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Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.
The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions
Fujimi and its subsidiary in Taiwan manufactures a polishing material integral to chip manufacturing, according to a company statement
Applicants include Henan, Fujian and Heilongjiang provinces, and the cities of Guangzhou, Chongqing, Fuzhou and Xiamen, state-backed financial outlet Securities Times reported
The Coalition Against Piracy brought the court action along with the BBC Studios , Premier League, Discovery, LaLiga and TVB International.
The Asia-Pacific region is experiencing a growing demand for data centres, driven by accelerated digitalisation and increased localisation
The collaboration will enable R3 to offer its distributed ledger platform and confidential computing platforms to Hong Kong fintech start-ups
The company said the funds will enable it to expand to companies in Singapore and Australia and launching into new markets including India
CryptoTaxCalculator, founded by Shane and Tim Brunette in 2018, is a software start-up that collates data from major crypto exchanges
Meituan said on Tuesday it would lower commissions for merchants on its platform, capping fees for around a million small and medium sized merchants facing difficulties at 5%
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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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