Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Samsung operating profit up 1,800% in second quarter on AI boom
SEOUL: South Korean technology giant Samsung Electronics posted on Thursday (Jul 30) a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.The world’s largest memory chipmaker posted April-June operating profit of 89.49 trillion wo
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Little Farms opens new all-day dining restaurant and picnic kiosk at Singapore Botanic Gardens
Little Farms has transformed the former Halia site into its largest concept yet, featuring a 112-seat restaurant, a grab-and-go picnic kiosk and an event space for weddings and celebrations.
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Oil prices slip as tankers continue to ply Middle East conflict zones
BEIJING, July 30 : Oil prices gave up some of their gains on Thursday as oil tankers continued to make their way out of the Middle East even as tensions there escalated, with the U.S.-Iran war spreading beyond its main fronts.Brent futures fell $1.29, or 1.42 per cent, to $89.45 a barrel as of 0110…
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US actor Jared Leto denies latest accusations of sexual assault
“I have never sexually assaulted anyone in my entire life,” the 54-year-old actor said in a statement. “These claims are absolutely and categorically false.”
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Japan’s price expert predicts BOJ shift to more aggressive inflation fighting posture
TOKYO, July 30 : The Bank of Japan may shift to an inflation fighting posture from inflation tolerance as soon as December, which would mean an acceleration in rate hikes, said Tsutomu Watanabe, a former central bank official known as an expert on price trends.Japan is experiencing a third wave of inflation c
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Para swimmer Toh Wei Soong clinches silver in men’s 50m freestyle S7 at Commonwealth Games
He finished second in the final of the event at the Tollcross International Swimming Centre with a time of 29.36s.
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Chinese carmakers piling pressure on UK rivals, auto industry chief says
LONDON, July 30 : A wave of Chinese entrants into Britain’s car market is piling pressure on traditional manufacturers, forcing them to offer deeper discounts to compete with lower-cost imports, the head of the country’s main automotive industry body said on Thursday.Chinese brands have rapidly expanded their
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Wall Street closes down sharply after Fed holds rates unchanged
Wall Street ended sharply lower on Wednesday (Jul 29) after the Federal Reserve held interest rates steady, with AI-related chip stocks adding to recent declines ahead of quarterly reports
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BTS pulls out of Grammys after Asian pop category introduction
“We have decided not to enter the Grammys this year,” BTS members said in coordinated posts on their individual Instagram accounts. “We hope that music is heard and loved for what it is, rather than being defined by region or language.”
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