Latest: Fintech News
The company upset Chinese regulators by pushing ahead with a $4.4 billion listing in the US despite being asked to put it on hold. Shareholders will vote on its US delisting plan on May 23.
The fund outperformed all other actively managed US equities in 2020 on the strength of its portfolio of companies such as Zoom Video Communications and Teladoc Health
The US Indo-Pacific Economic Framework has four pillars: supply-chain stability, digital economy, the fight against climate change and one related to labour, tax and anti-corruption measures
US Commerce Secretary Gina Raimondo says Beijing is pushing US executives, companies and business groups to fight against China-related bills in Congress
The draft order would grant Attorney General Merrick Garland authority to review and potentially bar some commercial transactions involving the sale of or access to data
The pillars of the new law include protecting sensitive technology, strengthening supply chains for semiconductors and encouraging new tech such as artificial intelligence
Strong game sales helped Sony more than double fourth-quarter operating profit as it encourages online game downloads and sign-ups for subscription services
The new rules were brought in by India's Computer Emergency Response Team as part of a wide-ranging tech crackdown on firms operating in the country
A group of Apple employees has pushed back against a call by the $2.46-trillion company for them to return to the office three days a week, according to a report
The Hang Seng Tech Index was down by 3.3% at the close of trading in Hong Kong and has dropped by about 12% since April 28
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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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