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"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said
A CNBC reporter asked Baidu’s Ernie Bot how long Xi Jinping will be in power and where Covid-19 originated
Montana, which has a total of about 1.1 million residents, is the first US state to impose a ban on the short-video app, which is due to take effect on January 1, 2024
The international securities watchdog has unveiled recommendations on Tuesday for global regulation of crypto-assets and digital markets; it aims to finalise them by year-end
"He chatted with me via video call, and I also confirmed his face and voice in the video. That's why we let our guard down," the victim said
Shares of local and Asian chipmakers rose after China's cyberspace regulator said that Micron, the biggest US memory chipmaker, had failed its network security review
Palau and Micronesia will sign updated security agreements with the US over the next two days, while the Marshall Islands could also agree to do the same shortly, US envoy Joseph Yun said
G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima
The G7 joint statement is not hostile and nothing in it should come as a surprise to China, given the concerns of G7 members are "well known" to Beijing, a US official said
Indians have been asked to deposit or exchange their 2000-rupee notes by Sept 30, 2023; the move comes ahead of state and general elections in the country when cash usage spikes
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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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