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Latest: Fintech News

China’s Meituan Shares Fall 15% Over New Fee Guidelines
China’s Meituan Shares Fall 15% Over New Fee Guidelines

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

Singapore’s DBS to Counter Cybersecurity Risks at SMEs
Singapore’s DBS to Counter Cybersecurity Risks at SMEs

The programme comprises modules covering a different facet such as password protection, phishing, digital scams, physical security and social media

Nissan Plans EVs for Mississippi, Scouts for US Battery Plant
Nissan Plans EVs for Mississippi, Scouts for US Battery Plant

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 Prices Rise in Japan, Delaying Interest Rate Move
AliExpress, WeChat Added to US Counterfeit Goods Watch List
Can an NFT Game Throw a Lifeline to Asia’s Poor?
Yuan Holds No. 4 Spot in World Payments Rankings – Xinhua
Taiwan Chip Sector in Hiring Frenzy – Nikkei Asia
Beijing Expresses Concern Over India’s Latest Apps Ban
Russia Seeks to Avoid China-Style Crypto Ban, Says Minister

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AF Fintech Insights

Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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Fintech: The Big Picture

ASML in the Centre of the Chip War

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