News
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 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.
Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension
Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).
Binance in talks for Malaysian licence after five-year absence – report
The crypto exchange is in talks on the “viability and structure of licensed business model in Malaysia”, the spokesperson added.
Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M
Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.
Animoca Brands receives ADGM final permission to manage collective investment funds
Animoca Asset Management (AD) Limited, a subsidiary of Hong Kong-based Animoca Brands, has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to manage collective investment funds in or from the financial center.
Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform
Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.
