Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Police warn of cryptocurrency scams leveraging World Cup to target victims
The scams may involve fake websites advertising World Cup tickets or official merchandise for purchase, phishing websites claiming to offer ways to stream matches, and fake “official World Cup tokens”, said the police.
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Defense startups raid auto and fracking sectors for parts to speed weapons output
WASHINGTON, July 1 : Defense tech startups are repurposing automotive chips and pipes used in fracking – while copying production methods from drugmakers – in an effort to deliver weapons to the Pentagon faster and at lower cost.Soaring demand for rocket motors used to power missiles and other weapons has spu
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Vimeo owner Bending Spoons heads for US market debut after $1.68 billion IPO
July 1 : Bending Spoons is set for its U.S. market debut later on Wednesday after the Italian technology company priced its initial public offering above the range to raise $1.68 billion.The listing will test investor appetite for software companies after the industry was hammered earlier this year over fears
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Village People singer Victor Willis dies at 74, co-writer of YMCA and other disco hits
The Texas-born musician was a co-founder of the disco group and also co-wrote other hits such as In The Navy and Macho Man that swept the world’s dancefloors in the late 1970s.
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Unchecked AI progress may pose catastrophic risks, UN panel warns
GENEVA, July 1 : Developments in artificial intelligence are outpacing scientific understanding and government policy, meaning there are no guarantees the technology will not cause catastrophic harm, a United Nations independent panel warned on Wednesday.A preliminary report by the UN’s Independent Internatio
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BYD’s sales rise for second month, buoyed by exports
BEIJING, July 1 : Chinese electric vehicle maker BYD logged a second straight month of rising sales globally in June, as strong exports offset sluggish domestic demand.Total vehicle sales were up 5.5 per cent from a year earlier to 403,472 units last month, according to Reuters calculations based on a stock
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Marseille appoint Genesio as head coach after Beye’s exit
July 1 : Olympique de Marseille have appointed Bruno Genesio as head coach, the Ligue 1 club announced on Wednesday, following the departure of Habib Beye after a four-month spell in charge.Genesio, who has previously managed Olympique Lyonnais, Stade Rennais and Lille, was expected to take over at the Stade
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World shares ease, yields rise as yen hits 40-year low
MILAN/SYDNEY, July 1 : World shares started the third quarter cautiously on Wednesday ahead of key U.S. jobs data, as uncertainty over U.S.-Iran negotiations weighed and traders watched for possible Japanese intervention after the yen hit fresh 40-year lows. The MSCI World Price Index slip
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In a warning sign, analysis shows publicly traded credit funds are unprofitable
(Corrects share price graphic by switching line labels)By Nell Mackenzie and Iain WithersLONDON, July 1 : The majority of publicly traded business development companies (BDCs) — the visible part of the private credit market — have turned unprofitable due to falling asset values and rising costs, a
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Germany’s DFB soccer association HQ searched in 2024 Euros ticket probe, Bild says
BERLIN, July 1 : German investigators launched nationwide searches on Wednesday, including at the offices of the DFB soccer association, as part of a probe into suspected ticket and hospitality violations at the 2024 European Championship, the Bild newspaper reported. The raids were prompted by investigations
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