Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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BlackRock to launch Nasdaq-100 ETF, challenging Invesco’s dominance as AI rally boosts demand
July 7 : BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-driven stock market rally.The iShares Nasdaq 100 ETF, offered by the world’s largest asset manager, will track the flagsh
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Oil gains after vessel attacks near Strait of Hormuz
July 7 : Oil prices rose on Tuesday as reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 89 cents, or 1.24 per cent, to $72.88 a barrel, while U.S. West Texas Intermediate crude rose 71 cents, o
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Bank of England sees growing risks to financial stability from AI
LONDON, July 7 : The Bank of England said on Tuesday that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove a success while the technology increases banks’ vulnerability to cyberattacks.In a half-yearly assessment of risks to Britain’s financial syst
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Japan’s ban on jet fuel exports to Russia includes indirect shipments
TOKYO, July 7 : Japan’s ban on jet fuel exports to Russia includes shipments via third countries or transferred at sea, Japanese Trade Minister Ryosei Akazawa said on Tuesday.Reuters reported on Friday that Russia is poised to import a jet fuel cargo originating from Japan via traders, as Ukrainian attacks on
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‘Pokemon airport’ opens to help Japanese quake-hit region
TOKYO: An airport in a remote Japanese region hit by a deadly earthquake in 2024 was given a new look on Tuesday (Jul 7), temporarily nicknamed after the Pokemon universe, and its lobby adorned with a floating Pikachu on a plane-shaped balloon.The Noto Peninsula has faced a decline in tourists since the power
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Former Afghanistan pace bowler Shapoor Zadran dies aged 38
July 7 : Former Afghanistan fast bowler Shapoor Zadran died on Tuesday, a day short of his 39th birthday, after reportedly undergoing treatment for a rare severe immune system disorder at a New Delhi hospital.”With profound grief and deep sorrow, the Afghanistan Cricket Board mourns the passing of former Afgh
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Indonesia, India announce long-range missile deal
President Prabowo Subianto and Prime Minister Narendra Modi agreed to expand defence cooperation, boost trade and strengthen collaboration on critical minerals during talks in Jakarta.
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Big Tech data centers are driving up power bills at America’s Rust Belt factories
NEW YORK, July 7 : For years, electricity costs for the Belden Brick Company in Sugarcreek, Ohio, had been relatively stable. Last year, they surged by 90 per cent — largely because of rising power demand from data centers in the region.The 141-year-old brick manufacturer, whose products can be found in ico
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Singapore to invest S$800 million in transport research under RIE2030
Part of the funding will go towards research into autonomous transport systems.
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