Latest: Fintech News
The employee, a Chinese national, stole details about chips and software that helps power a supercomputer "capable of executing at the cutting edge of machine learning and AI technology"
Wang Yi said Washington’s unrelenting trade curbs have come despite Biden and Xi pledging to work closer to find common ground
Researchers in Switzerland who evaluated three carbon capture techniques said the cost could be $280 to $580 a tonne, which was double some previous estimates
Exports for January-February were up 7.1%, while imports also rose by 3.5%, but analysts said the figures stemmed from the low trade data in the same months in 2023
The Chinese firm said it had ended its lawsuits against Amazon in Germany over patented technology related to wifi and video playback
China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.
New bill put to Congress would force Chinese tech giant ByteDance to sell its popular short-video app within 165 days or face a US ban, but it likely faces a legal challenge
The crypto’s rise has come after US regulators approved several spot bitcoin exchange-traded funds (ETFs) in January
Analysts say there are contradictions and gaps in government plan to boost consumption while curbing debt and overcapacity that undermine confidence in the Beijing's ability to keep growth around 5%
QDII fund units jumped 50% year-on-year to a record high in January amid 'insane' demand. The scramble for offshore assets is putting pressure on China's capital account and currency
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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