Latest: Fintech News
General Atlantic is in talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, head of its business in India and SE Asia, said
The fintech startup, which helps firms embed services such as remittance, loans and digital payments into their platforms or apps, will own 100% of Shopmatic, the report said
The US is looking to deepen its economic partnership with Taiwan, a senior US Security Advisor revealed en route to Japan with President Biden
The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns
Binance founder Changpeng Zhao – or CZ – is said to have lost $87bn of his personal wealth in around 130 days
The audit was prompted by Musk's demand that Twitter prove that phoney and spam accounts constituted no more than 5% of the total
The LKB & Partners law firm filed a lawsuit against Terraform Labs co-founders Do Kwon and Daniel Shin, the Seoul-based Munwha Ilbo newspaper reported
The consultancy urged state authorities to restrict Chinese government-owned companies from state purchase and contracts and restrict university partnerships
Authorities said companies would be required to remove their 5G equipment by June 2024 and would not be reimbursed for their expenses
Tencent sank by more than 6%, Alibaba dropped 7.39%, while its e-commerce rival JD.com was down 3.7% and Meituan slipped by nearly 3.8%
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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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