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SoftBank profit quadruples to $32 bn on AI investments
China tech giant Tencent sees Q1 profit jump after AI bets
China tech giant Tencent sees Q1 profit jump after AI bets

Chinese tech firm Tencent reported a 21 percent jump in quarterly net profit Wednesday as the video game giant bets big on the booming artificial intelligence sector.

May 13, 2026

RECENT NEWS

Nissan expects return to profit after huge loss
Nissan expects return to profit after huge loss

Nissan projected Wednesday a small net profit this year after posting a huge loss for the second year running, with the Japanese automaker saying it has "moved beyond recovery".

May 13, 2026

Asian stocks mixed on US-Iran impasse, AI setbacks
Asian stocks mixed on US-Iran impasse, AI setbacks

Asian stocks were mixed on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks that rattled the boom in AI technology.

May 13, 2026

Besieged Starmer seeks to heal Labour divisions in King's Speech
Besieged Starmer seeks to heal Labour divisions in King's Speech

King Charles III will on Wednesday outline UK leader Keir Starmer's next legislative plans, during a pomp-filled ceremony that could have huge repercussions for the embattled prime minister's future.

May 13, 2026

RECENT NEWS

'Don't understand it, but it looks fun': cricket bowls Japan over
'Don't understand it, but it looks fun': cricket bowls Japan over

Curious spectators clutching rulebooks watch as a batsman smacks a six into the sand and weeds surrounding Japan's brand-new cricket ground, four months before it hosts matches at the Asian Games.

May 13, 2026

RECENT NEWS

Don't mention the war: Tucson prepares to welcome Team Iran for World Cup
Don't mention the war: Tucson prepares to welcome Team Iran for World Cup

In the Strait of Hormuz, US warships menace Iran's oil tankers, while in Washington President Donald Trump demands "complete victory." But in Tucson, they're getting ready to welcome the Iranian football team as if nothing were amiss.

May 13, 2026