News

New Relic survey points to gaps in financial-sector AI monitoring

New Relic’s 2026 financial-services observability report links compliance and AI governance to increased monitoring demand.

ShopBack adds TADA ride-hailing to ShopBack Pay in Singapore

ShopBack and TADA have partnered to let eligible Singapore riders pay for trips through ShopBack Pay and receive cashback.

Sunway plans trials of autonomous buses, driverless logistics and electric aircraft in Malaysia

Sunway is exploring trials involving WeRide autonomous buses, Neolix delivery vehicles and AutoFlight electric aircraft, subject to approvals.

Vingroup-affiliated GSM VN Holding dilutes Hong Kong holder to 36% as capital reaches $2B

Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.

Vietnam’s FPT, France’s Quandela to jointly build quantum ecosystem

Vietnam's tech giant FPT and Quandela, a French photonic quantum computing company, will jointly develop quantum technology cooperation and support Vietnam's quantum ecosystem.

Thunes and Coinbase join forces to drive next generation global payments

Singapore payment firm Thunes and US cryptocurrency firm Coinbase announced Monday a strategic collaboration to drive the next generation of global payments.

ABB pays $495M for 51% of APAC low-voltage JV with Mitsubishi Electric

ABB will pay JPY79 billion ($495 million) for a controlling 51 percent stake in a new Asia-Pacific low-voltage joint venture with Mitsubishi Electric’s power distribution business.

Elice shares fall in KOSDAQ debut after $151M IPO

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Neolix raises nearly $400M Series E led by Boyu

Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.

VinFast revenue rises 85% to $1.2B in Q2/2026, loss widens to $1.2B

VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.