Olivia Poh

(Bloomberg) -- Sea Ltd.’s stock soared to its highest in more than two years after its e-commerce business returned to adjusted profit, a sign it’s holding its own against bigger Chinese rivals like Alibaba Group Holding Ltd.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictIts US shares climbed 10.5%,

Singapore police said they didn’t arrest a Chinese national accused of money laundering because they were not asked to do so by authorities in China, even though an Interpol Red Notice had been issued for him.

O Tyme Group, um banco digital controlado pelo bilionário sul-africano Patrice Motsepe, levantou US$ 250 milhões em uma rodada de financiamento que o tornou um dos poucos unicórnios da África.

Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers. But the region’s own young tech companies are failing to capitalize on the boom.

(Bloomberg) -- Southeast Asia is fast emerging as an investment hot spot for AI leaders like Nvidia Corp. and Microsoft Corp., which are plowing money into cloud services and data centers. But the region's own young tech companies are failing to capitalize on the boom.

Tyme Group, a digital lender controlled by South African billionaire Patrice Motsepe, raised $250 million in a funding round that made it one of Africa’s few unicorns.

Singapore police said they didn’t arrest a Chinese national accused of money laundering because they were not asked to do so by authorities in China, even though an Interpol Red Notice had been issued for him.

Singapore banks have a “small” exposure to India’s Adani Group, the Monetary Authority of Singapore said after a US bribery indictment against founder Gautam Adani triggered a selloff in the conglomerate’s stocks and bonds.

Southeast Asia’s AI growth is reshaping industries, yet local startups struggle to capitalize. What’s holding them back?