Olivia Poh

By University students gather for a demonstration to show their support for the Houthi movement amid escalating tensions with Saudi Arabia, at

The Houthis claimed to have hit Saudi Arabia with missiles on Saturday morning, deepening their involvement in the Middle East war, while the U.S. appeared to end a run of 13 days of strikes on Iran.

GoTo Group reported its second consecutive quarter of net income, boosting the Indonesian ride-hailing and food delivery company’s efforts to navigate a challenging consumer market and a looming cut to ride-hailing commissions.

Grab Holdings Ltd. raised its annual earnings and sales forecasts, a sign that robust demand from Southeast Asian commuters is helping to absorb impact of higher fuel prices stemming from the Middle East conflict.

Sea Ltd. raised the earnings forecast for its e-commerce business after quarterly sales topped estimates, a signal that robust demand from Southeast Asian consumers is helping it fend off rivals.

GoTo Group, the Indonesian ride-hailing and food delivery platform once valued at more than $32 billion, faces the prospect of being dropped from MSCI Inc.’s indexes on Wednesday after a plunge in its share price left the stock difficult to trade.

Morgan Stanley and Schroders Plc took part in a A$1.05 billion ($750 million) fundraising by Canva Inc. backer Blackbird Ventures, closing the largest financing for an Australian venture capital firm.

Ajaib, an Indonesian online stock trading platform, scored $270 million in the country’s largest tech fundraising round since 2022, a rare bright spot for the country’s struggling startup economy.

Singapore-based Circles Group is spinning off its business that provides digital software services to telecom operators.

Grab Holdings Ltd., the biggest ride-hailing and food-delivery firm in Southeast Asia, is in talks to buy a majority stake in Singapore-based buy-now-pay-later platform Atome Financial, according to people familiar with the matter.