News

Space42 and Viasat signed a binding agreement to form Equatys, with founder equity commitments of up to $1 billion once closing conditions are met.

China's foreign ministry warned against "fear-mongering" over AI after U.S. executives, led by Anthropic's Dario Amodei, called for slowing the technology's development and cautioned that a Chinese lead would threaten U.S. security.

Amilo has completed its fourth acquisition in four years, integrating Vietnam-based cross-border specialist SG Link under the ShipX brand for 220+ destinations.

MBSB Research has maintained its positive stance on Malaysia's renewable energy (RE) subsector, as accelerating data center electricity demand is driving a broader power capacity upcycle across generation, grid infrastructure, RE and battery energy storage system (BESS).

Hanoi police have issued an administrative fine against DXH, a local citizen making post to urge Grab drivers to stop working as a "labor strike" against the Singapore-based ride-hailing service.

Malaysia's digital bank GX Bank Berhad (GXBank) and the International Finance Corporation (IFC), a member of the World Bank Group, will jointly provide loan portfolio of up to $110 million to micro, small, and medium enterprises (MSMEs).

Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.

VinFast has signed agreements with 13 dealer partners to develop 27 new showrooms across the Philippines as it targets a 60-dealership network in 2026.

Z.AI proposes a Hong Kong share placement and a separate convertible-bond issue with combined gross proceeds of about $5 billion, subject to closing conditions.

Green GSM Philippines is holding a September 12 to 14 driver partner festival expected to draw up to 5,000 people, with 1,000 EVs set for handover.