Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Bank of Japan’s ETF holdings may help fund tax cut, LDP executive says
TOKYO, Aug 6 : Tapping the Bank of Japan’s holdings of exchange-traded funds (ETF) may be an option to fund a planned sales tax cut, a ruling party executive said in a recent online programme, a sign its vast asset holdings could come under the political spotlight.The government on Wednesday signed off on Pri
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Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal
TOKYO, Aug 6 : Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to end the five-month war and reopen the Strait of Hormuz. Brent crude futures fell 37 cents, or 0.5 per cent, to $79.08 a barrel by 0024 GMT. U.S.…
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Saudi club Al Ahli appoint Pusic as new coach, replacing Jaissle
Aug 6 : Saudi Arabia’s Al Ahli have appointed Marino Pusic as their new coach to replace Matthias Jaissle, who left to take charge of Newcastle United, the Asian champions said on Thursday.• Pusic, who led Shakhtar Donetsk to the Ukrainian league title in 2024, has signed a contract until 2028.• Th
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Asia shares ease on tech pullback, oil stable as Iran talks stay in focus
TOKYO, Aug 6 : Asian shares took a breather on Thursday after an AI-driven surge the previous day, while oil prices traded in a tight range as markets assessed prospects for an Iran peace deal.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.69 per cent, led by declines in tech firms. South K
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FIFA apologises to members as Infantino holds crisis meeting amid stake sale fallout
FIFA said its leadership had reaffirmed its full support for president Gianni Infantino, while acknowledging that the handling of the withdrawn proposal to sell commercial rights linked to the World Cup should have been different.
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DBS posts record Q2 profit, raises 2026 guidance
The Singapore bank declared S$0.81 in dividends per share for the second quarter of 2026.
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South Korea says the chance of 3% economic growth has risen sharply
SEOUL, Aug 6 : South Korea’s Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3 per cent level for the first time in five years.Last month, the finance ministry raised this year’s economic growth forecast to 3.0 per cent from 2.0 per cent. The econo
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Leftist Democrat urges unity after victory in Michigan
DETROIT: Left-wing insurgent Abdul El-Sayed called for Democratic unity on Wednesday (Aug 6) after narrowly defeating the party establishment’s candidate in Michigan and claiming the nomination for one of November’s most important US Senate races.”The things that unite us are so much bigger than the things th
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Malaysia says will not repatriate Rohingya refugees if lives are at risk
The statement follows Malaysian Prime Minister Anwar Ibrahim’s announcement of plans to return 5,000 refugees to Myanmar.
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