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Stock exchanges in Shanghai and Shenzhen had lost about $519 billion in market capitalization, while firms on the Nasdaq Golden Dragon index lost a combined $31 billion
Boss of Dutch lithography giant says it is "absolutely essential" to keep having market access to China, the world's largest chip market, despite restrictions imposed recently by the West
The updated law, which bans the transfer of any information deemed linked to national security, comes after raids on three foreign firms that have rocked the business community in China
Researchers in Britain say propaganda by authoritarian regimes in Russia, China and Iran have attracted more followers since Twitter dropped its labels on 'state-controlled media'
A satellite will be launched next year to enable communication with a mission to explore the moon and more are planned in coming decades for ventures into deep space, China says
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
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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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