Business News
Curated business and financial news from top sources across Asia — banking, fintech, healthcare, enterprise, and markets.
Singapore’s GLP plans $2b asset sales ahead of IPO
GLP oversees about US$80 billion in assets under management across various sectors.
Read more →Grab, EnterpriseSG back Singapore food businesses
The agreement aims to support Singapore’s FB sector by increasing footfall and sharing data insights.
Read more →General Catalyst backs Standard Bots at $1b valuation
Standard Bots' robotic arms learn tasks after watching a demonstration using AI systems.
Read more →Canadian payments firm Nuvei eyes $2.7b Payoneer deal
Payoneer processed US$20.7 billion in payment volume across 559,000 active accounts in Q2 2025.
Read more →Anext Bank eyes GPU financing as SG digibank competition heats up
CEO Kai Qiu explains why the company sees AI infrastructure financing as an attractive revenue stream.
Read more →General Catalyst, Canaan lead Israel’s Rylo in $85m round
Rylo supports 50 languages and focuses its AI speech tools on the US market.
Read more →Microsoft-backed D-Matrix starts shipping AI chip
Corsair features 2GB of on-chip SRAM and targets memory-bandwidth-sensitive AI inference tasks.
Read more →Anthropic to widen access to Claude Fable 5
Claude Fable 5 uses fallback to Claude Opus 4.8 for safer replies in high-risk areas.
Read more →S Korean AI company Upstage faces IPO scrutiny
The issue centers on former presidential secretary Ha Jung-woo’s past stake in the company after Upstage joined the government’s AI foundation model project in 2025.
Read more →Nvidia-backed CoreWeave weighs euro bonds
CoreWeave operates nearly 50 data centers across North America and Europe, expanding in Norway, Sweden, and Spain.
Read more →SpaceX targets orbital AI test by late 2027, sources say
The prospectus ties orbital AI computing to Starship and says deployment at scale depends on full reusability and rapid turnaround.
Read more →Lightspeed leads AI legal startup Sandstone’s $30m round
Sandstone's software integrates legal requests from Slack, email, and Jira for legal teams.
Read more →Taiwan exports surged 52% as AI demand stayed strong
The ministry said demand for AI-related products continued to support export growth.
Read more →The AI rally hits a speed bump
Today, we look at a topsy-turvy couple of days for AI-linked stocks on Asian markets and revisit some bubble discourse.
Read more →Singapore benefits from Middle East flight reroutings but only temporarily: IATA
[RIO DE JANEIRO] Changi Airport is a net beneficiary of the closure of Middle East airspace, given that Singapore Airlines (SIA) responded...
Read more →Emirates will not cut flights despite Middle East war pressures
He also rejected Lufthansa’s criticism that Gulf carriers enjoyed an unfair regulatory advantage
Read more →GSK to buy Nuvalent for US$10.6 billion to expand in cancer drugs
The British firm will pay US$124 a share for Nuvalent
Read more →How Honda’s old guard tried, and failed, to oust its CEO
Retired executives blame CEO Mibe for China neglect, EV missteps
Read more →Bank of Japan to consider pausing bond taper next fiscal year: sources
It is also expected to raise its short-term policy rate to 1% from 0.75% at next week’s meeting
Read more →CIMB says ‘good time’ to invest in battered Indonesia, seeks M&A
The Malaysian lender is looking at various assets that would complement its existing business
Read more →GLP aims for US$2 billion of asset sales this year: sources
The moves aim to strengthen the company’s finances and reassure investors before its upcoming IPO
Read more →India’s Paytm plans 10% staff boost in AI pivot with some roles cut
The digital payments operator has been revamping its business after Indian regulators targeted its banking affiliate two years ago
Read more →SingPost unveils S$30 million sortation machines that will boost its parcels processing capacity
New systems will increase capacity to process small and medium-sized parcels from 100,000 to 300,000 per day
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