Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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US stocks fall, dollar rallies as Fed raises inflation forecast
NEW YORK: Wall Street stocks finished decisively lower Wednesday (Jun 17) while the dollar rallied after the Federal Reserve raised its inflation forecast and projected an interest rate hike by year-end.The US central bank, as expected,
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Turkey and Paraguay face off with little room for error after humbling defeats
SANTA CLARA, California, June 17 : Paraguay and Turkey head into Friday’s World Cup Group D clash with little margin for error after opening defeats left both sides playing catch-up in the race for the knockout rounds.Turkey were stunned 2-0 by Australia in Vancouver, while Paraguay suffered a chastening 4-1
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Commentary: Anthropic’s retreat is a win for Chinese open-source AI
Cheaper AI was already a major selling point for Chinese labs, and now they can add that they’re more reliable, says Catherine Thorbecke for Bloomberg Opinion.
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Commentary: Peace with Iran is all about Lebanon now
The US and Iran’s interim deal to end the war might prove unattainable if Israel continues its fight against Hezbollah in Lebanon, says former Israeli foreign minister Shlomo Ben-Ami.
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Southeast Asia’s OECD hopefuls: Why Thailand and Indonesia are chasing entry to ‘rich countries’ club’
Bidding to join the international Organisation for Economic Co-operation and Development shows Southeast Asian economies are trying to use global standards to raise credibility, attract investment and lock in domestic reforms, experts say.
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India wants to turn more coal into gas for energy security. It faces a tough conversion
India recently approved a US$3.9 billion scheme to turn more of its vast coal reserves into gas. Even as its energy security ambitions gather pace, experts warn that scaling up the centuries-old technology will likely be a slow burn.
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World Cup: After ‘massive confidence booster’ from first win, South Korea targets victory over Mexico
With home advantage and fervent support, Mexico seems to be the favourite for the top-of-the-group clash against South Korea. CNA’s Matthew Mohan is in Guadalajara ahead of the match.
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Commentary: Beijing’s crackdown on overseas investing is making Hong Kong more important, not less
Hong Kong is being repositioned as a controlled gateway between two worlds, says Enodo Economics’ Diana Choyleva.
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Semenyo, Ayew lead Ghana attack in World Cup clash with Panama
TORONTO, June 17 : Antoine Semenyo, Jordan Ayew and Kamaldeen Sulemana will lead the attack for Ghana in their World Cup Group L match against Panama on Wednesday. • Manchester City forward Semenyo enters the tournament in form after scoring 11 goals across all competitions for the club• Ghana mid
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Hezbollah chief says Lebanon at ‘pivotal’ moment after US-Iran deal
BEIRUT: Hezbollah chief Naim Qassem on Wednesday urged Lebanese authorities to take advantage of a “pivotal” moment following a US deal to end the Middle East war, ahead of
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