hotel operators and online travel
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Thai students in disbelief after deadly school shooting
The boy took his own life after killing a maths teacher, a Thai language teacher, a guidance counsellor, a student affairs administrator and a secretary at the school.
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Trump says Congress wants to regulate AI industry ‘out of business’
WASHINGTON, Aug 7 : U.S. President Donald Trump said the U.S. Congress wants to regulate the AI industry “out of business,” according to a Punchbowl News interview published on Friday.Trump’s remarks underscore a widening debate in Washington over how aggressively to police a fast-moving AI industry that has
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FA bans solid pitchside barriers after player dies
Aug 7 : The FA has banned solid pitchside barriers across the National League System following the death of former Arsenal academy player Billy Vigar, the governing body said on Friday.The FA launched a review of the safety of walls and boundaries last year after the 21-year-old suffered a significant brain i
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US appeals court blocks Trump’s US$400 million White House ballroom project
WASHINGTON: A United States federal appeals court on Friday (Aug 7) ordered US President Donald Trump’s administration to stop construction on a US$400 million ballroom on the site of the White House’s demolished E
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Cloudflare shares jump after forecast raise on higher AI-driven spending
Aug 7 : Cloudflare shares rose 16 per cent before the bell on Friday after the cloud services firm raised its annual forecasts, betting that growing enterprise spending on AI infrastructure would drive demand for its networking and security products.The results, reported after markets closed on Thursday, add
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Japan’s yen surges after US jobs data, traders wary of intervention risk
LONDON, Aug 7 : The yen jumped suddenly against the dollar again on Friday after a surprisingly weak U.S. employment report, with traders alert to the prospect of intervention just a few days after Japanese and U.S. authorities jointly stepped into the foreign exchange markets to lift the stubbornly weak Japanese cu
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England defender Bronze backs UEFA in standoff with FIFA and Infantino
Aug 7 : England defender Lucy Bronze said European players would support a boycott of FIFA competitions if necessary, backing UEFA’s opposition to FIFA chief Gianni Infantino despite his apology over plans to sell a World Cup stake to private investors.Speaking ahead of her club side Chelsea’s pre-season frie
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Shields says fight with Price likely to take place in 2027
Aug 7 : Undisputed heavyweight champion Claressa Shields expects her long-discussed blockbuster showdown with Wales’ Lauren Price to be delayed until 2027.Price called for a fight with the American after beating Stephanie Pineiro in April to retain her welterweight world titles, with the pair coming face-to-f
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Stocks, dollar steady ahead of US jobs report; oil wobbles
LONDON, Aug 7 : Global stocks headed for their strongest weekly gain since May on Friday, ahead of major U.S. jobs data, as investor optimism over robust earnings growth and enthusiasm over AI helped offset concern about the conflict in the Middle East.MSCI’s All-World index has risen 2.4 per cent this week,
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