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CNA
8 hours ago
- CNA
CNA938 Rewind - Stock Take Today: Bessent's assurance on Powell, Japan markets post elections
On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with David Chao, Global Market Strategist from Invesco Asia Pacific.


CNA
8 hours ago
- CNA
Japan PM Ishiba to announce resignation next month: Report
TOKYO: Japanese Prime Minister Shigeru Ishiba plans to announce his resignation by the end of next month, the Mainichi newspaper reported on Wednesday (Jul 23). Ishiba is facing growing opposition from within his Liberal Democratic Party for his vow to stay in power despite the ruling coalition's bruising defeat in Sunday's upper house election. According to the Yomiuri daily, Ishiba told his close associates on Tuesday evening that he would explain how he would take responsibility for the election loss once a solution was reached on trade negotiations. In a post on Truth Social posted on Wednesday Asian hours, US President Donald Trump said he had just completed a "massive" deal with Japan that included US$550 billion in investments into the United States. Speaking after Trump's post, Ishiba said he was ready to meet or speak over the phone with Trump after being briefed on the details by Japan's top trade negotiator Ryosei Akazawa, who has been in Washington for trade talks. "I can't say until I scrutinise the outcome of the agreement," Ishiba told reporters when asked how the deal with Washington could affect his decision on whether to step down. In explaining his decision to stay on, Ishiba has stressed the need to avoid creating a political vacuum as Japan faced challenges including difficult trade negotiations with the US that would have a huge impact on the export-reliant economy. "I will stay in office and do everything in my power to chart a path toward resolving these challenges," Ishiba said in a news conference on Monday, adding that he intended to speak directly with Trump as soon as possible and deliver tangible results.


CNA
8 hours ago
- CNA
CNA938 Rewind - Strengthening Singapore's agriculture sector
Local farms are doing their best to churn out fresh produce for Singapore's 30 by 30 goal, but many face the lack of demand stemming from low consumer awareness. From simpler farming methods, to bringing in new food options, Andrea Heng and Hairianto Diman speak with Professor William Chen, Director of Food Science and Technology, NTU to see how farms can adapt to a weak demand.