News
Asean Power Grid projects could attract more Chinese investor interest in 2026
Clean-power manufacturers from China have been expanding in Indonesia, could seize more opportunities with cross-border projects[SINGAPORE] China’s clean-power players and investors are poised to expand their footprint in South-east...
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans [SINGAPORE] Singapore-headquartered investment firm January Capital on Monday (Dec 15) announced the final close...
Wall Street sees an AI bubble forming and is gaming what pops it
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom[NEW YORK] It has been three years since OpenAI set off euphoria over...
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
[NEW YORK] ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would represent...
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening[KARACHI] Pakistan has signed a memorandum of understanding with crypto exchange Binance...
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently accessNVIDIA has told Chinese clients it is...
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
[BENGALURU] Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to...
Chinese AI euphoria obscures a gloomier technological reality
Washington and its allies are not supplying the country with the gear required to make the most sophisticated AI chips[TAIPEI] Moore Threads Technology’s phenomenal debut this month, China’s most...
Bitcoin hoarding company Strategy remains in Nasdaq 100
[BENGALURU] Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday (Dec 12), continuing its year-long stint in the benchmark at a time where analysts...
Trump signs order to limit state AI regulations, with California in the crosshairs
The battle between California and the White House escalated as President Trump signed an executive order to block state laws regulating artificial intelligence. The president’s power move to try...
