Asia investor optimism dwindles on US policy uncertainty, China’s struggles- BofA
Investing.com– Investor sentiment in Asia has dampened as markets seek clarity on Donald Trump’s administration policies and navigate China’s uneven economic recovery, according to Bank of America’s (BofA) latest Asia Fund Manager Survey. Conducted from January 10-16, 2025, the survey gathered
Indonesia fines Google $12 million for unfair business practices
JAKARTA (Reuters) – Indonesia’s antitrust agency on Tuesday ordered Google to pay fines about 202 billion rupiah ($12.37 million) for unfair business practices related to its payment system services for Google Play Store, its software distribution platform. The agency launched an
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
By Stephen Nellis and Krystal Hu (Reuters) – Microsoft (NASDAQ:MSFT) on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (NYSE:ORCL) and Japan’s SoftBank (TYO:9984) Group to
Japan hunts for dual-use goods makers to aid military expansion
By Kaori Kaneko TOKYO (Reuters) – Kyoto-based Mitsufuji got its start nearly 70 years ago as a weaver of decorative belts for kimonos. One day soon, it could be spinning high-tech fibres to shield fighter jets from electromagnetic interference. The company, whose
SoftBank shares jump on OpenAI partnership for $500 bln venture
Investing.com– SoftBank Group Corp (TYO:9984) shares rose sharply in early trading on Wednesday, after the company announced its participation in a major artificial intelligence (AI) partnership with OpenAI and other technology giants. The partnership, part of a $500 billion initiative dubbed