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Category Asia News

Southeast Asia’s Next Growth Engine Runs on AI Infrastructure, United Overseas Bank Says

Southeast Asia’s Next Growth Engine Runs on AI Infrastructure, United Overseas Bank Says

In Brief UOB executives say AI infrastructure could power Southeast Asia's next chapter of economic growth. Wood Mackenzie projects data center ...
Pakistan’s FIA Launches Crypto Investigation Unit to Fight Money Laundering

Pakistan’s FIA Launches Crypto Investigation Unit to Fight Money Laundering

In Brief Pakistan's FIA sets up a crypto investigation unit to fight money laundering. The unit probes criminal crypto use while PVARA regulates t...
Thailand Wants to Audit USDT Transactions in New Crackdown

Thailand Wants to Audit USDT Transactions in New Crackdown

In Brief Bank of Thailand and SEC are auditing high-volume USDT trades to block illicit flows. Thailand plans Q4 source checks on cash deposits ab...
KOSPI Falls 8%, Triggers Circuit Breakers, as Big Tech Selloff Hits Asia

KOSPI Falls 8%, Triggers Circuit Breakers, as Big Tech Selloff Hits Asia

In Brief KOSPI plunged over 4% as foreign investors dumped 2.18 trillion won in shares. Nikkei 225 snapped an eight-session winning streak, fallin...
Goldman Sachs Warns of Food-Supply Shock in Southeast Asia

Goldman Sachs Warns of Food-Supply Shock in Southeast Asia

In Brief Goldman Sachs warns Southeast Asia faces a food-supply shock from oil and El Niño. The bank sees regional food inflation rising 2.1 perce...