Latest: Fintech News

US senators backed a procedural move that sets up potential votes to pass a semiconductor bill by next week that aims to provide billions of dollars in subsidies and tax credits for the chip industry

The social media platform has sued to hold Musk to his $44 billion takeover offer and a Delaware judge said it deserved a quick resolution of the deal's uncertainty

Ravi Menon, managing director of the Monetary Authority of Singapore, pushed back at reports that regulators missed the failings of crypto hedge fund Three Arrows Capital

Officials say penalty will mark end of year-long probe into group's operations, cybersecurity practices and handling of personal data. Didi would then be able to list in Hong Kong, report says.

Plans for SoftBank to hold an IPO in London for Arm, the British computer chip and software design group, have been put on hold because of the collapse of Boris Johnson's government

Tech experts say China will be dependent on foreign suppliers for years, so carmakers, who face a boom in demand and long supply delays, sometimes have to pay a premium to chip brokers

Sitharaman said because cryptocurrencies are borderless, any legislation to regulate or ban such assets will only be possible through global collaboration.