Bloomberg Chinese electric-car maker Xpeng Motors Technology Ltd has raised $400 million from investors including technology company Xiaomi Corp, as it seeks a spot among China’s more serious contenders in the market. Private-equity firms and individual investors including founder He Xiaopeng also took part in the funding round, the company said in a statement. The startup said in June it ...

Bloomberg The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor sentiment after recent stumbles by the broader group. SoftBank Corp is considering the sale of five-, seven- and 10-year notes in the current fiscal year ending March 31, with pricing likely to occur in the January-March ...

Bloomberg Singapore has unveiled an ambitious strategy to become a global leader in artificial intelligence by 2030, attempting to carve out a niche for itself in an increasingly politicized technology. Deputy Prime Minister Heng Swee Keat outlined five key areas the island nation is targeting for AI applications including in transport and logistics planning, provision of municipal services, detection and ...