Huobi Pro Exchange to Suspend Crypto Trading in Japan

Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country. ...

Is the tech industry poised to overtake oil and gas jobs in the Middle East?

In 2018, 71 percent of employers have plans to increase their hiring rates in the next 12 months and 66 percent are optimistic about the year-on-year market activity for their businesses. These figures are taken from a research conducted by Hays Group for the Middle East region, and they are a positive indicator that Middle Eastern employers are ...

Udacity introduces a Blockchain developer nanodegree programme for the region

Online classes platform Udacity, the education technology company brought to the region from Silicon Valley, has announced its new Blockchain Nanodegree Programme which is accessible online across the GCC, Jordan and Lebanon. Registration is open and the course will start from 10th July 2018. With prices starting from AED 3,750 (around $1,000) ...

Parent friendly App Winnie raises $4 million

Winnie is an app that aims to create and organize the information parents need and make it accessible through products, technology & community has raised $4 million in additional seed funding in a round led by Reach Capital. Other investors in the new round include Rethink Impact, Homebrew, Ludlow Ventures, Afore Capital, and BBG Ventures, […] ...

Top 10 Artificial Intelligence Startups in the UK

A new startup almost launches every week in the UK with Artificial Intelligence as its propelling force. The UK has one of the strongest artificial intelligence startup ecosystems in the word. We don’t know whether AI will prove to be the serpent and enslave the entire human race or entirely revolutionize the world. Either way, […] The post Top 10 ...

Will Food Ecommerce Ever Catch Up to Online Retail?

Regardless of ecommerce niche or sector, customers value convenience—a concept that’s always trending toward greater ease and immediacy. We live in a world in which even standard shipping now seems “slow.” Customers are increasingly impatient for the goods they order online to show up on their doorstep or at a designated pickup location. Merchants ...

Singapore: Temasek, GGV co-lead CashShield’s $20m Series B

Singapore-based global online fraud management company CashShield has raised a $20-million Series B round, co-led by Temasek and early backer GGV Capital . In a statement, CashShield said the latest funding round, which was joined by Tony Fadell, Wavemaker Partners and Tao Zhang, brings its total financing to date to $25.5 million. The latest ...

Singapore’s CapitaLand acquires prime mixed-used site in Chongqing for $867m

Singapore-based property developer CapitaLand announced on Wednesday that it has acquired a 32-hectare prime mixed-used site in Chongqing, China for a total consideration of RMB 5.7 billion ($867 million). In a statement, CapitaLand said the acquisition will add over 2,100 units to its residential pipeline in China and double its retail network in ...

Exclusive: KV Asia Capital plans $500m second vehicle, could launch by year-end

Singapore-headquartered private equity firm KV Asia Capital is planning to raise about $500 million for its second vehicle, KV Asia Capital Fund II, an industry source aware of the development told this portal. This will mark a near doubling of fund size from its first vehicle that closed at $263 million in late 2013. Continue reading this premium ...

Singapore’s DBS Bank to launch India subsidiary in October

DBS Bank of Singapore Tuesday said it will launch its India subsidiary in October, the second foreign bank in the country to convert its local operations into a wholly-owned entity. State Bank of Mauritius was the first to open a local subsidiary in India last year, after RBI came out with the regulations in 2013. DBS said the setting up of the ...
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