Latest: Fintech News
China's Didi Global is in talks to buy a third of Sinomach Zhijin Automobile, a small maker of electric vehicles, sources revealed on Wednesday
An economist at a government-affiliated research institute warned that top chipmaker TSMC is speeding up expansion to the US and may decamp from Taiwan.
China's global share of the advanced technology market leapt from less than 4% in 1995 to 21.5% in 2018, a new report says
Airbnb refused to refund users who complained about being misled, saying they had chosen to view rates in US dollars even though users said they had not, the ACCC said
TSMC customers in Europe are far fewer than in other parts of the world, chairman Mark Liu told the company's annual shareholder meeting
The bill marks one of the most ambitious efforts yet by US lawmakers to supervise rapidly growing and controversial crypto markets
China's gaming regulator granted publishing licences to 60 games, none of which were made by Tencent Holdings or NetEase. Foreign developers were also snubbed
The move underscores the growing acceptance of digital currencies among financial institutions as they seek a wider range of investors
India has proposed a new set of IT rules to rein in social media giants like Facebook, Twitter and WhatsApp, amid concern that big tech companies are exploiting gaps in national regulations
Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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