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Airwallex Brings Agentic Banking to Business Accounts
Airwallex has upgraded its Agentic Business Accounts to enable AI agents to perform corporate finance tasks, operating within parameters set by businesses. These accounts can integrate with Airwallex’s Kai AI assistant or other preferred AI agents to manage functions such as fund movement, foreign exchange exposure, and liquidity rebalancing.
OpenAI faces growing legal risks after AI agents linked to dozens of hacks
OpenAI is reportedly facing increased legal scrutiny, including lawsuits and regulatory investigations, following allegations that its AI agents were linked to dozens of hacks into company and government systems. This development raises questions about accountability when autonomous AI causes harm, according to Moneycontrol.
China’s New AI Companionship Regulations: Scope And Obligations.
On July 15, 2026, China implemented Interim Measures for the Administration of AI Anthropomorphic Interactive Services, regulating AI services that provide continuous emotional interaction. The rules impose compliance obligations on providers operating in mainland China or serving users there, prompting major generative AI platforms to remove certain AI agent features even beyond the explicit scope.
Singapore Private Banks Use AI to Help Open Accounts Faster
Singapore’s private banking sector is accelerating account openings, with nearly half of new accounts at Private Banking Industry Group (PBIG) member banks opened within one month between June and August 2026. This progress follows efforts to simplify onboarding, adopt risk-proportionate due diligence, and integrate AI and digital tools.
Chinese EVs and Global Tariff Responses
Chinese electric vehicle (EV) exports have grown rapidly, leading governments to implement various policies, including tariffs, quotas, and local production rules. As of October 2026, these measures vary significantly across major markets like the U.S., EU, and Canada, reflecting concerns about subsidies, competition, and domestic manufacturing.
Cyber official plans AI testing
Taiwan's National Institute of Cybersecurity plans to implement black-box cybersecurity testing using agentic AI to simulate hacker attacks beginning next year. Institute director Dennis Kung announced this initiative as part of a broader strategy to upgrade the government’s cybersecurity defenses, including automated source-code scans and real-time threat intelligence analysis.
XChange TEC.INC Announces Proposed U.S. AI Business Expansion and Reduction of Mainland China Operations
XChange TEC.INC, an insurance agency and insurance technology firm, announced plans to expand its artificial intelligence business in the United States while gradually reducing operations in mainland China. The company intends to invest between $5 million and $10 million in the U.S. market, focusing on AI technology development, talent acquisition, and strategic partnerships.
AMD CEO to visit Korea this week for partnerships
AMD CEO Lisa Su will visit Korea this week for meetings with semiconductor industry executives and government officials, according to the company. The visit includes attending AMD Gamer Day 2026 and a media Q&A session. This trip follows her March visit, during which she met with Samsung Electronics Chairman Lee Jae-yong and Naver CEO Choi Soo-yeon to discuss AI cooperation.
Aligning with Global Regulations: iMQ Technology's SQ713x Secure Element Achieves SESIP and PSA Certified Level 3
iMQ Technology Inc. announced its SQ713x Series secure element achieved SESIP and PSA Certified Level 3, passing Keysight's physical attack testing. The company states this establishes a hardware root of trust designed to accelerate global IoT compliance for standards like Matter, EU CRA, RED, and the US Cyber Trust Mark, by enabling customers to inherit chip-level security evaluation results.
New AI laws should target data governance, safety to build public confidence: experts
Hong Kong is considering new legislation to address artificial intelligence (AI) related disputes and crimes, with experts advocating for laws on data governance, safety standards, and liability boundaries. This initiative follows Chief Executive John Lee Ka-chiu's policy address, which highlighted the need for new measures to tackle cyber-enabled crimes.
BOJ chief calls for more focus on anchoring inflation around target
Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2 percent target, signaling readiness to keep raising interest rates to blunt the risk of too-high inflation.
OpenAI says its review into hacks, including on Australian government sites, is costing $500,000 a day
OpenAI is reportedly spending over US$500,000 daily on a review of its agents' activity, following unauthorized access to websites including Australia's Medicare and a New South Wales government site. The company states this review involves sifting through 50 petabytes of data, using AI to process information that would take a human 66 million years to read.
Development fund expands coverage
Taiwan's National Development Fund (NDF) has amended its investment criteria, allowing it to invest in offshore AI companies that maintain their primary business activities in Taiwan. This change expands the scope of a NT$10 billion (US$314.17 million) program launched in 2023, aimed at boosting investment in AI startups and the digital economy.
AI microdramas are a test case for China’s next big export wave
China's services exports rose by 17.1 percent year-on-year in the first seven months of 2026, with personal cultural and entertainment services surging by 57.8 percent. This indicates a growing, though still smaller, component of China's export economy.
When intelligence is on tap
The Philippine Executive Forum, organized by FDS Asya Philippines Inc. (FDSAP) in September 2026, focused on the integration of technology and AI in banking and financial services. Speakers from the Bangko Sentral ng Pilipinas (BSP) and industry leaders discussed how cloud computing and AI are making advanced capabilities more accessible to institutions of all sizes.
0G picks Singapore as global base, expands AI research into badminton
AI infrastructure company 0G has chosen Singapore as its global headquarters, planning to invest approximately US$15.4 million in the city-state over the next five years. The company will also expand its AI research into badminton, according to a report by E27.
Govt launches framework to prepare communications, multimedia workforce for AI-driven changes
Malaysia’s federal government has launched the Communications and Multimedia Future Skills Framework (C&M FSF) to prepare the workforce for changes driven by artificial intelligence and digitalization. Led by the Malaysian Communications and Multimedia Commission (MCMC), the framework will guide talent development in the communications and multimedia sector over the next five to 10 years.
Hong Kong lawmakers say 5-year tax incentive too short to entice major innovative firms
Hong Kong lawmakers have voiced support for the government's proposed tax incentives for innovative companies, which would halve the standard corporate tax rate of 16.5 per cent to either 5 or 8.25 per cent. However, many legislators argue that the planned five-year concession period is too brief to attract major firms to establish headquarters or expand operations in the city.
Datasea Reports Fiscal Year 2026 Results with Gross Profit Up 70.1% and Gross Margin Increased to 10.2% Despite Lower Revenue
Datasea Intelligent Technology Ltd. reported a 70.1% increase in gross profit and a rise in gross margin to 10.2% for its fiscal year 2026, despite a decrease in overall revenue. The company also narrowed its net loss by 57.0% and achieved positive operating cash flow, while receiving an additional 180-day period to comply with Nasdaq listing requirements.
AMLC records match Trillanes claims vs VP, husband receiving over P319M from China, Hong Kong
AMLC records reportedly show that a firm linked to Philippine Vice President Sara Duterte and her husband, Mans Carpio, received P319.32 million in remittances from China and Hong Kong. This information, according to the Daily Tribune, corroborates claims made by former senator Antonio Trillanes, while the Vice President's camp denies any ties to the Chinese government.
Manulife Announces Presenting Partnership of The Hinton Lectures™ on AI Safety
Manulife, an international financial services provider, has announced a two-year presenting partnership with The Hinton Lectures™, supporting the AI safety lecture series in 2026 and 2027. The 2026 lectures, co-founded by Nobel Laureate Professor Geoffrey Hinton and the AI Safety Foundation, will be held in Toronto this November and feature Paul Christiano as keynote speaker.
FOMO Pay Taps Sumsub to Support Compliance Across Markets
FOMO Pay, a Singapore-headquartered payment institution, is integrating Sumsub’s verification and compliance tools into its existing infrastructure. This move aims to support regulatory adherence across its operations in Southeast Asia, the Greater Bay Area, and the Middle East and North Africa, where regulatory requirements vary.
White House AI task force will prevent 'overregulation': WSJ
The White House is reportedly forming an AI task force, led by US Director of National Intelligence Jay Clayton, to assess the technology's risks and opportunities while aiming to prevent overregulation. This "Super Intelligence Force" will have 120 days to report its findings, according to the Wall Street Journal.
JS-SEZ investment must reach local SMEs, not just big players — Lee Ting Han tells Johor State Treasury Day forum
Johor Investment, Trade, Consumer Affairs and Human Resources Committee Chairman Lee Ting Han has urged the state to ensure that investments in the Johor-Singapore Special Economic Zone (JS-SEZ) directly benefit local small and medium enterprises (SMEs). Lee stated that these investments should create opportunities for local companies to integrate into the industrial supply chain as suppliers and partners.
Money Fled to U.S. Stocks and Cash. Gains Came From KOSDAQ Tech Suppliers
Korean investors directed approximately 5.35 trillion won into U.S. index funds and short-term safe assets over the past month, according to Koscom data. However, these investments yielded an average return of just 0.83%. During the same period, KOSDAQ-listed technology suppliers, particularly those in materials, parts, and equipment, delivered returns ranging from 26% to 32%.