Private funding for Southeast Asia’s internet economy reached $7.7 billion in the 12 months to June 2025 — up 15% year-on-year, yet still lagging the global private equity and venture capital growth rate of 25%, according to the annual Google–Temasek–Bain report released this week. While the region’s digital economy remains one of the fastest-growing globally,...
A new wave of digital asset treasury (DAT) companies — publicly listed firms that hold cryptocurrencies on their balance sheets — is moving beyond Bitcoin and Ether into smaller, less liquid tokens, alarming regulators and investors alike. According to DLA Piper, there are now over 200 DATs with a combined market capitalization of $150 billion,...
All eyes are on Chevron’s Investor Day in New York this Wednesday, where CEO Mike Wirth is expected to outline the company’s next phase of growth following its $55B acquisition of Hess Corp. The event marks a turning point for Chevron after it prevailed in arbitration to finalize the Hess deal — securing a 30%...
Vancouver-based Clio, a global leader in AI-powered legal technology, has raised $500 million in fresh capital led by New Enterprise Associates (NEA) — boosting its valuation to $5 billion. The funding underscores the accelerating momentum behind AI tools transforming professional services, as firms seek to automate workflows, reduce costs, and improve decision-making. 🔹 Key Highlights...
Hedge funds’ confidence in global consumer spending has sharply deteriorated, with exposure to consumer discretionary stocks — including hotels, restaurants, and leisure firms — plunging to the lowest levels since the 2020 pandemic, according to Goldman Sachs’ latest hedge flow data. The shift marks a decisive rotation away from sectors tied to household spending power...
Singapore-based Grab Holdings announced a $60 million investment in Berlin-founded Vay Technology, the pioneer of remote-driving (teledriving) systems — sending Grab’s shares up over 6% in pre-market trading. The deal positions Grab at the forefront of autonomous and connected mobility, blending its dominant Southeast Asian ride-hailing platform with cutting-edge driverless tech. 🔹 The Strategic Vision...