Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump

The First Mistake Korean Startups Make in ASEAN Actually Happens Before They Launch

Korean startup founders preparing to enter the ASEAN market must have already done all the homework. Market reports look promising. Growth numbers are compelling. Investors are paying attention. On paper, everything seems legit, and they all suggest that the timing is just right. But then, these founders discover something unsettling. And it becomes even clearer [] The post The First Mistake Korean Startups Make in ASEAN Actually Happens Before They Launch first appeared on KoreaTechDesk | Korean Startup and Technology News.

EDB's expansion to 11 countries reframes Central Asia's place in global finance

EDB's expansion to 11 countries reframes Central Asia's place in global finance

[Bio USA] Korean biotech has innovation. Now it needs capital

SAN DIEGO – Korea’s biotechnology industry has rapidly emerged as one of Asia's most promising innovation ecosystems, but industry experts say securing global capital and adopting more flexible business models remain critical challenges if the country hopes to position itself as a global biotech powerhouse. “Korea is already an innovation hub,” said Hwang Jurie, director of public and international affairs at the Korea Biotechnology Industry Organization, or KoreaBIO, during a panel discussion t

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.

Emerging Market Stocks Fall on Korea Selloff; Currencies Weaken

A selloff in South Korea’s technology giants dragged the gauge of emerging-market equities down, while most developing-nations’ currencies weakened as global risk sentiment worsened.