News

RoboTechnik seeks up to $660M in Hong Kong share sale

China’s RoboTechnik Intelligent Technology is seeking up to about HK$5.18 billion ($660 million) in a Hong Kong share sale, with trading expected September 29.

Canada’s Enablence raises $18M to expand optical-chip output in Vietnam with Foxconn unit

Canada's Enablence Technologies has raised C$25 million ($18 million) to expand production of optical chips at its California plant and a Vietnam facility run in collaboration with ShunYun Technology, an unit of Taiwan's Foxconn.

China’s CXMT eyes NAND flash expansion as AI drives memory shortage

China’s CXMT is preparing an R&D production line for NAND flash memory, broadening beyond DRAM as AI infrastructure contributes to a global memory shortage.

Singlife says Salesforce AI agents cut handling time 30%, training time by half

Singlife says its Salesforce-powered AI agents are producing measurable customer-service gains, including 30 percent lower handling time and 50 percent shorter training for new hires.

Ant International rolls out AI-native stack across payments, FX, treasury and credit

Ant International has unveiled an AI-native financial stack spanning payments, accounts, FX, treasury, credit and merchant growth across its Alipay+, Antom, WorldFirst and Bettr businesses.

Korea’s ITM Semiconductor recovers $2.5M out of $9.3M embezzlement in Vietnam

South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.

Singapore’s Thunes launches cross-border payouts across six new Middle East markets

Thunes, the Singapore-based payment firm, has announced a major expansion of its Direct Global Network across the Middle East.

Singapore’s dtcpay extends $25M Series A funding round with SBI investment

Dtcpay, a Singapore-based payment, announced Friday the extension of its $25 million Series A funding round with SBI Group as its strategic investor.

Green SM launches electric motorbike service in Indonesia

Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.

ResponsAbility commits up to $25M to back Verdant Energy’s renewable energy growth across Thailand

Switzerland-based investment firm responsAbility will provide up to $25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand.