Latest: Fintech News
E-commerce giants are urging the central bank to authorise yuan-based stablecoins to counter the sway of US dollar-linked cryptocurrencies, but the PBOC fears it will be a huge regulatory challenge
Sales of trucks that run on new energy are reported to have soared by 175% in the first half of this year
Shares of solar panel-makers have soared this week since Beijing said it would end severe discounting that has troubled them for months; polysilicon has also soared.
Hanoi plans to expand a crackdown on trade fraud and imported counterfeit goods particularly from China, in a bid to keep the US happy after their trade deal
The price of copper shot up on Wednesday after Trump's threat of a 50% tariff, while pharma stocks fell on his talk of a 200% levy on drug imports. Deals with India and the EU expected soon.
A rapid increase in global warming and unprecedented climate change threatens the availability of water to chipmakers' copper suppliers, PwC says
Tokyo and Seoul said on Tuesday they will try to negotiate with the US to soften the impact of higher tariffs, but many other Asian nations face greater challenges
China said BRICs is not seeking 'confrontation' after the bloc issued a statement that Trump damned as 'anti-American.' He threatened to hit all members with a 10% tariff
Korean tech giant, which faces technical, geopolitical and governmental challenges, is expected to announce a significant fall in second profit on Tuesday
Officials pledged on Thursday to help the photovoltaic industry, as top solar manufacturers have suffered losses amid huge overcapacity and a long price war
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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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