Latest: Fintech News
The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed over its invasion of Ukraine
Chinese banks have issued a total of 800 million credit cards as of the end of 2021, with outstanding loans totalling 8.62 trillion yuan ($1.29 trillion), according to the central bank
The rules will govern how companies and other entities handle large quantities of personal user information, the Cyberspace Administration of China (CAC) said
The JCV-SenseTime partnership highlights SoftBank's difficult balancing act as boss Masayoshi Son tries to position his conglomerate as a neutral player
Plaintiff Jason Stone said his business, KeyFi, was tricked into providing services worth millions of dollars, which Celsius allegedly refused to pay for
Genesis Trading was exposed to Three Arrows Capital (3AC), the Singapore hedge fund that slipped into default recently, but managed to reduce its loses, its CEO has revealed
Business secretary Kwasi Kwarteng has put off a decision on whether to permit the sale of Newport Wafer Fab
Cyber bullies who insult or threaten other people on social media could face up to a year in prison or a fine up to 300,000 yen ($2,200) under new penalties that came into effect in Japan on Thursday
A Foreign Ministry spokesman said reports that the US wants to restrict the export of DUV lithography machines were an example of 'coercive diplomacy' and abuse of US power
"The Chinese government is set on stealing your technology — whatever it is that makes your industry tick—and using it to undercut your business and dominate your market," says the FBI.
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AF Fintech Insights
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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