Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Alan Greenspan, longtime US Federal Reserve chairman, dies aged 100
Greenspan, who was the Federal Reserve chairman from 1987 to 2006, oversaw the second-longest economic expansion in US history.
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Amazon Prime Day to gauge US consumer strain as focus shifts to basics
NEW YORK, June 22 : Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers’ spending power, with the earlier-than-usual sales event increasingly centered on perishable groceries, household basics and back-to-school needs rather than carefree splurges.The four-day blitz running June 23 to
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SpaceX launches notes offering, discloses $100.8 billion cash balance
June 22 : SpaceX said on Monday it launched an offering of senior unsecured notes and disclosed that it held about $100.8 billion in cash and cash equivalents as of June 19.Elon Musk’s rockets-to-AI company debuted on the Nasdaq on June 12 after the record-setting $75 billion IPO, making it one of the world’s
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Indonesia announces US$1.48 billion stimulus, mostly for food handouts
JAKARTA: The Indonesian government will launch a stimulus package for the second half of 2026 worth 26.34 trillion rupiah (US$1.48 billion), with the aim of boosting economic growth, the country’s Coordinating Economic Ministry said on Monday (Jun 22) during a presentation.
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Germany defender Schlotterbeck out of World Cup with ankle injury
BOSTON, Massachusetts, June 22 : Germany central defender Nico Schlotterbeck will miss the rest of the World Cup and will be sidelined for several months after picking up an ankle ligament injury in their 2-1 Group E victory over Ivory Coast on Saturday, the team said on Monday.Schlotterbeck, a starting centr
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Chevron signs power supply deal with Microsoft for Texas data center
June 22 : Chevron said on Monday it has signed a 20-year deal with Microsoft to provide natural-gas fired power for a proposed data center in West Texas.Technology companies, including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers that would power AI services
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Malaysia’s anti-graft agency launches probe into elephants’ transfer to Japan zoo
In March, three elephants – Dara, Amoi and Kelat – were relocated from Taiping Zoo in Perak to Tennoji Zoo in Osaka under a 25-year conservation and research agreement between the two institutions.
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This upstart launched 35 ETFs in a day – and doesn’t plan to slow down
PROVIDENCE, RHODE ISLAND, June 22 : It took more than a decade for BlackRock, the world’s largest issuer of exchange-traded funds, to launch its first 300 products.Corgi Investments, the venture-capital-based asset manager, plans to repeat that feat in less than a year, the company tells Reuters.Corgi
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A decade of chaos: Britain prepares for seventh prime minister
Britain’s leadership struggles date back to the Brexit referendum in June 2016, with six prime ministers coming and going since.
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Oaktree-backed digital infra firm ITG aims to raise $429 million in US IPO
June 22 : Digital infrastructure firm ITG said on Monday it was aiming to raise as much as $429.3 million in its U.S. initial public offering.The Hendersonville, Tennessee-based company is offering 19.5 million shares priced between $19 and $22 apiece.ITG was bought by investment firm Oaktree Capital M
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