Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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7-Eleven owner’s shares jump as Zabka talks burnish Europe expansion push
TOKYO, July 17 : Shares in 7-Eleven owner Seven & i rose nearly 4 per cent in Tokyo on Friday as the firm said it was in talks to buy a stake in Polish convenience store operator Zabka as it seeks new growth drivers after investor pressure over weak earnings.The Japanese retailer is considering acquiring…
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Japan’s ruling party warns about suspected collusion between activist investors and private equity
TOKYO, July 17 : Japan’s ruling party raised concerns on Friday over suspected collusion between activist investors and buyout funds in take-private deals, warning that such arrangements could undermine fairness in capital markets.In draft policy proposals, the Liberal Democratic Party’s project team on corpo
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Bloomberg defamation case: Freedom of expression does not extend to false, defamatory allegations, say Shanmugam and Tan See Leng
The statement by Home Affairs Minister K Shanmugam and Manpower Minister Tan See Leng came after Bloomberg and The New York Times published articles on the High Court’s ruling in the defamation case.
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India launches first hydrogen-powered train in clean energy push
The project is part of a broader push to modernise one of the world’s largest rail networks while reducing carbon emissions.
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Japan PM vows to pursue steps to encourage domestic investment by GPIF
TOKYO, July 17 : Japanese Prime Minister Sanae Takaichi said on Friday the government will pursue steps that encourage investment in domestic financial assets by households and state pension funds including Government Pension Investment Fund (GPIF).Under law, investments by state pension funds must be conduct
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China’s Moonshot AI chases ‘DeepSeek moment’ with much-hyped model
Kimi K3 drew excitement from industry insiders, with some evoking a 2025 release from China’s DeepSeek that shook assumptions of US dominance in AI.
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Actress Fann Wong no longer owns a weighing scale: ‘Having strength and energy is much more important’
The 55-year-old, who used to feel “upset” when her weight went above 49kg, shared in a recent interview how her outlook on health and weight has changed over the years.
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EQT raises Kakaku.com offer price to 3,450 yen, topping rival bid
TOKYO, July 17 : European fund EQT on Friday raised its offer for Japanese website operator Kakaku.com to 3,450 yen ($21.25) per share from 3,000 yen, topping a rival offer from a consortium comprising SoftBank subsidiary LY Corp and Bain Capital.The new price values Kakaku.com at about 682 billion yen ($4.20
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