Asia

The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) have on Thursday signed a memorandum of understanding (MoU) on the mutual recognition and cross listing of covered funds, particularly exchange-traded funds (ETFs) and real estate investment trusts (REITs).

The United States-based enterprise software company ServiceNow (NYSE: NOW) will invest $40 million in India's BUSINESSNEXT, a banking and financial services software platform, to accelerate the adoption of AI-driven banking operations across Asia-Pacific.

As many as 65 percent of IT and security decision-makers in Singapore and Australia believe an AI-driven attack against their organizations is inevitable within the next 12 months, yet only 40 percent report being fully prepared with specific strategies for AI-driven threats.

As many as 93 percent of finance professionals globally are concerned about the integrity and verifiability of AI-generated insights, according to a survey.

The widening gap between AI governance at board and management level and the pace of technological advancement will continue to constrain the speed and scale of enterprise AI adoption in Asia-Pacific,

Singapore's Ant International has closed a Series A equity financing round of approximately $1.2 billion, with participation from existing investors Ant Group and Alibaba Group, alongside other unnamed international investment institutions.

Singapore-based Ant International has integrated its Alipay+ payment gateway with Argentina's national QR payment scheme Transferencias 3.0, enabling international visitors to make digital payments at merchants across the country using their home-market payment apps.

Southeast Asia saw a total of 35 initial public offerings (IPOs) that raised $2.5 billion, down 30 percent in volume and 85 percent increase in proceeds compared with 50 IPOs raising $1.4 billion in the first half of 2025, EY said Friday.

Earlier this week, Malaysia launched an immigration probe into people associated with Srinivasan's startup school, saying that individuals may have flouted immigration rules.

inaugural WBBA Broadband Development Summit APAC 2026, held in Bangkok on 14 July. Convened by the World Broadband Association (WBBA), the summit brought together the ITU, regional regulators, and leading operators – including AIS, Globe, Telkomsel, XLSmart, HKT, and China Mobile International.