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SoftBank

SoftBank in talks to invest up to $25 billion into OpenAI, FT reports

SoftBank is in talks to invest up to $25 billion into ChatGPT owner OpenAI and become the AI firm’s largest...

Published 30 Jan, 2025 08:04am

Technology

OpenAI, SoftBank each commit $19bn to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop...

Published 23 Jan, 2025 08:12am

Business & Finance

SoftBank and Arm weigh acquiring Ampere Computing, source says

Japanese technology investor SoftBank Group, and its majority-owned Arm Holdings, are exploring a deal for Oracle,...

Published 09 Jan, 2025 08:26am

Technology

Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event

Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

Published 17 Dec, 2024 11:03am

Business & Finance

Trump, SoftBank CEO announce $100bn US investment

PALM BEACH (Florida): President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

Published 17 Dec, 2024 06:47am

World

Billionaire Ambani’s Reliance plays catch-up to ride India quick commerce wave

NAVI MUMBAI: Asia’s richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to...

Published 30 Oct, 2024 11:30am

Technology

SoftBank scraps AI chips tie-up plan with Intel, FT reports

Japanese technology investor SoftBank dropped plans of producing an artificial intelligence chip with Intel to...

Published 15 Aug, 2024 10:09am

Technology

ByteDance says ‘no plans’ to sell TikTok after US ban law

BEIJING: Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a...

Published 26 Apr, 2024 11:11am

Markets

Japan’s Nikkei falls 2pc after 3-day rally

TOKYO: Japan’s Nikkei share average fell 2% on Thursday after a three-session rally, with technology stocks ...

Published 26 Apr, 2024 04:15am

Markets

Tokyo’s Nikkei inches up at close

TOKYO: Tokyo’s benchmark Nikkei index closed slightly higher on Friday, supported by gains from SoftBank Group,...

Updated 09 Feb, 2024 12:13pm

Markets

Wall St rises as strong data fails to dent rate-pause hopes

NEW YORK: Wall Street’s main indexes rose on Thursday as hotter-than-expected economic data failed to erode...

Published 15 Sep, 2023 06:32am

Markets

Oil cut extension raises risk of Saudi economic contraction this year

DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude...

Published 10 Sep, 2023 01:01pm

Business & Finance

Apple and Samsung to invest in SoftBank’s Arm at IPO

TOKYO: Apple and Samsung Electronics will invest in SoftBank Group -owned chip designer Arm at its initial public...

Published 15 Aug, 2023 06:30am

Business & Finance

SoftBank in talks to buy Vision Fund’s 25pc stake in Arm

NEW YORK: SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision...

Updated 14 Aug, 2023 06:56am

Technology

SoftBank to shift to ‘offence mode’ as AI booms

TOKYO: SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its...

Published 21 Jun, 2023 09:55am

Technology

SoftBank’s Son says he is ‘heavy user’ of ChatGPT

TOKYO: SoftBank Group’s Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the...

Published 20 Jun, 2023 09:56am

Business & Finance

SoftBank books narrower loss after Alibaba stake sell-down

TOKYO: Japan’s SoftBank Group Corp on Thursday posted a sharply narrower annual loss after a capital raise using...

Published 15 May, 2023 06:41am

Business & Finance

SoftBank posts $7.18bn annual loss as Vision Fund slides further

TOKYO: Japan’s SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended...

Published 11 May, 2023 01:15pm

Technology

Indian taxi startup BluSmart picks EV fight with Uber

NEW DELHI: Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country...

Published 19 Apr, 2023 10:47am

Business & Finance

SoftBank’s Arm China profit drops 90pc in 2022

HONG KONG: Chip technology firm Arm China suffered a 90 percent drop in profit last year despite revenue rising more...

Updated 20 Feb, 2023 06:50am

Business & Finance

SoftBank Group reports $5.9bn Q3 loss on tech slump

TOKYO: Japan’s SoftBank Group on Tuesday reported a surprise $5.9 billion net loss in the third quarter, as a ...

Published 13 Feb, 2023 05:57am

Technology

SoftBank CEO Son lifts stake to own more than a third

SoftBank Group Corp’s billionaire chairman and chief executive officer, Masayoshi Son, has raised his stake in the...

Published 08 Dec, 2022 09:56am

Business & Finance

SoftBank posts Q2 net profit after Alibaba share sales

TOKYO: Japan’s SoftBank Group on Friday posted a net profit in the second quarter, with big gains from its recent...

Published 14 Nov, 2022 07:32am

Technology

India to press Apple, Samsung for faster 5G software upgrades in phones

NEW DELHI: India’s government will push Apple, Samsung and other mobile phone manufacturers to prioritise rolling...

Published 11 Oct, 2022 02:12pm

Technology

SoftBank looks to form a ‘strategic alliance’ between Arm and Samsung

TOKYO/SEOUL: SoftBank Group Corp founder and CEO Masayoshi Son said on Thursday he plans to meet with Samsung...

Published 22 Sep, 2022 12:02pm

Business & Finance

SoftBank's sale of chip group Arm scrapped over regulator challenges

TOKYO: Japan's SoftBank confirmed Tuesday the collapse of a $40 billion deal to sell chip business Arm to Nvidia...

Published 08 Feb, 2022 12:50pm

Markets

Crypto exchange FTX valued at $32bn as SoftBank invests

LONDON: Major cryptocurrency exchange FTX raised $400 million from investors including SoftBank at a valuation of ...

Published 31 Jan, 2022 08:30pm

Markets

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

NEW YORK: Softbank-backed Brazilian company 2TM, which runs Latin America's largest cryptocurrency exchange Mercado...

Published 12 Jan, 2022 12:15pm

Business & Finance

Mobile payments firm Paytm kicks off India’s biggest IPO

MUMBAI: India’s biggest-ever initial public offering opened Monday with digital payments platform Paytm looking to...

Published 09 Nov, 2021 04:48am

Markets

Mobile payments firm Paytm kicks off India's biggest IPO

MUMBAI: India's biggest-ever initial public offering opens Monday with digital payments platform Paytm looking to...

Published 08 Nov, 2021 09:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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