Latest: Fintech News
The US firm’s acquisition heats up the buy now, pay later race in a country where more than two-thirds of all transactions are still paid for in cash
Taylor city is trying to attract Samsung to locate a huge new computer chip plant there, rather than Austin, or in two other states
Richard Liu will focus on long-term strategies and training, while Xu Lei will become president and manage the company. Liu is the fourth tech boss to opt out in recent years.
Telecom firm’s CEO adamant they can recover after the fallout from Sweden’s Huawei ban put them in Beijing’s crosshairs
Sources say Japan's Trade Ministry is ready to back Western Digital's bid to merge with Kioxia if it gives the country more leverage in geopolitical tech rivalries, and a way to counter chip shortages
Semiconductor giant’s huge investment a sign of Beijing’s efforts to reduce its dependence on foreign producers
Global Times says the US move to try to block a Chinese takeover is a 'dangerous' precedent that could affect decisions on other mergers and acquisitions
Chinese officials have been tightening scrutiny on the fintech sector, while ByteDance has focused on e-commerce and gaming as its new sources of growth
Ant and state firms in Zhejiang province plan to set up a credit-scoring firm to handle the group's data on over 1 billion consumers. The new venture could help revive Ant's suspended IPO
Didi Global will help set up a union for its staff, sources have revealed. This would be a groundbreaking move, as there are few unions in China's tech sector
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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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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