Business News
Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.
SK Group plans new chip plants as demand rises
Yongin is planned as an AI memory hub with four fabs for SK hynix, plus suppliers and equipment makers.
Read more →J&T Express sees Southeast Asia parcel volume jump 84%
Indonesia and Thailand posted the fastest growth, with parcel volumes up 112% and 89%, respectively.
Read more →Meta, Reliance to develop AI-enabled data center in India
Reliance will build the facility’s first 168-megawatt (MW) phase, which Meta will lease, with an option to expand.
Read more →Google cuts AI Plus price, doubles storage in US
The company also doubled included storage from 200GB to 400GB.
Read more →Hong Kong-listed Yeebo partners InfiX on healthcare AI
The partnership will deploy healthcare AI platforms on Suanova’s Shanghai Cube computing infrastructure.
Read more →EU orders Meta to restore AI rivals’ WhatsApp access
Meta faces fines up to 10% of global revenue if it fails to restore AI assistants' WhatsApp access.
Read more →Dharana Capital backs MyGate in $23.6m deal
The deal includes about 1 billion rupees (US$10.5 million) in primary capital.
Read more →SoftBank’s $6b OpenAI-backed loan talks stall
SoftBank invested US$2.2 billion in OpenAI via Vision Fund 2 since September 2024.
Read more →Apollo, Blackstone finance $35b Anthropic AI expansion
The project plans to provide more than 20 gigawatts of computing capacity for AI labs, including OpenAI, through 2028.
Read more →Starbucks weighs Japan unit options including 400 billion yen stake sale: sources
The US coffee chain has held preliminary talks with investment banks to help determine an approach
Read more →360 One, TDK Ventures back Indian EV charging startup
It plans to use the funds to expand its charging network across India, enter new commercial vehicle segments, and keep investing in research and development.
Read more →STI falls 1.7% after US strikes on Iran; DBS down 3.3%
The bank’s shares fell as low as S$61.63 within the first hour of trading
Read more →Google backs Anthropic-linked data centers in $35b deal
Google will supply tensor processing units (TPUs) for the new data centers starting in 2027.
Read more →General Motors to expand US vehicle-to-grid services
Peak Energy plans a 4 GWh sodium-ion battery factory in the US starting production in early 2027.
Read more →Israeli data firm Bright Data expands in APAC on AI demand
The company cited strong growth in its regional AI customer base, which grew 2x year over year in each of the past two years.
Read more →US lender Trad.Fi works with W3 on $650m loan pipeline
Trad.Fi aims to cut financing timelines for small businesses from months to a single day using AI.
Read more →The Asian personal care brands scaling beyond borders
Stryv brings premium grooming tools for Asian hair to the direct-to-consumer market, while Dododots turns acne patches into a fashion statement.
Read more →Glasswall: The things anonymous founders say about VCs
Check out the recent anonymous reviews for these VC firms.
Read more →Japan’s largest banks to jointly issue stablecoins by March 2027
The lenders will set up a council to examine operational frameworks and prepare for the issuance
Read more →EV maker Saidou launches AIVA, ties up with ByteDance
Saidou was renamed from Landian after a 6.671 billion yuan capital increase and share expansion.
Read more →Super Micro plans $7b fundraising for AI server growth
Super Micro has US$1.29 billion in cash but US$8.8 billion in debt as of March 31.
Read more →Akamai Asia Pacific business tops $1b in 2025
Akamai reported US$3.11 billion in total revenue for the first nine months ended September 30, 2025.
Read more →Roblox rises as Russia seeks to lift restrictions
Russia blocked Roblox in December over concerns about content affecting children's moral development.
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