Latest: Fintech News
Global chip sales are forecast to jump 13% this year after a shaky 2023, according to an industry group
Fraudsters used past meetings to create AI deepfakes of the firm's chief financial officer and other staff to scam an employee into transferring company funds
The tech giant alone invested $22.5 billion in new products in 2022, according to a European Commission report
Chinese tech giant has been forced to prioritize AI chips over production of chips for its premium Mate 60 smartphones, sources say, as they are made at the same facility
The Taiwanese tech outfit’s chairman Liu Young-way also said geopolitical problems will affect consumer demand
The tech firm said it has no links to China’s military and refuted claims it was a threat to the US
The proposed sell-off of Freshippo and RT-Mart comes amid Alibaba's restructuring and China's tightened scrutiny of IPOs
Shares of WuXi AppTec and WuXi Biologics sank to multi-year lows on Friday because of deep concern about the proposed Biosecure Act Bill and Wuxi AppTec's ties to the Chinese military
A research body linked to a New York university has accused a JSR subsidiary of commercialising its technology without permission. JSR makes photoresists, which are chemicals used in chipmaking
China Renaissance filed a report to the Hong Kong stock exchange on Friday that said Bao Fan would step down immediately as chairman and CEO for "health reasons"
In This Section
AF Fintech Insights
-
Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
Recommended: AI News
Recommended: Crypto News
Recommended: Blockchain News
AF TV: Fintech Videos
Fintech: The Big Picture
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
-
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
-
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.
-
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.
-
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
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
