Latest: Fintech News
Apple has bet big on India since it began iPhone assembly in the country six years ago, but the move has been hit by challenges in logistics, tariffs and infrastructure
Unisoc wants to tap increased local investor interest in China's domestic chip industry, as it gears up to be more self-sufficient in the face of US pressure, sources said.
Amazon is talks with Times Internet on the possibility of buying MX Player, one of India's largest on-demand video streaming services, new report says
Chinese tech giant's sell-out comes days after Paytm posted its first-ever quarterly operating profit. Meanwhile, Morgan Stanley Asia bought 5 million Paytm shares in trading on Friday
The Group of 20 (G20) economies are pondering whether to collectively regulate cryptocurrencies, India's finance minister said. She will host a meeting of top global officials this month
The US government plans to bar investment in some Chinese tech companies, to stop American money pouring into sensitive sectors such as chips for artificial intelligence
Another unidentified object flying high over Canada was shot down on Saturday, following a similar strike on Friday. The US has also blacklisted six firms linked to China's 'spy balloons' programme
The US tech giant is weighing up expanding its chip testing and packaging plant in the Southeast Asian nation, sources claim
SMIC said it predicts revenue for the year ahead to "decline by low-teens percentage year-over-year” marking a break from previous continual growth
Baidu also said earlier this week it will soon finish internal testing for a ChatGPT alternative called 'Ernie Bot'
In This Section
AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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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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