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Fintech news | Asia fintech companies, stock, crypto and AI - Page 4 of 277

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Tesla to Axe 10% of Workforce as Dipping Sales, Price War Bite

Elon Musk’s firm has seen its stock fall by about 31% so far this year with customers slow to transition…

1 week ago

Row Over Fair Car Trade Continues as Scholz Lands in China

Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and…

1 week ago

Malaysia, India Bid to Profit From US-China Chip War – KrAsia

The tech trade battle between Washington and Beijing has created a window of opportunity for China’s southern neighbours

2 weeks ago

US Lawmakers’ Fury Over Huawei’s Intel AI Chip-Powered Laptop

Republicans have hit out at the Biden administration over continuing supplies of high-end American tech to China

2 weeks ago

Huawei Signals New High-End Smartphone After Mate 60 Success

Speculation has been growing for months about Huawei’s P70 model which is expected to be powered by an advanced China-made…

2 weeks ago

China Orders Telecoms to End Use of US Chips by 2027 – WSJ

China's Ministry of Industry and IT ordered state mobile operators to inspect their networks for non-Chinese chips and map out…

2 weeks ago

Micron Admits Taiwan Quake Will Impact Memory Chip Supplies

The 7.2-magnitude earthquake had raised concerns of potential disruption to the island’s globally critical semiconductor industry

2 weeks ago

Four Chinese Firms Blacklisted for Seeking AI Chips for Military

The four firms were among 11 added to the US Entity List on Wednesday, an official said, along with others…

2 weeks ago

TSMC Reaps Dividends of AI Boom as Revenue Beats Forecasts

Revenue for the first quarter of 2024 was $18.54 billion, up from $16.72 billion in the same three months last…

2 weeks ago

Hong Kong Poised to Green-Light First Spot Bitcoin ETFs

Hong Kong authorities are desperate to improve the city's financial attractiveness after its image suffered because of Beijing’s pandemic restrictions

2 weeks ago

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,…

2 weeks ago

South Korea Backs AI, Chip Sectors With $7 Billion Pledge

Seoul is desperate to retain its world-leading role in semiconductors as AI takes chip development on to the next level

2 weeks ago