Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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A pension shift in Japan may hurt some foreign money managers
HONG KONG, July 13 : Global asset managers such as State Street and Legal & General face a potential hit of tens of millions of dollars in money management fees after Japan signaled a goal to channel more state retirement funds into domestic assets.Investors bet that billions of dollars could be shifted into
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Woman, 70, jailed for acting as money mule for man she believed to be her romantic partner
At least S$2,000 came from the victim of a love scam.
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‘I felt the heat and the burn’: How the deadly Bangkok bar fire unfolded
The devastating blaze at the Rong Beer Na Lat Phrao bar in Bangkok’s Chatuchak district is the deadliest fire in Thailand since 2009.
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Top UN official accuses Hamas of Gaza aid obstruction
JERUSALEM: A senior UN official on Monday (Jul 13) accused Hamas of interfering with humanitarian deliveries in Gaza and intimidating aid workers, warning that the group’s actions were making relief operations increasingly dangerous.Palestinian militant movement Hamas continues to control parts of Gaza, even
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New approach to underground utilities aims to cut road work in future projects
First adopted in Tengah New Town, the Urban Redevelopment Authority is using shared utility ducts, advanced mapping technology and coordinated planning to reduce road disruptions.
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AI-generated women are spreading disinformation about Singapore on TikTok
A CNA investigation has found about 500 TikTok videos pushing false or misleading claims about Singapore or Malaysia, drawing a total of more than 3 million views.
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Meta expands Louisiana data center to 5 gigawatts compute capacity
July 13 : Meta said on Monday its data center in Richland Parish, Louisiana will expand to 5 gigawatts of compute capacity, in a bid to support the social media company’s AI ambitions. Since breaking ground in December 2024, local Louisiana businesses have received more than $1.6 billion in contracts from Met
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Strategy bitcoin sales shine light on faltering crypto hoarding companies
NEW YORK, July 13 : A move by Michael Saylor’s bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a clutch of public crypto hoarding companies, which have been buffeted by falling token prices. Strategy’s shares briefly bounced on Friday after analysts ble
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White House to rally utilities, data centers over AI power costs
WASHINGTON, July 13 : The White House plans to bring together utility companies and data center developers for a voluntary pledge designed to ensure rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar with the
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SK hynix plunges after NASDAQ debut amid profit-taking, diminishing earnings optimism
The South Korean chip giant plunged more than 15 per cent on Monday (Jul 13).
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