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Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.
banking-finance
Barclays to cut 5,000 jobs in AI-fuelled push to lower costs
It cut about 1,000 jobs in the first six months of this year, with the remaining due before the end of 2026
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Singapore dollar gains on yen as carry funder: analysts
A combination of cheap funding and low currency volatility is burnishing the Singapore dollar’s appeal for investors
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ASX needs to bolster tech before shortening trade settlement, experts say
The exchange considered shorter trading settlements in 2024 but plans were put on hold
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Indonesian stocks with high shareholding concentrations to be excluded from index starting Nov 2
There are 80 stocks on the high shareholding concentration list
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Bank of Korea holds rates; upbeat outlook points to future hikes
The central bank keeps base rate unchanged at 3%, as expected; it says further tightening remains on the table
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CIMB ‘categorically denies’ that it will privatise Indonesian unit Niaga
It says Niaga remains an ‘integral part’ of the group’s regional footprint
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Tesla cuts spending before potential SpaceX deal even as Musk bets future on AI, robots
Revenue is flat on the year as net income dives 43%; adjusted earnings top Wall Street expectations
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DBS favours Chinese banks; flags HSBC as long-term buy
The brokerage sees recent weakness in the bank’s Hong Kong-listed shares as an attractive buying opportunity
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Tesla’s flying Roadster with cold rockets is mostly hot air
The US automaker should dial down on the stunts and focus on its fundamentals
Read more →Tech in Asia
Jio Platforms opens bidding for $3.2b IPO
The IPO is expected to be an offer for sale, meaning existing investors would sell their shares and Jio would not raise new capital.
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Taiwan blocks Grab’s $600m Foodpanda deal
The acquisition would have been Grab's first expansion outside Southeast Asia.
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Mapping the dominant players in Israel’s AI field
Mapping Israel's AI sector: Key players, top investors, and funding insights in one report.
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Airwallex extends McLaren deal with AI finance partnership
Airwallex branding will expand to the F1 team kit's sleeve and remain on the cars and overalls.
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OCBC to add ringgit to Singapore-based savings accounts from Oct 23
Customers can hold up to RM50,000, earn interest on their balances and spend directly in Malaysia
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Cat A premium rises to S$132,004 in first tender after COE review announced; Cat B climbs to S$131,901
The proposed changes include merging the passenger car categories into one
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These are the most active investors in India’s startups
Which investors are writing the most checks to India-based startups?
Read more →e27
Ex-PropertyGuru CEO’s Genie Health raises US$3M to make sense of your scattered health data
Anyone in Singapore who has sat through a corporate health screening knows the ritual. A thick report arrives, a few numbers glow red, and the PDF is filed somewhere between a tax notice and a gym membership nobody uses. Add a smartwatch counting steps, a blood pressure monitor bought after a scare, and clinic records [] The post Ex-PropertyGuru CEOs Genie Health raises US$3M to make sense of your scattered health data appeared first on e27 .
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OCBC to offer ringgit to Singapore savers from 2026
To earn interest, customers must keep an average daily MYR balance of 5,000.
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Homage turns its in-house care software into a business as Singapore turns super-aged
Ask a care manager in Singapore when the workday ends and the honest answer is: some time after the last visit, once the roster is patched, the visit notes are filed and the calls to anxious families about a missed shift are done. Homage, the Singapore-founded home care company, thinks that unglamorous back office is [] The post Homage turns its in-house care software into a business as Singapore turns super-aged appeared first on e27 .
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DBS PayLah! expands QR payments to Taiwan
Providers include Taiwan Pay and Easy Wallet, covering about two-thirds of TWQR merchants.
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Indonesia’s central bank keeps main rate unchanged but hikes deposit facility rate, to cut RRR
Decision underscores central bank’s caution against tightening policy prematurely and stalling growth in South-east Asia’s largest economy
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Building a smarter workflow for short-form video creators
With over 30,000 paying customers, Verba is scaling a profitable AI platform that structures raw video into polished content.
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SEA funding round sizes over the past 5 years
For startups, understanding how much their peers are raising could be crucial when they're pitching investors.
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