Latest: Fintech News
The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.
The US decision to return was partly spurred by concern over China's increased influence, in particular setting standards for artificial intelligence and technology education
Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday
Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering
The move will allow the chipmakers, which include Samsung, SK Hynix and TSMC, to continue to import US chipmaking tools to China for use in their existing fabs in the country
India threatened to shut down the social media site during the huge farmers' protest, Dorsey said, but a Modi government minister said that never happened
The US, Japan and Taiwan have agreed to share real-time data from reconnaissance drones to improve military coordination and prepare for a potential Chinese invasion, a new report says
The US has added 43 firms – mostly Chinese – to its Entity List, banning them from receiving US exports for activities such as training army pilots and developing hypersonic missiles
China has been upset by claims of spying from Cuba, with a state-backed commentator accusing the US of repeatedly playing tricks and creating an 'illusion' it is eager to engage in talks
It’s feared the hiring slowdown could affect consumption amid warnings of economic ‘headwinds' and with the IT sector accounting for 8% of India's GDP
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
