Finance

Temasek Holdings to take stake in Oxford Sciences Innovation

Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.

Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via...

PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.

Seedcom-Backed Cau Dat Farm Brings Smart Technology Into Vietnam Agricultural Production

Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).

DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission

Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.

Glassdoor Introduces Machine Learning To Help Users Know If They Are Being Fairly Paid

Glassdoor is pushing for workplace transparency by releasing a new tool at its job-search site which will ultimately help to close wage gap.

Japanese Fintech Company Money Forward Raises Another US$11 Million

Japanese personal accounting startup closes its Series D funding round securing US$11 million led by Mitsukoshi Holdings and Mizuho Capital.

Singapore To Be World’s Largest Fintech Hub, Marvelstone Group Announced

Singapore’s ambition to be a ‘Smart Nation’ is moving forward as MarvelStone, an Asian private investment group has announced on Tuesday that it will open the world’s largest fintech hub in Singapore next November. The facility will be known as Lattice80, spanning over 30,000 square feet and to be located in Singapore’s Central Business District, […]

JoJonomic Reach Singapore After Grabbing $1.5m Series A Funding For Expense Management Software

JoJonomic is an Indonesian startup that got their breakthrough when participating in Google’s launch pad accelerator in January 2016. One of just eight Indonesian companies selected, their expense management software stood out. Originally designed to help everyday people keep track of the day-to-day expenses by using a smartphone app to digitize receipts, tickets and more, […]

Sapphire Ventures Secures $1 Billion to Invest

Palo Alto based Sapphire Ventures, owned by SAP, secures $1 Billion to invest in a new $700 Million growth fund and a $300 Million tech fund. Following on the heels of a large group of venture groups – including Lightspeed Ventures Partners, Norwest Venture Partners, Accel Partners, Founders Fund, and Andreessen Horowitz – Sapphire Ventures […]

App Annie’s latest prediction: Worldwide App Downloads Reach 280 billion by the year 2020

The day is nearly upon you – a tweet orders your favorite pizza, your Apple Watch places your Buy Stock transaction, you automatically add the song playing in your favorite restaurant to your Spotify playlist. That’s right – as your favorite brands adopt the latest mobile app technology to further engage you – App Downloads […]
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