Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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US eyes airlines, digital assets as Iran-related targets, Bessent says
WASHINGTON, Sept 2 : U.S. Treasury Secretary Scott Bessent on Wednesday said airlines, the maritime industry and digital assets could be possible targets as the Trump administration continues its planned efforts to squeeze Iran’s economy.Bessent, asked about Russian support for Iran in an interview on Fox New
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Why Ferrari thinks the Amalfi Spider can work in Southeast Asia
Traffic, tropical weather and high ownership costs make this a demanding region for convertibles. Ferrari’s latest Spider has been engineered with those everyday realities in mind.
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CNA Explains: Why is SIA staying invested in loss-making Air India, and can its long-term bet pay off?
Air India is seeking fresh capital as it undergoes a costly transformation. What does Singapore Airlines stand to gain from India’s aviation market, and what will it take for Air India to deliver sustainable returns?
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Everton fan group questions club’s decisions during transfer window
Sept 2 : Everton’s Fans’ Forum on Wednesday criticised the club’s planning and recruitment following the close of the transfer window, saying supporters deserved answers after another window marked by late activity and a failed pursuit of key targets.The forum, which meets regularly with Everton’s board to di
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Clooney tells Venice festival that AI threatens film and journalism
VENICE, Sept 2 : U.S. actor George Clooney warned on Wednesday that advances in artificial intelligence were making it increasingly difficult to distinguish truth from fiction, posing a challenge for journalists, governments and the public.Speaking at the Venice Film Festival, where he is receiving a Golden L
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Nvidia CEO urges G20 to avoid AI rules on ‘theoretical’ harms
CHAPEL HILL, North Carolina, Sept 2 : Nvidia CEO Jensen Huang pressed G20 countries on Wednesday to avoid writing regulations for AI that focus on “theoretical harms,” and instead develop rules governing real-world problems connected to the technology. Huang made the comment at a tech-focused G20 meeting in
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Oil prices fall after hitting over one-month high; traders weigh supply risks
Sept 2 : Oil prices fell on Wednesday after climbing to more than one-month highs earlier in the session, with traders weighing the risk of supply disruptions following overnight strikes by the U.S. and Iran against signs that crude supplies continue to reach the market.Brent crude futures fell 57 cents, or 0
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Dollar rises to 2-week high, Middle East conflict and rate paths in focus
Sept 2 : The dollar hit a two-week high on Wednesday as investors turned to the U.S. currency amid growing concerns about the economic impact of the energy shock and weighed diverging monetary policy paths across major economies.Iran and its Arab neighbours were plunged back into war on Wednesday by the bigge
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Stocks slide, bond rout deepens as US and Iran trade attacks
Sept 2 : World stocks fell on Wednesday as fresh U.S. airstrikes on Iran pushed oil prices to five-week highs, stoking inflation concerns and extending a global bond selloff.The U.S. struck Iranian military targets near the Strait of Hormuz, while Tehran said it had targeted U.S. assets across the region, mar
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Thailand bets on rooftop solar to guard against LNG price shocks
BANGKOK, Sept 2 : Thailand will help 1 million households install 5 gigawatts of rooftop solar panels within a year to shield citizens from soaring energy prices driven by the Iran war, Energy Minister Akanat Promphan said on Wednesday.The move, financed by a 200 billion baht ($6.01 billion) energy transitio
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