Latest: Fintech News
China has reined in its most successful and freewheeling tech giants while European countries have attracted further investment
Researchers investigate proof-of-concept for the issuance of a tokenised form of CBDC used by wholesale market participants
Ex-PM plans final appeal to Federal Court after his conviction for illegally receiving about $10 million from SRC International is confirmed by the Appeals Court
Company has been scrambling to keep up with global chip shortage and supply-chain disruptions were expected to worsen during the holiday sales quarter
Company says it was working to resolve the issue and making progress, but did not give an estimate when services would be restored
Recipient is a blockchain-based project that enables content sharing to reward creators, curators and other stakeholders
Apple promised to help develop China’s economy and technological prowess through investments, deals and training
Chip giant says it does not intend to divest or spin off its majority ownership in Mobileye and will continue to provide technical resources to the automaker
South Korean giant names new co-CEOs in biggest reshuffle since 2017 to simplify structure, focus on growing logic chip business
Asia Financial’s Future of Money index has fallen 10% since December 3 as investors become more risk-averse amid the Omicron variant threat.
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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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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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