The China business is the exclusive distributor of Arm chip technology in China and develops and sells its own chip designs based on Arm

Bao Fan, one of China's most high-profile investment bankers, has gone missing, his bank says, amid speculation he has been taken into custody.

Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker

Equities fell in most Asian markets and currencies were hit Wednesday, after the dollar firmed on sticky US inflation data, which cemented fears of more rate hikes by the Fed

It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock

Regulators are said to be probing the sharp sell-off in Adani Group companies, while also looking into trade patterns and any potential irregularities in its now-shelved share sale

Chinese tech giant's sell-out comes days after Paytm posted its first-ever quarterly operating profit. Meanwhile, Morgan Stanley Asia bought 5 million Paytm shares in trading on Friday

Google's AI chatbot Bard, touted as a competitor to ChatGPT, shared inaccurate information in a promotional video

This is the second time in a week that Berkshire Hathaway reduced its stake in the Chinese electric vehicle maker

Shares of Adani Enterprises were down 11%, while stocks of five other group firms – Ambuja Cements, Adani Power, Adani Transmission, Adani Total Gas and Adani Green were down 5% to 9%

The results are likely to make investors even more keen to see an initial public offering (IPO) of British chip designer Arm

Shares of the group's flagship rose after news Adani will repay some loans, while analysts suggest assets could be sold or spending plans deferred to bolster credibility