Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Top South Korean policy makers apologise for single-stock leveraged ETFs
SEOUL, July 29 : Top South Korean policy makers apologised on Wednesday over the introduction of single-stock leveraged exchange-traded funds (ETFs), which have been blamed for intensifying a rout in the country’s stock market. Finance Minister Koo Yun-cheol said he was sorry for introducing the product witho
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StanChart lifts income target after wealth boom powers earnings beat; shares jump
HONG KONG/LONDON, July 29 : Standard Chartered reported on Wednesday a better-than-expected 9 per cent rise in first-half pretax profit and lifted its full-year income target, as wealth and global banking revenue surged and credit charges tied to the Iran war held steady.The bank’s Hong Kong-traded shares ros
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Kennedy hails golden age for Australia after smashing national 100m record
MELBOURNE, July 29 : Sprinter Lachlan Kennedy has hailed a new golden age in Australian athletics after he and Torrie Lewis broke 100m national records in clinching Commonwealth Games medals in Glasgow.Kennedy ran a personal best 9.85 seconds to beat Patrick Johnson’s mark of 9.93 set in 2003 to claim a silv
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Maid murders 73-year-old employer after being let off for stealing, gets life imprisonment
The maid had purportedly fallen for a love scammer, and repeatedly stole from her employers even after they discovered missing items and decided not to file a police report.
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CNA Explains: What are fire clouds, and why are they making Europe’s wildfires more dangerous?
Wildfires can become so intense that they create their own weather. Here’s what you need to know about pyrocumulonimbus clouds and why they are raising alarm in Europe.
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Asian stock rout deepens on AI worries ahead of tech earnings
SINGAPORE: Asian stocks slid on Wednesday (Jul 29) extending a brutal selloff as anxiety about AI valuations, rising competition and spending rocked markets ahead of crucial earnings from big tech firms and a US Federal Reserve policy decision.Oil prices jumped after
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Online Safety Commission acts against TikTok post linking woman to Faishal’s resignation
The Online Safety Commission received a report on the matter and determined that online harmful activity had taken place.
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StanChart first-half profit rises 9%, beating estimates on strong wealth growth
HONG KONG/LONDON, July 29 : Standard Chartered (StanChart) reported on Wednesday that first-half pretax profit rose 9 per cent, bolstered by surging wealth and global banking revenue, helping the emerging markets lender offset ongoing credit charges tied to the Iran war.StanChart, which earns most of its reve
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NLB to launch new multi-year campaign to get Singaporeans to read more
The ReadSG campaign includes a reading challenge on the CrowdTaskSG platform, where participants can earn rewards.
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Hewitt’s son Cruz earns first ATP Tour win in Washington opener
July 28 : Former world number one Lleyton Hewitt’s son Cruz continued to impress in his breakout summer on Tuesday, earning his first ATP Tour-level win at the Washington Open at the age of 17 with a 6-3 6-4 victory over Marcos Giron.The first-round victory capped a remarkable month for the Australian youngst
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