Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Dollar firms on hawkish Fed bets; yen near 40-year low
HONG KONG, June 23 : The U.S. dollar held firm on Tuesday as traders positioned for a more hawkish Federal Reserve despite oil prices inching lower on ebbing Gulf tensions, while the yen flirted with a four-decade low.U.S. Treasury yields remained elevated after a jump in the previous session, with those on i
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Orion CMC in advanced discussions for three Asian partnerships
MELBOURNE, June 23 : Orion Critical Mineral Consortium, a minerals investment group backed by the U.S. government, is in advanced discussions to establish three new public-private partnerships in Asia as it seeks to fund a $20 billion global pipeline of opportunities, executives told Reuters. The consortium
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Algeria’s win lifts Kansas town that adopted their World Cup dream
LAWRENCE, Kansas, June 22 : Algeria’s win over Jordan on Monday was a boost to the North African side’s World Cup hopes and a shared triumph for the small U.S. college city that has embraced the team as its own.In Lawrence, a city of about 96,000 people and home to the University of Kansas, fans…
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EU bets on digital euro to cut US tech addiction
BRUSSELS: The European Union (EU) believes a digital euro is the answer to cutting its addiction to United States payment systems like Visa and Mastercard, as well as Apple Pay and Google Pay, as the bloc seeks to favour European firms over others.Brussels hopes it could provide an alternative local option fo
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From blind boxes to theme parks: How Pop Mart is building a world beyond Labubu
The Chinese toy company is seeking to build long-term global franchises around its characters and reduce reliance on its breakout star.
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Indian startup head Kunal Shah appointed as new WhatsApp boss
MUMBAI: Meta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app’s massive user base.The announcement, made Monday night (Jun 22), was accompanied by news that Meta would also lead a
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Exclusive-Nissan shelves development of electric Qashqai in cost-cutting drive
TOKYO, June 23 : Nissan has stopped work on an electric version of its top-selling model in Europe, six sources with knowledge of the matter said, as the Japanese automaker trims its lineup and cuts costs.The move to quietly halt development of a fully electric Qashqai comes as traditional rivals and new Chin
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Johor state polls: PM Anwar’s PH coalition unveils candidates, including former education minister Maszlee Malik
Although Prime Minister Anwar Ibrahim has yet to name the coalition’s chief minister candidate, Maszlee – who is among the candidates with the biggest profile owing to his previous stint as a Cabinet minister – has emerged as one of the frontrunners for the post, according to local media reports.
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Norway celebrate their return to World Cup stage in style
EAST RUTHERFORD, N.J., June 22 : It took Norway 28 years to return to football’s greatest stage, but they are doing things in style with a commanding performance in their 3-2 World Cup victory over Senegal on Monday The team – who won all eight of their European qualifiers – continue to impress, with a…
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EV demand powers Europe car market in May, Chinese rivals expand share
June 23 : Demand for electrified cars continued to underpin growth in Europe’s auto market in May, offsetting a sharp decline in petrol and diesel sales and allowing Chinese brands to expand their footprint, data from the European Automobile Manufacturers’ Association (ACEA) showed on Tuesday.Total car regi
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