Jim Pollard


Major banks named in US Treasury leaks 'scandal'

Major banks named in US Treasury leaks 'scandal'

Major global banks have been accused of moving large sums of illicit money for many years, in spite of warnings about the sources of the cash, according to investigative journalists, who have cited confidential documents submitted to the US Treasury.The latest expose by the International Consortium of Investigative Journalists (ICIJ) ...

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SoftBank sells chip designer Arm to Nvidia in $40bn deal

SoftBank sells chip designer Arm to Nvidia in $40bn deal

SoftBank Group said on Monday it has agreed to sell Arm, the British chip design firm, to Nvidia Corp for as much as $40 billion. The deal is one of the biggest of the year and will put the American group at the forefront of the semiconductor sector, if it ...

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Nvidia 'offering $40 billion+ for chip designer Arm'

Nvidia 'offering $40 billion+ for chip designer Arm

Californian company Nvidia has made a bid to buy Arm Holdings from SoftBank, the Japanese investment group. The move would ensure that the British chip designer is controlled by American interests at a time of high Sino-US tension over the production and use of semiconductors.Nvidia is known for its graphics ...

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Temasek 'eyeing stake in Ant IPO'

Temasek 'eyeing stake in Ant IPO'

Singapore state investment body Temasek Holdings is reportedly considering an investment in the initial public offering of Chinese financial technology company Ant Group.There is a lot of attention on the IPO, because it could be the world's biggest ever. Recent reports have said the dual listing in Hong Kong and ...

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Japanese investors rattled by news of Abe resigning

Japanese investors rattled by news of Abe resigning

News that Japan's long-running Prime Minister Shinzo Abe will step down hit Tokyo's stock market hard because of fears of instability and the possibility of changes to the government's market-friendly policies.Abe, who will be 66 in three weeks time, confirmed media reports on Friday that he would resign because of ...

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China probe into Australian wine follows claims of 'spying'

China probe into Australian wine follows claims of 'spying'

News that China plans to launch a probe into Australian wine imports coincides with calls for the Morrison government to clamp down on Chinese spying on a navy shipbuilding facility near Adelaide.Australia's Defence Department said recently that foreign agents were "highly active" in the country and that they are concerned ...

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Microsoft gets six weeks to negotiate TikTok deal

Microsoft gets six weeks to negotiate TikTok deal

(ATF) President Donald Trump has given Microsoft six weeks to negotiate a deal to take over the operations of TikTok from Chinese conglomerate Bytedance – in the US and several other countries.Trump had threatened to ban the popular mobile app, because of "national security" concerns about the large quantity of ...

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