ByteDance spin-off Anew Labs raises US$290m as AI drug developers enjoy fundraising boom

South China Morning Post - Sep 18, 2026

China is seeing a fresh fundraising boom for artificial intelligence-powered drug developers, with start-ups including a ByteDance spin-off raising hundreds of millions of dollars this week as investors rush to back domestic challengers to Anthropic and Isomorphic Labs. Anew Labs, a Shanghai-based AI drug discovery firm and former unit of Chinese tech giant ByteDance, has raised US$290 million at a valuation of US$1.5 billion, according to an informed source. Investors included prominent venture...

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Sep 18, 2026

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Sep 18, 2026

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In 2007, I wrote an article entitled “BP 22 Defanged,” where I observed that Batas Pambansa Blg. 22, the Bouncing Checks Law (BP 22), had been weakened by two developments: the Supreme Court’s policy preference for a fine rather than imprisonment (SC Administrative Circular Nos. 12-2000 and 13-01) and decisions requiring the prosecution to prove

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Sep 18, 2026

Over P10/L price hike for diesel, P5/L for gasoline seen next week

Motorists should brace for another round of big-time increases in pump prices to be implemented in the coming week, as the Middle East crisis continues to disrupt the global petroleum market.

How will rate increase in Japan affect capital flow in global financial markets?

Sep 18, 2026

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Japan is adding a fresh layer of uncertainty to global financial markets by potentially triggering a new bout of turmoil in bond markets and dampening the appetite for risk assets, as Tokyo’s pursuit of increased defence spending stokes concerns about fiscal discipline and sends sovereign bond yields to multi-year highs. The nation’s 10-year bond yield hit 3.03 per cent this week, a level not seen in three decades, while 30-year bond yields traded at 4.1 per cent, also nearing a 30-year high....

TAT is expanding Nihao Month 2026 to boost travel to China and increase engagement

Sep 17, 2026

TAT is expanding Nihao Month 2026 to boost travel to China and increase engagement

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Hong Kong malls bet on Asian Games to boost footfall, tenant sales amid spending shifts

Sep 17, 2026

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P74-M facility to boost Cabanatuan rice processing

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Sep 17, 2026

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Sep 17, 2026

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Sep 17, 2026

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Sep 17, 2026

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