Investors in the Series H round of the global payments and financial services firm include Addition, T. Rowe Price and Baillie Gifford; Airwallex has also appointed a new CFO.
The index provider cited unresolved market-accessibility issues for global investors, including limits around Korean won convertibility. Korean semiconductor giant SK Hynix is seeking direct access to US investors amid surging demand for AI memory chips.
The proposed VITRO REIT listing would be the Philippines’ first digital infrastructure REIT, amid a quiet Southeast Asia IPO market and increasing demand for data centre development.
The HKEX-owned exchange will list a cash-settled HRC contract referencing SHFE prices, offering overseas participants exposure to China’s flat steel market; trading is expected to begin in October.
Japan’s largest taxi-hailing app operator opened 21.25% above its offer price on the Tokyo Stock Exchange, with Nomura, Goldman Sachs and BofA Securities acting as joint global coordinators.
Jason Zeall, director, Sun Hung Kai Capital Partners, shares his views on aligning the interests of general and limited partners in a more challenging environment for private equity firms.
Facing limited land, power and access to frontier compute, Singtel is helping build a sovereign AI ecosystem that combines infrastructure innovation, strategic partnerships and regional expansion to support Singapore's AI ambitions, according to the firm's CTO.