Latest: Fintech News
Analysts fear the gains are distorting markets, starving other sectors of cash, as desperate investors hope to get in on the next ChatGPT
Elon Musk and artificial intelligence experts have signed an open letter calling for a 6-month pause in training of systems more powerful than GPT-4, warning of potential risks to society and humanity
The data follows the iPhone-maker’s efforts to diversify production out of China, along with increasing investments in India from its suppliers
China faces a shortage of an estimated 200,000 industry workers this year, a problem that has become even more critical in face of intensified US chip rivalry
"External pressure will not hinder our determination to go to the world," Tsai said on Wednesday before flying to the US, where she could meet Speaker Kevin McCarthy
US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than $1 billion of cryptocurrency
Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is ending and talk of IPOs from Alibaba hiving off business units
The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six independent units; the news comes after founder Jack Ma returned home
Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang said this week
Lawmakers say Tokyo must crack down on social media platforms if they are being used to spread disinformation
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
