Search results for Southeast Asia
Telecommunications & Media
DBS, Citi cut Singapore-New York transfers from 2 days to minutes
DBS and Citigroup processed their first live weekend transaction sending U.S. dollars from Singapore to New York, using tokenised deposits via the Swift digital ledger, reports said. The banks said the approach reduced cross-border settlement time from up to 2 business days to minutes by avoiding delays from weekends and time zones. No separate cryptocurrency was used. The banks are pitching the capability to corporates including e-commerce and digital services firms.
Crypto
U.S., UK launch joint cooperation targeting crypto scam centres
The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.
AI & Enterprise
Intellivix wins Kosdaq preliminary listing approval, seeks standard IPO
Intellivix, an AI safety solutions company, said on Thursday it had passed the Korea Exchange’s preliminary review for a Kosdaq listing. Mirae Asset Securities is the lead underwriter. The company said it will pursue a standard listing based on performance rather than a technology special listing. Intellivix said it has posted profits for 13 straight years and reported rising revenue, along with operating profit and net profit last year.
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Crypto
Bitcoin holders top 500 million as mainstream asset threshold questioned
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Telecommunications & Media
KT expands roaming data benefits, launches 40GB plan
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Games & Commerce
TikTok signs MOU with Korea IP Protection Agency to tackle counterfeit K-brand goods
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AI & Enterprise
KT joins Thailand tech conference with 12 SME venture partners
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Environment
If Earth warms 2 degrees C, 650 million children face an extra month of extreme heat - study
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AI & Enterprise
Rableup files securities registration statement, steps up Kosdaq listing push
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AI & Enterprise
Liner raises 50 billion won in Series C to expand AI search and agent capabilities
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Industry
China opens door to private satellite IoT with commercial trial approval for Geely affiliate GeeSpace
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Games & Commerce
Musinsa expands into Vietnam with exclusive distribution deal with IPPG affiliate ACFC
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Mobility
China\'s EV export push puts U.S., Japan automakers on alert
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Industry
LG Electronics joins South Korea partners to restore marine ecosystems
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Crypto
Won stablecoin pilots enter proof stage as industry tie-ups accelerate
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Games & Commerce
HanbitSoft posts Q2 operating profit of 600 million won, up 1.8 percent year-on-year
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Games & Commerce
Playwith Korea unveils \'Seal M2\' brand identity, targets Q4 launch
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Industry
Vegetable variety decline puts healthy diets at risk - study