Cega raises $5M in funding

Cega Finance, a Singapore-based provider of a decentralized finance application, raised $5M in funding. The round, which brought the total amount to $9.3M, was led...

Tencent bosses confident of tapping China growth

Chinese internet giant Tencent registered double-digit profit growth in the final quarter of 2022, led by gains in online advertising and international games, though its...

China names new head for state-backed chip fund

China appointed an ex-government official to lead a state-backed investment fund focused on the chipmaking sector as it moves to support its domestic industry in...