Latest: Fintech News
Chief executive Daniel Zhang says new rivals and slowing consumption in China were the primary causes for the e-commerce giant's results
Chinese e-commerce giant says annual active customer accounts increased by 25% to 552.2 million in the year to September 30
Financial institutions are a critical facilitator of global trade with 40% of goods being supported by bank-intermediated trade finance - but micro and small businesses are missing out
Paytm stock lists on NSE at Rs1,950 ($26.28) against its issue price of Rs2150 ($28.98) apiece before crashing
Rotating chairman Guo Ping says post-pandemic, digital technology a pillar for economic recovery and resilience in many countries
Singapore-based exchange paid more than $700 million for naming rights, making it one of the biggest naming deals in sports history
NDRC spokeswoman says state-owned units involved in crypto "mining" using residential electricity price structures would be punished
Executive-led consortium believes company is undervalued in Hong Kong, where investors prefer mainland China firms
ASIC commissioner Cathie Armour said firms that hire unlicensed social media promoters could be in breach of the Corporations Act
Cloud Village operates a music-streaming platform similar to that of Spotify and was planning to take investor orders in August
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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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