News
VinFast revenue rises 85% to $1.2B in Q2/2026, loss widens to $1.2B
VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.
Thailand’s food company Betagro takes majority stake in digital food supply platform Freshket
Betagro, a Thai integrated food company, has acquired a majority stake in Freshket, a digital food supply platform for the hotel, restaurant, and catering sector.
METiS TechBio signs $1.1B AI drug-delivery deal with Eli Lilly
METiS TechBio and Eli Lilly will develop tissue-targeted RNA delivery systems in a collaboration carrying up to about $1.1 billion in milestones.
Tenstorrent raises $1.5B Series E at $6.2B valuation
Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.
Singapore Singtel, Sweden Ericsson to jointly scale 5G, AI-native networks
Singtel and Ericsson have signed a five-year strategic partnership to expand Singapore's 5G Advanced capabilities, accelerate AI-native applications, and build more reliable connectivity for businesses and consumers.
UK’s Primary Health Properties expects £0.5B from Singapore’s GIC hospital venture to cut debt
The UK-based Primary Health Properties expects about £0.5 billion ($670 million) in net cash from a joint venture with Singapore’s GIC, a sovereign wealth fund, and will use the money to cut debt.
Japan’s SBI, Singapore’s Startale join Open Standard to explore yen-dollar stablecoin link with JPYSC, OUSD
SBI Holdings, the Japanese financial services group, and Startale Group, a Singapore-registered Web3 infrastructure developer, have joined Open Standard, an alliance backing the U.S. dollar stablecoin Open USD (OUSD).
France’s Alstom books €800M for Vingroup’s Hanoi metro trains
France’s Alstom has secured a first-tranche order worth about €800 million ($910 million) for metropolis metro trains within Hanoi's urban rail projects, the French rail-technology company said.
Governance, accountability key to scaling AI-driven autonomous payments – UOB
The future of artificial intelligence (AI)-driven autonomous payments will depend less on advances in artificial intelligence (AI) than on how effectively financial institutions govern the technology, with clear accountability, security controls and interoperability needed to build trust, UOB Global Economics & Markets Research said in a recent report.
AI capex boom remains an important growth driver for APAC 2027 growth – BMI
The artificial intelligence (AI) investment cycle remains the key positive driver of Asia-Pacific growth in 2027, BMI Country Risk and Industry Research said on last Thursday.
