Latest: Fintech News
The leak stemmed from human error, after a cloud system was set to public instead of private, a Toyota Motor spokesperson said
Beijing has warned it will "resolutely object" to any move to restrict US firms from investing in China – or coercing allies to do the same. Its concerns follow high-level bilateral meetings this week.
ASEAN leaders issued a warning this week on the danger of traffickers' cyber scams, noting "increasing abuse of technology in facilitating trafficking in persons" via social media
The world's largest contract electronics maker attributed the slump to a massive writedown related to its 34% stake in Sharp Corp, its Japanese electronics maker
Authorities have detained a man for generating a fake story that claimed a train crash killed nine construction workers in a city in China's northwestern Gansu
Beijing has called on its state-owned enterprises to be tech 'pillars' in a self-reliance drive sparked by US export curbs and bans
CEO meets Indian PM Narendra Modi on move to diversify its supply chain. The US tech giant has set a target of $1 billion in domestic production and exports over next few years.
The Microsoft-owned social media platform said it was closing down the jobs app it offers in China after it decided to largely withdraw from the country in 2021
Defence minister Chiu Kuo-Cheng says Taiwan would not tolerate the destruction of TSMC's facilities to deter an attack by China, as some US strategists have suggested
State media says consultants harmed national security by helping the West 'buy state secrets'; but lobby groups say raids on advisory group Capvision have damaged investor confidence
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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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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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