Latest: Fintech News
The decision, Indian media reported, is based on a preliminary internal investigation of the Paytm rival that has yielded indications of financial fraud
The bank said it wrote off 16.62 billion rupees, which included loans in consumer and microfinance portfolios
BSTX would initially trade securities, such as stocks or exchange-traded funds, but those securities would be tradable on rival bourses
The bill authorises $45 billion to support supply-chain resilience and manufacturing of critical goods, industrial equipment, and manufacturing technology
The two centres are expected to provide more than 45 megawatts of power capacity to serve cloud service providers and other clients
Claure is the latest lieutenant of SoftBank founder Masayoshi Son to depart the Tokyo-based investment company
The company’s self-branded Tianyi No. 1 and Maimang 10 phones will come with the rich communications service
SK Hynix, whose clients include Apple, reported 4.2 trillion won in October-December profit, its highest quarterly profit since 2018
India’s second-largest telecom operator said on Friday US tech giant would invest up to $1 billion - $700m to acquire 1.28% of Airtel and up to $300m in potential multi-year agreements
Audacious promises face major challenges, from technology to regulation, as Tesla and other auto tech firms have missed targets to deploy self-driving cars for years
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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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