Asia
Firmus scraps A$7 billion Australian IPO
Firmus has withdrawn its planned A$7 billion Australian IPO and will pursue private funding after investor concerns over valuation and expansion risk.
TSMC quarterly revenue hits record NT$1.49 trillion
TSMC's third-quarter revenue rose about 50 percent to a record NT$1.49 trillion, exceeding analyst expectations as AI chip demand remained strong.
OSL’s Siwei Gong on institutional stablecoin-to-fiat settlement in Asia [Q&A]
OSL's Siwei Gong discusses institutional demand for stablecoin-to-fiat settlement, cross-border B2B payments, treasury workflows and the banking infrastructure needed for wider adoption.
GlobalFoundries and TSMC sign $2B AI packaging deal
GlobalFoundries will manufacture silicon interposers for TSMC's CoWoS ecosystem under a five-year, $2 billion agreement, with production set to ramp in 2028.
Endeavor Catalyst closes $320M Fund V, names Asia a pipeline priority
Endeavor Catalyst has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.
Mint’s Axonex signs €3M robotics OEM program with Ireland’s Centridex
Mint's Axonex Robotics has signed a two-year OEM and licensing program with Centridex that carries a potential value of about €3 million.
Meta donates 1,000 AI glasses to Singapore disability organizations
Meta is donating 1,000 Ray-Ban Meta AI glasses to four Singapore organizations and funding accessibility training through SAVH.
Nium to power RedotPay off-ramp expansion
Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.
Granite Asia, Google AI fund to co-invest up to $2M per Asian AI startup
Singapore-based Granite Asia, a $11 billion private capital platform, and Google's AI Futures Fund will jointly back AI startups in Asia, co-investing up to $2 million in each alongside access to Google's AI models.
[HK Special Report] Alibaba HK Entrepreneurs Fund sees ‘significant’ opportunities at the intersection of tech, industry & international markets
In a recent interview with TNGlobal, AEF Executive Director and Chief Executive Officer Cindy Chow discussed how the fund's investment strategy has evolved over the past decade, what it looks for in founders and why it believes Hong Kong’s role could extend beyond being a gateway to becoming a launchpad for Asian companies going global.
