Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Analysis:In a warning sign, analysis shows publicly traded credit funds are unprofitable
LONDON, 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 Reuters analysis shows, in the latest sign of pressure building in this highly leveraged corner of fin
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Mexico beat Ecuador 2-0 to reach World Cup last 16 and end knockout hoodoo
MEXICO CITY, June 30 : Mexico ended a 40-year wait for a World Cup knockout victory as first-half goals from Julian Quinones and Raul Jimenez secured a 2-0 win over Ecuador on Tuesday, sending the co-hosts into the last 16 amid euphoric scenes at a rocking Azteca Stadium.The victory was Mexico’s first in the
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Indonesia’s June annual inflation accelerates to 3.34%
JAKARTA, July 1 : Indonesia’s annual inflation rate accelerated to 3.34 per cent in June from 3.08 per cent the previous month, data showed on Wednesday, higher than the median forecast in a Reuters poll and moving closer to the top end of the central bank’s target range.The poll had expected an inflation rat
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Golden Village to close Plaza Singapura outlet in August after 28 years
The theatre chain announced on Wednesday (Jul 1) that it will be shutting down its Plaza Singapura outlet, citing the mall’s “major revamp”.
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SCDF to cease non-emergency hotline 1777 in 2027
According to data, only 6% of bookings today are made through the 1777 hotline.
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Culinary Class Wars star Choi Hyun-seok is in Singapore for The Black Pearl collaboration
The celebrity chef has a two-day collaboration with Cantonese restaurant The Black Pearl. He also visited Milli: Sky Dining & Bar.
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HDB resale prices fall for second consecutive quarter; private home prices edge up 0.5%
Analysts cited a “weaker hiring outlook” as a factor behind the “sluggish” HDB resale market.
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Buzzing Bosnians bring World Cup boom to Santa Clara restaurant
SANTA CLARA, California, June 30 : With folk songs blaring and cevapi sausages sizzling on the terrace, Euro Grill restaurant has become Bosnia fans’ home-away-from-home in Northern California ahead of the World Cup round of 32 knockout game against the United States.The only Bosnian-run eatery in the South B
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Senegal ready to face Belgium in ‘new competition’ after difficult group stage
SEATTLE, June 30 : Senegal coach Pape Bouna Thiaw said his side can put their World Cup group-stage troubles behind them when they take on Belgium in the round of 32 on Wednesday, telling reporters that the knockout phase represents an entirely new competition.Senegal lost their first two games, conceding
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 billion
SEOUL, July 1 : Private equity firm KKR and South Korea’s SK Inc said on Wednesday they will launch the country’s largest renewable energy platform, valued at 2 trillion won ($1.3 billion), to help meet rising clean-power demand from AI data centres and chip plants. The platform will combine renewable energy
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