Latest: Fintech News
The Bank of Thailand and Anti-Money Laundering Office will set up a task force to investigate transactions with Myanmar and help Thai banks to counter arms deals, the foreign ministry has said
A move by Beijing to regulate 'excessive incomes' has led to two funds telling high earners they must repay money they earned last year over a new 3-million-yuan salary cap
Quant funds recorded significant losses in the first six months of this year – a dismal performance that is leading to a reshuffle in the $200 billion industry
Big Tech anxieties, China’s wayward economy, Donald’s Trump’s possible return and currency shifts all weighed on sentiment
LG Energy Solution said they were discussing possible tie-ups with three Chinese suppliers, with battery plants in either Morocco, Finland or Indonesia
One leading asset management firm has projected that ether ETFs could attract monthly inflows of $1 billion
Apple has upped local production in India through contract manufacturers like Foxconn but it still imports some high-end iPhone models
China has computers that are faster than US machines rated as the best in the world, but refuse to talk about them as they fear more sanctions, a US expert has said
US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio
EV-maker Tesla unveiled the first generation of its Optimus robot, called Bumblebee, in September 2022
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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