Latest: Fintech News
China sends delegation to Panama to try to review and possibly reverse its exit from Belt and Road Scheme, while scrutinizing the US deal to buy CK Hutchison's ports
Survey finds one of the biggest-ever drops in exposure to US equities, amid concerns on stagflation, trade wars and the end of US exceptionalism
Nvidia chief expected to reveal details about the company's new flagship AI chips – designed for huge data centres that train AI systems
Baidu has struggled to gain widespread adoption for its Ernie LLM, despite claiming performance comparable to OpenAI's GPT-4
While it is not unusual for Washington to influence private deals of listed companies for strategic reasons, the White House has taken a role similar to an investment bank, analysts say
PetroVietnam signed an MoU with to buy GE equipment for gas-fired power plants, plus deals with Conoco Phillips and Excelerate, while oil refiner Binh Son did a deal with Kellogg Brown & Root
The car will cost at least 20% less to produce than the refreshed Model Y launched last year, sources said. Production will begin next year.
Singapore prosecutors say local firms have been accused of fraudulently supplying $390m worth of US servers to Malaysia, amid reports it involves Nvidia chips sent to China
TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up
Korea offers quick delivery of submarines, tanks, missile systems, jets and howitzers, as tensions rise between Canada and the US, amid concerns over US weapons – and its president
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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