Latest: Fintech News
Billionaire Jack Ma's fintech group aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, sources told Reuters
The Shenzhen-based company's multiplayer action game, which has more than 95% of its users in China, raked in $10 billion in revenue between 2015 and September 2021
``To kick them out, we must understand the tradecraft and detect them beyond just initial access,'' tweeted a National Security Agency official.
Elon Musk's SpaceX is the latest company to enter the region, with plans to launch satellite internet service in Indonesia, Malaysia, Vietnam and Myanmar by next year, the report said
The Seoul Metropolitan Police Agency said it had launched an investigation into allegations about an employee of crypto billionaire Do Kwon's Terraform Labs
The eight largest stablecoins had an aggregated market capitalisation of $154 billion at May 30 and accounted for around 96% of the total market
China's Didi Global is in talks to buy a third of Sinomach Zhijin Automobile, a small maker of electric vehicles, sources revealed on Wednesday
An economist at a government-affiliated research institute warned that top chipmaker TSMC is speeding up expansion to the US and may decamp from Taiwan.
China's global share of the advanced technology market leapt from less than 4% in 1995 to 21.5% in 2018, a new report says
Airbnb refused to refund users who complained about being misled, saying they had chosen to view rates in US dollars even though users said they had not, the ACCC said
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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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