Latest: Fintech News
Asian markets surge, with Hang Seng climbing 2% and the Nikkei rising by 0.9%, while investors wait for Fed chief's speech at Jackson Hole on Friday
Beijing quietly launched a new initiative to lure elite foreign-educated IT and chip talents to accelerate its tech proficiency, sources and government documents reveal
The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West
Luna-25, the Russian spacecraft sent on the country's first mission in 47 years, spun out of control and crashed into the moon on Saturday, officials said
A Bangladeshi bank that handles most bilateral trade with Myanmar has frozen the accounts of two key Myanmar banks as US sanctions tighten the taps on the junta's financial resources
The drills are a warning to 'separatists', Beijing says. But Taipei says they aim to scare people from voting for Lai in the poll in January
US President wants to visit to Hanoi in mid-September to sign a strategic partnership pact with Vietnam to bolster economic and security ties, sources say
The finding coincides with news that New York City has banned the Chinese social media app on government devices because of security concerns
Some China watchers say Xi's focus on security is scaring off the money Beijing is trying to attract. Others say the country is making a painful transition away from its debt-fuelled growth-at-all-costs policy
A fresh crackdown on the country's medical and pharmaceutical sectors, set to last a year, has convinced investors that it may be best to buy the state and sell private sector holdings
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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