Latest: Fintech News
Sentiment remains gloomy among manufacturers as domestic demand is increasingly under siege and external pressures from trade tensions loom large
The move in August will expand the Foreign Direct Product rule – to bar half a dozen fabs at China's most sophisticated chipmaking firms from receiving exports from many countries
Huawei Technologies had received more than $1 billion in government grants last year, plus government procurement contracts worth around $5 billion, according to a new report
The European Union has denied claims by China that its top diplomat Josep Borrell "attached great importance" to a Sino-Brazilian statement on ending the war in Ukraine
Rocket company is in talks with US and Australian officials on a possible landing and recovery of one of its Starship rockets off Australia
“There is no rethinking at present to support Chinese investments in the country,” Trade Minister Piyush Goyal told reporters in New Delhi on Tuesday.
The launch will be the first by an Indian electric vehicle maker in a country where adoption of clean vehicles is still low
US stock turbulence has thrown a spotlight on tech giants’ valuations amid a recent market pullback
OpenAI has, since 2015, raised more than $11.3 billion in seven rounds of funding, and has big backers like Microsoft and Sequoia, but its costs are also huge
Firms sign an MoU on building and using ammonia-fuelled vessels owned either by COSCO or both firms to cut emissions while shipping minerals
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AF Fintech Insights
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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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