Asia

Two American businesses, WEX Inc. and payments group Mastercard, will combine fuel, maintenance, tolling, and parking payments for vehicle fleets into a single system across Asia-Pacific.

Firmus has withdrawn its planned A$7 billion Australian IPO and will pursue private funding after investor concerns over valuation and expansion risk.

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 discusses institutional demand for stablecoin-to-fiat settlement, cross-border B2B payments, treasury workflows and the banking infrastructure needed for wider adoption.

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 has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.

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 is donating 1,000 Ray-Ban Meta AI glasses to four Singapore organizations and funding accessibility training through SAVH.

Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.

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.