Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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China to send envoy to Middle East in near future amid conflict spillover
BEIJING: China is highly concerned about conflicts in the Middle East and surrounding regions and Beijing will send an envoy to the relevant countries in the near future, foreign ministry spokesperson Guo Jiakun said at a daily press conference on Tuesday (Oct 27).Guo called on related parties to resolve diff
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European shares dip as HSBC results weigh on banks ahead of Big Tech earnings
Oct 27 : European shares slipped on Tuesday, dragged down by banking stocks, after disappointing results from HSBC, while investors also turned cautious ahead of US tech earnings, seen as a key test of the AI trade, and central bank meetings that could shape near-term interest-rate outlook.The STOXX 600 banki
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Houthi official says Egypt’s military support for Saudi declaration of war
The comment was part of a long statement reacting to a visit to Tehran by the Saudi defence minister, alongside Pakistan’s army chief and Türkiye’s intelligence chief, in a bid to de-escalate tensions in the Middle East war.
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Big Tech earnings a test of the AI boom amid market turmoil
Oct 27 : Wall Street expects Amazon, Microsoft and Alphabet to report on Wednesday faster growth in their cloud businesses, but a turbulent market selloff and concerns over rising costs of AI financing are tempering optimism.Investors are pressing for evidence that the AI boom can deliver swift returns to jus
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Crypto blitzes midterms with $176 million to support allies as it prepares for post-Trump era
NEW YORK, Oct 27 : The crypto industry has spent roughly $176 million across more than 100 midterm races this election cycle, as part of a years-long plan to build a bipartisan coalition of allies in Congress that can advance its interests long after US President Donald Trump leaves office. The $2.75 trillio
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Singapore commissions studies to deepen capabilities in nuclear safety, regulation and environmental protection
Singapore and the Philippines have agreed to explore collaborations in nuclear energy, says Minister for Energy, Trade and Industry (Energy and Industry) Tan See Leng.
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OCBC named third strongest bank globally in The Asian Banker ranking
DBS took 23th place in the list, while UOB was ranked 187.
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UBS says it does not permit the use of external AI models for client transactions
ZURICH, Oct 27 : UBS will not allow the use of external AI models to execute actions on behalf of clients, CEO Sergio Ermotti said on Tuesday.Concerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been blocking third-party AI agents’ a
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Indian media groups decry Modi’s privacy law in court, say newsrooms face shutdown risk
NEW DELHI: The Indian government’s privacy law, which would require journalists to seek consent from people they write about, amounted to pre-censorship and could lead to newsrooms shutting down, media groups told the Supreme Court on Tuesday (Oct 27), starting the most high-profile challenge against the legislation
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Trump’s proposed US$70,000 work training fee could drive foreign students away, warn US educators
American educators warn that a Trump administration proposal to impose hefty fees on universities for international students seeking work experience could deter foreign enrolment, threatening billions in economic contributions and the country’s global influence.
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