Asia

Foxconn to invests $91.6M more across Singapore, India, Mexico

Taiwan-based electronics giant Hon Hai Precision Industry (Foxconn) will invest $91.6 million in related-party capital increases across subsidiaries in Singapore, India, and Mexico, according to three filings of Foxconn with the Taiwan Stock Exchange (TWSE) this week.

Airwallex raises $320 million Series H, valuation jumps to $11B

Airwallex, the Australian-founded financial platform, has raised $320 million in Series H funding, bringing the company's valuation to $11 billion, up from $8 billion in December 2025.

ICG partners Hanwha Energy to accelerate energy transition investment in Japan

ICG, the global alternative asset manager, announced Wednesday that its Asia-Pacific Infrastructure strategy (ICG APAC Infra) has entered into a strategic partnership with Hanwha Energy Corporation Japan (HECJ) to collaborate on energy transition and infrastructure opportunities in Japan.

Singapore-based SuperX AI eyes 1 GW data center cluster in Kazakhstan

Singapore-headquartered SuperX AI Technology Limited plans to invest in a 1-GW data center cluster in Kazakhstan, executives expressed at a meeting with Prime Minister Olzhas Bektenov, on the sidelines of the World Economic Forum's "Summer Davos" in China.

SoftBank-backed car marketplace Carro said to explore US IPO – report

Backed by Japan-based SoftBank Group, Carro is also considering a second listing in Singapore, the report added.

HSBC, Google Cloud sign AI partnership, eyeing $100M return per use case

HSBC and Google Cloud will jointly build and deploy AI capabilities across HSBC's global operations, targeting more than 200 new AI use cases over the next two years, each of which HSBC estimates could return more than $100 million in direct revenue gains or efficiency improvements.

AllianzGI raises $744M at first close of Asia Pacific Secured Lending Fund III

Allianz Global Investors (AllianzGI) announced Tuesday the first close of Allianz Asia Pacific Secured Lending Fund III (AAPSLF III), securing commitments of $744 million.

Geopolitical risk drives 87% of APAC investors to expect greater market volatility: Survey

As many as 87 percent of investors in Asia Pacific expect greater market volatility over the next year, with only 5 percent planning to maintain their existing strategic allocations, according to Schroders' Global Investor Insights Survey 2026.

Energy Transition Acceleration Finance Partnership under Singapore’s FAST-P initiative raises $250M in first close

The Monetary Authority of Singapore (MAS), Clifford Capital, and the Private Infrastructure Development Group (PIDG) announced Wednesday that the Energy Transition Acceleration Finance partnership (ETAF) has achieved its first close with $250 million in committed capital for its displacement strategy.

Agentic commerce, bank-backed wallets, Click to Pay become top consumer payments technologies: Juniper Research

Agentic commerce, bank-backed wallets, and Click to Pay are the three technologies expected to have the most significant impact on consumer payments over the next 12 months, according to the Consumer Payments Tech Horizon report, released by Juniper Research.