Latest: Fintech News
Southeast Asian payments firm buys stakes from Indonesian conglomerate Lippo and Tokopedia to lift its holdings to 90% from 39%
The IMF says the market value of crypto assets surged 10-fold since early 2020 to surpass $2 trillion and warns that increased trading of the assets risks triggering destabilizing capital flows.
The leading cryptocurrency was closing in on its biggest single-day advance since the middle of June
The world’s leading producer of semiconductors has reassured manufacturers it is working hard to restore supplies but has stressed the supply chain is global and involves many players
The group, which is worth $15 billion, is under pressure after expanding its communications network and investing in logistics to try to compete with Amazon
The White House has asked auto firms and chip manufacturers to share information on the shortage that has hit US auto production – and to find a solution
The Chinese tech and delivery giants are looking to roll out thousands of courier robots over the next few years after the pandemic brought forward plans for more automation
Anti-competition watchdog calls for regulations on use of internet data to sell ads, claiming Google's dominance in the sector hurts publishers, advertisers and consumers
Exchanges and providers of crypto services are scrambling to sever ties with mainland Chinese clients. Some are shutting services, while others are moving to Singapore.
The PBoC was one of 10 state agencies, along with banking, securities and forex regulators, who said in a joint statement they would work closely to clamp down on crypto trading and mining
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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