Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Egypt confirms drone caused fire on two gas vessels at Damietta
CAIRO: A drone caused the fire that engulfed two gas vessels at Egypt’s Mediterranean port of Damietta, the Egyptian cabinet said on Thursday (Jul 30), confirming for the first time that the blaze which erupted a day earlier was the result of an attack rather than an accident.No party has claimed responsibili
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Panasonic raises profit outlook on AI demand, battery unit profit jumps
TOKYO, July 30 : Panasonic Holdings raised its full-year operating profit forecast on growing demand tied to AI on Thursday and posted a rise in quarterly profit at its key battery-making energy unit on higher sales of energy storage systems.The Japanese company raised its group profit forecast for the year e
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From WhatsApp to GoDaddy: How India is trying to stop cybercrime before it happens
Over the past two months, India has tightened oversight across its digital ecosystem, with moves affecting WhatsApp, Telegram, Truecaller and GoDaddy. What are the trade-offs? Experts weigh in.
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Capgemini sees multi-year IT modernisation boom as firms prepare for AI
July 30 : Capgemini Chief Executive Aiman Ezzat said on Thursday that companies hoping to deploy artificial intelligence at scale will first need to modernise decades-old technology systems, creating what he described as a multi-year investment cycle in data, software and infrastructure.The comments came afte
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Mumbai’s mangroves under threat as city pushes ahead with major infrastructure projects
An upcoming 26km coastal road in India’s financial capital is expected to affect about 45,000 mangrove trees, raising concerns over the loss of a natural defence against flooding and climate change.
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China’s AI IPO wave fuels retail frenzy as investors anticipate more listings
A wave of artificial intelligence listings is attracting renewed investor interest, as Chinese AI firms seek fresh capital to fund growth despite many still operating at a loss.
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Roy Chan to succeed Ng Chad-Son as DSTA chief executive
SINGAPORE: Mr Roy Chan will take over from Mr Ng Chad-Son as chief executive of the Defence Science and Technology Agency (DSTA) from Sep 1, the Ministry of Defence (MINDEF) said on Thursday (Jul 30).Mr Ng will be appointed as Permanent Secretary of National Research and Development and Public Sector Science
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Public Service Division announces permanent secretary retirement and appointments
SINGAPORE: The Public Service Division (PSD) on Thursday (Jul 30) announced permanent secretary appointments and a retirement that will take effect on Sep 1.Professor Tan Chorh Chuan, 67, will retire as the Permanent Secretary of National Research and Development and the
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World Cup hero Vozinha in bid to keep name for new club career
July 30 : Chilean club Colo-Colo are seeking permission for new signing Vozinha to use his footballing nickname on his shirt when he debuts for the club as expected later this month despite regulations in the South American country prohibiting it.The 40-year-old proved a goalkeeping sensation for Cape Verde a
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South Korea curbs may not save investors slaughtered by $2 trillion rout
SEOUL, July 30 : South Korea’s efforts to rein in the leveraged products wreaking havoc in its financial markets may not go far enough to quell skyrocketing volatility, analysts say, as pain and public anger mount over a $2 trillion-and-counting stocks wipeout.As the hottest trade in the world has hit reverse
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