Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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SoFi deepens AI-powered trading ambitions with Composer deal
June 23 : Financial services firm SoFi said on Tuesday it has bought Composer, an AI startup that helps retail investors build and execute sophisticated trading strategies that have long been the preserve of Wall Street firms.While commission-free trading has made it easier for individual investors to buy and
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Formula E to introduce ‘unleashed’ format for new era
LONDON, June 23 : All-electric Formula E will adopt a new format for its coming 2026-27 Gen 4 era with its own “ePrix unleashed” version of the shorter-distance sprint races that have proved popular in Formula One and MotoGP.The Liberty Global-owned championship will also add new circuits familiar to F1 fans,
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Fed hike could push yen to 165 per dollar, ex-BOJ policymaker says
BENGALURU, June 23 – The Japanese yen could weaken to 165 per dollar if the Federal Reserve raises interest rates this year, former Bank of Japan policymaker Sayuri Shirai said on Tuesday, as wide U.S.-Japan rate differentials and doubts about Tokyo’s appetite for intervention maintain pressure on the currency.
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Man got free laptops using PayPal glitch but lodged police report out of guilt, gets detention order
After earning some money from the scheme and recruiting four friends into it, he felt guilty and lodged a police report incriminating himself.
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F1 to have extra test day from 2027, engine tweaks approved
June 23 : Formula One teams will be allowed an extra day of pre-season testing from next year while agreed engine tweaks have now been formally approved, the sport’s governing body said on Tuesday.The current allocation of three days of testing has been increased to four due to the complexity of the cars, the
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China, India unlikely to replace US role in Middle East even as Iran war reshapes dynamics: Analysts
The influence of rising powers in the Middle East is unlikely to take the form of the military presence traditionally associated with the United States, say analysts at the Middle East Institute’s annual conference.
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EU to ramp up Meta probe into addictive design, Bloomberg News reports
June 23 : The European Commission is set to escalate a probe into Meta Platforms that alleges its social media offerings are designed to be addictive to children, Bloomberg News reported on Tuesday, citing people familiar with the matter.The Instagram parent has been under fire over concerns about the impact
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Over 5,000 people trapped in Myanmar scam centres near Thai border: Rights group
BANGKOK: More than 5,300 people are still trapped in online scam centres near Myanmar’s Thai border, a human rights group said, over one year after thousands were freed during a
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk’s SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.SpaceX, which is expected to join the Nasdaq 100,…
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ECB secures key parliamentary backing for digital euro
FRANKFURT, June 23 : The European Central Bank secured key parliamentary backing on Tuesday for the launch of a digital euro, an electronic means of payments aimed at making the euro zone less reliant on U.S. credit cards at a time of fraying transatlantic relationships.The digital euro, essentially an electr
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