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Shein slides 17% in gray market ahead of HK debut
Shein also revealed a quarterly loss ahead of the deal and warned that tariffs were hurting earnings.
Singapore to invest $173m in fintech over 3 years
MAS said Singapore has more than 1,800 fintech firms that employ close to 10,000 professionals
Why token prices are the wrong way to judge AI
Factory’s Eno Reyes explains why judging AI by token price is misleading, and why measuring the true cost of finished work matters more.
Chinese AI chipmakers MetaX, Iluvatar swing to profit
MetaX, a Shanghai-listed graphics processing unit (GPU) designer founded in 2020, reported a net profit of 612 million yuan (US$91.1 million).
Bitcoin trades near $77,600, up 23% in August
Bitcoin was still up 23% in August, compared with a 9% gain for gold and a 4% rise for the Nasdaq.
Chinese memory chipmaker Longsys seeks $801m in HK IPO
Longsys, a Shenzhen-listed memory and storage company that acquired brands including Lexar and FORESEE and makes FORESEE Double Data Rate memory modules.
SMBC, Singtel back SG automation startup FileAI
FileAI also introduced fileScout, which it said is an AI-native unstructured data mapping tool.
SK hynix eyes Japan memory plant as AI demand rises
SK Inc Chairman Chey Tae-won said in Sendai that SK hynix is considering locations in Japan with reliable power and water.
Epson launches AX6 cobot in Southeast Asia
The 17 kg cobot can be taught by hand and programmed with Python or ROS.
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