Latest: Fintech News
The Chicago-based FairX lists futures contracts that track markets, including stock indices and oil. Its contracts are cleared by Nodal Clear, which is controlled by Deutsche Börse
Tokyo to provide 400 billion yen subsidy to Taiwan Semiconductor Manufacturing Co. to build plant in Kumamoto prefecture
Hong Kong’s Monetary Authority is canvassing views on rules for crypto assets and says it could take no action at all – or ban cryptocurrencies and stablecoins altogether
China's cabinet issued a plan on Wednesday for development of its digital economy, aiming to increase this sector's share of national GDP by pushing tech like 6G and big data centres
India's Infosys posted a 12% jump in quarterly profit and bumped up its revenue forecast on strong demand for its software services from businesses accelerating their digital transformation
The judge also rejected Facebook's argument that the case was fuelled by a bias against the company by FTC chairwoman Lina Khan
Industry experts believe the penalty sends a message to the credit reporting industry that authorities will ensure security for personal financial information
Non-fungible tokens – crypto assets representing a digital item such as an image, video, or even land in virtual worlds – surged in popularity last year
Vodafone Idea board backs conversion of all interest related to spectrum auction instalments and dues owed to government into equity
Telecom regulator said Apple submitted plans to allow third-party payment systems on its app store, to comply with a new law banning operators from forcing developers to use their systems
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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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