Latest: Fintech News

Dozens of South Korean companies have left China in recent years for reasons ranging from bilateral strains, geopolitical rivalry, plus China's economic slowdown and push for self-sufficiency

SpaceX signed a $1.8-billion contract in 2021 with the National Reconnaissance Office, which will manage a network of hundreds of low-earth satellites. China and others look to have similar plans

Modi government agrees to Tesla push, says carmakers that invest $500m and set up a car plant within 3 years can import up to 8,000 EVs a year at 15% tax rate, down from 70-100%

Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state banks in Beijing recently to renegotiate billions in debts

The US has reportedly been pressing Seoul, since the second-half of 2023, to implement export curbs targeting chip supplies to China

US senators will consider alternative strategies for control of social media platforms and data, rather than rush to pass a bill that would force the sale of TikTok in the US. With Beijing opposed to the bill, a legal challenge also looks likely

European officials are investigating social media platforms' compliance on illegal content amid concern on deepfake news and AI risks, and harmful products