Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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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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European holidaymakers stay closer to home as Middle East conflict reshapes summer travel
Geopolitical uncertainty is prompting more Europeans to book trips later, favour nearby destinations and rethink long-haul holidays, leaving travel firms facing an unpredictable peak season.
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US, Iran officials to hold indirect talks in Doha
DUBAI: Officials from the United States and Iran will on Wednesday (Jul 1) hold indirect technical talks on their deal aimed at ending the Middle East war, a diplomat with knowledge of the talks told AF
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China imposes ‘national security’ rules on overseas investments
The new rules, originally announced on Jun 1, provide authorities with a sweeping legal framework to influence flows of capital and personnel across China’s borders.
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Contractor, supervisor get conditional warning over Lower Peirce Reservoir tree clearance: NParks
The contractor and project supervisor have been issued with a 24-month conditional warning.
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