Asia

Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.

Data centers in Johor, Sydney, Melbourne and Batam could absorb most of the additional electricity generation planned for their respective markets over the coming years, raising concerns over power availability as cloud computing and artificial intelligence (AI) workloads expand, according to BMI Country Risk and Industry Research.

HKEX has launched AI and semiconductor indexes and licensed the AI benchmark for planned exchange-traded funds in mainland China.

CBRE will pay $610 million upfront for Onnec, with a performance-based earnout of up to $400 million, expanding data-center services in Europe and Asia Pacific.

Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.

AnyMind Group, a business-process-as-a-service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced the launch of operations in the United States of America, and will operate out of Los Angeles, California.

The share of Singapore job ads mentioning AI-related skills rose from 1.3 percent in January 2024 to 5.1 percent in August 2026, according to Jobstreet by SEEK.

South Korea's Korai Flix has agreed to merge with APEX Tech Acquisition in a SPAC deal valuing the short-drama platform at $3.5 billion.

Preferred Networks and Tenstorrent will develop chiplet-based xPU technology in a five-year research project selected by Japan's NEDO.

Taiwan's Fair Trade Commission (TFTC) has declined to approve the sale of Germany-based Delivery Hero's food courier business foodpanda in Taiwan to Singapore's super app Grab, blocking a $600 million deal agreed in March.