Latest: Fintech News
Genesis Trading was exposed to Three Arrows Capital (3AC), the Singapore hedge fund that slipped into default recently, but managed to reduce its loses, its CEO has revealed
Business secretary Kwasi Kwarteng has put off a decision on whether to permit the sale of Newport Wafer Fab
Cyber bullies who insult or threaten other people on social media could face up to a year in prison or a fine up to 300,000 yen ($2,200) under new penalties that came into effect in Japan on Thursday
A Foreign Ministry spokesman said reports that the US wants to restrict the export of DUV lithography machines were an example of 'coercive diplomacy' and abuse of US power
"The Chinese government is set on stealing your technology — whatever it is that makes your industry tick—and using it to undercut your business and dominate your market," says the FBI.
The 11% rise in earnings was attributed to demand for memory chips from server customers, which offset inflation-hit smartphone sales
Toronto-listed Voyager estimated its crypto assets held for customers at about $1.3 billion and its own holdings worth $110 million, plus $350 million in cash
The US-based company said some of New Delhi's removal orders fell short of the procedural requirements of India's Information Technology (IT) Act
London-based Nexo said it would buy up to 100% of Vauld and 'reorganize its future operations with the aim to accelerate its deeper presence in Asia'
China chipmakers lack the technology to keep it at the forefront of chip design and manufacture, says Jefferies Group analyst Edison Lee.
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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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