Latest: Fintech News
US chip toolmaker Applied Materials will invest $400 million over four years in a new engineering centre in India
The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence
US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing
The American memory chip firm’s investment comes on top of backing from the state of Gujarat and India’s central government
Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition
Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say
Musk says it's "quite likely there will be a significant investment in our relationship with India in the future,” adding that he thinks "India has more promise than any large country in the world"
New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027
The ‘SiliconAuto’ joint venture will design and provide semiconductors for Stellantis’s Fiat and Peugeot brands as well as other automakers
Biden says Blinken did a "hell of a job" in China, after Secretary of State said US does not support independence for Taiwan, and pressed China to remain 'vigilant' of firms giving arms to Russia
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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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