SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his involvement with President Donald Trump and the recently announced Stargate.

Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.

World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.

SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday.

Most Asian markets extended a global rally Wednesday (Jan 22) as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong and Shanghai rose but then shed some of their initial gains early Thursday. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,

Stargate is just one piece in the race for data, AI and global power. A glimpse into the future of U.S. regulation.

Stargate, a groundbreaking joint venture by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is set to transform the artificial intelligence landscape with exclusive data centers in the U.S. These centers will

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.

PBoC’s policy easing spurs Chinese equity gains, lifting the Shanghai Composite and CSI 300. Buyback loans aim to counter US tariff concerns.

The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as UK government borrowing rose more than expected in December to hit its highest level for the month for four years. This continues to pile more pressure on the UK's finances.