Latest: Fintech News
The new sanctions caused stocks and the ruble to plunge initially, and led to former president Dmitry Medvedev calling for citizens to “inflict maximum harm” on Western societies
AI Steve, an artificial intelligence-powered candidate is running for the UK Parliament while a YouTube prankster says he's running for PM in 11 constituencies
Dairy producers and pork exporters fear retaliatory tariffs from China after Wednesday's decision on anti-subsidy duties on Chinese EVs
India gives approval for a satellite internet service operated by a JV led by Mukesh Ambani's Jio Platforms and a Luxembourg firm, while Musk's Starlink has got a green light in Sri Lanka
The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus
The EC decision to hit Chinese EVs with extra tariffs is a move in the wrong direction, China said on Thursday, noting that EU states and carmakers oppose the move
Europe's additional tariffs on imported EVs are expected to kick off talks with Beijing to avoid a major trade conflict, which could spread to other sectors
US to broaden its export controls and announce new sanctions on financial institutions and non-banks that help the Russian military with chips, tech and goods, sources say
Chinese blue chips fell 1.2%, having been shut on Monday, while the Hang Seng Index was down 1.04% and the yuan hit a seven-month low.
World's richest entrepreneur claims integrating OpenAI in Apple's operating system would be a security risk, but he is also suing OpenAI and developing a rival AI chatbot
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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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