Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Crossing a ‘red’ line? Chinese comedy star investigated over altered song lyrics
Guo Degang was accused of “violating public order and good customs” after changing the lyrics of a classic Chinese revolutionary song during a recent performance.
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Oil hits three-week high on uncertainty over Hormuz
Aug 19 : Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and ongoing supply disruptions supported the market.Brent crude futures climbed 45 cents, or 0.49 per cent, to $91.47 by 0754 GMT, while U.S. West Texas Intermediate crude futures were up 45 cents,
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SK Hynix to buy back, cancel $29 billion worth of treasury shares
SEOUL, Aug 19 : SK Hynix said on Wednesday it would buy back and cancel 40 trillion won ($28.61 billion) worth of treasury shares and allocate more than 50 per cent of free cash flow generated between 2025 and 2027 to boost shareholder returns. The move comes amid growing pressure from investors for SK Hynix
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Indonesia seizes 2.6 tonnes of meth in major bust
More than 1.5 million illegal cigarettes were found on board by sniffer dogs.
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China’s LandSpace lands rocket booster; joins SpaceX, Blue Origin with reusable tech
LandSpace achieved the feat with its Zhuque-3 rocket on Wednesday (Aug 19), delivering China’s first successful ground-based, leg-assisted landing of an orbital-class booster.
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Analysis:Japan has few answers as bond rout puts fiscal plans at risk
TOKYO, Aug 19 : Japan is running low on options to fight a bond rout that could push debt financing costs above government estimates, leaving Prime Minister Sanae Takaichi’s ambitious spending agenda hostage to forces she can’t control.Analysts say the tools available to calm markets – sporadic cuts to bond i
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Iran’s armed forces warn Gulf countries against assisting US military
TEHRAN: Iran’s armed forces on Wednesday (Aug 19) warned Gulf countries against assisting the United States military, saying it would be tantamount to joining American military operations.”We wish to warn that any assistance or facilitation provided to the aggressor US military amounts to participation in the
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COE prices close mostly higher; Category A premiums rise to more than S$128,500
Category A premiums closed higher for the first time in three exercises.
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Australia executes search warrant on WiseTech for documents, shares skid nearly 9%
Aug 19 : Australia’s competition regulator has executed a search warrant on WiseTech Global for documents related to the supply of global logistics services and software, the company said on Wednesday.Shares of the logistics software provider ended 8.7 per cent lower at A$39.58, their lowest close in nearly t
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Petronas Chemicals reports higher revenue and profit but flags challenging outlook for the year
KUALA LUMPUR, Aug 19 : Malaysia’s Petronas Chemicals Group Berhad on Wednesday reported higher revenue for the second quarter but anticipates that the operating environment for the rest of the year will remain challenging due to geopolitical uncertainties, evolving trade policies and supply-demand imbalances.
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