Latest: Fintech News
Japanese chipmaker Kioxia and Western Digital are reported to be in talks on a $20-billion stock merger that would create a NAND memory giant to rival Samsung Electronics
Market for non-fungible tokens – digital art and other collectibles – is hot, surging to $1.9bn this month. But analysts fear the rapid rise in valuations is fuelling a new asset bubble
A South Korean parliamentary panel votes to recommend amending a law to stop Google and Apple from charging high commissions on app store purchases
Top cybersecurity official says that all companies, including those involved in foreign trade, must ensure network security
Korean lawmakers are expected to ban app store operators with dominant market positions from forcing certain payment systems. The move is expected to hit both Google and Apple.
JD.com's net revenue jumped by about 26% to over $39 billion in the second quarter, which was above analysts' expectations
Taiwan responded to US senators urging it to help address the global shortage of auto chips by saying it would do its part
Tesla boss Elon Musk says a 'Tesla bot' that can do a range of work will be ready in 2022, but that claim has already been damned as 'hype' by a sceptical US professor
SenseTime is expected to file for $1-billion IPO, two years after it was placed on a US blacklist for alleged involvement in human rights abuses in Xinjiang
Car production at Toyota plants will reportedly be slashed by hundreds of thousands next month because of the global chip shortage
In This Section
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 AsiaMassive Inflows Into Taiwan ETFs Spark Volatility Concerns -
SemiconductorsQualcomm Rises on Surge in Demand for AI Chips in China
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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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
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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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