Latest: Fintech News
Criticism comes after the Netherlands restricts export licence for top chip-machine maker, to prevent them being exported to Chinese firms
The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights
FTX's Bankman-Fried had faced six more charges that had been omitted from his first trial, including conspiracy to commit bribery
The Southeast Asian powerhouse’s 2023 GDP fell to 5.05% with sales of its biggest earner, smartphones, dropping 8.3%
The milestone comes just three months after the chatbot was opened to the public following months of trials and scrutiny from Beijing
The Chinese tech giant plans to focus on its device business over the coming year, while increasing the efficiency of its overall operations to counter geopolitical uncertainty
Beijing court rules that Alibaba's e-commerce practice known as 'choosing one from two' was an monopolistic abuse that caused JD.com severe damage, its rival said on Friday
US agencies suspect China is using artificial intelligence sift through an "enormous trove" of hacked personal data on American officials and other citizens to target specific individuals
Company says the GeForce RTX 4090 D, which will be available next month, has been designed to fully comply with US government export controls
The surge suggests Chinese chip firms are racing to acquire lithography systems before Dutch export curbs tighten from next year
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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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