Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Analysis:BOJ’s rate-hike path runs into Takaichi’s bond market problems
TOKYO, Aug 10 : The Bank of Japan may be edging toward an early rate hike, but it faces a growing risk that any move to tighten policy will be offset by mounting political pressure to support the bond market.As government spending plans drive yields higher, the BOJ is being drawn into an increasingly awkward
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Italian scientists ready new solar instrument for high-stakes eclipse test
PADUA: Sheltered from the blazing summer sun, a group of scientists in the northern Italian city of Padua spent weeks in a laboratory finalising an instrument they say could transform the study of the solar corona, the outer layer of the sun’s atmosphere.As a total solar eclipse sweeps across Europe on Wednes
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Man with knife in Clementi disarmed by member of public, taken to hospital with self-inflicted wounds
A member of the public grabbed the man’s knife away and disarmed him prior to police’s arrival.
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Indonesian president nominates acting head to lead central bank
Destry Damayanti has been nominated as the sole candidate for the job, said a presidential spokesman.
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Oil steady as Iran tempers hopes for swift Hormuz reopening
NEW DELHI/PERTH, Aug 10 : Oil prices were little changed on Monday after surrendering earlier gains, as optimism over talks to reopen the Strait of Hormuz was tempered by Iran’s insistence that the United States satisfy several demands before the waterway could reopen.Brent crude futures stood at $83.54 a bar
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Ex-Thai MP accused of shooting local official and driver: Police
Former Thai MP Chalong Riewrang was arrested and taken to the police station, said the Nonthaburi police chief.
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Malaysia PM Anwar undergoing medical procedures
KUALA LUMPUR: Malaysian Prime Minister Anwar Ibrahim is undergoing medical tests and procedures and was expected to be under observation for two days, his aide said on Monday (Aug 10).Anwar is “undergoing examinations and procedures set by a team of medical experts”, Press Secretary
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J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength
Aug 10 : J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth.The new target implies about 3.1 per cent upside from the index’s
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