Latest: Fintech News
Ethereum has surged 65% since June as it nears a software upgrade to reduce its power usage. Some bet that if the 'Merge' this week is successful it could even challenge bitcoin
Vedanta won subsidies on expenditure and cheap power from western Gujarat state to build the computer chip mega-project, sources say
From next month US companies that export chipmaking equipment to Chinese factories that produce advanced chips with sub-14nn processes will require a government licence
Chinese hackers have been allowed to collect unprecedented amounts of information on US citizens, claimed writer Gordon G Chang
Sea's e-commerce platform Shopee plans to shut operations in Argentina, while scaling back in Mexico, Chile, and Colombia. Staff are also being laid off at its Garena gaming unit in Shanghai
WeChat users received a notification on Sept 6 saying personal data such as likes, comments, browsing and search history, content uploads will be transmitted to the mainland
Some executives say the US ban on exports to China of Nvidia and AMD's advanced computer chips could backfire if it creates chances for startups in China's fast-growing chip market.
"We cannot allow Chinese companies beholden to the Communist Party into our telecommunications networks and millions of Americans’ iPhones,” Senator Marco Rubio said.
State internet shutdowns "cause significant inconvenience to local public at large," the Internet and Mobile Association of India said
The ban aims to prevent US semiconductor technology from falling into Chinese hands, US Commerce Secretary Gina Raimondo said
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 AsiaMassive Inflows Into Taiwan ETFs Spark Volatility Concerns -
SemiconductorsQualcomm Rises on Surge in Demand for AI Chips in China
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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AF TV: Fintech Videos
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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