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Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion to build one of Indonesia’s largest data…
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup Manus, raising the risk that regulators…
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path It took just 10 days for Meta’s acquisition of Manus to run into Beijing’s cross hairs, months…
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to small and medium-sized businesses. The deal is…
AI agents are tools that do not need human supervision to perform specific digital tasks Meta Platforms has agreed to acquire Singapore-based startup Manus, adding a popular artificial…
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’ approval for its planned Hong Kong IPO,…
Shein has considered relocating its headquarters back to China, in an effort to gain Beijing authorities’ approval for its planned Hong Kong initial public offering (IPO),…
PRESIDENT Donald Trump’s AI Action Plan unveiled this week is set to be a positive driver for data centre projects in Asia, a Singapore-based industry executive said. The…
The bar for licensing is high and it will generally not issue one, the regulator notes Digital token service providers (DTSP) will not be able to serve only overseas customers, said the…
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at nearly US$1.1 billion. That is above the original…
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. This includes “significant…
For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its…
OIL and gas exploration and production company Interra Resources on Thursday (Feb 6) denied a report that alleged it is supplying the Myanmar junta with more than two million barrels of…
ACCORDING to data from JLL, leasing activities in quality office developments in Singapore improved in the fourth quarter of 2024. Rental and capital values are expected to stay stable in…
“By supporting this initiative, we are not just recognising great ideas,” she continued. “We are opening doors to capital, connecting entrepreneurs to Granite Asia’s network of operators…
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches from US crude oil…
