Latest: Fintech News
Officers use steamroller to destroy 1,000 machines worth $1.25m in a car park; Energy-hungry computers stole $2m of electricity to ‘mine’ coins
Truck platform BlackBuck valued at over $1 billion: Economic Times
Reports say production at a Foxconn factory in China has already ceased; Humanoid was designed for SoftBank by French robotics start-up Aldebaran
(AF) A money-market fund controlled by Ant Group and once backed by almost half of China’s population, has seen its...
(AF) British ministers have cut state funding to Britain’s biggest microchip factory after its sale to a Chinese-owned technology...
(AF) Surging coronavirus cases in Vietnam and Malaysia are disrupting Southeast Asia’s semiconductor manufacturing supply chains, potentially deepening a global...
• Country’s first tech unicorn valued at about $6 billion • Microsoft and GIC are among the firm’s backers ...
Washington claim Beijing employs ‘criminal contract hackers’; NATO, EU and Britain back US after Microsoft exchange attack
Documents show pilot projects for state-supervised data trading markets Crackdown threatens to further isolate China’s internet industry globally China’s...
Country has seen a boom of interest in cryptocurrencies Government has set up a panel to study a regulatory framework....
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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China-US Economic TiesNvidia Will Rent AI Computing Power to China – Yicai Global -
China-US Economic TiesChinese AI Firms Using Cloud to Dodge US Sanctions – FT
Recommended: Crypto News
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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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