Asia

PayPay Corporation, a Softbank-backed electronic payment services firm in Japan, has made an equity investment in Binance Japan Inc.

Hong Kong insurance firm FWD Group Holdings Limited announced Wednesday the inauguration of the FWD AI Lab in Singapore, a strategic move to accelerate innovation in insurance through artificial intelligence (AI) and data science.

Oracle Corporation and SoftBank Corp. are collaborating to provide secure, compliant, and scalable sovereign cloud and artificial intelligence (AI) services to organizations in Japan.

The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia will run concurrently from Oct 13 to 16 at the Hong Kong Convention and Exhibition Center (HKCEC).

Japan-based SoftBank Group Corp. announced Wednesday that it has entered into a definitive agreement with ABB Ltd, a global technology electrification and automation firm, to acquire ABB’s robotics business for a total purchase price of $5.38 billion.

FLOW Digital Infrastructure (FLOW), a Singapore-based data center developer and operator in Asia Pacific, has appointed Ken Marron as Chief Technology Officer, effective immediately.

Sriwijaya Capital, an Indonesia-based private equity firm, has signed a memorandum of understanding (MoU) with Abu Dhabi-based BlueFive Capital, to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia.

GrabMaps, Southeast Asia’s hyperlocal mapping service, is partnering with Tino, Mongolia’s superapp, to build an advanced digital map of Mongolia.

AlphaTON Capital Corp., a global digital asset treasury company, intend to acquire 51 percent stake in GAMEE, a wholly owned subsidiary of Hong Kong-based gaming firm Animoca Brands.

Nippon Yusen Kabushiki Kaisha (NYK Line), a Japan-based shipping company, and Neptune Robotics (Neptune), a Singapore-based robotics-driven vessel cleaning firm, have on Tuesday announced the signing of the memorandum of understanding which expand their partnership to accelerate fuel efficiency and decarbonization across NYK’s global fleet.