Asian 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. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,

US President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence (AI) led by Japan’s Softbank Group Corp, cloud giant Oracle Corp and ChatGPT-maker OpenAI.

OpenAI CEO Sam Altman speaks next to Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria A look at the day ahead in European and global markets from Stella Qiu

US President Donald Trump has started his second term with a bang - a private sector artificial intelligence investment of at least US$100 billion announced by the White House on Tuesday. "This monumental undertaking is a resounding declaration of confidence in America's potential under a new president,

BANGKOK — 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 0.1% higher to 7,847.38. Britain’s FTSE 100 slipped less than 0.1% to 8,539.88.

Asian stocks turned in a mixed performance on Thursday despite China announcing a slew of measures to stabilize its stock markets.

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.

A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp.

Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight.

Beijing, however, prefers that TikTok remains under the ownership ... such as US investment firms Carlyle Group and Kohlberg Kravis Roberts and Japan’s SoftBank Group. Employees own 20% and its founders the remaining 20%. Details of the relationship ...

Who will “save” TikTok? YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison have been floated as potential buyers of the app in the past week.

Significantly, retail sales, industrial production, and unemployment figures gave investors insights into the effectiveness of Beijing ... with Softbank Group Corp. (9984) and Tokyo Electron ...