Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Vimeo parent Bending Spoons files for US IPO
June 8 : Vimeo parent Bending Spoons filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape.The Milan-based company reported a net income of $27.5 million on revenue of $601 million in the three months ended March 31, compared with a net loss of $112.2 million on revenue…
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Iran announces end of military operations against Israel
Iran’s armed forces also warned of harsher attacks if Israel resumed attacks on Lebanon.
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EV maker VinFast reports rise in quarterly revenue
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, bolstered by strong demand for its electric vehicles from key markets in Southeast Asia. The company’s quarterly revenue came in at 23.11 trillion dong ($877.24 million), compared with revenue of 16.31 tri
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Death toll in Philippine quake rises to at least 32
Tsunami warnings were issued after a strong magnitude 7.8 earthquake struck off the southern Philippine island of Mindanao on Monday (Jun 8).
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Eni and Petronas launch gas joint venture in Southeast Asia
MILAN, June 8 : Italy’s Eni and Malaysia’s Petronas have established a 50-50 joint venture combining energy businesses across Indonesia and Malaysia after signing an investment agreement in November, they said on Monday.The move is part of Eni’s so called satellite strategy to spin off specific assets and dev
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Malaysia’s wage growth lags behind GDP as ‘top firms are not scaling’ – what gives?
A World Bank report in May found that Malaysia’s wage growth since 2010 has lagged behind its gross domestic product (GDP) growth in part because top firms in the country are not scaling up.
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South Korea to seek priority supply of Nvidia Vera Rubin GPUs, science minister says
SEOUL, June 8 : South Korea will ask for priority supply of Nvidia’s next-generation Vera Rubin graphics processing units, as deliveries are expected to be delayed, Science and ICT Minister Bae Kyung-hoon said on Monday. Bae said a government notice for South Korea’s GPU project had been issued earlier in the
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Suthar makes dream debut in India’s largest test victory
NEW DELHI, June 8 : Manav Suthar’s dream test debut concluded with India registering their biggest test victory – by an innings and 300 runs against Afghanistan – inside three days of the one-off test in New Chandigarh on Monday.The hosts piled up 564-8 before declaring their first innings and unleashing thei
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