Latest: Fintech News
China’s biggest technology companies – Tencent, ByteDance, NetEase and Alibaba – are racing to stake a claim in the booming virtual world
Huawei will likely avoid using sanctioned advanced chips and use less advanced alternatives from Chinese companies, the FT said
China has ditched recognition of the median line in the Taiwan Strait, while Taiwan keeps a monthly record of key supplies like food and energy in case of conflict with China, officials said Wednesday
SoftBank chief Masayoshi Son hasn't proposed that Samsung buy a stake in Arm or make a pre-IPO investment, the JoongAng daily newspaper reported
Apple has asked key suppliers such as Foxconn to move some AirPods and Beats headphone production to India
"They may feel the job is too hard and not well-paid," Huike Edutech partner Chen Ying was quoted as saying.
Fear of court proceedings may have convinced Musk to proceed with his $44-billion bid to take Twitter private, legal experts say
Apple chief executive Tim Cook says he is "really not sure the average person can tell you what the metaverse is".
The South Korean firm plans to ramp up manufacturing of its advanced chips used for artificial intelligence, 5G, and high-performance computing over the next five years
The US is expected to announce new moves this week to stop Chinese firms gaining access to chips enabling high-performance computing.
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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
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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