Asia
SymphonyAI and Regulation Asia : AI adoption lag leaves Asian financial institutions vulnerable amid rising financial crime
Artificial intelligence (AI) adoption lag leaves Asian financial institutions vulnerable amid rising financial crime, a new research from SymphonyAI and Regulation Asia revealed Tuesday.
Animoca Brands partners GEODNET to advance DePIN and precise location technology for Animoca Brands’ ecosystem and the Moca Network
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has announced a partnership with GEODNET, the world’s largest decentralized Real-Time Kinematics (RTK) network, to advance mixed-reality gaming and immersive experiences, and integrate cutting-edge location technology into consumer……
S&P : EV makers to bet $20B on South and Southeast Asia
Electric vehicle makers is projected to bet $20 billion on South And Southeast Asia (SSEA), S&P Global Ratings said Wednesday.
HKSTP leads delegation of 25 Hong Kong tech ventures to Middle East Market at Saudi Arabia’s FII8
Earlier this month, the Future Investment Institute published the white paper “Hong Kong’s Dual Focus on Sustainable Investment and Green Innovation” written by HKSTP. It highlights the city's robust efforts in enhancing its green finance ecosystem.
Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report
In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.
Cyberport Venture Capital Forum 2024 opens in Hong Kong, celebrates Cyberport Investors Network’s 7th anniversary with total investments surpassing $321.8M
Cyberport also celebrated the 7th anniversary of Cyberport Investors Network (CIN) established, and Cyberport start-ups' fundraising achievements.
Mitsubishi to invest in Ayala joint venture with stake in Mynt
Japan-based conglomerate Mitsubishi Corporation said Friday it will invest in Ayala Corporation joint venture with stake in Globe Fintech Innovations, Inc. (Mynt), the parent company of the Philippines-based finance super app.
ASEAN year to date IPOs raising down to $2.5B
ASEAN saw a total of 94 initial public offerings (IPOs) raising $2.5 billion year to date, down from 127 IPOs raising $4.9 billion a year ago, Ernst & Young Global Limited (EY) said Thursday.
Moody’s : Temasek and PIF will maintain advantage in intrinsic credit strength among rated peers
Singapore's state-owned fund Temasek Holdings Limited and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) will maintain advantage in intrinsic credit strength among rated peers, Moody's Ratings said Thursday.
Ant International’s WorldFirst sees total transaction volume soars to $300B
China and Southeast Asia led the growth among core regional markets for WorldFirst, which also include the UK, Europe, and Australia.
