Latest: Fintech News
Apple's globally anticipated event to launch its latest iPhone 15 saw mixed reactions in China - the company's third largest market
EC move follows concern over the flood of Chinese electric vehicles into Europe amid fear that Beijing's subsidies for car and battery makers are a threat to the continent's production of EVs
Eddie Wu, a long-time lieutenant of former Alibaba chief Jack Ma, takes charge of the company amid its biggest organisational restructure of its 24-year history
The 10 biggest US IPOs of the past four years are down an average of 47% from the closing price on their first day of trading
Researchers from Microsoft and other groups say China was behind fake social media posts that claimed fires in Hawaii last month were caused by a secret "weather weapon" made by the US
Chinese creditors voted on Monday for proposals to extend repayments on eight onshore bonds worth $1.48 billion by three years. Six were approved, while two were delayed, sources said
The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year
Project Clover, a plan to build three new data hubs in the EU, still might not be enough to avoid a Brussels regularity crackdown, analysts have warned
Deals worth billions in a range of tech sectors were detailed at a business summit on Monday that coincided with President Joe Biden's trip to Hanoi
Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi
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
