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Shein slides 17% in gray market ahead of HK debut
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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.
Grace Priscilla Teo · · 1 min read
Singapore to invest $173m in fintech over 3 years
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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
Grace Priscilla Teo · · 1 min read
Why token prices are the wrong way to judge AI

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.
Gilang Kharisma · · 3 min read
Chinese AI chipmakers MetaX, Iluvatar swing to profit
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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).
Naomi Li Gan · · 1 min read
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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.
Diya Lal · · 1 min read
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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.
Grace Priscilla Teo · · 1 min read
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SMBC, Singtel back SG automation startup FileAI

FileAI also introduced fileScout, which it said is an AI-native unstructured data mapping tool.
Diya Lal · · 1 min read
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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.
Grace Priscilla Teo · · 1 min read
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Epson launches AX6 cobot in Southeast Asia

The 17 kg cobot can be taught by hand and programmed with Python or ROS.
Aiko Gao Ishida · · 1 min read
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