Latest: Fintech News
The platform was the only major US-owned social network operating in the country, where Beijing demands they obey strict rules and regulations
New factory likely to use older chipmaking equipment to hasten opening and begin easing global semiconductor shortage
Hyundai temporarily suspended work in some factories, but now wants to develop its own chips to reduce reliance on chipmakers to prevent supply problems in the future.
Chinese billionaire has kept a low profile since giving a speech in Shanghai last year criticising financial regulators. Ant was forced to drop its IPO and has undergone a major rejig.
The former US Air Force scientist said he was “angry” at the pace of development in the US, arguing that AI was more vital to US interests than military hardware
Governor Yi Gang says nation won’t relent in crackdown that’s already snared Alibaba unit Ant Financial
Beijing to enshrine in law a ban that’s forced miners from the country. Proposed list of prohibited industries is shortened, however
Companies reportedly looking at plans for project to be part-funded by the Japanese government
Mobikwik, backed by the Abu Dhabi Investment Authority and Sequoia Capital, says it is India's biggest buy now, pay later fintech company.
The Taiwanese tech giant has moved to reassure customers after White House politicians warned they had ‘tools’ to help them collect data about the ongoing semiconductor shortage
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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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Southeast AsiaAI Can’t Be Trusted to Set Interest Rates – Yet: Bank Chief
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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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
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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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