Asia
Stablecoin card spending passes $10.9B as sector matures: RedotPay
Consumers have spent more than $10.9 billion using payment cards linked to stablecoins, Hong Kong-based card company RedotPay quoted data from Paymentscan as saying.
UAE’s Fasset raises $68M Series C at $1B valuation, led by Japan’s SBI
The UAE-based Fasset, a stablecoin-based digital banking platform, has raised $68 million in a Series C funding round that valued it at $1 billion, led by Japan's SBI Group.
AI is lifting one half of the world economy as geopolitical and trade strife weigh on the other – Moody’s
The global economy is running at two speeds - economies plugged into the artificial intelligence (AI) boom are racing ahead; those with weaker links to AI are struggling under geopolitical upheaval, trade conflict, and policy uncertainty, Moody's Analytics said on Tuesday.
Eight Korean AX companies will run the Korea Pavilion, ‘X- DIGITAL@THAILAND,’ at Techsauce Global Summit 2026
From August 26 to 28 at QSNCC, eight innovative companies from four sectors will gather to connect with Thai and Southeast Asian markets through one-on-one business meetings.
New Zealand’s Neocrete raises $3.5M to expand low-carbon concrete technology
Neocrete, a New Zealand company that develops technology to cut the carbon and cost of concrete, has raised $3.5 million in a funding round led by returning investor Wavemaker Ventures, with participation from Icehouse Ventures and new investor Catalytic Capital for Climate and Health, a vehicle backed by Temasek Trust.
Alipay launches agentic commerce platform in China to bring AI tools to merchants
Chinese payments and digital-services company Alipay launched China's first full-stack agentic commerce platform, giving merchants tools to move from digital operations to services run by AI agents, at a partner conference in Hangzhou.
Partners Group closes $1 billion private credit mandate in Asia
Partners Group, a global private markets investor, has closed a new $1 billion private credit mandate with a major institutional investor in Asia.
Southeast Asia’s financial services M&A deal volume remains stable in first half despite lower deal value – EY
Southeast Asia’s financial services merger and acquisition (M&A) deal volume remained stable in the first half despite lower deal value, EY said on last Thursday.
Vietnam, Australia sign 5-year digital economy pact covering AI, semiconductors, data flows
Vietnam and Australia will further collaborate in artificial intelligence (AI), semiconductors, cross-border data flows, and undersea cable connectivity.
MRCB, TECO team up to develop AI-ready Modular Data Centers in Malaysia
Malaysian Resources Corporation Berhad (MRCB) and Taiwan-based TECO Electric & Machinery Co., Ltd. (TECO) have on Monday signed a memorandum of understanding (MOU) to establish a strategic partnership for the development, deployment and operational validation of next-generation artificial intelligence (AI)-ready Modular Data Centers (MDC), designed to…
