Asia
- OpenAI to open Singapore AI lab as Apac investments ramp upby Ryan Cheng on May 22, 2026 at 3:48 am
The ChatGPT maker will commit more than $234m to support the city-state’s national AI strategy, alongside collaborations with Google and Nvidia; in addition, AMD is investing $10bn in Taiwan’s AI infrastructure and AI has boosted Lenovo's revenues.
- Anthony Attia to take reins at ASX in Septemberby Ryan Cheng on May 21, 2026 at 8:14 am
The former Euronext executive will succeed Helen Lofthouse amid ongoing reforms at the Australian Securities Exchange; Darren Yip steps into the role on an interim basis at the end of May.
- Hunter Point Capital opens Hong Kong officeby Ryan Cheng on May 20, 2026 at 3:02 am
The US investment firm’s new office will be led by Peter Rosenbloom, managing director and head of Asia Pacific, as HPC expands its private markets presence in the region.
- IEA warns Southeast Asia’s coal exit hinges on credible transition financeby Nishtha Asthana on May 19, 2026 at 11:00 pm
A new International Energy Agency report, unveiled at GenZero Climate Summit 2026, says transition credits could accelerate Asia’s coal phase-down, but only if backed by stronger policy, power planning and market integrity.
- Standard Chartered to cut 15% of back-office roles by 2030by Andrew Tjaardstra on May 19, 2026 at 10:16 am
The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,800 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.
- Bain Capital raises $10.5bn for sixth Asia fundby Ryan Cheng on May 19, 2026 at 6:44 am
Asia Fund VI exceeded its $7bn target and will focus on opportunities across technology, industrials, consumer, healthcare, business and financial services.
- Beijing tightens overseas investment oversight amid security concernsby Han Shih Toh on May 17, 2026 at 11:24 pm
Chinese regulators have blocked Meta’s acquisition of AI firm Manus, and fined a Chinese food firm using new overseas listing rules, as tech security concerns rise.
- PIF’s strategic reset signals a more disciplined global ambitionby Nishtha Asthana on May 15, 2026 at 7:01 am
In its latest five-year plan, Saudi Arabia’s sovereign wealth fund is recalibrating its global investment strategy, pulling back from expensive prestige bets, even as it expands deeper into Asia and doubles down on long-term economic transformation.
- Opinion: China's deepening presence in Europe’s tech and manufacturing sectorsby Adam Zhang Yu on May 15, 2026 at 3:07 am
Rather than relying solely on exports, Chinese companies are gradually integrating into Europe’s industrial fabric, argues Collabrium Partners' Adam Zhang Yu.
- Midea Group completes HK$17.2bn convertible bond issuanceby Andrew Tjaardstra on May 15, 2026 at 2:14 am
As jumbo sized issuances continue in Apac, 60% of the proceeds from the dual-tranche issuance will be used for international expansion by the Chinese home appliance giant.