Data Story: Asia's millionaires

Puneesh Nayar, who has previously worked at Julius Baer, BSI Bank, Coutts and HSBC, is starting the role on August 12.

32 local and international financial institutions have backed the A$4.25bn loan for the SYD3 campus, which is expected to be ready in mid-2028.

$400m has been allocated to support Digital Halo, which has assets in the Philippines and Malaysia; the Swiss PE firm is also expanding its data centre footprint in Australia.

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

Facing limited land, power and access to frontier compute, Singtel is helping build a sovereign AI ecosystem that combines infrastructure innovation, strategic partnerships and regional expansion to support Singapore's AI ambitions, according to the firm's CTO.

The AI infrastructure sector presents a vast opportunity, but access to key resources could decide Asia’s winners, according to a Moody's executive.