Singapore’s three largest banks have surged to record highs, driving the benchmark Straits Times Index (STI) to a fresh all-time peak and propelling DBS Group Holdings above S$200 billion ($149 billion) in market capitalization, making it the first company listed on the Singapore Exchange to reach that milestone. The rally comes as investors take positions […] The post Singapore Banks Hit Record Highs as DBS Becomes First S$200bn Listed Company Ahead of Earnings appeared first on Tekedia.

Shares of SK Hynix plunged more than 15% in Seoul on Monday, marking the company’s worst single-day decline on record, as investors rushed to lock in profits following its blockbuster Nasdaq debut and reassessed valuations amid uncertainty over the next phase of the artificial intelligence investment cycle. The memory-chip maker’s shares closed 15.4% lower, their […] The post SK Hynix Suffers Record One-Day Drop After Nasdaq Debut as Investors Lock in AI-Fueled Gains appeared first on Tekedia.

German defense technology startup Helsing has raised $1.8 billion in one of Europe’s largest private funding rounds, valuing the artificial intelligence-driven defense company at $18 billion as investors continue to pour money into military technology amid rising geopolitical tensions and a sharp increase in European defense spending. The company announced on Monday that the financing […] The post German Helsing raises $1.8bn at $18bn valuation as investors double down on Europe’s AI defense ambitions appeared first on Tekedia.

The Middle East has once again become the center of global market anxiety following reports that the United States conducted strikes against Iranian targets near the Strait of Hormuz, one of the world’s most strategically important maritime chokepoints. The escalation quickly intensified after Iran allegedly launched attacks against other Gulf states and formally announced the […] The post US Strikes Iranian Targets as Iran Closes Strait of Hormuz, Sending Oil Prices Soaring appeared first on Tekedia.

Investor Michael Burry has launched a sharp attack on prediction markets such as Kalshi, saying that they are effectively gambling platforms operating through a regulatory loophole and warning that retail users are vulnerable to unfair trading practices. Burry speaks as prediction markets face growing scrutiny from researchers, lawmakers and investors over whether the platforms provide […] The post Michael Burry Blasts Prediction Markets As ‘Gambling Platforms’ Operating Through ‘Regulatory Loophole.’ appeared first on Tekedia.

BlackRock, the world’s largest asset manager, has been sued by investors who allege the firm used improper accounting practices that artificially inflated the net asset values (NAVs) of more than 70 equity mutual funds, causing shareholders to pay excessive management fees and incur larger tax liabilities. The proposed class action, filed on Monday in New […] The post BlackRock Sued Over Alleged NAV Inflation That Investors Say Led To Higher Fees And Tax Bills appeared first on Tekedia.

OPEC has lowered its forecast for global oil demand growth in 2026 for the third consecutive month, underscoring growing concerns that geopolitical tensions, disrupted trade flows and a slowing global economy will weigh on fuel consumption. In its monthly oil market report released on Monday, OPEC projected world oil demand will grow by 780,000 barrels […] The post OPEC Cuts 2026 Oil Demand Growth Forecast for Third Straight Month as Middle East Disruptions Cloud Outlook appeared first on Tekedia.

Anthropic has begun rolling out Indian rupee pricing for its Claude AI assistant, marking a significant step in its expansion strategy in what has become the company’s largest market outside the United States. There has been intensifying competition among global AI developers as they seek to attract paying users in India, a country with one […] The post Anthropic Introduces Rupee Pricing For Claude In India As AI Firms Intensify Competition In Key Growth Market appeared first on Tekedia.

President Donald Trump has urged the U.S. Senate to pass the cryptocurrency market structure legislation known as the Clarity Act, framing its approval as a tribute to the late Senator Lindsey Graham while tying the measure to Washington’s broader competition with China in digital assets and artificial intelligence. Trump made the appeal in a post […] The post Trump Urges Senate to Pass Crypto Clarity Act After Graham’s Death, Links Bill to AI And China Rivalry appeared first on Tekedia.

In a significant development for the future of finance, JPMorgan, Goldman Sachs, BlackRock, Coinbase, and over 50 other major firms have partnered to develop practical tokenization use cases across the United Kingdom. This collaboration signals a strong push by traditional financial institutions toward blockchain technology, aiming to modernize how assets are issued, traded, and managed […] The post JP Morgan And Other Major Banks Partner to Launch Massive Tokenization Push in Britain appeared first on Tekedia.

Microsoft CEO Satya Nadella has criticized the business practices of leading artificial intelligence developers, arguing that frontier AI companies are applying a double standard by relying on publicly available data to train their models while restricting others from using distillation techniques to build competing systems. In a post on X on Sunday, Nadella questioned what […] The post Microsoft CEO Satya Nadella Takes Aim at AI Labs Over Model Training, Calls Distillation Restrictions ‘Hypocritical’ appeared first on Tekedia.

In the Igbo Nation, it takes the killing of just one leopard to earn the title “killer of leopards”. Today, the rains continue to fall with blessings upon the Tekedia Capital community. The post OpenAI Acquires Tensorpool and Tekedia Capital Says Goodbye to Tensorpool appeared first on Tekedia.

China’s economy is expected to have lost momentum in the second quarter as soft consumer spending, weak private investment and a prolonged property downturn outweighed the benefits of resilient exports, bolstering expectations that Beijing will roll out additional fiscal support in the second half of the year. A Reuters poll of 54 economists forecasts that […] The post China’s economic growth seen slowing in the second quarter as weak domestic demand raises stimulus expectations appeared first on Tekedia.

Samsung Electronics said on Monday it will accelerate the launch of its first semiconductor fabrication plant in Yongin, bringing forward the start of operations to 2029 from the previously expected 2030-2031 timeframe as it races to expand production capacity for artificial intelligence memory chips. The decision follows intensifying global competition among chipmakers to meet soaring […] The post Samsung Speeds Up Yongin AI Chip Plant by Up to Two Years as South Korea Races to Expand Semiconductor Capacity appeared first on Tekedia.

U.S. Treasury yields were little changed on Monday as investors weighed renewed military escalation between the United States and Iran against a packed week of economic data that could reshape expectations for Federal Reserve policy. The benchmark 10-year Treasury yield was broadly unchanged at 4.473%, while the two-year yield, which is more sensitive to monetary […] The post Treasury Yields Hold Steady as U.S.-Iran Escalation Clouds Fed Outlook; Oil Climbs, Gold Falls and Dollar Gives Up Early Gains appeared first on Tekedia.

Nigerian fintech Nearpays has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit. The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social […] The post Nigeria’s Nearpays Becomes First African Startup to Win the UN’s AI for Good Innovation Factory appeared first on Tech In Africa.

Timon, a stablecoin-powered travel payments startup, is scaling up its Kenyan operations after crossing 100,000 users across Africa — a milestone that underscores rising demand for cross-border financial tools built for Africans who increasingly earn, live, and travel internationally. The expansion follows fresh backing from Alliance, one of the world’s leading accelerators for crypto startups. […] The post Alliance-Backed Timon Pushes Into Kenya After Passing 100,000 Users appeared first on Tech In Africa.

Michael Saylor recently outlined a strategic vision for the next decade of digital asset evolution and macroeconomic integration. His analysis suggests that long-term network growth will depend significantly on the stability and security of the foundational protocol layer, while financial ecosystem expansion shifts toward global capital markets, credit networks, and institutional integration. This perspective represents […] The post Michael Saylor Highlights Capital Flows and Protocol Stability as Key to Bitcoin’s Future appeared first on Tekedia.

Japan is preparing to significantly increase the share of private equity, real estate and other alternative assets held by the Government Pension Investment Fund (GPIF), according to a Nikkei report, marking another step in the government’s effort to reshape the investment strategy of the world’s largest pension fund. The planned shift comes as Tokyo seeks […] The post Japan to Expand GPIF’s Alternative Investments as Govt. Pushes Broader Overhaul of $1.8tn Pension Portfolio appeared first on Tekedia.

A majority of Americans support giving the public a direct ownership stake in the country’s largest artificial intelligence companies, reflecting growing concerns that the economic benefits of the AI boom are becoming concentrated among a handful of technology firms while workers bear the costs of job displacement. A new national survey by research firm Verasight […] The post Majority of Americans Back Public Ownership of AI Companies Through Sovereign Wealth Fund, a survey finds appeared first on Tekedia.

The long-running feud between Elon Musk and OpenAI Chief Executive Officer Sam Altman flared up again over the weekend, with both entrepreneurs exchanging personal attacks on social media just days after unveiling competing artificial intelligence models and amid Apple’s lawsuit accusing OpenAI of trade secret theft. The latest public clash escalates the increasingly fierce rivalry […] The post Musk, Altman Reignite Feud As AI Rivalry Escalates After Latest Model Launches And Apple Lawsuit appeared first on Tekedia.

HR leaders have never faced a more complex set of challenges. Artificial intelligence is reshaping jobs, skills shortages continue to intensify, employee expectations are evolving, hybrid work has become the norm, and organisations are under pressure to improve productivity while protecting employee wellbeing. At the same time, HR departments are expected to deliver strategic business […]

NEC Africa and PowerX have announced a strategic partnership to deliver intelligent remote management system (RMS) and energy efficiency solutions for large, distributed telecommunications networks across Africa. The partnership combines NEC’s proven track record of large-scale ICT delivery across Africa with PowerX’s market-leading machine learning and AI analytics platform. The result is a single, accountable […]

For 20 years, payment security treated bots as the enemy. Agentic commerce just flipped that assumption upside down. Over the last year, agentic commerce has shifted from a conference concept to reality. Visa enrolled local banks in its Agentic Ready programme, Mastercard unveiled Agent Pay, and OpenAI and Stripe integrated Instant Checkout. By March 2026, […]

At some point between loading a classic 5-reel and stumbling onto a Megaways title, a lot of Australian pokies players land on something labelled 243 ways and move on without thinking about it. The number is specific: a direct product of the grid dimensions. It changes how wins form, how often they hit, and why […] The post 243 Ways to Win Pokies Explained for Australian Players 2026 appeared first on Tekedia.

Directive 11 is live. SARS is chasing R44 billion in unpaid taxes from companies still holding state contracts. A cabinet minister just lost her job over undisclosed benefits. The regulatory environment in South Africa has shifted – not gradually, but all at once. The question isn’t whether your organisation is compliant. The question is whether […]

Something exciting is taking place in Nigeria right now. The energy in the air is palpable. The citizens can feel it. I felt it too the last time I was there. A feeling that change is coming, and is coming fast. It didn’t take me long to trace back to the source of this unmistakable […]