Latest: Fintech News
Rei Ishii, an employee of Sony Life Insurance Company in Tokyo, allegedly diverted the money in May when the company attempted to transfer funds between its accounts
The public issue comprises fresh issuance of equity shares worth 12.5 billion rupees and an offer for sale of 30,700,000 equity shares, according to the draft red herring prospectus
Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning incident, government officials said on Tuesday
Momo is Vietnam's largest e-wallet by users and aims to double that number to 50 million in the next two years. It aims to go public in 2025
Top brands engage live-streamers to help market products on China's top e-commerce platforms, and analysts say it is essential to a brand's retail strategy for the country
The fine on Viya, who once appeared on a stream with US reality TV star Kim Kardashian, far exceeds that of other well-known cases.
The Cyberspace Administration of China said the online platform Zhihu should not provide a space for the dissemination of illegal information
The steepest decline came this year amid crackdowns on Big Tech platforms and internet content
The company has retained its goal of selling 1.5 billion shares but will now rely on cornerstone investors to buy $511 million, or around 67%, of shares, according to regulatory filings on Monday
Funding makes Razorpay the most valued privately held fintech company in India and the second most valued Indian fintech after Paytm
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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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