Latest: Fintech News
Smartphone giant is the latest tech firm to lay off workers, as sales and revenue have taken a hit in recent months as China battled Covid outbreaks
Buyers have been cancelling orders to buy Tesla electric vehicles because of Elon Musk's "toxic behaviour" since he took over Twitter, a new report says
Proposal included in big defence spending bill to be voted on this week, after more US states also ban use of China's contentious short-video app
Taiwan's government has opened an investigation into Chinese social media platform TikTok amid suspicion it illegally runs a subsidiary on the island
The leader manufacturer of chips for automobiles has shut its plant in Beijing after workers caught Covid last week
Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports
“I think as an internationally leading search engine, isn’t your first responsibility providing correct information?” Hong Kong's Deputy Chief Secretary for Administration Warner Cheuk Wing-hing said
Foxconn faces disciplinary action from Taiwan's government after it disclosed it was a shareholder of Chinese chip conglomerate Tsinghua Unigroup
The system has already been used by Russia following the imposition of sanctions on Moscow over the Ukraine war
The US has added dozens of firms to its trade blacklist in a bid to curb China's military, human rights abuses, and block suppliers of the Russian military
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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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