Tokyo-based Headline Asia has closed its fifth fund at USD 145 million to back early-stage tech startups across Japan, Taiwan, Southeast Asia, and selectively in South Korea. Backers include JIC, ...

Backed by Stellantis, the Chinese automaker is narrowing losses and gaining ground at home, but trade tensions may cloud its ...

Leapmotor reported record Q1 2025 revenue of RMB 10.02 billion, up 187.1% YoY, as vehicle deliveries surged 162.1% to 87,552 units. Gross margin improved to 14.9%, supported by increased scale, cost ...

Geely’s Egyptian distributor Abou Ghaly Motors has delivered 150 locally assembled Emgrand sedans to the National Bank of Egypt under a new fleet agreement. The vehicles were produced at Geely’s plant ...

Shares of Chinese battery giant CATL opened at HKD 296 in their Hong Kong debut, rising 12.5% from the IPO price of HKD 263. The listing raised USD 4.6 billion, making it the largest global IPO so far ...

Biotechnology firm Phase Scientific has completed a USD 34 million Series A funding round led by a private equity fund managed by Value Partners Group, with support from undisclosed new and existing ...

Ant Group’s international division generated nearly USD 3 billion in revenue in 2024 and recorded its second consecutive year of adjusted profit. Headquartered in Singapore, the unit is expanding ...

Prop tech startup MilikiRumah has launched a USD 50 million rent-to-own housing fund, achieving a first close of USD 10 million. Backed by Ruifeng Wealth Management, Tembusu Partners, and Trigger ...

Officials from Hong Kong and mainland China have signed a new agreement to link their respective digital customs clearance platforms. The deal aims to enhance cross-border trade efficiency through ...

Hon Hai Precision, also known as Foxconn, invested USD 1.5 billion into its India unit to support new factories and increased production. The move is part of Apple’s broader strategy to diversify its ...

Geely’s Egyptian distributor Abou Ghaly Motors has delivered 150 locally assembled Emgrand sedans to the National Bank of Egypt under a new fleet agreement. The vehicles were produced at Geely’s plant ...

Firsty, a Singapore-based provider of free mobile data, has raised SGD 7.5 million to scale its freemium model and expand across Asia. The funding coincides with a new partnership with travel tech ...