Duc Dao

Crypto services in Vietnam must report suspicious cases to central bank

Crypto-asset services in Vietnam will have to report suspicious transactions to the State Bank of Vietnam, or the country's central bank, according to the newly-approved amendments to law on anti-money laundering and banking.

Australia’s venture capital Blackbird raises $680M for region’s largest venture fund

Blackbird, among the largest venture capital firms in Australia, has raised A$1.05 billion ($680 million) for its sixth fund, the largest venture capital fund-raising recorded in Australia and New Zealand.

Stablecoin card spending passes $10.9B as sector matures: RedotPay

Consumers have spent more than $10.9 billion using payment cards linked to stablecoins, Hong Kong-based card company RedotPay quoted data from Paymentscan as saying.

Granite Asia raises over $500M for Pan-Asia private credit fund Libra Hybrid

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.

Visa joins Singapore’s stablecoin project, to pilot 7-day settlement with Nium

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, NUS launch four-year lab to develop energy-efficient edge AI chips in Singapore

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.

UAE’s Fasset raises $68M Series C at $1B valuation, led by Japan’s SBI

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.

JC&C to sell Singapore, Malaysia car business to Indonesia’s Chandra Asri for $207M

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).

Samsung posts record $205.6B revenue in H1/2026, semiconductors deliver $96.2B or 97% of operating profit

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).

Malaysia’s Paywatch, IMU Healthcare launch MediPay for paying medical bills from earned wages

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.