Latest: Fintech News
Magnachip, whose shares declined 1.8% at $16.81 in extended trading, will get a termination fee of $70.2 million, according to a joint statement
City-state shoots up the rankings based on targeted attacks by ransomware from 44th in the first six months of 2019 to number 11 in January to June this year
American tech giant will expand manufacturing for its advanced semiconductor packaging technologies in the northern state of Penang
Binance said it plans to refocus operations in Singapore as a blockchain innovation hub
Washington blacklisted SenseTime over alleged human rights abuses in Xinjiang, which the firm called "unfounded"
A now deleted tweet from @narendramodi claimed the Indian government had bought 500 bitcoin and was going to share them with its citizens
GCHQ head warns technology could allow Beijing to monitor users and exert control over global currency transactions
Washington is also allegedly considering adding more tech firms to the Commerce department's entity list and to the Treasury list banning US investment
Move comes after FT reported the US will put the firm on an investment blacklist on Friday, meaning US investors could not buy shares in the group
Facial recognition software specialist targeted ahead of $767 million listing for allegedly enabling human rights abuses
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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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