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Analysis

Editor’s Take: The Week That Was—Oct 12-17

This week, we officially announced the Malaysia Capital & Growth Summit 2027.

Just InTrending

1

Editor’s Take: The Week That Was—Oct 12-17

2

Tiger-backed Moglix's loss widens in FY26 despite higher revenue

3

SoftBank weighs $18b acquisition of US security services firm Allied Universal

4

Li Auto's chip unit to raise at least $243m in first equity financing

5

Hong Kong to launch one-day settlement in second half of 2028

More Stories

1

Li Auto’s chip unit to raise at least $243m in first equity financing

2

Tiger-backed Moglix’s loss widens in FY26 despite higher revenue

3

Vertex Ventures SEA & India leads $29m funding in RapidCanvas

4

SoftBank weighs $18b acquisition of US security services firm Allied Universal

5

Norfund, Impact Fund Denmark invest in Philippine solar project

Earnings and Results

Tiger-backed Moglix’s loss widens in FY26 despite higher revenue

Net loss rose 22.3% to $13.94 million from $11.4 million in the previous financial year.

Deals

SoftBank weighs $18b acquisition of US security services firm Allied Universal

With Allied, SoftBank would look to eventually replace some staff with robots for certain security tasks.

Venture Capital

Li Auto’s chip unit to raise at least $243m in first equity financing

MHX Technology has entered into agreements to raise $150m from the parent company.

IPOs & Markets

Hong Kong to launch one-day settlement in second half of 2028

Under a T+1 settlement cycle, securities transactions are settled one business day after the trade date.

India

Vertex Ventures SEA & India leads $29m funding in RapidCanvas

The latest funding takes the company’s total capital raised to $52.5 million.

Philippines

Norfund, Impact Fund Denmark invest in Philippine solar project

The project reached financial close in July, having secured $310m in senior debt financing.

India

Indian govt says rogue AI agent broke into Indian firms’ live systems

The disclosure brings India into a growing global debate over how AI companies test models.

Greater China

AI agents showed unintended browsing behaviour, says Tencent

The statement followed a report by AI-safety research group Swarmchasers.

Indonesia

IDX fines entities for trading violations in shares of three listed firms

The sanctions were part of Indonesia’s market reforms.

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