News
Elice shares fall in KOSDAQ debut after $151M IPO
South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.
Neolix raises nearly $400M Series E led by Boyu
Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.
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.
