Latest: Fintech News
Custom officials say integrated circuit chips, classed as strategic items and worth $11.6 million, were funneled to mainland via a South Korean company; firm's executives now face prosecution
The machines are aimed at disrupting the most expensive step in the chipmaking process, by “stamping” chip designs on to silicon wafers instead of etching them using ultraviolet light
The US is pushing to require its cloud firms to verify the identity of foreign entities who sign up for their services, through a "know-your-customer" program
The Joe Biden Administration is expected to begin handing out subsidies to top semiconductor companies in the coming weeks, according to a WSJ report
The investments were contingent on Vietnam developing its regulatory regime for renewable energy, the State Department official said
A senior Washington official says the superpowers should find a way to agree on artificial intelligence safety standards
A Hong Kong Court is due to hear applications on Monday to wind up the world's most indebted developer in what may be one of the biggest and most complex liquidation cases ever.
Researchers fear efforts to rein in a deceptive model could reinforce its bad behaviour, as it learns how to hide its transgressions
Dutch tech giant says US and Dutch curbs will cause a 10-15% dip in its sales, but it expects Chinese demand to remain "very very solid", while some analysts predict a chip boom in 2025
Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in Hong Kong has allowed easy access to bitcoin and other tokens
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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