Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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TikTok charged with breaching EU tech rules on online safety for kids
The European Commission said TikTok allows children to make their accounts public, enabling others to see the content and potentially exposing them to cyberbullying or contact from abusers.
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US stocks face tests from Fed decision, tech-led earnings deluge
NEW YORK, July 24 : A wobbly U.S. stock market will take its cues in the coming week from a Federal Reserve meeting set to shed light on the path for interest rates, and from a packed slate of corporate earnings led by technology companies and heavyweights in artificial intelligence.Major equity indexes were
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Chinese robot maker AgiBot starts Hong Kong IPO process, Securities Times reports
BEIJING, July 24 : Chinese humanoid robot maker AgiBot has initiated the Hong Kong IPO process, state media outlet Securities Times reported on Friday.Reuters had first reported AgiBot’s listing plans, valuation target and appointed banks in October.
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UN urges evacuation of 6,000 sailors stranded in Hormuz strait
The International Maritime Organization has said there are at least 6,000 seafarers on hundreds of vessels who are stranded in the Strait of Hormuz, unable to evacuate during the ceasefire.
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India’s pharma sector braces for impact of proposed Trump tariffs on generic drugs
Analysts warn the levies could disrupt global drug supply chains, push up medicine prices for Americans and force Indian drugmakers to rethink their manufacturing strategies.
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Intel rises as strong forecasts signal AI boost for turnaround
July 24 : Intel’s shares rose 6 per cent in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling the chipmaker’s long-awaited turnaround. The company forecast third-quarter revenue above Wall Street expectations and raised this year’s capital expenditure estimate to $20
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Newcastle sign Monaco’s Bamba on five-year deal
July 24 : Newcastle United have signed midfielder Aladji Bamba on a five-year deal from French side AS Monaco, the Premier League club said on Friday.• The club will pay an initial fee of £30 million ($39.95 million), plus add-ons, for the 20-year-old, according to British media reports.• A produc
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Preparing for disruption: Offline messaging apps join India’s protest toolkit
As concerns over connectivity disruptions grow, protesters in India are turning to offline messaging apps as part of an emergency toolkit. How do they work, and what are their limitations?
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Hong Kong adjusts rules for leveraged and inverse ETFs as trading boom fuels volatility
HONG KONG, July 24 : Hong Kong’s securities regulator moved on Friday to smooth volatility in the booming market for leveraged and inverse exchange-traded products by giving issuers more flexibility to adjust the leverage factor during turbulent trading while requiring clearer daily disclosure for investors.
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Man admits to sexually abusing 11 girls, including his daughter, grandchildren, nieces and students
The man, now 71, committed his crimes over more than 35 years. He preyed on his two granddaughters after he was released from prison for similar crimes.
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