Global Fintech Leaders Index

Note of Support from Founder Jack Ma Lifts Alibaba Shares 5%

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making,…

3 days ago

Top US Republican Senator Backs Forced Sale of TikTok

Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to…

4 days ago

TSMC Wins Billions in US Aid After Deal on 3rd New Arizona Fab

Washington will award TSMC's US unit a $6.6bn subsidy and up to $5bn in low-cost loans, after it agreed to…

5 days ago

China Central Bank Announces $70 Billion Loans For Tech Sector

Chinese policymakers have doubled down on Xi Jinping's new mantra of unleashing "new productive forces” and stepped up investment in cutting-edge…

6 days ago

Dutch May Give in to US Push Against Servicing China Chip Tools

From China's strategic alliance with Russia to chip equipment giant ASML's plans to move operations abroad — the Mark Rutte…

6 days ago

Google, Microsoft, Intel to Study AI-Related Job Losses – WaPo

The study comes at a time when fears are mounting of widespread job losses across a multitude of industries, ranging…

1 week ago

Samsung Poised For Nine-Fold Profit Jump Thanks to Chip Rebound

The key driver of the profit growth would be Samsung’s chip division, which is expected to report its first quarterly…

1 week ago

TSMC Predicts $60m Hit From Taiwan’s Biggest Quake in 25 Years

The world's top chipmaker said impacts from the quake could hit its Q2 earnings, but the costs could be much…

1 week ago

TikTok Ban Would be Hypocrisy, Apple Co-founder Says – CNN

Steve Wozniak said any US move to ban tech platforms that track users should apply to all companies that do…

2 weeks ago

China’s Alibaba Trialling Deliveries Via a Reusable Rocket

Alibaba's online shopping platform is working with a startup developing reusable rockets that aim to fly cargo to countries around…

2 weeks ago

US Releases Detailed Rules For Export Curbs on AI Chips to China

The 166 pages of rules note that restrictions on chip shipments to China also apply to laptops. They will take…

2 weeks ago

Huawei Profits Jump 144% in Fastest Growth Since US Sanctions

Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every…

2 weeks ago