Vietnam
Annual EV sales in Vietnam skyrocketed to nearly 175,000 last year.
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Fore Coffee posts 60% profit growth in seasonally weak Q1
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Indian brokerage Groww's quarterly profit more than doubles on trading surge
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Fullerton's Thai PE fund fully deployed following Aura Wellness investment
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Vietnam Digest: Earth Venture Capital, VNG in funding news
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PH fintech Salmon secures $100m in equity, debt funding
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Strong private market performance draws retail investors, but it could be a tricky ride
Premji Invest in advanced talks to back Nagpur-based NewEra Hospitals
Greater China
The companies fined include Pinduoduo, Meituan, and JD.com.
The fund has secured $520 million in its first close.
Indonesia
Prosecutors allege the trio had “abused their authority”.
The move is aimed at reducing risks of stock market manipulation.
Rest of Asia
Local investment will be 80% and international investment about 20%.
The court proceedings outlined alleged financial losses affecting tens of thousands of parties.
Creditors have until June 10 to file their claims with the administrator.
Market participants have raised concerns over the cost of compliance.
World
Last month, it became the first-ever crypto company to win a Fed master account.