Latest: Fintech News
The ETFs will test investor appetite for chipmakers, producers of new materials and machine tool manufacturers at a time when rivalry between the US and China in the chip sector is intensifying
Only 19 per cent of applications were approved, with Chinese citizens prohibited from participating in leading blockchains overseas
Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025
SoftBank CEO Masayoshi Son plans to visit Seoul to discuss a plan for Arm, amid speculation over an industry consortium to invest in the chip designer to ensure its neutrality.
New Delhi is looking to attract high-tech investments with a $10bn incentive plan for chip and display production
US video platform will now give creators 45% of ad revenue on its short-form video feature known as Shorts. That's alongside the 55% of ad revenue it offers creators of long-form videos.
The island's highly valuable chip factories were spared thanks to quakes occurring in areas away from chip foundries, plus modern design safety features, according to TrendForce
The bill authorises the president to form an oversight body to fine data handlers for breaching rules on distributing or gathering personal data
Chinese surveillance technologies and tactics are being rolled out in more than 50 countries, including facial recognition CCTV and social media bans, The Straits Times said
From January to August 3,470 firms that included the word "chip" in in their brands or operations were deregistered, the South China Morning Post said
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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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