Latest: Fintech News
News that police have detained the vice-chairman of China Evergrande New Energy Vehicle sent shares of the unit and its embattled parent company sliding again on Monday
China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders
The planned acquisition follows the Chinese financial technology group’s purchase of Singapore-based payments firm 2C2P
Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December
A probe into HyperVerse's supposed CEO suggests his identity is fake as none of his qualifications could be confirmed, a new report says
Prime Minister Narendra Modi’s home state has held top-level talks with the world’s leading semiconductor firms as it chases its chip hub ambition
Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed
The Elon Musk firm’s latest set of Starlink satellites will be used by T-Mobile US, with more providers lining up behind them
Vietnamese electric carmaker plans to make EV batteries in Thoothukudi city in Tamil Nadu, in the southern India, sources say
Tencent and Netease shares rose after China removed a senior regulatory official and a state media commentary called for officials to end their 'erratic' oversight of the platform sector
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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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