Latest: Fintech News
China raised $6.5 billion in venture capital funding in January, the highest across the Asia Pacific region and just short of the US, despite its tech crackdown
Western allies and TSMC are grappling with how to mitigate a worst-case scenario where China invades or blockades Taiwan, cutting off chips crucial to the global economy.
Stocks of Chinese firms involved in data centre tech and cloud computing surged on Monday after Beijing approved the building of 10 data centre clusters worth billions of dollars.
The companies, which offer credit to consumers for small purchases, soared in popularity during coronavirus lockdown as people splurged online on new clothes, shoes and home furnishings
Indonesia's clear regulations and a thriving start-up ecosystem are giving it an edge in the race to dominate Southeast Asia’s burgeoning digital economy
Beijing's education regulator has told operators of mobile apps for training and educating pre-school children to 'cease all operations', while those for older children must register with officials
Shares in food delivery giant plunged after the state planner called for a cut in fees for restaurants to reduce their costs, while tech stocks were also hit by a warning on metaverse fundraising
The programme comprises modules covering a different facet such as password protection, phishing, digital scams, physical security and social media
Automaker has plans to assemble EVs for its Nissan and Infiniti brands in Mississippi starting 2025 and aims to have EVs make up 40% of its US sales by 2030
Consumer inflation is expected to pick up due to surging energy prices, while last year's mobile phone fee cuts are also set to fall out of calculations
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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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