The pressure keeps piling on Warren Buffett-backed Indian payments merchant Paytm. Shares of its owner One97 Communications are in freefall and now it must deal with gloomy predictions about its future revenues.
Coinbase, the biggest US cryptocurrency exchange, plans to acquire recently launched futures exchange FairX to “make the derivatives market accessible to our millions of customers through an industry-leading, simplified user experience.”
Singapore has long rivalled Hong Kong in the battle to become the financial hub of Asia. Now, it has an unprecedented opportunity to stake a claim as the region’s fintech leader as its northern rival battles regulatory restrictions.
As cryptocurrency scams become more sophisticated, especially with the emergence of so-called “rug pulls”, recently released data shows that cryptoscams reached an all-time high in 2021. Illegal operations made off with more than $7.7 billion of investors' wealth, which is 81% more than in 2020.
Hundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
25 Chinese companies working in education, financial services, media and technology are trading close to $1 per share or lower, and face automatic delisting from US exchanges within six months, an Asia Financial analysis shows.
China's tech crackdown, especially involving internet firms whose data is deemed to pose a potential security risk from listing abroad, took a toll on all Chinese tech stocks in 2021. We look at six names in the news.
Chinese stocks tumbled on the back of news that the United States’ Commerce Department announced the addition of eight companies to its investment blacklist, including drone company DJI Technology. We look at what this means for US investors.
Some 248 Chinese companies listed on US exchanges will be forced to delist by 2024 if they fail to fall into line with US audit norms. Here’s how it will impact US investors.
China’s artificial intelligence start-up SenseTime Group has announced the suspension of its $767 million initial public offering (IPO) in Hong Kong. We take a look at the developments that led to delay in SenseTime stock’s listing.