Latest: Fintech News
Officials in three countries are investigating electric buses, after news that suppliers have remote access for software updates and control system diagnostics, amid fear they could be 'exploited' while vehicles are in transit.
Google has done a deal with Australia's defence department for a data centre on its remote Indian Ocean frontier as part of a subsea cable link between Australia and Asia
Customs data released on Friday showed that Chinese exports fell by more than expected in October despite the trade truce agreed to by the two countries. Imports were also down.
Finance Minister Nirmala Sitharaman wants more 'big banks' and says efforts are underway to consolidate some of the country's 12 state-owned banks
Nvidia will mentor India's emerging deep-tech startups and also participate in research projects and policy dialogue in the country
Legendary investor Michael Burry has bet big that the AI 'bubble' is set to burst, a new report says
Chinese regulators have banned the use of foreign chips in data centres supported by state funds, saying they must only use locally-made computer chips, sources say.
The Nikkei plunged by almost 7% from the record high reached on Tuesday, while South Korean shares dropped by 6.2%. Both markets clawed back some losses in afternoon trading.
The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.
French politicians, retailers and regulators have waged a campaign to oppose Shein's expansion, seeking to protect high street retailers ahead of tough new legislation on online platforms, which Shein has fought against
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
AF TV: Fintech Videos
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
-
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
-
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.
-
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.
-
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
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
