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Malaysia's Axiata says AI unit gets $60 million SoftBank Corp investment

Malaysia's Axiata says AI unit gets $60 million SoftBank Corp investment

SoftBank will own 23 pct of ADA via new shares, with its investment valuing the unit at $260 million, Axiata said in a statement.
Tue May 11 2021
Maezawa wants you: Japan billionaire seeks 'crew' for moon trip

Maezawa wants you: Japan billionaire seeks 'crew' for moon trip

Maezawa originally planned to invite artists for the weeklong voyage slated for 2023.
Wed Mar 03 2021
Grab raises $300 million for fintech arm's ambitious expansion

Grab raises $300 million for fintech arm's ambitious expansion

Grab said this is the first external funding for the fintech business, which has chalked out ambitious plans in insurance, lending, wealth management.
Thu Jan 14 2021
Indonesian Grab, Gojek drivers threaten nationwide protests over merger talks

Indonesian Grab, Gojek drivers threaten nationwide protests over merger talks

Many investors at each of the loss-making companies, notably major Grab backer SoftBank Group founder Masayoshi Son are keen for a merger to pave the way for a public listing.
Tue Dec 15 2020
SoftBank CEO says equity value back at pre-virus levels

SoftBank CEO says equity value back at pre-virus levels

The group was hit with a record annual loss in the year ended March as his tech investments faltered
Thu Jun 25 2020
Alibaba's Jack Ma resigns from SoftBank board

Alibaba's Jack Ma resigns from SoftBank board

Ma's resignation is the latest departure by a high-profile ally of CEO Masayoshi Son.
Mon May 18 2020
Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital

"The next stage of the Information Revolution is under way, and building the businesses that will make this possible will require unprecedented large-scale, long-term investment."
Sun May 21 2017
Grab's record funding shifts Uber battleground to Southeast Asia

Grab's record funding shifts Uber battleground to Southeast Asia

Grab's unprecedented fundraising shows how Southeast Asia is fast becoming a central arena in the global campaign to keep Uber Technologies at bay.
Thu Sep 22 2016
Tokyo stocks open lower after losses in US, Europe

Tokyo stocks open lower after losses in US, Europe

Tokyo stocks opened down more than one percent on Monday following sharp losses on financial markets in Europe and on Wall Street.
Mon Feb 08 2016
Netflix set to tap Bollywood-mad India in pursuit of global viewers

Netflix set to tap Bollywood-mad India in pursuit of global viewers

Netflix Inc's global expansion is set to reach movie-mad India, industry executives said, where high-speed Internet connectivity is rapidly spreading among a vast population.
Wed Jan 06 2016
Yahoo! Japan shares surge after cancels $3.2 bn eAccess deal

Yahoo! Japan shares surge after cancels $3.2 bn eAccess deal

Shares in Internet giant Yahoo Japan surged in Tokyo after it cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp.
Tue May 20 2014
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024