Latest: Fintech News
The US Senate this week gave its nod to a much-debated semiconductor bill that seeks to hand billions of dollars in sops for the computer chips industry
Samsung and SK Hynix are already among the world's top semiconductor brands, but President Yoon seeks to bolster supply chain stability and resources
A total of 15 places, including cryptocurrency exchanges and related offices, were searched on Wednesday
Financial regulators in Henan province said on Thursday that individuals with deposits of up to 100,000 yuan ($14,800) will be repaid
The platform known as Huanhe, or Magic Core, is the latest victim of Beijing's crackdown on NFT trading, Jiemian.com said, citing Tencent insiders
The Apollo RT6 EV – a cross between an SUV and a minivan – will use eight lidars, a detection system similar to radar that uses pulsed laser light, and 12 cameras
US senators backed a procedural move that sets up potential votes to pass a semiconductor bill by next week that aims to provide billions of dollars in subsidies and tax credits for the chip industry
The social media platform has sued to hold Musk to his $44 billion takeover offer and a Delaware judge said it deserved a quick resolution of the deal's uncertainty
Ravi Menon, managing director of the Monetary Authority of Singapore, pushed back at reports that regulators missed the failings of crypto hedge fund Three Arrows Capital
Officials say penalty will mark end of year-long probe into group's operations, cybersecurity practices and handling of personal data. Didi would then be able to list in Hong Kong, report says.
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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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