Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Shein could aim for September or October IPO in Hong Kong, source says
July 10 : Fast-fashion retailer Shein is likely to aim for its Hong Kong initial public offering in September or October, said a source familiar with the situation, after the company won approval from the Chinese securities regulator on Friday. Shein has indicated it could sell up to 8 per cent of its shares
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Al-Ittihad turn to Wissing after Gamba Osaka’s Asian triumph
July 10 : Saudi Pro League club Al-Ittihad have appointed German coach Jens Wissing until 2028, the club said on Friday.• Wissing replaces Sergio Conceicao, who left after a disappointing 2025-26 campaign• Al-Ittihad finished fifth in the league and exited the King’s Cup in the semi-finals last sea
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Zimbabwe confirm future captains across all formats
HARARE, July 10 : Zimbabwe have confirmed Richard Ngarava will captain their test and One-Day International sides while veteran Sikandar Raza is retained as Twenty20 captain, the country’s cricket board said in a statement on Friday.Josephine Nkomo was appointed captain of the Zimbabwe women’s team.
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Viking enthusiasts hail spirit, if not technique, of Norway fans’ “Viking row”
TONSBERG, Norway, July 10 : As Norway’s “Viking Row” sweeps through the World Cup ahead of their quarter-final against England, Viking enthusiasts say the celebration is about firing up the team and winning together in old Norse style.Norwegian fans are hoping the chants — inspired by their fierce, seafarin
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O’Ward says he has asked to be ‘fired’ as McLaren F1 reserve
July 10 : McLaren IndyCar driver Pato O’Ward says racing in Formula One is no longer his dream and he has “politely asked to be fired” from his reserve role with the team.The Mexican racer has taken part in five free practice sessions with reigning champions McLaren since 2022.Winner of 10 IndyCar race
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Cboe expects SK Hynix options to trade two business days after Nasdaq debut, source says
July 10 : Derivatives exchange Cboe Global Markets expects to list options on SK Hynix’s U.S.-listed shares two business days after the stock’s trading debut, a source familiar with the matter told Reuters on Friday.The South Korean chipmaker, which raised $26.5 billion in share sale, is set to make its Wall
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Philippine Air to order 15 Boeing 787-10 and nine Airbus A350-1000
PARIS/MANILA, July 10 : Philippine Airlines (PAL) is poised to order 15 Boeing 787-10 aircraft and nine Airbus A350-1000 jets, marking its first Boeing purchase in almost 20 years, industry sources said on Friday.The orders are expected to be announced at the Farnborough Airshow this month. The decision to in
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Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility
TAIPEI, July 10 : Taiwanese chip-testing company King Yuan Electronics (KYEC) plans to invest up to $1.4 billion to establish a facility in the United States, the supplier to chipmaker Nvidia said on Friday.King Yuan Electronics said the investment is intended to support operational growth and strengthen its
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Oil heads for weekly gains as Middle East supply risks persist
LONDON, July 10 : Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions.Brent futures were up 60 cents, or 0.8 per cent, at $76.90 a barrel by 1131 GMT. U.S. West Texas Intermediate (WTI)
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Circle wins final regulatory approval to establish US trust bank, shares rise
July 10 : Circle said on Friday it has received a final regulatory approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, sending the stablecoin giant’s shares surging 10 per cent in premarket trading.Here are some details: • The charter allows Circle to
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