Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Oil falls on slightly improved flows through Gulf; set for monthly gain
July 31 : Oil prices fell more than 1 per cent on Friday as more supplies flowed through crucial maritime chokepoints, despite a lack of major breakthroughs in talks between the United States and Iran.Oil prices, however, remained on track for a monthly rise.Brent futures were down $1.28, or 1.44 per c
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Tech rebound fuels record-breaking rally in South Korean stocks
HONG KONG: South Korean stocks soared a record 17.9 per cent on Friday (Jul 31) as Asian tech firms performed a blistering recovery from an extended sell-off, with beaten-down chip giant SK Hynix rocketing almost a third as the AI boom roared back.After four weeks of blood-letting fuelled by worries over the
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German court rules AI music firm Suno broke copyright rules
MUNICH, July 31 : A German court ruled on Friday that AI music firm Suno has violated copyrights and has to provide information on illicit revenue, part of a wider legal battle by artists and publishers against technology firms.The Munich-based regional court said Suno did not have the right to process the mu
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Japan quake death toll hits 35 as auto and chip factories suspend productions
Tens of thousands of residents are without power and water in temperatures forecast to approach 40°C this weekend.
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Seven & i agrees strategic partnership, $620 million investment with SoftBank, SMFG units
TOKYO, July 31 : Japan’s Seven & i Holdings has formed a strategic partnership with SoftBank Corp, PayPay and Sumitomo Mitsui Card, which will each invest 100 billion yen ($620 million) into the 7-Eleven operator, a filing showed on Friday. Each of the three will acquire a 2.27 per cent stake in Seven & i,…
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National Environment Agency to get new CEO
Ms Geraldine Low, who is currently Deputy Secretary (Development) at the Ministry of National Development, will be appointed CEO of NEA on Sep 1.
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Chelsea’s Palmer eager to prove a point after World Cup disappointment
SYDNEY, July 31 : Chelsea’s Cole Palmer says he is fired up for the upcoming Premier League season and has a point to prove after being left out of the England squad for the World Cup.Palmer, who was omitted from Thomas Tuchel’s squad after an injury-marred season, said he was “not too bothered” about getting
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North Korea growth topped 3% for third straight year in 2025: Seoul
SEOUL: North Korea’s economy grew more than 3 per cent for a third straight year in 2025, South Korea’s central bank estimated on Friday (Jul 31), as Pyongyang continues to deepen economic and military ties with Russia.The Bank of Korea (BoK) has published annual estimates of the North’s economy since 1991, b
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Government completes acquisition and takes possession of 38 Oxley Road site
The National Heritage Board will study how to turn it into a public space “in a manner that respects Mr Lee Kuan Yew’s wishes for privacy”.
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Apple slides as supply snags cloud outlook, putting iPhone demand in focus
July 31 : Apple shares dropped 7.3 per cent before the bell on Friday as the tech giant warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike.The decline puts Apple on track to shed roughly $361.6 billion in
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