Latest: Fintech News
Financial giant towers over the digital currency world, a crypto equivalent of the London, New York and Hong Kong stock exchanges combined
Further investors are expected to join in the fundraising, which comes ahead of a planned public listing by the 'superapp' next year
Chief executive Tim Cook says digital currencies are "reasonable to own" as part of a diversified portfolio
The owner of games such as Honor of Kings, PUBG mobile and Clash of Clans has also seen advertising spend fall because of the crackdowns
Fast growth is due to the region's relatively young population, rapid smartphone usage, increasing urbanisation and burgeoning middle class
The plant in Kumamoto prefecture will focus on producing 22- to 28-nanometre semiconductors, which are critical to the vehicle sector
Central bank governor Yi Gang says management model prioritises settlement efficiency, privacy protection and anti-counterfeiting
Unity Software known for developing engine used as platform for Pokémon Go said it would expand workforce beyond present 275 engineers
The top cryptocurrency, bitcoin, is more than 1,680% higher than its March 2020 low as cryptos’ total market capitalisation passes $3 trillion
China’s big tech stars are likely to report falls in profits and slowing revenues growth following Beijing’s regulatory clampdown on the sector this year
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AF Fintech Insights
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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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