Duc Dao

Granite Asia, a Singapore-based investment firm, has surpassed the $500 million target for its Pan-Asia private credit fund, Libra Hybrid, drawing new commitments from a leading insurer, DBS Private Bank, and other institutional investors.

The United States-based payment network Visa has joined BLOOM, an initiative led by the Monetary Authority of Singapore (MAS) to enable interoperability between traditional payment systems and stablecoin-based payment rails.

STMicroelectronics, an European chipmaker, and the National University of Singapore (NUS) launched a research lab to develop energy-efficient semiconductors for edge AI, the processing of AI tasks on or near a device rather than in the cloud.

The UAE-based Fasset, a stablecoin-based digital banking platform, has raised $68 million in a Series C funding round that valued it at $1 billion, led by Japan's SBI Group.

Jardine Cycle & Carriage (JC&C), a Singapore-incorporated company, will sell its Cycle & Carriage automotive business in Singapore and Malaysia to CCHPL Holdings, a wholly-owned subsidiary of Indonesia's PT Chandra Asri Pacific, for an estimated S$265 million ($207 million).

South Korea's chaebol Samsung Electronics posted consolidated revenue of $205.6 billion for the first half of 2026, up 98.7 percent year on year, according to its semi-annual reported filed with the Korea Exchange (KRX).

Paywatch, a Malaysian financial-technology company that lets employees draw wages they have already earned before payday, has partnered with IMU Healthcare to launch MediPay, a feature allowing workers to pay for medical and wellness services using those earned wages.

NVIDIA proposed four areas of AI cooperation to Vietnam, including helping the country build its own large language model and expand its computing capacity, said Vikram Rao, NVIDIA's vice-president for ASEAN.

DayOne Data Centers, a Singapore-headquartered digital infrastructure company, has secured a four-year, S$530 million ($415 million) green loan from the Singapore banks DBS, OCBC and UOB to fund its first data center in the country.

The Singapore Police Force (SPF) has disrupted more than 30,000 Apple iMessage accounts linked to a scam campaign that has caused about S$2.2 million ($1.7 million) in losses.