Latest: Fintech News
Sales of China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, were down 5.2% from June, China's car association said on Monday
Polysilicon companies are in talks about buying up and shutting down a third of China's solar panelmakers, but they need $7 billion
Nvidia says there are 'no backdoors' in its chips, days after news emerged that Cadence paid $140m to settle US charges it sold goods to a Chinese university simulating nuclear bombs
South Korea agreed to invest $350 billion in the United States in projects selected by Trump and to purchase energy products worth $100 billion under their trade framework deal
Tesla has signed multi-billion-dollar battery and chip deals with South Korea's LG Energy Solutions and Samsung, to cut reliance on China because of Trump tariffs
Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year
'I am not SEEKING anything' Trump wrote in a social media post rejecting reports that he was looking to meet with his Chinese counterpart Xi Jinping
City's stablecoin bill is set to take effect on Friday. And the first handful of licences for stablecoin issuers could be granted early next year
India and Vietnam exported more phones to the US than China in the second quarter, amid shifts in production and tariffs imposed by President Trump, a new report says
Chinese developers of large language models and artificial intelligence chip manufacturers including US-sanctioned Huawei, Biren, and Moore Threads will join hands to build an AI 'ecosystem'
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
