ByteDance Taps Citigroup, Goldman Sachs, and JPMorgan for Massive Loan
ByteDance, the parent company of TikTok, is reportedly securing a $9.5 billion loan from banks, marking the largest dollar-denominated corporate loan in Asia outside of Japan. According to sources familiar…
Huawei to Launch New Product Hours After Apple’s iPhone 16 Unveiling
Huawei is set to challenge Apple with a product launch event scheduled just hours after the expected unveiling of the iPhone 16. The Chinese tech giant announced on Monday that…
Singapore Retailers Embrace AI but Worry About Losing Personal Touch
Singapore retailers are increasingly adopting artificial intelligence (AI) to enhance customer engagement and streamline operations, but concerns remain over the potential loss of a personal touch in shopping experiences. A…
Validus Secures $50M Debt Financing from HSBC to Support Indonesian SMEs
Validus, a digital lending platform for small and medium enterprises (SMEs) based in Singapore, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. The…
Netherlands considers ASML’s interests in potential China export rules
The Dutch government is considering the economic interests of ASML when evaluating potential restrictions on the export of its computer chip-making equipment to China, according to Dutch Prime Minister Dick…
Nintendo Stops Repairing New 3DS as Parts Run Out
Nintendo has officially stopped offering repairs for the New Nintendo 3DS due to a shortage of parts. This development, announced by the company’s Japanese support team, means that users of…
China Aims to Expand Green Technology Exports in Upcoming African Summit
China is set to use this week’s summit with African leaders in Beijing to promote its green technology exports, including electric vehicles and solar panels, as it faces growing restrictions…
Naver and Chiliz Forge Partnership to Launch Crypto Wallet in South Korea
South Korean technology conglomerate Naver has announced the launch of its first-ever cryptocurrency wallet, the Naver Pay Wallet, in collaboration with the sports-centric blockchain, Chiliz. This strategic partnership marks a…
Australia’s Crypto ATM Network Grows 17-Fold Amid Regulatory Scrutiny
Over the past two years, Australia has experienced a significant surge in the number of cryptocurrency ATMs, increasing seventeenfold and marking it as one of the fastest-growing markets globally for…
Uber Aims to Boost Market Share in South Korea with New Strategy
Uber Technologies Inc.‘s CEO, Dara Khosrowshahi, reaffirmed the company’s commitment to expanding its presence in South Korea, despite facing stiff competition from local tech giant Kakao. Speaking to reporters in…
China’s Robotaxi Expansion Raises Job Security Concerns
China’s aggressive push for robotaxi technology has sparked concerns over job security among drivers, while experts suggest the rise of autonomous vehicles is also creating new employment opportunities. Recent developments…
China Invests $6.1 Billion in Nationwide Data Center Initiative
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to construct computing data centers, a senior government official revealed on Thursday. This announcement comes amid escalating…
Nvidia Earnings Spark Decline in Asia’s Semiconductor Sector
Tech and chip-related stocks across Asia saw declines on Thursday, following Nvidia’s release of its second-quarter results. The drop extended across key markets in the region, with companies directly linked…
Indonesia Weighs Telegram Ban Over Insufficient Content Moderation
Recent developments in Indonesia have raised concerns about the future of Telegram within the country. Indonesia, recognized as one of the largest global markets for Telegram, is reportedly considering a…
Crypto.com Teams Up with Standard Chartered to Offer Expanded Global Fiat Services
Crypto.com, a leading cryptocurrency exchange headquartered in Singapore, has unveiled a significant expansion of its global retail services through a strategic partnership with Standard Chartered Bank. This collaboration introduces new…
HashKey Introduces Avalanche and Chainlink Trading for Retail Investors in Hong Kong
Retail cryptocurrency investors in Hong Kong are now privy to a broader range of investment opportunities following HashKey’s recent approval to list Avalanche (AVAX) and Chainlink (LINK) on its trading…
Apple Expands Indian Market Reach with New Airtel Streaming Deal
Apple is partnering with India’s Bharti Airtel to offer its music and video streaming services for free to Airtel’s premium customers. This collaboration provides Apple access to thousands of potential…
SK Hynix Introduces New DRAM Chip to Boost Power Efficiency
SK Hynix, the world’s second-largest memory chip maker, announced on Thursday the development of its first sixth-generation 10-nanometre dynamic random access memory (DRAM) chip, designed to use less power than…
Okto Wallet from CoinDCX Gains Operational License in UAE’s Ras Al Khaimah Digital Assets Oasis
Okto, the self-custodial wallet developed by the Indian cryptocurrency exchange CoinDCX, has successfully obtained an operational license from the Ras Al Khaimah Digital Assets Oasis (RAK DAO) in the United…
Robotics Breakthrough as Unitree Launches G1 Humanoid Robot for Homes
Unitree Robotics has launched the G1, a new humanoid robot priced at $16,000, aiming to make advanced robotics more accessible for household use. Known for offering affordable alternatives to high-cost…