Latest: Fintech News
The move underscores the growing acceptance of digital currencies among financial institutions as they seek a wider range of investors
India has proposed a new set of IT rules to rein in social media giants like Facebook, Twitter and WhatsApp, amid concern that big tech companies are exploiting gaps in national regulations
Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region
Envision Digital, part of Chinese renewable firm Envision Group, said the funding will help it to expand operations and fund research and development
The decision to centralize procurement is a sign that chip shortages may persist and are forcing companies to implement more aggressive measures
The Tesla mogul says he’ll walk away from the $44bn deal if he doesn’t get to see data on the social media platform’s spam and fake accounts
Chinese regulators are said to be concluding probes into Didi and two other firms and preparing to lift restrictions on their apps
The Monetary Authority of Singapore gave approval on June 2 to an application for the bank to commence business, Ant and wholly-owned ANEXT said in a statement
The country’s leading tech firms say the government’s new cybersecurity rules risk creating an 'environment of fear’
CEO Elon Musk has told Tesla executives to "pause all hiring worldwide", saying he needs to cut staff at the electric carmaker as a global downturn appears to be looming
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
