Asia

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

Driven by fundamentals, not valuations: Khazanah-backed PolicyStreet CEO outlines strategy after $26M Series C

Following a total of $26 million-Series C funding round—backed by investors including sovereign wealth funds Khazanah Nasional and Japan’s Cool Japan Fund— Malaysia-based insurtech firm PolicyStreet is doubling down on its Asian expansion, leveraging its newly achieved profitability to scale embedded insurance across digital platforms.

Cryptocurrency holds steady in global affluent portfolios; Malaysia, Singapore investors seek alternatives: HSBC

Cryptocurrencies account for 6 percent of the mean asset allocation among affluent and high net worth investors globally in 2026, down one percentage point from 2025, according to the HSBC Affluent Investor Snapshot 2026.

China’s BYD, Australia’s Smart to jointly integrate novated leasing into EV purchase process

China's electric vehicle (EV) manufacturer BYD and Australia's salary packaging and novated leasing provider Smart will jointly offer BYD and DENZA electric vehicles available through novated leases to more than 2.5 million Australians employed by Smart's clients.

Visa, China’s Lianlian complete first live B2B agentic payment transaction using AI agent

US payments company Visa and China's Lianlian DigiTech have completed their first live business-to-business agentic transaction using LoopXPay, Lianlian's AI agent, in which the agent sourced a product sample from a supplier and completed the purchase within a single automated workflow.

ADM Capital announces final close of Asia Climate-smart Landscapes Fund at $48M

ADM Capital announced Wednesday the final close of the ADM Capital Asia Climate-smart Landscapes Fund LP (ACLF) at $48 million, marking an important milestone for ADM Capital’s first impact fund dedicated to climate-smart land-use financing in Indonesia.

Singapore’s Novo Tellus invests in Australian mining tech firm RME

Novo Tellus, a Singapore-based investment firm focused exclusively on industrial and technology companies, announced Wednesday the closing of a significant investment in Russell Mineral Equipment (RME), a mill relining systems and aftermarket services firm for the mining and mineral processing industries.

Malaysia, Hong Kong ink deal to strengthen collaboration and capital market connectivity

The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) have on Thursday signed a memorandum of understanding (MoU) on the mutual recognition and cross listing of covered funds, particularly exchange-traded funds (ETFs) and real estate investment trusts (REITs).

US software firm ServiceNow invests $40M in India’s BUSINESSNEXT to expand autonomous banking in APAC

The United States-based enterprise software company ServiceNow (NYSE: NOW) will invest $40 million in India's BUSINESSNEXT, a banking and financial services software platform, to accelerate the adoption of AI-driven banking operations across Asia-Pacific.

65% of Singapore, Australia security leaders see AI attack as inevitable, yet only 40% fully prepared: Mimecast

As many as 65 percent of IT and security decision-makers in Singapore and Australia believe an AI-driven attack against their organizations is inevitable within the next 12 months, yet only 40 percent report being fully prepared with specific strategies for AI-driven threats.