News

Chinese consumers favor digital payments for cross-border transactions, Thunes report finds

Chinese consumers increasingly rely on digital payment platforms for domestic and cross-border transactions, while high fees and settlement delays remain key pain points, according to a recent report by Thunes and Juniper Research.

Autodesk, JTC inks deal to advance next generation of digital delivery in Singapore’s built environment

Autodesk and JTC Corporation announced last Friday the signing of a memorandum of understanding (MOU) to explore artificial intelligence (AI)-enabled digital transformation across the built environment project lifecycle, with a focus on connected data, intelligent project delivery and interoperable digital workflows.

Grab revenue rises 27% to $1.1B in Q3, adjusted EBITDA hits record $237M

Grab Holdings, known for Southeast Asia's superapp Grab, reported third-quarter 2026 revenue of $1,112 million, up 27 percent from a year earlier.

Capital.com enters Singapore with MAS capital markets licence

Capital.com's Singapore unit has received a MAS capital markets licence and plans to begin onboarding local clients in early 2027.

Thunes raises UnionPay payout limit in mainland China to $10,000

Thunes has expanded its UnionPay connection to support instant payouts of up to $10,000 daily to cards across 79 mainland Chinese banks.

HSBC plans Hong Kong AI institute with HKUST for early 2027

HSBC plans to open a Hong Kong AI and emerging technology institute with HKUST as its anchor academic partner in early 2027.

Envision's Galaxy AI data center campus in Ulanqab, China

Envision deploys 800V DC system at China AI data center

Envision says its integrated 800V DC power system is now supporting live AI computing workloads at the Galaxy campus in Ulanqab, China.

Singapore-based RealVantage secures Hong Kong SFC licence to deal in private real estate schemes

Hong Kong-based RV HK Limited, a subsidiary of Singapore-headquartered private real estate investment platform RealVantage, has received a Type 1 licence from Hong Kong’s Securities and Futures Commission (SFC) to deal in securities.

Standards gaps could slow wider adoption of embodied AI, says white paper

The lack of common standards for testing, integrating, procuring and governing embodied artificial intelligence (AI) systems could hinder their wider adoption, despite the technology's potential to improve productivity and address labor shortages, according to a new white paper by ASTM International and Enterprise Singapore (EnterpriseSG).

Ant International completes live cross-bank tokenised deposit transfers with 3 Hong Kong banks under EnsembleTX

Ant International has achieved real-time cross-bank liquidity management with three banking partners in Hong Kong, using tokenised deposits under the Hong Kong Monetary Authority's EnsembleTX program.