Four E-Wallets Now Accepted in the Philippines Through Alipay+
Ant Group, which operates global cross-border digital payments and marketing solution Alipay+, on Wednesday announced launching its...
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Sep 29, 20231 min read
Thailand-based KBank launches $100m fund for AI, Web3 & deep-tech startups
Kasikornbank (KBank), Thailand’s second-largest bank by assets, has launched a $100-million fund targeting artificial intelligence (AI),...
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Sep 29, 20231 min read
Grab shuts down GrabInvest, associated investment products
SINGAPORE - Grab is shuttering its investment products AutoInvest and Earn+, and winding down its GrabInvest business. “The decision...
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Sep 29, 20231 min read
Personal finance platform Bright Money raises $62m in mix of equity and debt
Bright Money, an artificial intelligence (AI)-enabled personal finance platform, on Tuesday said it has raised $62 million in a mix of...
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Sep 29, 20231 min read
HSBC to acquire Citigroup China consumer wealth business
HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources...
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Sep 29, 20231 min read
Tencent-backed Chinese AI chip maker Enflame closes $274m Series D
Enflame Technology, a Tencent-backed Chinese artificial intelligence (AI) chip maker, announced on Thursday the completion of its Series...
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Sep 29, 20231 min read
Malaysia mulls rules for Google, Meta to pay news outlets for content
KUALA LUMPUR - Malaysia said on Tuesday it is considering regulations that will make internet giants Alphabet Inc's Google and Facebook...
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Sep 29, 20231 min read
Musk considers making all X users pay
PARIS - Elon Musk has sparked outrage among fans of his social media platform X by suggesting he might introduce a monthly fee for all...
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Sep 29, 20231 min read
JKN founder admits to 'forced selling' of shares
The founder and largest shareholder of JKN Global Group says she sold nearly 100 million shares of the Miss Universe Organization...
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Sep 29, 20231 min read
WeWork to Renegotiate Nearly All Leases, Exit ‘Unfit’ Sites
A letter from the company's CEO David Tolley said it was embarking on a period of engagement with its landlords on "nearly all" of its...
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Sep 29, 20231 min read
Bangchak closes deal to purchase Esso
Energy conglomerate Bangchak Corporation Plc (BCP) has announced the closure of the deal to purchase Esso Thailand Limited from...
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Sep 29, 20231 min read
Line’s merger with Yahoo Japan creates new company
Line Corp, which operates the popular mobile messaging application Line, will use the new name from October 1 onwards, it said in a...
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Sep 1, 20231 min read
China approves domestic ChatGPT-like products from Baidu, others
At least three Chinese tech firms including Baidu, Baichuan Intelligent Technology and Zhipu AI are on Thursday launching artificial...
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Sep 1, 20231 min read
Thailand’s CP Group family, LDA Capital launch $2b growth fund for SE Asia
The Chearavanont family, Thailand’s wealthiest which controls conglomerate Charoen Pokphand Group (CP Group), has joined hands with Los...
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Sep 1, 20231 min read
Pixar, Adobe, Apple, Autodesk, and NVIDIA form Alliance to drive standards for 3D content
SAN FRANCISCO Pixar, Adobe, Apple, Autodesk, and NVIDIA, together with the Joint Development Foundation (JDF), an affiliate of the Linux...
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Sep 1, 20231 min read
Apple Card’s Savings account by Goldman Sachs reaches over $10 billion in deposits
Today, Apple announced that Apple Card’s high-yield Savings account offered by Goldman Sachs has reached over $10 billion in deposits...
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Sep 1, 20231 min read
PayPal is diving deeper into crypto by launching its own stablecoin
PayPal has added a new cryptocurrency to its roster: PayPal USD (PYUSD). On Monday, the online payments service became the first major...
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Sep 1, 20231 min read
Shopee Owner Sea Misses Estimates and Warns of Future Losses With Plans to Raise Spending
Sea Limited's sales were short of forecasts, and the e-commerce and gaming site warned of future losses because of new spending. Sales at...
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Sep 1, 20231 min read
Singapore’s Grab says its ride-hailing unit is on track to hit pre-Covid levels
Singapore-based Grab said on Wednesday that its ride-hailing unit is on track to hit pre-Covid levels by the end of this year. In its...
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Sep 1, 20231 min read
SCB CIO urges investors to avoid high-yield bonds
Investors are advised to avoid investment in high-yield bonds, especially those tied to Chinese real estate because of high debt and a...
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