Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Moody’s sees positive shift in Japan’s growth, resilience remains key test
TOKYO, Oct 27 : Moody’s sees encouraging signs in Japan’s return to sustained growth and stable inflation, but a key test will be whether that resilience can withstand future shocks, the rating agency’s Japan sovereign analyst told Reuters on Tuesday.Moody’s rates Japan at A1, its fifth-highest investment-gra
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Japan stands ready to take decisive action in currency market, finance minister says
TOKYO, Oct 27 : Japanese Finance Minister Satsuki Katayama said on Tuesday the government stood ready to take decisive action in the currency market, suggesting Tokyo has not lowered its guard against persistent weakness in the yen.”We are always watching market moves, including now, with a high sense of urge
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HSBC quarterly profit jumps but shares slide after flat revenue for wealth business
HONG KONG/LONDON, Oct 27 : HSBC’s third-quarter profit surged 32 per cent as it benefited from favourable interest rates while avoiding hefty credit losses, but a marked slowdown at its wealth business underscored the challenge of sustaining its recent strong performance.The bank’s Hong Kong-listed shares dro
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China’s industrial profit growth picks up amid deepening economic divergence
BEIJING: China’s industrial profits grew at a faster pace in September, though a deepening divergence across the economy weighed on business earnings.Profits at industrial firms rose 14.4 per cent from a year earlier last month, quickening from a 4.2 per cent increase in August, data from the National Bureau
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China’s Unitree Robotics shares surge over 60% in less than two weeks despite industry risks warning
China’s Unitree Robotics has urged investors to exercise caution over the commercial prospects of humanoid robots.
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Youths to be trained to provide psychological first aid during emergencies under new MHA initiative
The first cohort will comprise 30 youths, with close to 100 expressing interest in the initiative.
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Singapore looking to strengthen haze law, may make amendments to address enforcement gaps: Grace Fu
Singapore earlier issued notices under the Transboundary Haze Pollution Act to 10 Singapore-based firms and 10 Indonesian firms.
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Crystal Jade Fine Dining CEO appears in court to face company’s tax charge
The case was adjourned for the company to perform the required filings and pay a S$2,000 composition fine.
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American rapper Jay-Z to headline next year’s Super Bowl halftime show
Next year’s Super Bowl will take place on Feb 14 in Los Angeles.
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Singapore to host new ASEAN office to exchange jobs data, better track labour market shifts
AI-related changes, platform work and green jobs are some key areas the ASEAN Labour Statistics Office will study.
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