Latest: Fintech News
The Financial Stability Board, which groups regulators, central banks and finance officials from G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins
Regulator meets with 27 firms such as Tencent, Alibaba and ByteDance to explain the regulatory landscape so they have a clearer grasp of sustainable 'development opportunities'
The parent company of India's ShareChat will acquire local rival MX's short-video platform in a deal worth about $700 million, as competition heats up in the sector
While Chinese netizens have heaped praise on athletes such as Eileen Gu and Su Yiming, criticism has been aimed at figure skater Zhu Yi
Roughly 100 countries are looking at CBDCs, the IMF estimates, as it published a study looking at six nations where digital money is already in place
A June 2020 article she wrote for Forbes was ironically titled: "Experts Share Tips To Protect Your Business From Cybercriminals"
Crypto investors often object to centralised control and reject stringent oversight - and that sometimes leads to lax security
People's Bank of China, State Administration for Market Regulation, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission are coordinating
"We increased our stores, but without increasing the total number of staff," chief executive Joey Watt said on a call with analysts and investors
The carmaker expects operating profit of 800 billion yen for the fiscal year ending March 31, up from its previous forecast of 660 billion yen
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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