Latest: Fintech News
Apple CEO Cook also met Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Tuesday as the US tech firm looks to expand in Southeast Asia
The US official said US businesses operating in China regularly complain about insufficient protections and enforcement over intellectual property
White House trade chief Katherine Tai will tell lawmakers the administration is even looking at reintroducing some Trump-era tariffs on Chinese imports
'Ernie Bot' is China’s most popular chatbot. Baidu earned several hundred million yuan using AI in the fourth quarter of last year
While rivals claim to be further ahead in the race to develop the next generation of batteries, Nissan has hinted it’s poised to make the great leap forward sooner
A new report, by chip expert Chris Miller, said shipments from China accounted for 88% of the chips Russia acquired, measured by dollar value, in the first half of 2023
Samsung, which launched its latest flagship smartphone Galaxy S24 series at the beginning of the year, shipped more than 60 million phones in Q1
The bloc’s solar panel manufacturers have been struggling to compete with their Chinese competitors as its members install new solar panels at record speed
Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition away from fossil-fuelled motors
Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements
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AF Fintech Insights
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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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