Latest: Fintech News
The world's largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown, but the country is allegedly still the biggest source of its trading, a new report says
Chinese companies across the clean technology supply chain are looking to lock up access to resources amid forecasts of booming long-term demand
India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said
China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract
The commerce ministry said the restrictions will include some drone engines, lasers, communication equipment and anti-drone systems
Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020
The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world
The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022
Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more
Samsung Electronics say a demand recovery is mostly in high-end AI chips and not enough to force a turnaround on planned cuts after a $7bn half-year loss
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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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