Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Hearts appoint Vrancken head coach on two-year deal after McInnes exit
June 25 : Heart of Midlothian have appointed Wouter Vrancken as new head coach on a two-year deal, replacing Derek McInnes who left earlier this month to join Rangers, the Scottish Premiership club said on Thursday.• Vrancken, 47, a two-time Belgian manager of the year, arrives after a one-year spell at Sin
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Micron joins rivals pitching AI deals as cure for memory’s boom-bust cycle
SAN FRANCISCO, June 25 : Memory chipmakers have for decades been trapped in boom-bust cycles, with capacity buildouts hitting the market just as demand craters. Micron, Samsung and SK Hynix are now trying to convince investors this time is different, arguing long-term deals will keep cash flowing even if the datacen
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FIFA gives green light for rainbow flags at Egypt v Iran World Cup clash
June 25 : Fans will be allowed to bring rainbow flags when Egypt face Iran in Seattle’s designated “Pride Match” at the World Cup, FIFA said on Thursday, setting up an awkward collision between local celebrations and two nations where homosexuality is criminalised.Friday’s group game falls on Seattle’s Pride
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US FCC toughens submarine communication cable rules
WASHINGTON, June 25 : The Federal Communications Commission on Thursday voted to toughen oversight of submarine communications cables that handle 99 per cent of international internet traffic, proposing rules that will make it harder for Chinese companies to provide equipment and fast-track approvals for trust
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MBK Partners to sell elderly care provider Japan Well-being to Advent
TOKYO, June 25 : Asia-focused buyout firm MBK Partners said on Thursday it had agreed to sell elderly care service provider Japan Well-being to U.S. private equity firm Advent International for an undisclosed amount.• A person with knowledge said the deal value would total about 200 billion yen ($1.24 bil
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BlackBerry lifts annual revenue forecast as QNX unit powers growth, shares rise
June 25 : BlackBerry raised its annual revenue forecast on Thursday, betting on continued momentum for its QNX division following the completion of its turnaround efforts, sending its Toronto-listed shares up around 19 per cent.Once a powerhouse in the smartphone industry, BlackBerry has shifted its focus tow
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Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demand
June 25 : Micron Technology edged past the market valuation of Meta Platforms and briefly Tesla’s for the first time on Thursday, after the memory chipmaker’s solid forecast helped extend its AI-driven ascent.The company’s shares were last up 18.4 per cent at $1,236, giving it a market capitalization of $1.39
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UEFA names trailblazing official Frappart as refereeing officer
June 25 : UEFA has appointed French official Stephanie Frappart as a refereeing officer on its referees committee, European soccer’s governing body announced on Thursday.Frappart, an international referee since 2010, will handle referee development, performance monitoring, technical guidance and match officia
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US Fed’s preferred inflation gauge hits fresh three-year high
WASHINGTON: The US Federal Reserve’s preferred inflation measure hit a fresh three-year high in May, as elevated energy prices from President Donald Trump’s Iran war pose a key test to his Republican Party ahead of midterm elections.The personal consumption expenditures (PCE) prices index jumped 4.1 per cent
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Alonso is too quick to retire, says Aston Martin’s Krack
SPIELBERG, Austria, June 25 : Aston Martin want double Formula One world champion Fernando Alonso, now 44 years old, to continue with them after his contract runs out at the end of the season, chief trackside officer Mike Krack said on Thursday.”Fernando decided that around the summer break he will take a dec
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