Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Nomura’s second-quarter profit rises 13%
TOKYO, Oct 28 : Japan’s largest brokerage and investment bank Nomura Holdings posted a 13 per cent rise in second-quarter net profit to 103.7 billion yen ($656.7 million), driven by steady growth in wealth management.Nomura’s wholesale division also kept up its strong run and grew income by 47 per cent year o
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Thai central bank keeps interest rate unchanged, as expected
BANGKOK, Oct 28 : Thailand’s central bank kept its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected.The Bank of Thailand’s monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1.00 per cent.All 26 economists polled by Reuters
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Two hundred ‘cruise for life’ passengers stranded in Cambodia
More than 200 passengers leave Villa Vie Residences’ Odyssey in Sihanoukville after the company suspends Cambodia operations and cites surging fuel costs.
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Water scarcity, land protests cast shadow over Bengaluru’s AI ambitions
Residents in Bengaluru’s Electronic City say nearby data centres are adding to pressure on local water supplies, while farmers outside the city oppose plans to acquire land for a township that would include AI-related industries.
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SK Hynix unveils US$75 billion shareholder return plan after posting record profit
SEOUL: South Korean chipmaker SK Hynix said on Wednesday (Oct 28) it would return about US$75 billion to shareholders this year, after reporting a more than seven-fold jump in quarterly profit as AI infrastructure demand continues to drive up memory chip prices.The Nvidia supplier also said it has sold out of
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Vietnam financial centre says its first 10 members to mobilise $2.7 billion
HANOI, Oct 28 : Vietnam’s International Financial Center said on Wednesday its first 10 members are expected to mobilise and invest about $2.7 billion in the country’s business hub Ho Chi Minh City through 2027.Among the initial 10 members are holding companies linked to Keppel Asset Management, AG&P LNG and
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Japan’s Nidec likely to miss month-end deadline on audit, Nikkei says
TOKYO, Oct 28 : Japan’s Nidec is unlikely to secure an auditor’s opinion on its securities report by month-end after an auditor flagged that the audit could be delayed, the Nikkei business daily said on Wednesday. The step comes after Nidec said on Tuesday it had decided to sue founder Shigenobu Nagamori al
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Singer Demi Lovato assures fans she’s ‘fine’ after hospitalisation over possible allergic reaction
The 34-year-old shared a now-deleted Instagram Story showing an IV in her arm and a hospital wristband, suggesting that sushi or passionfruit may have triggered the reaction.
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Syria reopens Jordan border crossing after mending ties
DAMASCUS: Syria reopened its main border crossing with Jordan on Wednesday (Oct 28) as the two countries reaffirmed ties that were strained by a deadly retaliatory strike by Jordanian forces.Jordan’s strike – a reprisal against a
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AI chips worth US$12.1 million seized at Malaysia airport, customs authority says
Malaysia customs seizes 30 server units with advanced AI chips at Kuala Lumpur International Airport, linking the case to a wider smuggling syndicate probe.
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