A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom

Prosus profit roughly doubles as its e-commerce bets and Tencent stake pay off

For years Prosus was, in effect, a single bet wearing the costume of a diversified investor: a sprawling portfolio whose value rose and fell with one Chinese asset. Its latest results suggest the costume is becoming the company. Prosus reported revenue of about 7.3bn for the financial year ended 31 March 2026 and roughly 1.1bn [] This story continues at The Next Web

Bahoshy: Mideast Venture Funding Plunges in 1H (Video)

Bahoshy: Mideast Venture Funding Plunges in 1H (Video)

Course toward $25.5 billion: What Kazakhstan expects from international investors

Course toward $25.5 billion: What Kazakhstan expects from international investors

Foreign shoppers put Shinsegae on track for W1tr sales

Shinsegae Department Store said Monday that sales to foreign customers surged 120 percent on-year to a record 580 billion won (385 million) in the first half, putting the retailer on track to surpass 1 trillion won in annual foreign sales for the first time. The first-half total already accounts for nearly 90 percent of last year's full-year foreign sales. Shinsegae attributed the growth to its luxury brand lineup, K-culture content developed with K-pop artists and the Korea Tourism Organizatio

Africa: South Africa's Stocks & Strauss Closes $24m University Technology Fund

[Daba Finance] South African investment firm Stocks amp; Strauss closed its University Technology Fund II at ZAR400 million, or about 24 million, to back startups linked to local universities and alumni networks.

1stdibs: A Marketplace That Has Yet To Deliver On Its Growth Promise

1stdibs: A Marketplace That Has Yet To Deliver On Its Growth Promise

The Real Value of KSGC Isn’t Funding, It’s What Founders Do After Acceptance

For many foreign founders, receiving acceptance into a Korean startup program feels like a breakthrough moment. The email arrives, congratulations follow, and a new market suddenly appears within reach. But little did they know that the most important work often begins after that acceptance letter. Because yes, Korea’s startup programs— like KSGC, for instance—can provide [] The post The Real Value of KSGC Isn’t Funding, It’s What Founders Do After Acceptance first appeared on KoreaTechDesk | Korean Startup and Technology News.

DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

A startup founded during the early days of DeFi is now backed by a financial giant. Gauntlet, which helps institutions and crypto firms allocate their digital assets, raised 125 million from the Japanese financial conglomerate SBI Holdings, the startup’s founder and CEO Tarun Chitra told Fortune. The round closed in June and had no other []

OPEC Fund launches first local currency financing deal with Bank Respublika

The OPEC Fund for International Development (the OPEC Fund) has signed a US20 million-equivalent local currency loan with Bank Respublika in Azerbaijan, marking an important expansion of its financing toolkit. The proceeds will be on-lent to local micro, small and medium-sized enterprises (MSMEs), helping strengthen entrepreneurship, create jobs and support sustainable economic growth, AzerNEWS reports.

China records most new unicorn start-ups in 5 years as AI and robotics boom

China’s innovation ecosystem has witnessed a resurgence, minting 67 new unicorn start-ups in the first half of 2026 – the biggest increase in almost five years – as AI and robotics kick off a new investment cycle. The growth translates into an average of one new unicorn – private companies valued at US1 billion or more – in less than every three days and was the highest since the second half of 2021 when 76 new unicorns were created, according to a Monday report by ITJuzi, a start-up...

This Vanguard ETF Is Built for a Market That's Finally Rotating Away From Big Tech

As the megacap tech trade sputters, one attractive fund already owns what's leading instead -- and it's beating the market this year.

Uniqlo operator's Q3 profit jumps 45.7% - Business

Fast Retailing, the Japanese owner of clothing brand Uniqlo, said quarterly profit rose 45.7%, as it weathered the impact on supply chains and logistics from the Iran war on its way to an expected fifth straight year of record earnings. #News #Uniqlo #Retail #Japan #Reuters #Newsfeed Read the story here: https://reut.rs/4p8whoF 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

What Actually Goes Into Building a Business From the Ground Up

Most people think about starting a business and immediately jump to the fun stuff. The branding, the product, the pitch. But honestly, before any of that matters, you need a foundation that can hold weight. And figuring out what that foundation looks like takes longer than most people expect. The Digital Side Is Messier Than [] The post What Actually Goes Into Building a Business From the Ground Up appeared first on BNO News.

What's Behind the Shifting Fortunes for This Small-Cap Fund?

What's Behind the Shifting Fortunes for This Small-Cap Fund?

Islamic Finance in Southeast Asia: From Growth Momentum to Operational Scale

Islamic finance in Southeast Asia is growing fast, but scaling it requires stronger operations, digitalisation, integrated compliance, and lending models built for Shariah-compliant complexity. The post Islamic Finance in Southeast Asia: From Growth Momentum to Operational Scale appeared first on Axe Finance.

Türkiye eyes AI startup boost as GITEX event heads to Istanbul

Türkiye is implementing policies to attract global capital and talent in tech startups as a regional hub for entrepreneurship, the head of Türkiye’s Investment and Finance Office t...

Financial sector's overseas real estate investment up in Q4

SEOUL, June 29 (Yonhap) -- The financial sector's investment in overseas real es...

Swedfund invests in job creation and private sector

SWEDFUND has committed USD 15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines. The investment aims to help local businesses grow, strengthen

Inside Japan’s $25 billion consumer market built on fan devotion

From collecting Hello Kitty goods to manga figurines, what was once considered a niche hobby has evolved into a fan-merchandising economy estimated to be worth ¥4.1 trillion.

Scam Compounds Are a Natural Product of Global Capitalism

The scam compounds proliferating across Cambodia and Laos represent one of global capitalism’s newest industries: a convergence of financial speculation, digital technology, artificial intelligence, human trafficking, and extreme labor exploitation.

Growthfund renamed to reflect country’s rebound

Finance Minister Kyriakos Pierrakakis announced on Monday the renaming of the Growthfund to the National Investment Fund. It came during a speech at a Hellenic Corporation of Assets and Participations conference, titled “Greece at the Center of the International Investment Dialogue.”

Prime Intellect raises $130M Series A to help enterprises build their own AI agents

The round, led by Radical Ventures, values the two-year old startup at 1 billion.

What do we know about $300 bil. fund to Iran?

What do we know about $300 bil. fund to Iran?

SK Hynix's $28 billion Nasdaq listing is more than seven times oversubscribed

The 177.9 million ADR sale drew demand from long-only funds, tech funds, sovereign wealth funds, and Asia-focused investors

5 Hobbies You Can Turn Into Small Business Ideas

Looking to start your own business? These small business ideas let you monetize what you already love doing.

Global Market: Momenta Global debuts nearly flat in Hong Kong after $751 million IPO

Momenta Global shares debuted on the Hong Kong Stock Exchange with a muted reception. The autonomous-driving software developer raised HK5.89 billion in its initial public offering. Investor sentiment remains cautious despite strong cornerstone backing from major firms. The company plans to use IPO proceeds for research and expansion. Momenta's listing is a gauge for Chinese AI and technology firm investor demand.

New Business Launch Highlights SBDC’s Commitment to Entrepreneurial Growth

Since its establishment in 2018, the Small Business Development Centre (SBDC) has supported more than 2,500 businesses throughout The Bahamas, helping entrepreneurs transform their ideas into successful ventures. Adding to that growing number, Grand Bahama welcomed another local business on June 12 as Sawyers Catering on the Go officially opened its doors at the Freeport [] The post New Business Launch Highlights SBDC’s Commitment to Entrepreneurial Growth appeared first on ZNS BAHAMAS.

FirstBank backs Imo State’s OKOBI  initiative to boost jobs

By Babajide Komolafe FirstBank has thrown its weight behind the Imo State Government’s One Kindred One Business Initiative (ÓKÓBÌ), a community-based entrepreneurship programme designed to stimulate job creation, expand financial inclusion and promote sustainable wealth creation through collective business ownership. The bank said its support aligns with its commitment to empowering small and medium enterprises, deepening [] The post FirstBank backs Imo State’s OKOBI initiative to boost jobs appeared first on Vanguard News.

Dream11 parent company Dream Money to shut down by July-end; What existing users need to know

The move comes just months after Dream Money expanded its offerings and joined the government-backed ONDC network to broaden access to mutual fund investments

Sidang DUN: Terengganu tarik pelaburan RM399.8 juta suku pertama

KUALA TERENGGANU: Terengganu menarik pelaburan berjumlah RM399.8 juta yang diluluskan sepanjang suku pertama tahun dengan sektor perkhidmatan menjadi penyumbang terbesar kepada nilai pelaburan tersebut. Pengerusi Jawatankuasa Ekonomi Digital, Pendapatan Baharu, Perdagangan, Perindustrian dan Teknologi Hijau negeri, Mohd. Nurkhuzaini Ab. Rahman berkata, daripada jumlah itu, sektor perkhidmatan merekodkan pelaburan sebanyak RM336.4 juta atau 84.1 peratus manakala ... Read more The post Sidang DUN: Terengganu tarik pelaburan RM399.8 juta suku pertama appeared first on Utusan Malaysia.