Latest: Fintech News
Regulators in Beijing have told Chinese companies listed in New York and their auditors to get their accounts to Hong Kong to prepare for inspections by US auditors
The US tech giant was China's leading premium smartphone provider in the second quarter, followed by China's Vivo, the South China Morning Post said.
Pinduoduo has briefed merchants on its plans but details have not yet been finalized, a source said.
India is set to sign a $3-billion deal with the US for 30 top-level military drones for surveillance of their border with China and the Indian Ocean
Treasurer Jim Chalmers said his department would list the types of digital currencies within the country, as a first step to identify which crypto assets to regulate, and how.
Indiana Governor Eric Holcomb is making the third trip to Taiwan this month by a U.S. delegation after U.S. House Speaker Nancy Pelosi's earlier visit infuriated China.
The Taiwanese group signed a $300m agreement with local developer Kinh Bac City to expand its facilities northeast of Hanoi, amid reports it will make the Apple Watch there
The Singapore-based lender said the layoffs were to reduce the company's expenditure and leave it with only about 10 employees.
The decision to stop the buyout is the UK's latest move to protect its technological edge from Chinese ownership, The Guardian reported.
The meeting comes on the heels of a new US CHIPS Act that includes $52 billion in subsidies for companies that make chips or conduct chip research in the United States.
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
