Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

The prime minister’s bumbling answer to a press club question on Australia’s engagement in the AI arms race shows how complacent political and business leaders are.

A preliminary, ongoing probe into the agritech startup, backed by investors including SoftBank Group Corp. and Temasek Holdings Pte, estimates that management inflated revenue by almost $600 ...

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8. ...

Japanese investment conglomerate SoftBank (SFTBY) intends to invest up to $40 billion in OpenAI, leaving another initial backer, Microsoft

Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.

The Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer.

Some of the funding would be used to help cover OpenAI’s $18 billion commitment to the recently announced Stargate project.

Just about a week after the White House announced its new AI Stargate Project, two of the venture's biggest names may become even closer partners. SoftBank reportedly is looking to invest between $15 billion and $25 billion into OpenAI,

A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.

Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September. Benchmarks in Japan and Australia rose Thursday.