CNA (Channel NewsAsia) – Business

CNA (Channel NewsAsia) – Business

Publication
0 followers

Singapore and Asia corporate/markets desk, macro and sector moves.

Hong Kong’s AI-Driven Push Draws Global Innovators
NewsApr 13, 2026

Hong Kong’s AI-Driven Push Draws Global Innovators

Hong Kong’s government‑backed Cyberport is accelerating an AI‑driven innovation push, now supporting over 2,300 startups from 27 countries, including 17 listed firms and eight unicorns. Companies in the hub collectively hold a market capitalisation of more than HK$336 billion (≈US$43 billion) and...

By CNA (Channel NewsAsia) – Business
Commentary: Momentum Is Growing Worldwide to Make Social Media Less Addictive
NewsApr 9, 2026

Commentary: Momentum Is Growing Worldwide to Make Social Media Less Addictive

A California jury found Meta and Google liable for designing addictive features, awarding $6 million to a young plaintiff. The verdict focused on infinite scroll and video autoplay, arguing these mechanics prioritize time on platform over user well‑being. Similar feature‑targeted regulations...

By CNA (Channel NewsAsia) – Business
CNA Explains: The Chinatown Fatal Accident Case Has a Gag Order – Can You Still Share a Video of It?
NewsApr 9, 2026

CNA Explains: The Chinatown Fatal Accident Case Has a Gag Order – Can You Still Share a Video of It?

Singapore's High Court placed a gag order on the fatal Chinatown car crash case to shield the accused driver’s six‑year‑old son, who may be called as a witness. The order extends to the driver’s name, address, photo, vehicle details and...

By CNA (Channel NewsAsia) – Business
The New Trump Trades: How Investors Are Navigating Iran Shocks
NewsApr 8, 2026

The New Trump Trades: How Investors Are Navigating Iran Shocks

Investors are crafting a new “Trump trade” playbook after Donald Trump’s cease‑fire pledge in the Iran war, focusing on higher‑for‑longer oil prices, currency shifts, and bond market mispricings. Oil futures trade around $79, with analysts expecting a floor near $85...

By CNA (Channel NewsAsia) – Business
Nvidia Acquisition of SchedMD Sparks Worry Among AI Specialists About Software Access
NewsApr 6, 2026

Nvidia Acquisition of SchedMD Sparks Worry Among AI Specialists About Software Access

Nvidia announced the acquisition of SchedMD, the company behind the open‑source Slurm workload manager that orchestrates tasks on roughly 60% of the world’s supercomputers. Slurm is a critical component for training large language models and for government‑run high‑performance clusters. The...

By CNA (Channel NewsAsia) – Business
Shanghai Now: The City’s Most Stylish Addresses
NewsApr 5, 2026

Shanghai Now: The City’s Most Stylish Addresses

Shanghai is positioning itself as a post‑pandemic tourism hub, offering a new 10‑day visa‑free transit window for U.S. and other travelers. The city’s streets are quieter thanks to widespread electric‑vehicle adoption, while high‑speed rail and an expanded metro make navigation...

By CNA (Channel NewsAsia) – Business
Managing Million-Dollar Sinking Funds, Costly Repairs: Do Condo Councils Need Mandatory Training?
NewsApr 5, 2026

Managing Million-Dollar Sinking Funds, Costly Repairs: Do Condo Councils Need Mandatory Training?

Singapore’s 40‑year‑old Pine Grove condominium faces roughly US$2.8 million in urgent repairs, including a US$1.4 million lift replacement and a US$1.3 million façade repaint. The MCST’s sinking fund, funded by a modest US$47 monthly contribution per household, is insufficient, prompting a proposed fee...

By CNA (Channel NewsAsia) – Business
Inside Yum Cha’s Reinvention: How Melody Tan Modernised the Family Dim Sum Business
NewsApr 3, 2026

Inside Yum Cha’s Reinvention: How Melody Tan Modernised the Family Dim Sum Business

Yum Cha, a 25‑year‑old Singapore dim sum chain founded by Jack Tan, has been overhauled by executive director Melody Tan. She removed the traditional push‑cart service, halved a 100‑item menu and introduced seasonal dishes, improving food quality and reducing waste....

By CNA (Channel NewsAsia) – Business
Middle East War Disrupting Food Aid Deliveries at ‘Worst Possible Time’, Warn Humanitarian Groups
NewsApr 2, 2026

Middle East War Disrupting Food Aid Deliveries at ‘Worst Possible Time’, Warn Humanitarian Groups

The war in Iran is severely disrupting global food‑aid logistics, affecting roughly 70,000 metric tonnes of supplies—enough to feed over 800,000 people for three months. Shipping costs have surged 70%‑300% due to rerouting, congestion, and higher insurance, while air freight...

By CNA (Channel NewsAsia) – Business
Crisis Contractor for OpenAI, Anthropic Eyes a Move to Combat Extremism
NewsApr 2, 2026

Crisis Contractor for OpenAI, Anthropic Eyes a Move to Combat Extremism

ThroughLine, the crisis‑response contractor for OpenAI, Anthropic and Google, is building a tool to identify users showing violent extremist tendencies on ChatGPT and route them to deradicalisation support. The solution will blend a purpose‑built chatbot with referrals to real‑world mental‑health...

By CNA (Channel NewsAsia) – Business
Court Sets Aside S$175,000 Loan Judgment Against Woman After New Evidence of Husband's Payments Emerges
NewsMar 26, 2026

Court Sets Aside S$175,000 Loan Judgment Against Woman After New Evidence of Husband's Payments Emerges

A Singapore District Court judge set aside a S$175,689 (≈US$137,300) loan judgment after the woman’s husband submitted new affidavit evidence showing he had transferred S$620,670 (≈US$484,000) to his mother, potentially covering the debt. The judge ruled that “triable issues” now...

By CNA (Channel NewsAsia) – Business
Coffee, Chilli Crab – and Electric Cars
NewsMar 25, 2026

Coffee, Chilli Crab – and Electric Cars

BYD by 1826 opened its sixth Singapore outlet at IMM, merging an electric‑vehicle showroom with a pet‑friendly café that serves locally inspired dishes. In 2025, EVs accounted for over 40% of new car registrations in Singapore, highlighting rapid market adoption. The venue’s...

By CNA (Channel NewsAsia) – Business
Samsung Galaxy S26 Series Makes AI Effortless – for Work and Play
NewsMar 25, 2026

Samsung Galaxy S26 Series Makes AI Effortless – for Work and Play

Samsung unveiled the Galaxy S26 series, embedding four AI agents—Galaxy AI, Bixby, Google Gemini, and Perplexity—to automate tasks across apps and streamline work and leisure. The Ultra model features a Snapdragon Elite Gen 5 processor delivering a 39% AI performance boost,...

By CNA (Channel NewsAsia) – Business
Why People Get Defensive when Receiving Feedback at Work — and How to Handle It Better
NewsMar 21, 2026

Why People Get Defensive when Receiving Feedback at Work — and How to Handle It Better

Employees often become defensive when receiving feedback, viewing it as a personal attack. The article explains the psychological roots—fight‑or‑flight response and identity attachment—to this reaction. It offers practical techniques for managers, such as the sandwich method, specific, outcome‑focused language, and...

By CNA (Channel NewsAsia) – Business
Exclusive-India's Proposal to Preload National ID App Aadhaar on Phones Faced Pushback
NewsMar 19, 2026

Exclusive-India's Proposal to Preload National ID App Aadhaar on Phones Faced Pushback

India’s UIDAI quietly asked the IT ministry to explore pre‑installing its Aadhaar biometric ID app on all smartphones sold in the country, a move championed as a way to boost accessibility. The proposal met immediate resistance from Apple, Samsung, Google...

By CNA (Channel NewsAsia) – Business
BTS Announces New York Spotify Fan Event, Netflix Drops Trailer for BTS: The Return Documentary
NewsMar 17, 2026

BTS Announces New York Spotify Fan Event, Netflix Drops Trailer for BTS: The Return Documentary

The requested BTS news article could not be retrieved; the page returns a 404 error, providing no details about the announced New York Spotify fan event or the Netflix BTS documentary trailer. Without the article, specifics such as date, venue,...

By CNA (Channel NewsAsia) – Business
Building Smarter — by Putting People First
NewsMar 16, 2026

Building Smarter — by Putting People First

Singapore’s construction sector increasingly relies on Building Information Modelling (BIM) to design buildings before they rise. Digital construction firm AcePLP, with more than 200 BIM specialists, discovered that skill gaps hindered effective on‑site application of BIM data. Partnering with the...

By CNA (Channel NewsAsia) – Business
Super-Agers' Brains Have a Special Ability Tied to Sharp Memory, New Study Suggests
NewsMar 14, 2026

Super-Agers' Brains Have a Special Ability Tied to Sharp Memory, New Study Suggests

A new Nature study reveals that super‑agers—people over 80 with memory comparable to those in their 50s—contain roughly twice as many newly formed hippocampal neurons as typical older adults and 2.5 times more than Alzheimer’s patients. The research identified three...

By CNA (Channel NewsAsia) – Business
Get a Dog, Live Longer? Studies Show Pet Ownership May Support Better Health, but Lifestyle Matters
NewsMar 14, 2026

Get a Dog, Live Longer? Studies Show Pet Ownership May Support Better Health, but Lifestyle Matters

Recent research confirms that dog owners experience lower cardiovascular mortality and a 24% reduction in all‑cause death over ten years, prompting the American Heart Association to acknowledge pets as a potential heart‑health factor. The benefits appear linked to increased physical...

By CNA (Channel NewsAsia) – Business
BTS and Spotify to Collaborate on Themed Cruise on Seoul's Han River
NewsMar 13, 2026

BTS and Spotify to Collaborate on Themed Cruise on Seoul's Han River

BTS and Spotify have teamed up for a three‑day "Swimside" themed cruise on Seoul's Han River from March 27‑29, timed with the group's upcoming Arirang album launch. The event is exclusive to Spotify Premium users who pre‑saved the album, offering...

By CNA (Channel NewsAsia) – Business
With Competitors Hot on Its Heels, How Can Singapore's Port Stay the Course?
NewsFeb 13, 2026

With Competitors Hot on Its Heels, How Can Singapore's Port Stay the Course?

Singapore’s port recorded a historic 3.22 billion gross tonnes of vessel arrivals and 44.66 million TEUs in 2025, marking 3.5% and 8.6% growth respectively over 2024. The hub remains second only to Shanghai, with Ningbo‑Zhoushan closing the gap, while contributing roughly 7%...

By CNA (Channel NewsAsia) – Business