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Grab Holdings Ltd.'s proposed acquisition of Delivery Hero SE's Foodpanda delivery business in Taiwan will have little impact on its credit profile, S&P Ratings said Wednesday.

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.

Singapore-based blockchain firm Startale Group announced Wednesday the second close of its Series A round, securing $50 million from SBI Group, Inc.

Business development companies (BDCs) and wealth managers are the most vulnerable sectors to artificial intelligence (AI)-driven credit risks within financial institutions, Fitch Ratings said Monday.

Malaysia-based Catcha Digital Berhad announced Wednesday that it has inked a deal to acquire Malaysian International Food & Beverage Trade Fair (MIFB), a food and beverage trade event for a cash consideration of MYR 3.97 million.

Binance, among the largest cryptocurrency exchanges in the world, is recruiting a General Manager for its office in Vietnam.

The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.

Green Xentro has launched the initial phase of a 2,500-unit fleet of fully electric (BEV) taxis in Rizal province, under a strategic partnership with the mobility platform Green GSM.

Japan-based Cybozu, a collaborative office software company known for its Kintone platform, has committed an initial $6.4 million investment to expand its operations in Malaysia.