Latest: Fintech News
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.
Nvidia has confirmed that it is offering the A800, a new advanced chip in China that meets export control rules imposed by the Biden Administration a month ago.
A 'nationalisation process' has begun with state 'partners' assigned to "effectively take control" of some assets of major private tech firms such as Tencent and JD.com, scholars say
Hua Hong Semiconductor, which specializes in mature technology, has been given regulatory approval for a $2.5-billion IPO in Shanghai
After facing bans in the US and Europe, the Chinese tech giant is focusing on Africa, where analysts say countries are ignoring Western security warnings and putting their "own interests first"
Apple said on Sunday production of its iPhone 14 has been hit by Covid-19 restrictions at its key assembly plant in Zhengzhou, in central China.
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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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