Menu

Search

How fintech can help Indonesia's small and medium enterprises survive the COVID-19 pandemic

Nov 08, 2020 11:07 am UTC| Technology Fintech

In Indonesia Southeast Asias largest economy small and medium enterprises (SMEs) contribute to around 60% percent of the nations economy and absorb 97% of its domestic workforce. However, while there are more than 60...

Microfinance loans could spell disaster in the time of coronavirus

Jul 22, 2020 12:26 pm UTC| Fintech Economy

When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global attention. Microfinance...

South African banks need to do more to ensure financial inclusion

Jul 02, 2020 15:11 pm UTC| Economy Fintech

An analysis of financial inclusion in South Africa shows that affordability limits poor households access to formal financial services. In our study, which looked at peoples use of financial goods and services between 2008...

The price of AI art: Has the bubble burst?

Jan 07, 2020 15:33 pm UTC| Insights & Views Fintech

Last fall, an AI-generated portrait rocked the art world selling for a staggering US$432,500 at Christies auction house in New York. The portrait called Edmond de Belamy features a slightly out-of-focus man with no nose...

Blockchain Revolution Series

Digital Currency Revolution

Iran works on national blockchain platform and cryptocurrency

Aug 28, 2018 03:31 am UTC| Digital Currency Fintech

Iran is developing a national blockchain platform which will enable the country to build a money transfer network with its allies, an official at the Central Bank of Iran was recently quoted saying. Speaking during a...

Blockchain Revolution Series

BankSign: Samsung SDS announces blockchain-based co-verification platform for banks

Aug 27, 2018 10:58 am UTC| Digital Currency Fintech

Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, has developed a blockchain-based certification system, Yonhap News Agency reported. Dubbed BankSign, the platform has been set up in collaboration...

Blockchain Revolution Series

Reserve Bank of India sets up new blockchain and AI-focused unit

Aug 27, 2018 05:37 am UTC| Digital Currency Fintech

The Reserve Bank of India (RBI) has set up a new unit to ramp up its efforts in the area of blockchain technology and artificial intelligence, according to The Economic Times. Sources familiar with the latest...

1 2 3 4 5 6 7 8 9 10   

Economy

Tencent shares plunge 10% after China media calls online gaming 'electronic drugs'

Stocks of Chinas biggest social media and video game firm Tencent tumbled over 10 percent, wiping almost $60 billion from its market capitalization after state-run Economic Information Daily likened online video games to...

Nissan and AESC to build $456 million EV battery plant in Japan

Envision AESC and Nissan will build a second car battery factory in two months, set to rise in Ibaraki Prefecture, with an initial investment of $456 million and an annual production capacity of six gigawatt-hours in...

NTT laments lost opportunity to showcase technology at Tokyo Olympics

Japanese companies like Nippon Telegraph and Telephone Corp. lament the missed opportunity for their products to take center stage with the lack of spectators in the Olympic games. NTT wanted to showcase its...

Toss offers free transactions amid growing online bank competition

Viva Republica would eliminate transaction fees for Toss users starting Monday, as it prepares to launch Toss Bank next month and gears up for growing competition with internet-only banks and other fintech firms. The...

Politics

Joe Biden vaccine: US meets 70 percent vaccination rate

The Biden administration is increasing efforts to get Americans vaccinated in light of the surge in cases, especially of the Delta variant. This week, President Joe Biden has announced that the US has finally hit the 70...

Kamala Harris to promote Biden-Harris administration's 'America is Back' in upcoming visit to Singapore, Vietnam

US Vice President Kamala Harris will be making her next few overseas engagements this month in her upcoming visits to Singapore and Vietnam. Harris is expected to promote the new administrations message in her trips to the...

Kevin McCarthy faces further backlash from women's rights group over 'joke' of assaulting Nancy Pelosi

House Minority Leader Kevin McCarthy recently came under fire for his joke about hitting House Speaker Nancy Pelosi with a gavel should he become House Speaker in 2022. However, McCarthy is facing further backlash as a...

Capitol insurrection: Testimonies from Capitol police can help build criminal case against ex-POTUS Trump

Last week was the first hearing of the House Select Committee tasked with investigating the events of the Capitol insurrection last January 6. Following the testimonies of some of the injured law enforcement officials that...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

Honor Magic 3 benchmark result hints at the use of Snapdragon 888

The anticipated official launch of Honor Magic 3 is just a few days away, but leaks remain unstoppable. More recently, a Geekbench benchmark test result appeared online, possibly revealing what processing chip will power...

‘Clair de Lune' traveled to space to become the first NFT music to reach orbit

Claire de Lune, the popular classical music composed by French composer Claude Debussy, has a non-fungible token (NFT) version, and this digital file was flown to space. Traveling to orbit and reaching 125,000 miles...

Google Pixel 6 series to launch in 8 countries

Google has done something quite different for the announcement of the Pixel 6 series. Instead of waiting until fall to unveil the upcoming flagship devices, the company published a series of tweets that revealed their...

‘Fortnite’ adds DC’s Bloodsport and ‘Street Fighter’s’ Cammy and Guile this week

Epic Games is having one major collaboration after another this summer. Now, the world of Fortnite is having a crossover with some popular Suicide Squad members and a couple of fan-favorite Street Fighter...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.