Latest: Fintech News
Chip stocks were hammered after Micron signalled falling demand and AMD flagged a slowdown in PC sales this year
TikTok has contacted senators over long-held fears that US user data could be passed on to China's communist government
CAC said it had amassed a fraud database of 3.8 million websites and 500,000 apps. It did not specify if any are still operating or elaborate on any penalties issued
Monetary Authority of Singapore "reprimanded" Three Arrows and accused it of providing misleading information concerning its relocation to the British Virgin Islands
Extreme volatility in digital asset markets prompted the freeze, leaving its 1.7 million customers unable to redeem their holdings
Tencent Holdings, Ant Group, Baidu and JD.com are among signatories to a pact to stop secondary trading in NFTs and other digital collectibles
Companies that collect personal data will be responsible for assessing if it needs to be protected when it is transferred overseas, under new rules drafted by the China's government regulator
Brendan Carr, the leading Republican Party member on the Federal Communications Commission, said TikTok collected sensitive data about US users that could be accessed in China
Beijing spymasters recruited the English-language graduates on behalf of APT40, which snoops on US, Canadian, European, Israeli and Arab agencies, companies and universities
SenseTime's Hong Kong-listed shares recovered to be 43% down at noon HK time, after investors engaged in profit-taking.
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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Fintech: The Big Picture
The 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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MarketsBack to Earth: India’s Tech IPO Boom Turns to BustTech companies like Paytm, food delivery outfit Zomato, online insurance broker PolicyBazaar, and online fashion seller Nykaa were amongst the biggest losers.
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Market InsightsWorse to Come for Payments Merchant Paytm’s SharesThe 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.
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