Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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FIFA’s private equity push opens new front in decades-old power-struggle with Europe
MELBOURNE, July 29 : FIFA’s push to open the World Cup to private equity marks a dramatic attempt to reshape the commercial landscape of global soccer, while opening a new front in a long-running battle with Europe for power and control over the massive wealth generated by the sport.The global governing bo
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Astronomers observe companion star orbiting stellar giant Betelgeuse
WASHINGTON, July 29 : Betelgeuse is a superstar among the stars — one of the brightest in the night sky, a massive red supergiant in the constellation Orion that sometimes brightens and dims, and adds to its allure with the fact that it may be on the brink of exploding. It has been observed for…
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West Bank violence, annexation ‘only getting worse’: UN
GENEVA: Two years after the International Court of Justice said Israel’s occupation of the West Bank was unlawful, settler violence and territorial annexation is “only getting worse”, the UN said on Wednesday (Jul 29).The United Nations’ human rights office said that with
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Gold ticks up ahead of Fed rate decision
July 29 : Gold edged higher on Wednesday, supported by a weaker dollar, as investors awaited the U.S. Federal Reserve’s policy decision and comments from Fed Chairman Kevin Warsh for clues on the inflation and interest rate outlook.Spot gold inched 0.3 per cent higher to $4,040.63 per ounce by 0656 GMT. U.S.
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IPL’s business value soars above $20 billion, says report
NEW DELHI, July 29 : The business value of the Indian Premier League, the world’s richest Twenty20 series, has soared more than 11 per cent to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey.Since its launch in 2008, the 10-team competition has consistently attracted cricket’s
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Analysis:Japan PM’s political doom loop worsens her fight with markets
TOKYO, July 29 : Japanese Prime Minister Sanae Takaichi is fighting a losing battle in the polls, making a retreat from promised tax cuts more difficult and denying her officials the political backup they need to talk down yen and bond market bears.Takaichi’s approval rating slumped in July to the lowest sinc
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Dan’s Steaks by former radio DJ Daniel Ong to shut down: ‘Running a small business is incredibly tough’
Daniel Ong, who used to operate the now-defunct Twelve Cupcakes, announced on Tuesday (Jul 28) that he will be shutting down his last remaining Dan’s Steaks outlet, citing rising costs.
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Sony poised for ‘GTA VI’ boost as memory prices bite
TOKYO, July 29 : Sony is set to be a major beneficiary of the launch of “Grand Theft Auto VI” but the highly anticipated game is landing as the PlayStation maker grapples with rising prices of memory chips. The Japanese entertainment conglomerate, widely seen as the winner of the high-end console wars as Micr
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Man who drove Porsche with 2 young sons on boot fined S$5,000, banned from driving
He believed it would be an “enjoyable experience” for his sons, then aged seven and eight.
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Additional S$300 CDC vouchers, U-Save rebates for Singaporean households amid Middle East crisis
The government will also raise the monthly payouts for lower-income families receiving urgent and temporary financial relief under ComCare.
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