News

China’s battery manufacturers’ technology and cost leadership should keep them as beneficiaries of the global energy transition following the Iran conflict and related supply shocks, said Fitch Ratings.

Grab Holdings Ltd.'s proposed acquisition of Delivery Hero SE's Foodpanda delivery business in Taiwan will have little impact on its credit profile, S&P Ratings said Wednesday.

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.

Singapore-based blockchain firm Startale Group announced Wednesday the second close of its Series A round, securing $50 million from SBI Group, Inc.

Business development companies (BDCs) and wealth managers are the most vulnerable sectors to artificial intelligence (AI)-driven credit risks within financial institutions, Fitch Ratings said Monday.

Malaysia-based Catcha Digital Berhad announced Wednesday that it has inked a deal to acquire Malaysian International Food & Beverage Trade Fair (MIFB), a food and beverage trade event for a cash consideration of MYR 3.97 million.

Binance, among the largest cryptocurrency exchanges in the world, is recruiting a General Manager for its office in Vietnam.

The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.

Green Xentro has launched the initial phase of a 2,500-unit fleet of fully electric (BEV) taxis in Rizal province, under a strategic partnership with the mobility platform Green GSM.