Rest of Asia
The sovereign wealth fund’s assets exceeded $1 trillion in 2024.
1
EDBI acquires over 35% stake in Singapore-based semiconductor firm Advanced Micro Foundry
2
US lifts export restrictions on chip design software to China
3
LeapFrog, Kedaara in talks to acquire majority stake in India's Surya Hospitals
4
AGL Energy buys South Australia's Virtual Power Plant from Tesla
5
IFC mulls $150m bet on Ares fund targeting distressed assets in SE Asia, India
More Stories
Peak XV’s second act: From record returns to a reinvention around AI
New Indonesia-focused climate fund launched with first A$50 million
Beam and Neuron to merge in bid to dominate APAC micromobility
Danantara, Saudi firm ink $10b pact for Indonesia’s green energy push
Hamilton Lane among first managers to launch evergreen fund for Asia
World
For the first time in its history, Prosus’ free cash flow was positive.
OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.
Vietnam
Deliveries leapt nearly 300% in Q1, mainly driven by sales in Vietnam, its biggest market.
Greater China
Didi generates most of its revenue at home but also has a significant presence in Brazil and Mexico.
Loss from smart EV, AI and other new projects amounted to $69.5m in Q1 2025.
India
Ola has struggled with slowing sales, regulatory pressure and competition since going public.
Revenue rose 18.1% as it targeted cost-conscious Chinese consumers with value-for-money products.
Singapore
Net profit for the year ended March 31 was S$2.47b.
Baidu’s online marketing business revenue fell 6%.
