Latest: Fintech News
Asian markets rose, while the yuan and the dollar both surged after China and the US both said they have agreed to slash tariffs for 90 days
Nvidia will downgrade its H20 chip for China, with specifications that will slash its memory capacity, but a source said customers may also be able to adjust the new chip
The Modi government has said its will slash its tariff gap with the US to less than 4% from nearly 13% – in a bid to be exempt from Trump's tariff hikes, sources have revealed
China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030
Trump administration officials are looking to dump the tiered approach to access to advanced chips and shift to a global licensing regime with government-to-government agreements, sources say
US Treasury hits a militia linked to Myanmar's military regime for enabling huge scam operations in its region, days after announcing a ban on dealings with a financial group in Cambodia
The Rockefeller Foundation's Coal to Clean Credits Initiative aims to use carbon finance to help close coal plants earlier than scheduled and replace them with renewable power
Huawei is making an "an unprecedented effort to develop every part of the AI supply chain domestically," one expert told the Financial Times
Lawmaker says technology to track chips is readily available, while there is bipartisan support for requiring companies like Nvidia to build location-tracking into their high-powered AI chips
Trump, who said once again that he had a 'sweet spot' for TikTok, has already extended the short video app's divest-or-ban deadline twice
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
