Latest: Fintech News
Government approval of licences for 45 foreign video games in December is seen as a significant boost for the sector and gaming giants such as Tencent and Netease
Samsung's persistence with investment plans could help it take market share in memory chips and support its share price when demand recovers
Taiwan assessed China had staged the military "provocation" to express anger at a new US defence authorisation law
The Taiwanese company is already building a $8.6 billion chip facility in the country as part of efforts to diversify its production base
Founder of Chinese tech giant reprimands staff over 'corruption' issues and mismanagement after horror year of tech crackdown
The new plant in Dresden – TSMC's first in Europe – will capitalise on booming demand from Germany's car sector, Nikkei said
Four ByteDance employees, two in China and two in the US, involved in tracking foreign reporters and sources of company leaks, were fired for examining the journalists' IP addresses
Huawei has been unable to acquire new integrated circuits after US trade sanctions cut-off its access to chips produced using US technology anywhere in the world
TikTok is trying to find ways for the US government to not ban the app while remaining with its parent company ByteDance
US regulators say FTX executives Caroline Ellison and Gary Wang will plead guilty to defrauding investors, while FTX founder Bankman-Fried is due to face a US court shortly
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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