News

HSBC and Google Cloud will jointly build and deploy AI capabilities across HSBC's global operations, targeting more than 200 new AI use cases over the next two years, each of which HSBC estimates could return more than $100 million in direct revenue gains or efficiency improvements.

Allianz Global Investors (AllianzGI) announced Tuesday the first close of Allianz Asia Pacific Secured Lending Fund III (AAPSLF III), securing commitments of $744 million.

Google Cloud has on Tuesday named veteran tech executive Karim Siregar as Country Director for Indonesia.

As many as 87 percent of investors in Asia Pacific expect greater market volatility over the next year, with only 5 percent planning to maintain their existing strategic allocations, according to Schroders' Global Investor Insights Survey 2026.

The Monetary Authority of Singapore (MAS), Clifford Capital, and the Private Infrastructure Development Group (PIDG) announced Wednesday that the Energy Transition Acceleration Finance partnership (ETAF) has achieved its first close with $250 million in committed capital for its displacement strategy.

Malaysia and China have agreed to deepen cooperation in science, technology and innovation (STI), with both countries expanding collaboration in emerging technologies such as artificial intelligence, biotechnology, renewable energy and advanced materials.

Vietnam's Ministry of Science and Technology has proposed establishing a National Venture Capital Fund with an initial capital of $100 million for the 2026-2028 period.

Google Cloud announced Tuesday the appointment of Saruj Thipsena as Country Manager of Thailand, who will lead the company’s go-to-market strategy, customer and partner engagement, and business operations.

Agentic commerce, bank-backed wallets, and Click to Pay are the three technologies expected to have the most significant impact on consumer payments over the next 12 months, according to the Consumer Payments Tech Horizon report, released by Juniper Research.

ChemT Biotechnology, an AI-driven biotechnology company based on Singapore, has closed a $4 million seed round led by Wavemaker Ventures and co-investment partner SEEDS, an arm of SG Growth Capital, with support from Wavemaker 360 Health, Draper University Ventures, and Temasek Life Sciences Accelerator.