Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...

SoftBank Group Corp on Wednesday swung to a loss of 369.16 billion yen ($2.4 billion) in the third quarter of FY24 as shares ...

In testimony to Congress, Fed Chair Jerome Powell stressed the U.S. central bank is in no rush to cut interest rates. His ...

Former Google chief Eric Schmidt has warned that western countries need to focus on building open-source artificial ...

Also in today’s newsletter, PwC sheds 66 partners after China audit ban, and Israel threatens to resume war against Hamas ...

Hong Kong led the way with a 2.6 per cent rally on Chinese tech, EV and AI stocks. Alibaba rallied 8.5 per cent on reports of a partnership with Apple to develop AI for iPhones in China. BYD, the EV ...

Telco leader PLDT Inc. will further boost its capacity this quarter through a subsea cable that connects the Philippines to its neighboring countries in Asia Pacific.

Hang Seng rallies 2.02% as AI hype lifts tech stocks, offsetting US tariff concerns. Nikkei and ASX rise on a weaker yen and ...

One Wall Street analyst believes Tesla CEO Elon Musk’s gambit for OpenAI is a distraction for the company at a very important time.

By Chuck Mikolajczak and Rae Wee NEW YORK/SINGAPORE (Reuters) -Stocks rose and U.S. Treasury yields firmed on Wednesday as ...

Toyota Motor Corp. and Mitsubishi Heavy Industries Ltd. have banned their employees from using a generative artificial intelligence model developed by Chinese startup DeepSeek, officials said ...

The IFR analyzes how robotics R&D strategies differ between China, Japan, Korea, the European Union, and the U.S.