Business News

Southeast Asian legal-tech startups may face increasing barriers when expanding into the United States as governments and large enterprises shift toward region-specific artificial intelligence platforms, according to Dmitry Shubov, founder of Dmitry Shubov Consulting. Research firm Gartner estimates that the use of sovereign cloud and region-specific AI platforms will grow from about 5% today to […]

JAR Capital Group, a leading Swiss external asset manager, today announced the appointment of Francois R. Farjallah as Vice Chairman. A seasoned private banking executive with over 30 years of global experience, Farjallah will play a key role in strengthening the firm’s strategic and governance framework. In his new role, Farjallah will support the Chairman […]

DWS, the asset management arm of Deutsche Bank, has entered into an agreement to acquire a 40% stake in Nippon Life India AIF Management Limited (NIAIF), marking a strategic move to strengthen its presence in India’s fast-growing alternatives market. NIAIF is a subsidiary of Nippon Life India Asset Management Ltd (NAMI), which is backed by […]

Media OutReach Newswire, Asia Pacific’s first global newswire, has announced a strategic content partnership with AsiaOne, one of Singapore’s leading digital media platforms. The collaboration marks a significant milestone, making Media OutReach Newswire the first newswire to provide guaranteed online news posting on AsiaOne. With this addition, the company becomes the only global newswire offering […]

Financial institutions in mainland China and Hong Kong are falling behind their global peers in artificial intelligence (AI) investments, despite recognizing the technology as a key driver of strategic transformation, according to a new PwC report. The report, based on a survey of 201 financial services professionals and 20 in-depth interviews conducted between October 2025 […]

SK Telecom (NYSE: SKM) announced that its AI Data Center interconnection architecture, titled “Signalling Requirements and Architecture for Artificial Intelligence Data Centers (AIDC),” has been approved as an international standard by ITU-T Study Group 11 (SG11). The new standard establishes a global framework for AI Data Center system interconnection, defining a three-layer architecture—Service, Management, and […]

Finastra, a global leader in financial services software, today announced the establishment of a centralized Artificial Intelligence (AI) Center of Excellence (COE) and the appointment of Chris McClellen as Senior Vice President, Group Head of AI, reporting to Chief Technology Officer Mike Stawchansky. This strategic move is designed to coordinate, scale, and accelerate Finastra’s AI […]

CBRE, a leading global real estate services firm, has appointed Nikhil Shah as Senior Executive Director, Hotels & Hospitality, Capital Markets, India. Based in Mumbai, Shah will focus on enhancing transaction execution in India’s hotels and hospitality sector, advising clients on investment opportunities and supporting operational scale-up for hotel portfolios. Shah brings over 20 years […]

In just under three years, Ankur Aggarwal has transformed from a Chartered Accountant into a leading real estate mogul, with his company BNW Developments achieving a Gross Development Value (GDV) of AED 32 billion (approximately USD 8.7 billion). Aggarwal, founder and chairman of BNW Developments, is pioneering ultra-luxury real estate development in the UAE while […]

Bitdeer Technologies Group has introduced its latest self-developed mining machine, the SEALMINER DL1 Air, designed to deliver higher efficiency and stable performance for Scrypt-based cryptocurrency mining. The new device is optimized for the Scrypt algorithm and is built to support mining of several digital assets, including Litecoin and Dogecoin, along with Bellscoin, Junkcoin, Luckycoin, and […]

The journey of Australian biologist Jeremy Griffith epitomises that entrepreneurial spirit. For fifty years, working independently of the scientific establishment, Griffith has pursued an audacious mission: to explain the human condition – why our species is capable of both profound love and devastating destruction.

MSIG Asia has announced two senior leadership appointments, with CEO Clemens Philippi assuming an expanded role within the MS&AD Insurance Group and Norihiro Tanaka being named chairman of MSIG Asia. Clemens Philippi, currently chief executive officer of MSIG Asia and executive officer at Mitsui Sumitomo Insurance (MSI) Japan, has been appointed executive officer of MS&AD […]

Mitsubishi UFJ Financial Group (MUFG) Bank today announced a strategic partnership with State Bank of India (SBI) aimed at supporting cross-border business growth between Japan and India. The collaboration will combine MUFG’s global financial network and expertise in cross-border finance with SBI’s extensive domestic reach to better serve companies expanding between the two markets. Under […]

Manulife has announced the appointment of Wilton Kee as Deputy Chief Executive Officer for Hong Kong and Macau, expanding his leadership responsibilities alongside his current role as Chief Financial Officer (CFO). In his expanded capacity, Kee will work closely with the Chief Executive Officer to support enterprise integration, strengthen management oversight, and enhance alignment on […]

Next-Generation AI Platform Leverages Data from Thousands of Locations to Optimize Operations, Forecast Demand, and Capture Rapid Growth in Asia-Pacific's $3.3 Trillion Foodservice Market

Singapore, March 14, 2026 – 12BET, a global sport and entertainment brand established in 2007, today announced the launch of new promotional initiatives in collaboration with SABA Sports, a leading sports data and technology partner supporting sports engagement ecosystems across Asia. The programs introduce structured incentives for both players and affiliate partners, expanding opportunities for […]

Chubb Life has appointed Jack Jiang as Chief Commercial Officer and a member of its executive committee, the company announced. Jiang will report to Bryce Johns, President of Chubb Life and Senior Vice President at Chubb Limited. In his new role, Jiang will oversee the company’s growth initiatives and commercial strategy. His responsibilities include leading […]

Singapore, March 13, 2026 – i-Sprint Corporation has completed a management buy-out (MBO) of its operating companies in partnership with private equity firm KV Asia Capital. The deal was led by i-Sprint’s existing management team and comes a year after the company marked its 25th anniversary. The transaction positions the cybersecurity firm for further growth […]

Singapore, March 13, 2026 – ECOVACS Robotics has introduced its “Created for Ease – Always in Your Corner” brand campaign across the Asia-Pacific region, highlighting the role of home service robots in supporting caregivers and households managing multiple responsibilities. The campaign adapts ECOVACS’ global “Created for Ease” brand idea for APAC markets by focusing on […]

British-domiciled insurer Prudential has appointed Alex Wong as Chief Information Technology Officer (CITO) for Hong Kong, Macau, and the Greater China region. Wong will report to Lawrence Lam, CEO of Prudential Hong Kong, and Anette Bronder, Chief Technology and Operations Officer. In his new role, Wong will oversee the end-to-end technology strategy for Prudential Hong […]

Singapore-based insurer Great Eastern Holdings has appointed Andrew Khoo as Chairman of its Board, effective 15 April 2026, according to a company filing. Khoo succeeds Soon Tit Koon, who will retire from the board after serving since January 2016, including the past three years as Chairman. Khoo joined the board of Great Eastern in September […]

Global real estate investment platform RealVantage has completed the off-market acquisition of The Heathcote Hotel, a Grade II-listed heritage hospitality asset previously known as ABode Manchester, in Manchester, United Kingdom. The acquisition was completed in partnership with London-based real estate investor and asset manager Oberland, marking the second collaboration between the two firms. The transaction […]

Bitget, a global cryptocurrency exchange, has announced a strategic partnership with B2C2 to enhance liquidity and execution capabilities for institutional clients on its platform. Through the collaboration, B2C2 will serve as a liquidity provider for Bitget, bringing institutional-grade market-making and over-the-counter (OTC) trading expertise to the exchange’s ecosystem. The integration is expected to improve trading […]

Singapore, 11 March 2026 — Mitsubishi Logisnext Asia Pacific (MLAP) announced that it will be rebranded as Logisnext Asia Pacific, aligning with the strategic direction of its parent company, Mitsubishi Logisnext Co., Ltd.. The name change will take effect on 30 April 2026. The rebranding follows the company’s long-term transformation plan under “Logisnext Vision 2035.” […]

Societe Generale has expanded its investment banking capabilities in the Asia-Pacific region by adding healthcare to its regional industry coverage platform and appointing seasoned banker Ken Tung to lead the initiative from Hong Kong. The Paris-based bank said Tung has joined as Head of Industry Group, Healthcare, APAC, where he will oversee the origination and […]

The company is targeting a stock market listing in India during the financial year ending March 2027.

Singapore – 10 March 2026 – Nebius (NASDAQ: NBIS), the AI cloud company, today announced the expansion of its operations in the Asia-Pacific region to meet growing demand for purpose-built AI infrastructure. The company has appointed John Haarer as General Manager for Asia-Pacific and Japan to lead commercial growth across key markets, including Singapore, Japan, […]

Italian insurer Generali has appointed Sun Lei as Deputy Regional Officer, Asia. Based in Hong Kong, he will report to Rob Leonardi, Asia Regional Officer. In this role, Sun Lei will oversee the strategic and operational activities of Generali’s China-based entities, strengthen governance with joint venture partners and key stakeholders, and lead regional projects across […]

Rapport Therapeutics (Nasdaq: RAPP), a clinical-stage biotechnology company focused on precision medicines for neurological and psychiatric disorders, and Tenacia Biotechnology, a biopharmaceutical company focused on therapies for neurological disorders, announced a collaboration granting Tenacia exclusive rights to develop and commercialize RAP-219 in Greater China, including mainland China, Hong Kong, Macau and Taiwan. RAP-219 is a […]

Allianz Global Investors (AllianzGI), the asset management arm of Allianz, has appointed Julie Koo as Head of Distribution for Asia Pacific, effective 1 May. She will also join the firm’s executive committee. Based in Hong Kong, Koo will report directly to Tobias Pross, Chief Executive Officer of AllianzGI. In her new role, she will oversee […]