Latest News: Fintech
•IHS Markit, Morningstar among firms using C8 indexing technology S&P Dow Jones Indices will enable institutional investors to customise some...
Chinese firms deemed national security threats by Washington; Senators call for American Rescue Plan cash to be ringfenced
• Korean tech giant enjoys 54% profit jump in second quarter • Says global shortage of non-memory chips & Covid...
AI News
Reports say production at a Foxconn factory in China has already ceased; Humanoid was designed for SoftBank by French robotics start-up Aldebaran...
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Crashing Robots Spark E-Commerce Warehouse Blaze, FT Reports18 Jul 2021
(AF) A fire at one of the UK’s largest automated e-commerce fulfilment warehouses has been caused by a collision between......
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SoftBank powers down on Pepper the robot production29 Jun 2021
The move by the Japanese firm to shrink its robotics business is a defeat for chief executive Masayoshi Son's plans to make it a leader in the industry...
Blockchain News
Guidelines issued on Monday by China’s IT and Cyberspace Affairs offices outline long-term plans to build blockchain companies to drive......
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Bitcoin plunges on China mining fears and concern about regulation18 Apr 2021
(ATF) Bitcoin fell by over 15% before recovering some ground to $56,100 by late on Sunday April 18.......
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Coinbase settles at $86bn value on Nasdaq, helping bitcoin hit new record14 Apr 2021
(ATF) Cryptocurrency exchange Coinbase made its public equity market debut on Nasdaq on Wednesday April 14 and closed......
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• Securities regulator phones investment banks to ease concerns • China Daily: Markets will be opened further & firms can still list abroad ......
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Tencent-backed outfit behind video game PlayerUnknown's Battleground; Sale will be second-largest South Korean IPO ever after Samsung Life...
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Progress on Biden's trillion-dollar infrastructure bill to 'transform America'; Tech giant Tencent, targeted in China’s regulatory crackdown, surged 10%...
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Maker of VW, Porsche and Audi cars posts ‘record’ €11.4bn operating profit Semiconductor shortage expected to be ‘more pronounced’ later......
Crypto News
Founder Zhao considering handing top job to a successor Inquiries in many states, but company wants regulatory approval Binance......
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India’s WazirX to Launch Decentralised Crypto Exchange: ET28 Jul 2021
India’s largest cryptocurrency exchange by volume, WazirX, is preparing to launch a decentralised exchange next month, cofounder Nischal Shetty told......
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Man Group Chief Says Crypto Has ‘No Inherent Worth:’ FT26 Jul 2021
Cryptocurrencies have “no inherent worth” but are creating trading opportunities for Man Group because of their wild price swings, Chief......
Cyber Security News
(AF) US President Joe Biden has said recent cyber attacks thought to have originated from Russia and China are the......
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Vision Fund Backing of Didi Goes $4bn into the Red: FT26 Jul 2021
(AF) SoftBank’s tech-supporting VisionFund has taken a $4 billion hit on its Didi Chuxing investment since a Beijing crackdown on......
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China Considering Unprecedented Penalty for Didi Global: Bloomberg22 Jul 2021
(AF) Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global, Bloomberg News reported. Regulators view the ride-hailing giant’s......
Payments News
(AF) Singapore payments fintech Nium has raised in excess of $200 million in funding, valuing the company at more......
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Google Search for Japanese Payments Outfit Results in Pring Deal13 Jul 2021
The US tech giant has agreed to buy a controlling stake in the start-up as Japan only now begins to embrace the cashless culture of many of its rivals...
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Indian Digital Payment Unicorn Mobikwik to Join Paytm in IPO Runs This year12 Jul 2021
Sources and reports say Mobikwik plans to raise $255m in share sale while Paytm seeks pre-lisiting funding uplift of $268m......
More Fintech News
Opinion & Comment
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ESG Investing in Asia Plots its Own Path17 Jul 2021
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