News

Allfunds says its HSBC-backed same-day settlement service for Hong Kong-domiciled money market funds went live in August 2026.

GSK agreed to acquire global rights to a Chimagen multiple myeloma program in a deal with an undisclosed upfront fee and contingent payments totaling up to $750 million.

Grab signed an agreement to buy 60% of Atome Financial for $1.49 billion in cash, with the first closing expected by the third quarter of 2027, subject to approvals.

Jumio has expanded selfie.DONE across Asia-Pacific, offering previously verified users a selfie-first path through identity checks while retaining risk controls.

Flam raised $40 million in a QED Investors-led Series B to develop interactive AI content tools and expand enterprise sales, with activity in India and Southeast Asia.

Japan's Ricoh has invested in Intellect, a Singapore-based workplace mental-health platform, through its corporate venture-capital fund, in the fund's first deal.

China's AlphaPai, an AI assistant for investment research, has raised $50 million in a Series B round backed by major Chinese financial institutions, its third funding round in a year.

Dutch chip-security startup Fortaegis Technologies has raised $50 million in an oversubscribed Series A round led by Singapore-based Serendipity Capital, to move its silicon-based "Secure Compute" technology into commercial production.

Google Cloud has opened a Singapore Engineering Center linking AI research, cloud product development and enterprise deployment across Southeast Asia.

TrueMoney is using Fireblocks embedded-wallet infrastructure for THBT Phase 2, a Thailand blockchain-payment pilot operating within regulatory sandboxes.