News
Samsung invests $110M in healthcare firm GRAIL to expand cancer test into Korea, Asia
The United States-based healthcare firm GRAIL has closed an equity financing deal in which Samsung affiliates, including Samsung C&T Corporation, invested $110 million through the purchase of GRAIL common stock at $70.05 per share.
Foxconn to invests $91.6M more across Singapore, India, Mexico
Taiwan-based electronics giant Hon Hai Precision Industry (Foxconn) will invest $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings of Foxconn with the Taiwan Stock Exchange (TWSE) this week.
MAS, ABS chart instant payments enhancements with PayNow Generation 2 study
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced Thursday they will be exploring four areas of enhancements to Singapore's national instant payments infrastructure as part of a PayNow Generation 2 (PayNow Gen2) study.
Swedfund invests $15M in Navegar Fund III to boost companies financing in the Philippines
Swedfund announced Thursday that it has committed $15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines.
Lion invests $12M in Indonesian stablecoin and digital financial infrastructure firm Nusantara Bumi Sangkara
Lion Group Holding Ltd., an operator of an all-in-one trading platform and digital asset treasury holder, has announced an investment of $12 million in PT Nusantara Bumi Sangkara, an Indonesia-based technology company focused on digital financial solutions, including the issuance of the Indonesian Rupiah-pegged stablecoin NIDR.
Playground Global, Matter Venture Partners join $117M NUS VC Program to tap Singapore’s deep tech ecosystem
US-based venture capital (VC) firms, Playground Global and Matter Venture Partners, have partnered with NUS Enterprise, the entrepreneurial heart of the National University of Singapore (NUS), to join its $117 million NUS VC Program.
Singapore establishes Future of Finance Institute to scale financial innovation
The Monetary Authority of Singapore (MAS) announced Thursday that a Future of Finance Institute (FFI) will be established to accelerate the adoption of new financial technologies and catalyze innovation in the financial sector.
Huawei unveils AI-centric network strategy at MWC Shanghai 2026
Huawei has launched an AI-centric target network designed to help carriers monetize both data traffic and AI tokens, alongside a wide range of service and infrastructure innovations unveiled at MWC Shanghai 2026.
Airwallex raises $320 million Series H, valuation jumps to $11B
Airwallex, the Australian-founded financial platform, has raised $320 million in Series H funding, bringing the company's valuation to $11 billion, up from $8 billion in December 2025.
Jungle Ventures aims to help startups beyond unicorn status [interview]
Karissa Adelaide, Principal at Jungle Ventures, said to TNGlobal in an interview that the real prestige of a company after it hits a billion-dollar valuation is not which exit it takes, but whether its foundation is strong enough to further develop based on those outcomes
