Bloomberg Grab, Southeast Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will occupy all of the building, which has ...

Bloomberg South Korea’s Bithumb said it detected abnormal withdrawals of the company’s coins from its cryptocurrency exchange. The incident was found through the company’s abnormal-trading monitoring system in Seoul, it said. The exchange then halted cryptocurrency deposits and withdrawals and moved investor assets to a so-called cold wallet, which is disconnected from the internet and less vulnerable to theft, and ...

Bloomberg Hon Hai Precision Industry Co, the biggest assembler of iPhones, posted fourth-quarter profit that beat analyst estimates as billionaire Terry Gou cuts costs at his manufacturing giant. Net income was NT$62.6 billion ($2 billion) in the three months ended December, Hon Hai said in a filing. That compares with the NT$36.6 billion average of estimates compiled by Bloomberg. Hon ...