Latest: Fintech News
A leaked US document shared online recently says China is looking to create cyber weapons to "hijack" enemy satellites, but the US is also developing defensive and offensive space weapons
The US Treasury has imposed sanctions on two Chinese traders and a North Korean bank agent for laundering millions in crypto stolen by a notorious hacking group and used to pay for missiles
The “top secret project” is aimed at realising Beijing’s ambitions of becoming self-reliant in critical semiconductor technology
Washington has asked Seoul to encourage Samsung and SK Hynix to hold back from boosting China sales if Micron is banned as a result of an ongoing investigation
The move by the Taiwanese contractor is the latest by firms in Apple’s supply chain which sees them avoiding ties to China
Dutch lithography giant ASML and the California-based Lam Research say strong demand for less-advanced chips, like those used in EVs, show China will still be a key customer this year
Treasury Secretary says the US seeks "constructive and fair" economic ties with China and urges cooperation on global debt crises, climate change and ending the war in Ukraine
The Chinese tech giant was cut off from software core to the company's operations by several successive rounds of US trade sanctions
The Apple CEO is in India to inaugurate the US tech giant’s first retail stores in the world's biggest smartphone market after China
Tech firm sold the drives to Huawei between August 2020 and Sept 2021 despite an August 2020 rule banning certain foreign items made with US technology to the company
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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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