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Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region
Envision Digital, part of Chinese renewable firm Envision Group, said the funding will help it to expand operations and fund research and development
The decision to centralize procurement is a sign that chip shortages may persist and are forcing companies to implement more aggressive measures
The Tesla mogul says he’ll walk away from the $44bn deal if he doesn’t get to see data on the social media platform’s spam and fake accounts
Chinese regulators are said to be concluding probes into Didi and two other firms and preparing to lift restrictions on their apps
The Monetary Authority of Singapore gave approval on June 2 to an application for the bank to commence business, Ant and wholly-owned ANEXT said in a statement
The country’s leading tech firms say the government’s new cybersecurity rules risk creating an 'environment of fear’
CEO Elon Musk has told Tesla executives to "pause all hiring worldwide", saying he needs to cut staff at the electric carmaker as a global downturn appears to be looming
Scott Farquhar, Australia's fourth-richest person, says working from home is the ''future of how we will work'' and invited Tesla employees to join him.
China may have to strengthen already stringent cryptocurrency rules following the TerraUSD stablecoin collapse, the report said
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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