German fintech Wirecard stock jumps after corruption charge clearance

Thirteen years ago, the UN's climate conference saw developed countries commit $100 billion per year by 2020. That figure has not been met and it is South Asia that has paid the price, say climate activists.

Fintech startups increased in value by more than 80 per cent across Africa last year, led by strong performances in South Africa, Nigeria and Kenya. Funding for these firms has more than doubled in the first six months of this year, with over 640 tech hubs now in operation across the continent. But the startup market accounts for less than one per cent of global venture capital funding.

FINTECH Week 2022 is the largest gathering of Fintech players, innovators, regulators, investors, big techs, developmental communities, and several other players in Africa and from across the globe.

The deal to set up a fund to compensate poorer countries being hit by climate change is viewed as a positive development, but many remain skeptical as it's not clear who would pay for it and who would benefit.

More than two years after the collapse of the digital payments firm Wirecard, ex-CEO Markus Brown and two managers go on trial in Munich.

The regime in Pyongyang has started 2023 by threatening South Korea and announcing plans for more capable ballistic missiles and a larger nuclear arsenal.

Brussels is seeking to build influence in Southeast Asia. But the EU's habit of criticizing governments over human rights doesn't go down too well in the region.

A visit to South Korea and Japan by the head of NATO this week highlights the alliance's strategic priority to push back against China and North Korea, while addressing the global impact of Russia's war in Ukraine.

A survey has found that many people in Southeast Asia prefer to engage with the EU amid US-China rivalry in the region. Cambodians particularly viewed the bloc favorably — Malaysians and Indonesians not so much.

The European Parliament has been sending delegations to the region as it edges towards an EU-ASEAN parliamentary assembly. But the bloc is fractured over who should lead EU foreign policy.

The elderly population in East Asia is swelling as the birth rate continues to decline. The region now has the world's lowest fertility rate, raising fears of social and economic woes, especially for its youth.

The proposed legislation is causing consternation in Southeast Asia, where local businesses are currently working to adapt to the EU regulations on the environment and sustainability.