Latest: Fintech News
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022
India's plan to shift from coal to clean energy is being slowed by a shortage of skilled manpower, plus doubts by states' power distribution firms and a lack of infrastructure to handle with the transition
EU shocked after TikTok campaign backed by 'thousands' of fake accounts allegedly helps unknown pro-Russian candidate to a first-round win
Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country
The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next
US lawmakers are reviewing ties with Hong Kong's banks, amid increasing reports that the city has become a hub for money laundering and sanctions evasion
Officials in Beijing have moved to rein in tech giants like Tencent, Alibaba, Meituan and Bytedance, by ordering them to fix algorithms used on their apps and websites
Amazon unit is suspected of urging sellers to lower their prices on its e-commerce site in exchange for better placement of their products on its website
Dhaka is reviewing its deal with Adani Power, as the firm has been charging Bangladesh a rate much higher than power producers in India
US officials have proposed new rules for undersea internet cables following the cutting of two cables in the Baltic Sea this week
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
