Latest: Fintech News
Chinese regulators likely to fine Ant in the second quarter of next year for 'disorderly expansion of capital', once the fintech giant nears the end of a major two-year-long overhaul, sources say
Online retailer Ozon Holdings said on Monday it was opening an office in Shenzhen in China to boost cross-border sales to Russian shoppers on its platform
Beijing is propping up its slowing economy by keeping money rates low. On Monday China's central bank drained 170 billion yuan on a net basis via seven-day reverse repos
Plans for the new facility in Arizona are not completely finalised but it will produce advanced 3-nanometre chips, founder Morris Chang said on Monday. He plans to attend the launch.
TSMC envoy Morris Chang, who was Taiwan's envoy at the summit in Bangkok, said his warm words with Xi were his own idea and he just offered his "own opinion".
"It was a very happy, polite interaction," Taiwan official Morris Chang said, adding that tensions across the Taiwan Strait were not discussed
The two representatives discussed TSMC's new $12 billion microchip plant in the US state of Arizona
Genesis Block says it will be closing down its over-the-counter trading portal on December 10
Cyber attack on Vanuatu has greatly disrupted government services in the Pacific Island nation over the past two weeks
FTX, which had been one the world’s largest crypto exchanges, filed for bankruptcy protection on Friday after traders withdrew $6 billion in just 72 hours
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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