Latest: Fintech News
Officials in Beijing have moved to rein in tech giants like Tencent, Alibaba, Meituan and Bytedance, by ordering them to fix algorithms used on their apps and websites
Amazon unit is suspected of urging sellers to lower their prices on its e-commerce site in exchange for better placement of their products on its website
Dhaka is reviewing its deal with Adani Power, as the firm has been charging Bangladesh a rate much higher than power producers in India
US officials have proposed new rules for undersea internet cables following the cutting of two cables in the Baltic Sea this week
Chinese chipmakers are racing to rival Nvidia on AI chips as increasing export restrictions by US — and its allies — slow the growth of China’s tech industry
Danish officials are inspecting a Chinese bulk carrier that sailed over two undersea cables minutes before they were severed this week. They suspect the incidents were 'hybrid' attacks linked to the Ukraine war
Albanese government to trial highest age verification system in the world, for new law that has fines up to $32m for systemic breaches
The president-elect has said he will nominate Wall Street CEO Howard Lutnick to lead his trade and tariff strategy. Lutnick is a big proponent of tariffs, especially aimed at China
Countries pledge to target food and other waste, as the waste sector is responsible for about 20% of methane stemming from human activity.
Shares of Japanese gamemaker Kadokawa were up 23% on Tuesday on news Sony is in talks to buy the company behind the 'Elden Ring' and other popular games
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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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