Latest: Fintech News
Collapses of so-called stablecoins, digital tokens that track the price of the US dollar, have raised fears about the overall cryptocurrency market
The war in Ukraine has aggravated a global food crisis that is causing economic shockwaves around the world and could last for years, expert tells UN Security Council
The TerraUSD stablecoin crash has prompted some analysts to warn of a long ‘’crypto winter’’ of sustained price falls. Others say it's only a temporary setback
All of Airbnb's 150,000 mainland Chinese listings, homes and experiences, will be taken down by this summer, the group has said
The new brand will be rolled out in Singapore and Malaysia, where the firm won digital banking licences, the report said
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
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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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