Asia

GSMA says $1.2 million from NOAA will support cell-broadcast emergency alert systems in nine Pacific Island countries.

HKT has opened an AI Exchange at the Hong Kong-Shenzhen Innovation and Technology Park to link AI users with computing capacity across Hong Kong data centers.

Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.

China's Internet technology giant Tencent and American multinational payment company Visa have signed a memorandum of understanding to explore broader collaboration on payments and commerce across Tencent’s ecosystem.

Ant International CEO Peng Yang has called for a new, inclusive "re-globalization" project that harnesses AI and digital connectivity to give small and medium-sized enterprises (SMEs) greater access to global markets and opportunities.

Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.

Data centers in Johor, Sydney, Melbourne and Batam could absorb most of the additional electricity generation planned for their respective markets over the coming years, raising concerns over power availability as cloud computing and artificial intelligence (AI) workloads expand, according to BMI Country Risk and Industry Research.

HKEX has launched AI and semiconductor indexes and licensed the AI benchmark for planned exchange-traded funds in mainland China.

CBRE will pay $610 million upfront for Onnec, with a performance-based earnout of up to $400 million, expanding data-center services in Europe and Asia Pacific.

Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.