Latest: Fintech News
Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year
Chinese companies have increased their extraction of rare earths from northern Myanmar by an "unprecedented" amount, a new report says
The US President-elect says a pause would give his administration time to pursue a "political resolution" to the issue
Beijing has asked local governments 'with financial capacity' to give relief funds or a one-time allowance to people in need as the Lunar New Year break looms
China's top chipmakers are still 10-15 years behind leading Western chipmakers because they cannot access EUV lithography machines, ASML's new CEO has said
Iran is facing a major energy crisis which has forced many businesses to shut down and schools to go online, a new report says
Official data on Friday showed that industrial profits fell 7.3% in November from the same month last year, following a 10% drop in October
The Murdoch media group has sold its Australian cable TV unit Foxtel to UK-based streaming network DAZN, sparking talk it may make a bid for rugby broadcast rights
Top-selling Japanese carmaker will produce its luxury car brand Lexus at a new plant in Shanghai, Nikkei business daily says
“The only way to beat China is to stay ahead of them," US Commerce Secretary Gina Raimondo said in an interview
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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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Transport InsightsChina’s Xi Issues Rare Warning on Over-Investment in EVs, AI – FT
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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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