Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Eni and Petronas launch gas joint venture in Southeast Asia
MILAN, June 8 : Italy’s Eni and Malaysia’s Petronas have established a 50-50 joint venture combining energy businesses across Indonesia and Malaysia after signing an investment agreement in November, they said on Monday.The move is part of Eni’s so called satellite strategy to spin off specific assets and dev
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Malaysia’s wage growth lags behind GDP as ‘top firms are not scaling’ – what gives?
A World Bank report in May found that Malaysia’s wage growth since 2010 has lagged behind its gross domestic product (GDP) growth in part because top firms in the country are not scaling up.
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South Korea to seek priority supply of Nvidia Vera Rubin GPUs, science minister says
SEOUL, June 8 : South Korea will ask for priority supply of Nvidia’s next-generation Vera Rubin graphics processing units, as deliveries are expected to be delayed, Science and ICT Minister Bae Kyung-hoon said on Monday. Bae said a government notice for South Korea’s GPU project had been issued earlier in the
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Suthar makes dream debut in India’s largest test victory
NEW DELHI, June 8 : Manav Suthar’s dream test debut concluded with India registering their biggest test victory – by an innings and 300 runs against Afghanistan – inside three days of the one-off test in New Chandigarh on Monday.The hosts piled up 564-8 before declaring their first innings and unleashing thei
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Singapore pushes to become regional gold hub as demand for bullion rises
Industry players say interest in storing gold in Singapore is rising among investors from markets such as India, Indonesia and Vietnam, drawn by the country’s reputation for stability, security and strong governance.
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Five ways Elon Musk’s SpaceX upended Wall Street’s IPO playbook
June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.1. ‘TAKE-IT-OR-LEAVE-IT’ STOCK PRI
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South Korea to overhaul election process after ballot shortage shocks country
President Lee Jae-myung has met the speaker of parliament and the heads of the Supreme Court and the Constitutional Court, as well as Prime Minister Kim Min-seok, to discuss “a grave infringement of voter rights”.
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Netravalkar juggles tech job while chasing Olympic dream
June 8 : Saurabh Netravalkar played a key part in U.S. cricket’s finest moment when they stunned Pakistan at the 2024 T20 World Cup, but the software engineer is keen to prove himself on an even bigger stage when Los Angeles hosts the Olympics in two years’ time.Netravalkar thought he was done with cricket af
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