Qualcomm shares jumped 13% in premarket trading on Monday after an analyst said OpenAI was working with the chip designer and Taiwan's MediaTek to develop smartphone processors.
Citigroup will further bolster its Japan and China investment banking teams by adding selective senior bankers while aiming to win more cross-border merger and acquisition deals, the bank's Asia investment banking head told Reuters on Monday.
South Korea's Samsung Electronics will withdraw the sale of its home appliances and TV sales business from China within this year, the Nikkei newspaper reported on Monday.