News

Refined tungsten of Vietnam’s miner Masan High Tech Materials escapes draft export restriction

Masan High-Tech Materials (MSR), the mining arm under Vietnam's conglomerate Masan, clarified its high-purity tungsten (wolfram) products are not covered by draft export restrictions for minerals.

Apple enters foldable market with $1,999 iPhone Duo

Apple has unveiled the $1,999 iPhone Duo, its first foldable handset, with a 7.6-inch inner display, A20 Pro chip and October 23 release.

NEXTDC seeks A$1.1B through convertible notes for AI data centers

Australian data center operator NEXTDC plans to raise A$1.1 billion through convertible notes to fund its domestic infrastructure pipeline as AI-driven capital spending rises.

Nearly half of reported scam incidents go unresolved across Southeast Asia, undermining digital trust, new GSMA Findings reveal

Nearly half of reported scam incidents go unresolved across Southeast Asia, undermining digital trust, new GSMA Findings reveal on Wednesday.

Shenzhen–Hong Kong–Guangzhou retains top spot in WIPO innovation cluster ranking

Shenzhen–Hong Kong–Guangzhou has retained the top spot in WIPO’s 2026 ranking of the world’s largest innovation clusters.

Universal Quantum picks Singapore for first R&D center outside Europe

Universal Quantum will establish its first dedicated R&D center outside Europe in Singapore, which will also become the company’s Asia-Pacific hub.

Zankore secures up to $3.1B financing for Southeast Asia AI infrastructure buildout

Zankore has signed a senior term loan facility of up to $3.1 billion and is building an initial 100 MW of NVIDIA AI infrastructure in Indonesia.

Hong Kong’s Reap launches ledger for spending bitcoin and other virtual assets by card

Hong Kong-based Reap has launched a Virtual Asset Ledger that lets card-issuing clients make bitcoin and other virtual-asset balances spendable at the point of sale.

Malaysia targets $5B in GDP gains from AI annually: Communications Minister

Malaysia is targeting as much as MYR20 billion ($4.7 billion) a year in additional economic output from artificial intelligence (AI) by 2030 and wants to shift from building data centres to applying AI across its economy.

Singapore data center annual investment to reach $19.2 billion in 2050 – PwC

PwC has forecasted annual data center investment in Singapore to reach $19.2 billion in 2050, in real 2025 prices, up from approximately $7 billion in 2026.