Asian stocks rebound on Wednesday
Asian stocks rebounded on Wednesday after a sharp selloff triggered by a tech-led slump on Wall Street that…
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Softbank
Asia-Pacific stocks close mixed on Wednesday
Asia-Pacific markets ended mostly lower on Wednesday, mirroring Wall Street’s overnight losses.
Trump announces $500b AI infrastructure investment
US President Donald Trump announced a $500 billion private-sector investment in artificial intelligence…
OpenAI employees to sell $1.5b in shares to SoftBank
OpenAI, owned by ChatGPT, is permitting its employees to sell around $1.5 billion in shares to SoftBank Group of…
India’s Ola Electric plans to lay off 500 employees
India's leading electric scooter manufacturer, Ola Electric, is reportedly planning to reduce its workforce by…
Japan’s SoftBank first to get Nvidia’s latest AI chips
SoftBank's Japanese telecoms unit will be the first to receive chips using Nvidia's latest Blackwell design for its…
India’s Ola Electric eyes $4.5b valuation for IPO
SoftBank-backed Indian electric scooter manufacturer Ola Electric is reportedly targeting a valuation of around…
SoftBank sells bonds at lowest underwriting fees in 10yrs
SoftBank Group Corp. achieved a significant milestone by reducing underwriting fees for yen retail bonds, marking…
Japan’s SoftBank posts third straight net loss of $1.46b
SoftBank Group of Japan reported a net loss of 227.6 billion yen ($1.46 billion) for the fiscal year ending March…
SoftBank shares surge to highest level since May ’21
SoftBank Group Corp. stocks surged by 11 per cent, reaching its highest level since May 2021 due to the strong…