China

Boost, a Malaysia-based regional fintech player, announced Thursday a significant expansion of its cross-border payment capabilities through a new integration with UnionPay International (UPI).

Tencent Cloud, the cloud business arm of global technology company Tencent, announced Thursday its commitment to help more South Korea’s web-based enterprises scale and innovate, through artificial intelligence (AI) and media technologies that will usher in more interactive, immersive and sticky user experiences.

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Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday it will invest over $60 million in the next fiscal year to empower its partner ecosystem and accelerate artificial intelligence (AI) innovation.

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MIDF Research has on Thursday maintained its positive outlook on Malaysia's data center despite news reports have surfaced, alleging that Chinese firms were training their artificial intelligence (AI) models at a data center in Malaysia that are powered by Nvidia chips.

UOB and its wholly-owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS).

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday it will launch its second data center in South Korea by the end of June 2025 in response to the growing demand for cloud computing and artificial intelligence (AI) services from local businesses.

Zeekr, the China-based premium new energy vehicle group, has appointed Carro as its latest authorized dealer in Malaysia.

Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according to the report. As well as Singapore, the company is also planning to seek a permit in Luxembourg, they added.