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Analysts maintain overweight stance on the Malaysian technology sector
Analysts have maintained its overweight stance on the Malaysian technology sector, underpinned by the broadening semiconductor upcycle and sustained earnings momentum.
Grab outlook resilient despite rising Foodpanda competition – Maybank
Grab Holdings’ outlook remains broadly constructive despite increasing competitive risks in Southeast Asia’s food-delivery market, with strong growth in its mobility business and continued improvement in deliveries margins providing support to the group’s earnings, according to Maybank Investment Bank said on Monday.
Synopsys, Singapore’s A*STAR to cooperate in advanced chip packaging, AI simulation
The United States-based Synopsys and Singapore's Agency for Science, Technology and Research (A*STAR) will jointly develop advanced semiconductor-packaging and simulation technologies for artificial intelligence (AI) and high-performance computing.
US-based Circle to buy Singapore’s Tazapay for $400M to expand USDC cross-border payments
The United States-based Circle Internet Group, the issuer of the USDC stablecoin, will acquire Singapore's Tazapay, a cross-border business-payments company, in an all-stock deal to expand its global payments network.
Malaysia data centers hit record 9.3 percent share of power use amid heat
Malaysia’s data centers reached a record 9.3 percent share of Peninsular electricity use in mid-August as hot weather increased cooling demand.
Granite Asia targets Asian middle market with private credit strategy
Granite Asia is focusing its private-credit strategy on mid-sized Asian companies after raising more than $500 million for Libra Hybrid.
ASML and TSMC target 12-inch masks for High NA EUV
ASML and TSMC are leading an industry move to 12-inch photomasks for High NA EUV, with a pilot line targeted for 2031 and production-system readiness in 2033.
Google says threat actors are shifting to agentic AI attacks
Google Threat Intelligence Group says attackers are beginning to use multi-agent AI systems to compress cyber operations, including a credential-harvesting campaign completed in under six hours.
Bombay High Court lifts freeze on Coda Payments India accounts
Bombay High Court set aside orders freezing about ₹100 crore in Coda Payments India’s bank and payment accounts, while leaving related proceedings unresolved.
DBS and Citi partner to enable instant cross-border USD payments with tokenized deposits
Singapore-based banking group DBS and US lender Citi have teamed up to enable instant cross-border USD payments with tokenized deposits.
