The partnership formed by Oracle, OpenAI and SoftBank is due to invest up to $500 billion. SoftBank's shares rose 3.7% on Thursday in Tokyo trading after jumping 11% the day before. Elsewhere in Asia, the S&P/ASX 200 in Australia fell 0.6% to 8,383.50, while the Kospi in Seoul lost 0.8% to 2,526.98.
Finance Minister Pichai Chunhavajira has vowed to push for an emergency decree to grant the Securities and Exchange Commission (SEC) increased authority to punish offenders.
BANGKOK — The Chinese government is ... to A-shares every year,” said Wu Qing, chairman of the China Securities Regulatory Commission. The announcement followed a meeting of top financial ...
Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the country's markets.
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.
Asian shares are mixed after China rolled out more moves to boost its lagging stock markets. Hong Kong fell while Shanghai's benchmark gained 0.5%. Officials in Beijing said pension funds
The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums.
“This means that at least several hundred billion yuan of long-term funds will be added to A-shares every year,” said Wu Qing, chairman of the China Securities Regulatory Commission. The ...
BANGKOK--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.
BANGKOK (AP) — The Chinese government ... into share markets beginning this year. The head of the securities regulatory commission said the moves will add “several hundred billion yuan ...
Jirayut "Topp" Srupsrisopa, founder and Group CEO of Bitkub Capital Group Holdings Co, emphasised Thailand's growing prominence in the digital asset and blockchain sector during his participation at the World Economic Forum (WEF) 2025 in Davos,
A view of the headquarters of China Securities Regulatory Commission in Beijing. [CHINA DAILY] As regulators unveil more guidelines and policies to stabilize stock markets and economic growth, market mavens have expressed greater optimism regarding the ...