Tech in Asia

This marks a significant step in integrating generative AI (GenAI) into the financial sector.

In Q1 2025, the Korea Customs Service identified 29.5 billion won (US$20.8 million) in origin violations.

OpenAI's o3 model claims to solve over 25% of FrontierMath problems, but tests show only 10%.

The HSD system will debut in a high-end SUV brand under Chery, with production set to begin in September 2025.

Founders sometimes accept deal terms without fully grasping the possible long-term consequences for their startup, which could make operating or exiting harder.

Two-way trade between India and the US reached US$129 billion in 2024, with India enjoying a US$45.7 billion surplus.

Since January 17, 2025, Tesla’s stock has dropped 43% following weak deliveries and consumer protests.

The Chinese Ministry of Commerce criticized the US for “abusing tariffs” and “unilateral bullying.”

The seven-day average of trading volumes across major platforms like Binance, Coinbase, and Bitfinex fell to US$32 billion.

Groundup.ai combines AI agents, sensors, and machine learning to deliver insights for industrial operations.

Keppel's flagship funds target areas like data centers, education, and sustainable urban renewal.

The consortium cited market conditions and the investment environment as reasons for their withdrawal.

This week, the 60/40 Podcast dives into what it's like to build a business in the world's fourth-largest economy.

Fintech was the top-performing sector in March, raising US$82.5 million across 10 deals.

Lower production costs and a developed ecosystem are driving the shift from pilot projects to large-scale commercialization.

Future advancements will include wearables, predictive modeling, and AI-assisted diagnostics.

Advanced semiconductor technologies are predicted to account for up to 80% of the TSMC's total wafer revenue in 2025.

JPMorgan warns that while the tariffs may prevent a recession, they could hurt economic growth.

The coffee chain has made some bold moves, including a self-imposed 12-month lockup. Its share price has more than doubled since the IPO.

In today’s newsletter, we look at Singapore’s growing Don’t Die movement and where the Philippines stands in SEA’s data center race.