Latest: Fintech News
The Korean outfit has a lead on rivals in developing the latest in high-end chips used in the fast-growing field of generative AI
The China Passenger Car Association says the country became the top auto exporter for the first time with sales likely to top 5.26 million, ahead of Japan's 4.3 million (but final figures yet to be tallied)
China's rising EV brands are a key market for automotive technology makers as they race each other to launch more automated driving functions
Chinese chipmakers are forecast to start production at 18 new fabs this year, according to a microelectronics industry group
China tech giant is discussing the sale of games with Tencent and other prospective buyers but no deal has been reached yet, it said
The world's largest maker of memory chips, smartphones and TVs says its operating profit for October to December will drop to $2.1 billion
BAE Systems are among the companies that will be targeted by Beijing after the latest round of armaments deals were approved by Washington
Jefferies analysts predict Apple's shipment volumes to China will see double digits declines in 2024
Graphene-based chips promise reduced power consumption and hugely improved processing speeds compared to silicon-made chips
News that police have detained the vice-chairman of China Evergrande New Energy Vehicle sent shares of the unit and its embattled parent company sliding again on Monday
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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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