Latest: Fintech News
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume
Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’
India gives green light for 14 Chinese manufacturers to form JVs with Indian firms to set up facilities that supply parts to Apple, to boost iPhone and electronics production
Once information is ruled as fake, social media platforms will have to ensure users do not publish or share it, the draft legislation proposes
The online platform is expected to include more than 90% of China’s total transportation market
Coinbase's decision to exit comes only a few weeks after rival exchange Kraken said it, too, would cease its operations in the country
Microchips will dominate global politics for decades and assume a geopolitical importance similar to the discovery of major oil reserves, Intel CEO Gelsinger claims
Macau has been a Special Administrative Region of China since 1999 when its Portuguese administration returned it to Chinese sovereignty
Local court finds Suncity casino executive guilty of running a vast criminal syndicate, enabling illegal gambling, fraud and a notorious 'under-the-table' gambling scam
A top Dutch official said the US had 'justified worries' about over-reliance on Asia but the country 'won't sign on the dotted line' without consulting its allies
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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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