Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Falling energy prices won’t defuse rising risk of civil unrest in emerging markets
(Refiles story to fix format, no change to text)By Colleen GokoJOHANNESBURG, June 26 : A drop in oil prices after a fragile U.S.-Iran truce has helped ease immediate inflationary pressure in many emerging markets, but cheaper oil alone will not defuse the threat of civil unrest as the damage to househ
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Prediction market platform Polymarket tops $1 billion in annualized revenue, source says
June 26 : Polymarket’s annualized revenue has surpassed $1 billion, a source familiar with the matter told Reuters on Friday, highlighting the rapid rise of prediction markets as retail investors flock to trade on everything from elections and sports to financial events. Here are some details: • Pr
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Death toll from Venezuela earthquakes more than doubles to 589 with thousands missing
The US Geological Survey predicted more than 10,000 deaths from the earthquakes.
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Anxious over unpaid wages, some migrant workers go on job hunts, others mull returning home
Labour chief Ng Chee Meng says more than 80 companies have stepped forward with close to 400 job vacancies.
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Antonelli leads Mercedes one-two in first Austrian GP practice
SPIELBERG, Austria, June 26 : Formula One championship leader Kimi Antonelli was fastest in first practice for the Austrian Grand Prix on Friday, with Mercedes teammate George Russell a close second (+0.040) as rivals suffered reliability issues.McLaren’s Oscar Piastri set the third-quickest time, 0.117 slowe
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Germany loss is timely warning ahead of World Cup knockout stage
BOSTON, Massachusetts, June 26 : Germany may not be too worried by their 2-1 loss to Ecuador on Thursday as they had secured top spot in Group E beforehand, but it was a timely wake-up call ahead of the World Cup knockout stage for the four-time world champions.Germany made it out of their group for…
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Small aircraft crashes into Beijing’s tallest building, eyewitnesses say
BEIJING: An aircraft about the size of a car crashed into Beijing’s tallest building, CITIC Tower, on Friday (Jun 26), two bystanders told Reuters, as police closed off roads around the skyscraper and stopped passersby from filming the scene.The building, known as CITIC Tower or China Zun, is a 108-storey sky
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Swatch seeks $170 million in damages from Samsung over trademark infringement
June 26 : Swiss watchmaker Swatch is seeking $170 million in damages from Samsung in what it says is the largest-ever trademark case of its kind in the UK, accusing the South Korean electronics group of allowing digital replicas of Swatch timepieces on its smartwatches, court documents show.A ruling on damage
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New mobile speed camera among measures to improve road safety along BKE
The speed camera will be in operation from Jul 1.
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Spain markets watchdog rules out extension for EU crypto licence deadline
MADRID, June 26 : Spain’s market watchdog will grant no extensions or waivers to crypto firms that fail to secure licences under the EU’s landmark MiCA regime, its chair Carlos San Basilio said on Friday, when asked about major platforms, including Binance, which do not have licences.• Crypto companies have
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