Asian Shares Decline Amid Worries About China’s Real Estate Market
Tuesday witnessed a decline in Asian shares, primarily influenced by the court-ordered liquidation of China’s property giant, Evergrande Group. This development, coupled with escalating geopolitical tensions, bolstered oil prices while…
US Poised to Reinstate Venezuela Oil Sanctions Following Exclusion of Presidential Candidate
The Biden administration has issued a stern warning to Venezuela: if the country maintains its ban on opposition candidate María Corina Machado from participating in the presidential election, the U.S.…
Motorist Company Secures Series A Funding at a Valuation of $60 Million USD
Singapore-based startup Motorist, renowned for its innovative digital tools designed to simplify vehicle ownership, has recently announced a significant milestone in its journey towards revolutionizing the automotive sector. With a…
China’s Decade-Long Bond Yield Drops to 20-Year Low Amid Anticipated Monetary Easing
(Jan 30): China’s benchmark government bond yield dropped to its lowest in nearly 22 years, hitting 2.48%, a level not seen since 2002. This decline reflects growing expectations for additional…
Arkadiah Technology, a nature-focused tech startup, completes seed funding round with leadership from Golden Gate Ventures
Arkadiah Technology, a trailblazer in the nature tech sector, recently announced a substantial seed funding round, marking a significant milestone in its journey. The specifics of the investment, orchestrated by…
OpenAI Teams Up with Common Sense Media to Encourage Responsible AI Usage for Teens and Families
OpenAI has partnered with Common Sense Media, a nonprofit organization dedicated to making technology accessible and secure for young individuals. This collaboration seeks to create AI guidelines and educational materials…
Empowering Artists: Nightshade vs. AI Exploitation
In the ever-evolving landscape of artificial intelligence (AI), the battle for protecting artists’ intellectual property has taken a new turn with the introduction of innovative tools like Nightshade and Glaze.…
China Reduces Bank Reserve Requirements to Enhance Economic Stimulus Amid Slowing Growth
HONG KONG — In a significant move to stimulate its slowing economy, China’s central bank, the People’s Bank of China (PBOC), announced a reduction in the reserve requirement ratio (RRR)…
AC Ventures Secures $210 Million to Support Entrepreneurs in Indonesia and Southeast Asia
AC Ventures (ACV), a prominent venture capital firm based in Indonesia, recently achieved a significant milestone in its journey of fostering innovation and entrepreneurship. Last week, the firm announced the…
Malaysia launches grants for small businesses to combat unemployment and income inequality.
Ahmad Iskandar, a dynamic entrepreneur, embarked on a unique journey in the world of coffee by launching a modest grab-and-go coffee stall at the National University of Malaysia (UKM) earlier…
Tech giants Tencent and Alibaba acquire mainland properties amidst real estate slump 2024.
In recent years, China’s tech behemoths like Tencent Holdings and Alibaba Group Holding have pivoted towards significant investments in mainland real estate. This trend emerges amidst challenging economic conditions and…
Mediacorp Initiates ‘The Big Spark,’ a Platform Linking Aspiring Entrepreneurs in Southeast Asia with Investors
On Thursday, November 16, during the Singapore FinTech Festival, Mediacorp unveiled a groundbreaking initiative designed to transform the entrepreneurial landscape in Southeast Asia. This ambitious project, named “The Big Spark,”…
CEO Aged 41 with a Net Worth of $320 Million Credits Childhood Advice for Career Success
Early Life and Inspirations Emma Grede‘s story is not a typical tale of a business mogul groomed in the heart of Silicon Valley or the financial districts of Manhattan. Raised…
Biden Administration’s Strategic LNG Export Pause: A Balancing Act Between Climate Goals and Global Energy Needs
President Joe Biden’s temporary halt on new liquified natural gas (LNG) export project approvals marks a critical shift in U.S. energy policy. This pause, aimed at reassessing the environmental and…
Cybersecurity Automation Company Torq Secures $42 Million in Enhanced Series B Funding
Torq’s Journey in Revolutionizing Cybersecurity with Hyperautomation and AI In the dynamic landscape of cybersecurity, Torq, a company self-identified as a “hyperautomation” cybersecurity startup, has recently made headlines with its…
Artisse AI Secures $6.7M for Enhanced Realism in AI Photography App
“Artisse, a groundbreaking AI photo creation application, has recently secured a notable $6.7 million in seed funding. This surge in investment comes in the wake of the viral popularity of…
Wasabi, AWS’s competitor, enhances its cloud storage with Curio AI acquisition.
Boston-based Wasabi Technologies, a rising star in the data storage industry, has recently made headlines with a strategic move that positions it to compete more effectively with major cloud vendors…
Google Chrome introduces new artificial intelligence capabilities to enhance efficiency and creative potential
Google has recently upgraded its renowned web browser, Chrome, with the introduction of Chrome M121. This latest version stands out for integrating three innovative generative AI features, which are designed…
Vicarius secures $30 million in funding to enhance its AI-driven vulnerability resolution platform.
AI-Powered Cybersecurity: Vicarious’s Journey and Vision The field of cybersecurity is rapidly evolving, with artificial intelligence (AI) playing an increasingly crucial role. Vicarious, a New York-based AI-powered cybersecurity startup, stands…