Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence.

Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,

SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a

World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.

Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets

Jack Ma, a cofounder of Chinese e-commerce giant Alibaba Group, will be a visiting professor ... and financial systems in a speech in Shanghai. Ma kept a low profile for several years and traveled ...

SoftBank wasn't the only Asian company moving on the news. Foxconn Industrial Internet (CN:601138), a maker of cloud computing equipment - including for Oracle - reached the limit up in the morning session in Shanghai. Hochtief (XE:HOT), whose Turner subsidiary is one of the largest data-center contractors, edged up 1% in Frankfurt trade.

China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy Bain and Company said at the launch of its latest 'China Luxury Report' on Tuesday.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than

Among individual stocks, UnitedHealth Group (UNH) tumbled 6.04% after missing ... The CSI 300 edged 0.01% higher, while the Shanghai Composite dipped by 0.07%. Friday’s trends underscored ...

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.