Asia News
Preqin announces growth and optimism in India's infrastructure sector
Preqin has announced that India's infrastructure sector is experiencing notable growth and investment, driven by increasing development demands and enhanced participation from private capital. Global investors maintain a positive outlook on the sector's future.
By D. D. Diggs | Oct 18, 2024
Preqin announces growth in India-focused real estate AUM
Preqin has announced that India-focused real estate funds' assets under management (AUM) have grown from $12.7 billion in 2010 to $21.3 billion in 2023. Despite this growth, India represents just 8% of the Asia-Pacific (APAC) real estate AUM, indicating potential for further expansion.
By B. B. Urness | Oct 12, 2024
Latest News
Preqin announces rapid growth in India’s private debt funds
By K. R. Nelson | Oct 10, 2024
Preqin has released a report highlighting the rapid growth of India's private debt funds, with assets under management rising from $0.7 billion in 2010 to $17.8 billion by 2023. This marks a significant outperformance compared to other asset classes in India.
Preqin announces report on resilience of private equity in India
By R. B. Pepalis | Oct 3, 2024
Preqin has released a report highlighting the increasing significance of private equity in India, a market traditionally dominated by venture capital. Despite challenges posed by global economic conditions and declining investor sentiment, private equity investments have demonstrated resilience.
Binance gives Vietnam users impacted by Typhoon Yagi $50 worth of BNB
By Globe Banner | Sep 16, 2024
Binance Charity announced it will airdrop up to $1 million in Binance Coin (BNB) to registered Binance users identified as living in areas in Northern Vietnam that were devasaid by Typhoon Yagi.
Binance assists Taiwan authorities with money-laundering scheme
By Globe Banner | May 22, 2024
Binance has announced on its blog that the company's Financial Crimes Compliance (FCC) department collaborated with Taiwan's Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to dismantle a cryptocurrency-backed money laundering scheme. The case reportedly involves approximately NT $200 million (U.S. $6 million).
Jun Okamura joins GA technologies Co.,Ltd.
By Globe Banner | Mar 8, 2024
Okamura assumed his new position on March 5, bringing with him a wealth of experience as an Artificial Intelligence engineer and data analyst. His previous employer remains undisclosed by GA Technologies.
World Trade Organization members endorse Timor-Leste's WTO accession package
By Globe Banner | Jan 18, 2024
The World Trade Organization (WTO) is set to approve the accession package for Timor-Leste’s membership, marking a significant step for one of the WTO's least developed countries. A formal decision on this matter is anticipated in the coming month.
Accenture announces new network of generative AI studios
By Globe Banner | Jan 8, 2024
Accenture, a leading global professional services company, has announced plans to expand its operations into the Asia Pacific and Latin America. This move will extend its reach into nine different countries, providing clients with access to artificial intelligence (AI) experts and data.
World Bank and Asian Development Bank collaborate on Nepal's hydropower sector sustainability
By Globe Banner | Dec 9, 2023
The World Bank recently announced a significant collaboration with the Asian Development Bank (ADB), marked by the signing of a memorandum of understanding (MOU) for an initial five-year period. The partnership is aimed at bolstering Nepal's hydropower sector, with particular focus on the proposed Upper Arun and Dudh Koshi hydropower projects.
EXCLUSIVE: Satellite photos show Pakistan terrorist attack caused limited damage
By Special to the Globe Banner | Nov 4, 2023
An Islamist terrorist attack on a Pakistani air force training base caused limited damage to two aircraft hangers, and no aircraft or military vehicles were damaged. That's according to satellite photos of Mianwal Air Force Base taken Saturday by Umbra Lab, obtained and analyzed by the Globe Banner.
Thai law enforcement official: 'Binance remains an essential ally in our combat against scams and cybercrimes'
By Globe Banner | Oct 3, 2023
Police Lieutenant Colonel Thanatus Kangruambutr, Inspector of the Cyber Support Unit in the High-Tech Crime Division at Thailand's Cyber Crime Investigation Bureau, recently thanked Binance for its assistance in dismantling a group of criminal scammers who preyed on thousands of victims. This operation was the second recent instance in which Binance, the largest cryptocurrency exchange in the world, assisted Thai law enforcement in disrupting organized criminal networks.
Jauregui: “We have been using EverestLabs RecycleOS AI and robotics solutions for nearly three years”
By Globe Banner Report | Sep 4, 2023
EverestLabs is continuing its global expansion efforts with a new Robotics Operations Center office in Guntur, Andhra Pradesh, India.. The new site will prioritize engineering.
Mattacchione: “It is both an honor and significant opportunity for our company to have been selected to participate as an invited member of the Team Canada Trade Mission to India”
By Globe Banner Report | Sep 4, 2023
Novo Integrated Sciences, Inc.’s Canadian subsidiary and nutraceutical manufacturer, Acenzia, has been invited to form part of a Team Canada Trade Mission to India.
Abdelgawad: 'Our new presence in Kochi underscores our belief in the region's potential and our commitment to our clients'
By Globe Banner Report | Aug 28, 2023
Virtual reality/augmented reality (VR/AR) company Tests Assured of San Jose, CA, has launched a new office in Kochi, India.
Citi Asia Pacific CEO: 'We are honored to be recognized as the leading digital bank in the region by The Asset Magazine'
By Globe Banner Report | Jun 30, 2023
Citi has been awarded the title of Digital Bank of the Year - Asia Pacific by The Asset Magazine in the publication's annual Triple A Digital Awards, according to Citi's website.
Crown Aesthetics general manager on expansion: 'Asia not only has a diverse population, but it is also experiencing rapid economic growth'
By Globe Banner Report | Jun 20, 2023
Crown Laboratories, Inc., a division of Crown Aesthetics, based in Dallas, confirmed plans to expand its operations in the Asia Pacific Region, according to a press release.
Iyuno CEO: 'We're thrilled to announce our acquisition of Ak'la Kara International, a leading provider of language services in Turkey'
By Globe Banner Report | Jun 14, 2023
Los Angeles-based entertainment solutions company, Iyuno recently acquired Istanbul-based dubbing studio, Ak'la Kara International, according to a press release.
Carenet Health launches internship programs alongside Philippine institutions ‘to develop key relationships there’
By Globe Banner Report | Jun 4, 2023
Carenet Health has teamed up with various private universities in Manila, Philippines, to launch a robust internship program to foster opportunities for students interested in the business, web and mobile application, data science and business analytics fields.
Netflix carries out $2.5 billion investment in Korean content to promote ‘global viewing’
By Globe Banner Report | May 23, 2023
Netflix confirmed plans to allocate $2.5 billion toward Korean content to showcase the potential of Asian productions to global viewers.