Latest: Fintech News
Decision is a blow for the British government, which hoped to lure the chip designer home, but not unexpected, as SoftBank always favoured a US listing and needs to replenish its coffers
Foxconn chief met Indian Prime Minister Narendra Modi this week 'to build an ecosystem allowing all stakeholders to share, collaborate and thrive'
The latest additions includes units of genomics giant BGI, which was linked to repression of ethnic minorities, plus firms linked to ballistic missiles, or surveillance equipment used by Burma’s military
The state-backed China Aerospace Science and Industry Corp will launch the first LEO satellites of a planned constellation in September
Chinese tech companies building their own versions of ChatGPT are trying to recruit artificial intelligence researchers from abroad
Binance has earlier faced challenges in Singapore, where several crypto exchanges have received central bank approval to offer payment services
China has a 'stunning lead' in most of the 44 critical emerging technologies, an Australian Strategic Policy Institute study said, adding that democratic nations need to collaborate more
Washington wants to coordinate support for possible restrictions with close allies but it was not clear what sanctions it would propose if China is found to provide military aid to Russia, sources said
Washington has also banned beneficiaries of the $39bn CHIPS and Science Act from using the cash for share buybacks
Investors have been cashing in their Binance USD tokens since the US Securities and Exchange Commission said it was considering taking action against the platform
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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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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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