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SoftBank

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

Technology

SoftBank-backed Oyo to file for $1.2bn IPO next week

Oyo did not immediately respond to a request for comment

Published 23 Sep, 2021 11:13am

Business & Finance

SoftBank backs Steven Mnuchin's $2.5 bln private equity fund

In a statement to the FT, SoftBank confirmed it had invested in Mnuchin's private equity firm, but it was unclear how much the Japanese company had contributed to the fund

Published 22 Sep, 2021 11:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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