Rest of Asia
GIC will buy about half of Works Human’s shares.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
More Stories
Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
Greater China
Conditions include sharing excess profit with the US government.
Southeast Asia
The investment is Ford’s first in the Southeast Asian country.
Indonesia
The company is backed by AC Ventures, Ephesus United, Teja Ventures, SGInnovate, and Partech.
Singapore
SIA Engineering expects the deal to earn $858m revenue over its three-year term.
Vietnam
Thailand’s Central Group and other companies are in negotiations, Reuters reported.
World
The letter detailed potential risks to society and civilisation by human-competitive AI systems.
Mainland China computer, communications equipment and media indexes have surged between 29% and 35% this year.
Before the transaction, 3D had been Toshiba’s second-largest shareholder with an over 7% stake.
The bid-ask gap is particularly wide for Chinese, technology, and crypto assets, investors said.
