News

ST Engineering plans to open a Singapore center in early 2027 to assess and strengthen autonomous vehicles, drones, robots and cyber-physical systems.

India's Zetwerk is seeking a valuation of up to $2.64 billion in a $518 million IPO scheduled to open for public subscription on October 15.

The International Monetary Fund (IMF) projects global growth will slow to 3.1 percent in 2026 before recovering to 3.4 percent in 2027, while within Southeast Asia, Vietnam at 8.4 percent growth and Malaysia at 5.2 percent can lead the region.

The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

Infineon has completed its acquisition of Bengaluru-based C2i Semiconductors, adding digital power-management expertise for AI data centers.

Japan's Sumitomo Bakelite will expand production capacity for advanced semiconductor encapsulation materials for chip production at its plants in Suzhou, China, and Singapore, installing new production lines at both sites.

Chinese industrial robotics developer Changzhou Microintelligence has passed a Hong Kong Stock Exchange listing hearing, advancing its proposed IPO.

TCGX has closed an oversubscribed $600 million fund to invest across stages in Asia-based biotechnology companies and is opening Hong Kong and Shanghai offices.

Syfe has launched Income+ Max, a Singapore portfolio combining equities, bonds, gold and call options to target 8–10 percent annual distributions.