Latest: Fintech News
The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls
"American chip manufacturers have no problem with China as a customer," ASML CEO Peter Wennink said
"There is no more time to waste on meaningless negotiations with a CCP-puppet company," Republican Senator Marco Rubio said
Apple’s Chief Executive Officer Tim Cook revealed the total on a visit to the epicentre of the Japanese chip industry
Chinese state media outlets rank alongside the likes of Cristiano Ronaldo, Shakira, Coca-Cola and Justin Beiber in Facebook’s top 25 most followed list - raising questions about where its followers are coming from
Bankman-Fried was arrested in the Bahamas on Monday, at the request of US authorities, a day before he was scheduled to testify before Congress
Commerce ministry filed a complaint to the World Trade Organisation on Monday, but US the dismissed the move, saying its actions relate to national security
China plans a massive package to support its computer chip sector and will reportedly outlay over $143 billion over five years
The Biden administration aims to cut China off from certain semiconductor chips made anywhere in the world using US equipment
The move followed pushback from trade groups like the US Chamber of Commerce which argued the measures would not further US national security
In This Section
AF Fintech Insights
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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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SemiconductorsQualcomm Rises on Surge in Demand for AI Chips in China
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Southeast AsiaHong Kong Poised to Green-Light First Spot Bitcoin ETFs
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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
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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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