News

US SEC charges cryptocurrency platform Coinbase a day after suing Binance

The US Securities and Exchange Commission (SEC) on Tuesday charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange,…

MHI inks MoU with TNB Genco on clean energy technologies to drive decarbonization in Malaysia

Japanese industrial group Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's power producer TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of…

NTU Singapore, Delta Electronics set up $18M corporate lab for advanced robotic technologies

Nanyang Technological University (NTU Singapore) and Delta Electronics, a Taiwan-based provider of internet of things (IoT)-based smart green solutions, have established the SGD…

Indian EV startup River raises $15M in funding deal led by Al Futtaim

Indian electric vehicle (EV) manufacturer River has raised a $15 million investment round led by Dubai's multinational powerhouse, Al Futtaim Group. River said in a statement on…

India’s Course5 Intelligence completes fund raise of $53M with second close led by Nuvama Private Equity

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence, announced Tuesdasy that it has successfully completed its round of funding of $53…

TuSimple’s autonomous trucks commence testing on expressway in Japan

TuSimple Holdings, Inc. (TuSimple), a global autonomous driving technology company, has on Monday announced it has begun Level 4 autonomous test runs on Japan's most critical…

Circle Singapore secures major payment institution license

Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a major payment institution (MPI) license from the…

Malaysian preventive healthcare provider DrPrevents aims to secure $870,000 via ECF

DrPrevents, a provider of preventive healthcare services in Malaysia, is launching its first equity crowdfunding (ECF) campaign via MyStartr. Open from June 20 to July 21, 2023,…

Generative AI to become a $1.3T market by 2032, research finds

With the influx of consumer generative artificial intelligence (AI) programs like Google’s Bard and OpenAI’s ChatGPT, the generative AI market is poised to explode, growing to…

Singaporean digital private debt platform Kilde raises $1.12M seed round

Kilde, a digital private debt platform based in Singapore, announced Tuesday that it had received a $1.12 million seed round investment from Big Sky Capital, Borderless Capital,…