Latest: Fintech News
E-commerce giant aiming to serve more than 300 million users and boost regional e-commerce transactions to $100 billion a year
Cryptocurrency scams are an all-time high, according to new data released on Friday, with illegal operations making off with more than $7.7 billion worth of assets, 81% more than in 2020.
Officials at various US agencies talked about a proposal to toughen sales to chipmakers in China
Zhao Weiguo’s opposition to the deal with JAC and Wise Road is a potential hurdle for the sale and restructuring of Unigroup, a firm once poised to be a key Chinese semiconductor producer
Facebook parent said it deleted accounts tied to India-based BellTroX and an unnamed Chinese group, possibly run by law enforcement officials
Former prosecutor has executed important deals including a $2.2 billion fund raised earlier this year that's already been deployed
Officials said they had not confirmed reports by security companies of ransomware installations or attempts to steal secrets
The tool calculates "strategic friction" by looking at data and evaluating significant activities that had affected bilateral relations
The 'golden share' practice was previously confined to companies specialising in online news and content
The advanced packaging facility, which is expected to begin production in 2024, will create over 4,000 Intel jobs and more than 5,000 construction jobs
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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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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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