Latest: Fintech News
US tech giant will have to ramp up manufacturing in India to avoid tariffs on the 60-plus million iPhones it sells in the US
Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet
Lawmakers are concerned about 3 Chinese firms despite bans on them providing telecom services, as they still run equipment, software and cloud-based systems in the US
Many export firms have baulked at Beijing's call to focus more on the domestic economy, amid weak demand, low profits and issues stemming from the lack of a social security net
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war
Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%
Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces
International Monetary Fund says Trump's tariffs were "a major negative shock" for the global economy and most economies will see slower growth in the near-term
Vance pushes energy and defence deals while discussing a trade agreement and global issues with Modi on his short Indian visit
Large-scale scam centres have expanded from Southeast Asia to regions all across the world, according to a new UN report
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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