Latest: Fintech News
A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry
In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S
Shares rose slightly on markets in mainland China but dropped in Hong Kong, while Japan, Seoul and Sydney rebounded after three days of falls; Asian currencies edged higher
ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year
The Japan Fair Trade Commission suspects the US tech giant is “restricting its business partners' activity in the search services market”
As many US firms weigh the risks of keeping their businesses within the factory floor of the world, others are dealing with a relentless operational dependance on China
The value of bilateral trade between Russia and China surged to $21.18bn last month, its highest since Russia invaded Ukraine in February 2022
Analysts say the US move last week to expand its export controls may allow the Chinese tech giant to fill the void created by the ban on Nvidia's popular artificial intelligence chips
Officials have inspected Foxconn sites in four provinces, while state media says founder Terry Gou has 'responsibilities' and should be pushing for peace with Beijing as he runs for president in Taiwan
Malaysian Prime Minister Anwar Ibrahim made the suggestion at a the first-ever summit of the two regional blocs in Saudi Arabia on Friday
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
AF TV: Fintech Videos
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
-
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
-
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.
-
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.
-
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
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
