Latest: Fintech News
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
Officials say exports in July were said to have risen by 19% this month from 2023, while an index for industrial production rose by 11.2%
The South Korean tech giant says its new cutting-edge power pack charges in just nine minutes and boasts a 20-year lifespan
US lawyers have rejected all arguments raised by TikTok, and told a Federal Appeals Court the law addresses security concerns, not free speech
The top five spots in the country are now held solely by Chinese smartphone makers — for the first time ever
Chinese tech firms want to stockpile TSMC chips and are offering a big mark-up because of "uncertainties arising from the upcoming US presidential election and its impact on US-China relations"
Power consumption in China surged in the first half of 2024, but the country also expects another jump in installed renewable power this year
Cryptocurrency industry bodies are making their presence felt in politics and Trump has now U-turned after slating the sector three years ago
Beijing said Taiwanese who don't break the law have nothing to fear from a new rule stating ‘diehard’ separatists could be executed
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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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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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