Latest: Fintech News
Over 160 companies have lost their licences to exchange money since the coup in Myanmar for failing to adhere to the central bank's official exchange rate, while a notoriously rich general has been ousted
China exported no wrought germanium products last month, compared to 8.63 metric tons in July when volumes doubled from June as foreign buyers rushed to lock in supply ahead of export curbs
The deal will allow the vast Japanese conglomerate, which has been plagued by scandals and controversies in recent years, to become a private entity and one that is back in local hands
Bilateral commercial relations between India and Canada are worth $100 billion, which includes $70 billion of Canadian portfolio investment, according to Indian figures
Firms from the 10 nations in Southeast Asia are keen to test strong investor appetite for emerging market growth given the slump in Chinese stock offerings in the US
Huawei's chip design unit has produced new chips for surveillance cameras, sources say, in another sign the Chinese tech giant has found a way around US sanctions
Shares of Sunac rose on news of debt deal approval, then sank after its move to seek bankruptcy protection in the US. Country Garden also won backing for an extension of repayments for an 8th onshore bond
Sections in China's anti-espionage law, which was updated in July, ban the transfer of any information related to national security and interests, without defining those terms
The Taiwanese electronics giant is continuing its push to move its supply chains away from China
ByteDance and Flipkart are among the handful of names on the Japanese tech giant’s roster tipped to go public sometime soon
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
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
-
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
-
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.
-
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.
-
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
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
