Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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EV maker VinFast reports rise in quarterly revenue
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia. The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 tri
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Death toll in Philippine quake rises to at least 32
Tsunami warnings were issued after a strong magnitude 7.8 earthquake struck off the southern Philippine island of Mindanao on Monday (Jun 8).
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Meta to take legal action against Israeli spyware firm NSO, foils phishing attacks
June 8 : Meta said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users.The company said its WhatsApp messaging service disrupted new spear phishing attempts linked to NSO, an
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Eni and Petronas launch gas joint venture in Southeast Asia
MILAN, June 8 : Italy’s Eni and Malaysia’s Petronas have established a 50-50 joint venture combining energy businesses across Indonesia and Malaysia after signing an investment agreement in November, they said on Monday.The move is part of Eni’s so called satellite strategy to spin off specific assets and dev
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Malaysia’s wage growth lags behind GDP as ‘top firms are not scaling’ – what gives?
A World Bank report in May found that Malaysia’s wage growth since 2010 has lagged behind its gross domestic product (GDP) growth in part because top firms in the country are not scaling up.
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South Korea to seek priority supply of Nvidia Vera Rubin GPUs, science minister says
SEOUL, June 8 : South Korea will ask for priority supply of Nvidia’s next-generation Vera Rubin graphics processing units, as deliveries are expected to be delayed, Science and ICT Minister Bae Kyung-hoon said on Monday. Bae said a government notice for South Korea’s GPU project had been issued earlier in the
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Suthar makes dream debut in India’s largest test victory
NEW DELHI, June 8 : Manav Suthar’s dream test debut concluded with India registering their biggest test victory – by an innings and 300 runs against Afghanistan – inside three days of the one-off test in New Chandigarh on Monday.The hosts piled up 564-8 before declaring their first innings and unleashing thei
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Seattle World Cup barge gives soccer’s global language a waterfront home
EVERETT, Washington, June 8 : Every World Cup is memorable, but Seattle’s two pro soccer clubs – the Sounders and the Reign – hope they have created an unforgettable waterfront venue for fans to watch games and for kids to play: a pierside barge with a mini soccer pitch, a huge video screen and amenities.The
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Singapore pushes to become regional gold hub as demand for bullion rises
Industry players say interest in storing gold in Singapore is rising among investors from markets such as India, Indonesia and Vietnam, drawn by the country’s reputation for stability, security and strong governance.
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Five ways Elon Musk’s SpaceX upended Wall Street’s IPO playbook
June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.1. ‘TAKE-IT-OR-LEAVE-IT’ STOCK PRI
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