Indonesia
Oversight of crypto is being transferred to the OJK from Bappebti.
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Shanghai presses ahead into secondary market with new 10b yuan fund
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Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Singapore’s Keppel set to raise over $2.7b across three funds this year
Schroders Capital’s $12.3b renewables arm to make next move in Asia
After blistering growth, Indonesia’s data centre firms shift focus to stability, margins
Vietnam-based Masan’s FMCG unit weighs IPO among fundraising options
World
Apple has been slower in rolling out generative AI than rivals Microsoft and Google.
Greater China
State capital investors have emerged as a driving force in China’s fledgling secondary market amid a tepid exit landscape.
Vietnam
Tech is still one of the least active sectors in Vietnam in terms of M&A transactions, per a report.
Competition, manpower shortage pose challenges as initial euphoria settles down.
Malaysia
As part of the merger, long-haul airline AirAsia X will take over Capital A’s aviation business.
ETFs based on bitcoin and ethereum will list on the HKEX next week.
Premium features are seen in EVs as cheap as $20,000.
In a statement on Toutiao, ByteDance said it had no plans to sell TikTok.
Vingroup is also considering listing its hospitality unit Vinpearl and GSM, the taxi unit.