News
XTransfer gets initial UAE approval for payment services license
XTransfer has secured in-principle approval for a UAE retail payment services license, subject to completing the central bank's pre-issuance conditions.
Hitachi Vantara reports 32 percent APAC revenue growth
Hitachi Vantara said Asia-Pacific revenue rose 32 percent in its first fiscal quarter, led by a 61 percent increase in regional storage revenue.
Pencil Finance completes $1M on-chain student loan cycle
Pencil Finance says its first $1 million student loan bundle completed an on-chain cycle, with principal and yield returned to funders.
Paydibs launches sales-linked financing for Malaysian merchants
Paydibs has launched a six-month merchant financing service in Malaysia with repayments linked to weekly payment settlements and transaction activity.
Nvidia agrees to acquire Hugging Face for $12.93B
Nvidia has agreed to acquire Hugging Face for $12.93 billion, extending its reach into the global ecosystem for open AI models, datasets and developer tools.
TDCX opens AI-enabled Foshan campus for Greater Bay Area clients
TDCX has opened its sixth China center in Foshan with about 100 positions and AI-assisted customer experience services for Greater Bay Area clients.
OpenAI releases GPT-6 Astra with critical cyber capabilities
OpenAI has released GPT-6 Astra, its first broadly deployed model rated Critical for cybersecurity capability, alongside a $1 billion defense initiative.
KKR to buy minority stake in Malaysia’s Avisena Healthcare, to expand flagship hospitals
The United States-based investment firm KKR has agreed to buy a minority stake in Malaysia's Avisena Healthcare, a private hospital operator.
SEA’s blockchain technology sector raises $6.2B in all-time equity funding across 1,323 firms – Tracxn
Southeast Asia’s blockchain technology sector has raised $6.2 billion in all-time equity funding across 1,323 funded companies year to date, including $680 million in 2026 year to date, Tracxn said on Thursday.
Data centers can catalyze infrastructure upgrades: APDCA
The Asia-Pacific Data Center Association (APDCA) has launched a new white paper titled Data centers as catalysts for infrastructure modernization in APAC, highlighting how data centers are helping to strengthen the energy and water systems needed to support Asia-Pacific’s future development.
