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SoftBank

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

Technology

SoftBank leads $93mn investment in NFT gaming firm the Sandbox

The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens...

Published 02 Nov, 2021 10:30am

Markets

FTSE 100 at 20-month highs

London: London's FTSE 100 rose for a third straight session on Tuesday, boosted by consumer goods company Reckitt...

Published 27 Oct, 2021 04:50am

Business & Finance

SoftBank-backed Oyo aims for up to $12bn valuation in India IPO

BENGALURU: SoftBank-backed Indian hotel aggregator Oyo Hotels is seeking a valuation of $10 billion to $12 billion, ...

Published 04 Oct, 2021 05:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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