Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
SEOUL, July 16 : Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10 per cent, a move it said would help it deploy advanced robotics across its operations.Terms of the deal were not disclo
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Woman in fraudulent scheme for foreigners to get PR status in Singapore gets jail
One Chinese national, hoping to obtain Singapore PR status, testified about how he paid S$360,000 (US$278,970) as an “investment” in what turned out to be a sham job arrangement.
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Wales make six changes for Nations Championship test against South Africa
July 16 : Wales coach Steve Tandy has made six changes for the Nations Championship test against South Africa in Durban on Saturday, including a return to the starting 15 for wing Louis Rees-Zammit and the selection of Dan Edwards at flyhalf.• Rees-Zammit replaces Ellis Mee from the side that lost 35-21 to
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Football with a side of dim sum: Hong Kong teahouse scores big with World Cup fans
Lin Heung Lau, one of Hong Kong’s oldest dim sum restaurants, has boosted its business by 20 per cent despite mounting challenges facing the city’s Chinese eateries.
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Japan PM Sanae Takaichi’s approval rating below 50% for first time
Top reasons cited for disapproval included “cannot hope for much” and “poor policies”.
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Russian missiles strike Kyiv districts, killing two, officials say
Russian ballistic missiles struck at least two districts in the Ukrainian capital Kyiv early on Thursday (Jul 16), triggering fires and killing two people, officials said.Mayor Vitali Klitschko, writing on Telegram, said two people had died and six others, including a 16-year-old teenager, had been injured in
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South Korea toughens regulations on single-stock leveraged ETFs
SEOUL, July 16 : South Korea’s financial regulator on Thursday unveiled a series of regulatory measures aimed at easing market volatility triggered by exchange-traded funds (ETFs) that are tied to certain major technology firms. So-called single-stock, leveraged ETFs linked to chipmakers Samsung Electronics a
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Oil eases as traders lock in gains, assess Iran escalation
TOKYO/BEIJING, July 16 : Oil prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of U.S. strikes on Iranian military installations that stoked fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The U.S. struck Iran’s coastal defenc
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Dollar stabilises above one-month low as traders focus on inflation risks
HONG KONG, July 16 : The U.S. dollar stabilised on Thursday after touching a one-month low, as soft inflation data reinforced bets that the Federal Reserve will hold off on hiking rates, while fresh Middle East tensions posed a risk to the outlook.The euro held firm near a one-month high, last trading at $1.1
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Japan household inflation expectations rise, build case for BOJ rate hikes
TOKYO, July 16 : Japanese households’ inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central bank survey showed on Thursday, bolstering the case for further interest rate hikes.The survey, which followed a separate poll showing co
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