China

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.

“AI won’t make me a better dad. My child needs love, attention, presence—not a smarter parent,” Kass said, adding that AI may simulate emotion or provide advice, but it cannot replicate human warmth, empathy, or moral judgment.

The BEYOND Expo Greater Bay Area 2025 Innovation Tour provided an insightful experience into the technological advancements and innovative spirit thriving within the Greater Bay Area.

GoTo Group, the largest digital ecosystem in Indonesia, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Thursday the successful migration of GoTo Financial’s infrastructure to Alibaba Cloud’s data centers in Jakarta, Indonesia.

The Alibaba Cloud Global AI Hackathon made its grand debut in Malaysia as part of the 2025 global series, following its kickoff in Singapore.

As the global esports industry recovers from a period of downturn, Ho said he sees the so-called “esports winter” not as a crisis, but as a necessary phase of transformation. NIP, a Nasdaq-listed international esports group, is leveraging this moment to diversify its ecosystem and accelerate its global strategy, he added.

This year’s BEYOND Expo attracted more than 800 companies, 800 investors and 25,000 visitors, across sectors from AI, HealthTech and Clean Energy to Robotics and SportsTech, making it the biggest BEYOND Expo yet and one of the largest annual pan-Asian technology gatherings.