MaintainX more than doubled its valuation to $2.5 billion in its latest fundraising round, the equipment maintenance startup said on Wednesday, as startups that combine artificial intelligence with physical operations continue to attract investor interest. The company raised $150 million...
Late-stage investments rose but seed stage and early-stage funding both fell. Southeast Asian financial technology (fintech) companies amassed a total of $776m investments in the first six months of 2025, a 22% drop compared to the first half of 2024,...
Paper calls for central banks to lead preparations for looming security risk. The prospect of quantum computing poses an imminent threat to financial industry security, demanding urgent attention, according to a new paper from researchers at the Bank for International...
Vietnam’s economy expanded by an estimated 7.67% year-on-year in the second quarter, according to Finance Minister Nguyen Van Thang. This growth rate surpasses the 6.93% expansion recorded in the first quarter of 2024. The combined growth for the first half...
Oman’s banking sector showed robust growth by May, with total credit rising 8 percent to 33.6 billion Omani rials ($87.36 billion) and deposits increasing 7.9 percent, reflecting strong private sector activity and confidence. Data from the Central Bank of Oman...
The world's biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming. The Green Climate Fund's plan to release about $1.2...
In contrast, Japanese megabanks and DBS saw their market caps fall. Falling interest rates attracted investors to bank stocks and pushed up the market capitalizations of most major banks in Asia Pacific. Commonwealth Bank of Australia (CBA) became the fifth largest...
Global public debt rose to an all-time high of $102 trillion in 2024, representing a 7.36 percent increase compared to the previous year, according to a leading UN body. Nearly one-third of this total — or $31 trillion — is...
The UK government’s recently announced New Trade Strategy is an ambitious plan to protect UK businesses against the recent trade uncertainty and bolster the British export industry. The UK government’s recently announced New Trade Strategy is an ambitious plan to...
Trade credit insurers are bracing for a more challenging environment amidst projected decelerating global economic growth, compounded by uncertain geopolitical trajectories, according to Aon’s Market Insight Report for H1 2025. Global GDP is projected to slow to approximately 2.8% by...
