Latest: Fintech News
Blackstone is looking at data centres in five Indian cities with total capacity of 600 megawatts, Lumina's CEO says
Combined profits for listed Chinese brokerages dropped 34% in 2022 and the lacklustre recovery this year has already spurred some companies to cut jobs
Western intelligence agencies and Microsoft say a state-sponsored group had been assessing telecom, transport and other critical organisations in the US and on Guam in the Pacific
Global PC shipments across the industry dropped 29% from January to March with Lenovo forced to cut its workforce by more than 8%
South Korea's Samsung and SK Hynix, the world's top two makers of memory chips, have invested billions of dollars in chip factories in China
Ties between Russia and China have reached an "unprecedented high", Russian Prime Minister Mikhail Mishustin said during his trip to Beijing on Wednesday
Kenyan ministries were subject to hack attacks over three to four years said to be aimed at gaining information on debt owed to Beijing by the East African nation
China has lashed out at Tokyo for saying it will take 'resolute countermeasures' if it restricts the export of advanced chipmaking equipment to the mainland
"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
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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