Latest: Fintech News
South Korean president Yoon Suk Yeol vowed to support the South Korean chip sector in the face of heightened tensions between China and the United States
While big crypto companies can afford to fight the SEC, arguing that tokens are commodities, small firms have filed for bankruptcy after SEC actions, such as Beaxy exchange
The path to Indonesia's new high-speed rail service, built and funded with Chinese aid, has been drawn-out and bumpy, and now there are tussles over when it should open and loan fees
A former executive at Bytedance, the parent company of TikTok, claims Chinese officials had access to all users' data, including SIM card details and IP addresses
The US banking giant's pledge comes even as most foreign businesses have remained reluctant to commit to growing their China business amid increasing Sino-US tensions
Foreign inflows of $4.4 billion went into Taiwanese stocks and $3.1 billion into South Korean equities in May amid surge of interest in beneficiaries from artificial intelligence boom
Economic challenges and geopolitical tensions have made fundraising difficult, with investment in China by global players in particular slowing
Exports slumped 7.5% year-on-year in May, data from China's Customs Bureau showed on Wednesday, the biggest decline since January. Imports also fell by 4.5%.
The Securities and Exchange Commission says Coinbase has operated as an unregistered broker, evading disclosure requirements meant to protect investors
US regulator's move, filing 13 charges against Binance and its CEO Changpeng Zhao, has hit public faith in crypto trading, and led to a wave of withdrawals from the group's exchanges
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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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