Asia
OneInfinity by OneDegree partners SlowMist to strengthen security, resilience of Web3 ecosystem
OneInfinity by OneDegree, the Hong Kong-based provider of digital asset insurance and risk management solutions, has announced a strategic partnership with SlowMist, the China-based blockchain security firm, to enhance Web3 security and insurance solutions for the digital asset ecosystem.
Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing
ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.
Ant Digital Technologies establishes international headquarters in Hong Kong
Ant Group's subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday.
Nourish Ingredients partners CABIO Biotech for global commercial scale of precision fermentation fats
In partnership with Chinese biotechnology company CABIO Biotech, Australian animal-free fats and precision fermentation startup Nourish Ingredients has successfully completed its first commercial production of Tastilux®, its potent meaty fat.
F5: AI adoption accelerates in APAC, but consumers struggle with trust, security, and job displacement concerns
Consumers across Asia Pacific (APAC) are facing an artificial intelligence (AI) paradox: where the technology is embraced for productivity and efficiency, but fears around privacy risks, fraud, and employment impact hinder widespread trust, F5 said in a new study conducted with Twimbit.
Li Ka Shing Foundation, Temasek Trust jointly commit $9M to acquire systems and advance clinical trial for innovative histotripsy cancer therapy in Singapore
The Li Ka Shing Foundation (LKSF) and Temasek Trust (TT) have committed S$12 million ($8.99 million) to bring innovative non-invasive ultrasound-based histotripsy tumor clinical trials to Singapore.
Crypto.com partners with Sony Electronics for direct crypto payment in Singapore
Singapore-based cryptocurrency exchange company Crypto.com and electronic equipment firm Sony Electronics (Singapore) Pte. Ltd. (SES) have on Wednesday announced the acceptance of USDC, a U.S. dollar-pegged stablecoin, exclusively on Sony Store Online in a move to make direct crypto payment accessible to SES’ consumers.
OpenAI to raise $40B in Softbank-led funding at $300B valuation
OpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion.
Granite Asia and Integral launch $100M fund for high-growth startups with strong Japanese market access
Granite Asia, a multi-asset investment platform focused on technology, and Integral Corporation, Japan’s publicly listed private equity firm, have announced the formation of Granite-Integral, a joint venture designed to invest in high-growth companies with a strong Japan nexus.
Hong Kong’s ZA Bank appoints Calvin Ng as new CEO
Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27.
