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Deals

DATA VANTAGE: Temasek beefs up GenZero capital and other updates

Temasek is expediting GenZero’s capital deployment cycle.

Just InTrending

1

DATA VANTAGE: Temasek beefs up GenZero capital and other updates

2

Temasek raised China exposure by $7.7b in FY26—the highest in 5 years

3

BlackRock's assets hit record $15t on buoyant markets, ETF inflows

4

SpaceX shares drop below IPO price for first time as blistering rally unravels

5

Uber nears $14.3b deal to acquire Delivery Hero: report

More Stories

1

Indonesian automotive platform Broom eyes fresh funding

2

Business banking push helps Grab-backed GXS narrow 2025 loss

3

IFC plans up to $175m backing for AirTrunk’s Malaysia data centres

4

Livspace’s co-founder raises stake via secondary share buy

5

Vietnamese coffee chain Every Half bags $8m from Openspace, DSG

Analysis

Temasek raised China exposure by $7.7b in FY26—the highest in 5 years

Temasek’s view is that China’s undervalued equities and AI capabilities can create returns.

Earnings and Results

BlackRock’s assets hit record $15t on buoyant markets, ETF inflows

Assets were up from $12.53 trillion a year earlier.

IPOs & Markets

SpaceX shares drop below IPO price for first time as blistering rally unravels

The shares slid 0.6% to close at $135.27.

Deals

Uber nears $14.3b deal to acquire Delivery Hero: report

Delivery Hero confirmed it was in advanced negotiations with Uber.

Indonesia

Indonesian automotive platform Broom eyes fresh funding

The company last raised $25m in an extended Series A round led by Openspace.

Rest of Asia

MBK Partners chairman offers guarantee for funding to revive Korea’s Homeplus

Michael Byungju Kim has offered a personal guarantee of $134m in emergency fund.

Malaysia

Former DP World boss takes charge of Malaysia MMC Port

MMC Ports had been expected to pursue what could have been Malaysia’s biggest IPO in over a decade.

India

Indian AI coding startup Emergent enters unicorn club with $130m Series C

Khosla Ventures and SoftBank Vision Fund 2 participated in the round led by Creaegis.

India

FMO proposes $30m investment in India’s Arohan Financial Services

Investment will support Arohan’s expansion in north and east India.

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