Latest: Fintech News
Ransomware experts said a prolific cyber gang with links to Russia accused of targeting hundreds of US firms is believed responsible for the attack on the Industrial and Commercial Bank of China
Chinese customers are reportedly stockpiling chipmaking kit made by Dutch firm ASML before new restrictions come into force in 2024
Tokyo has been offering significant subsidies to domestic and foreign chipmakers to rebuild its semiconductor industry
The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’
South Korean conglomerate says its new AI technology, Samsung Gauss, is a generative language model that can help compose emails, translate content and perform various other tasks
STAR Market Daily news outlet said the new chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them from late next week
Millions unable to get medical care, pay for goods or make calls, as 'technical breakdown' hit payment systems, banks, hospitals, and caused transport network chaos
The US tech giant didn’t reveal why it had shelved its plan but had previously raised concerns about stable power supplies and Hanoi bureaucracy
Chinese tech firms have historically relied on sector leader Nvidia but Washington’s tech curbs have prompted a shift away from the US firm
Chen Shaoji, the founder of DouYu game-streaming site, was taken away by authorities several weeks ago, company sources told a state news outlet
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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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