Latest: Fintech News
Cryptocurrency markets were hit hard again on Thursday, after Binance walked away from a bailout deal for its smaller rival exchange FTX.
The videogame maker’s stock saw its biggest one-day drop in a year after chip shortages were cited in a sales projection fall for its hit console
Germany's Economy Minister wants to stop a Chinese investor taking over the Elmos microchip factory in Dortmund amid concern over the country's reliance on Beijing
The cutting-edge semiconductor plant will be capable of making advanced 3-nanometre computer chips, the Wall Street Journal said
Five of southern manufacturing hub's 11 districts – and more than half of its 19 million residents – have been affected by the order announced over social media on Wednesday
Market participants were stunned when Binance signed a non-binding agreement on Tuesday to buy FTX's non-US unit to help cover what it called a liquidity crunch.
Bitcoin, ether slipped and FTX token plunged by more than 15% after investors were unnerved by talk of pressure on FTX's financials
New Microsoft cybersecurity report says China is "proficient" in finding and exploiting software flaws before they are fixed by software developers.
Taiwan is creating tensions by colluding with external nations, Chinese foreign ministry spokesman Zhao Lijian said on Tuesday
The Hurun Rich list, which ranks China's wealthiest citizens, said the number of dollar billionaires dropped by 239 to 946 this year.
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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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