Yuecai Holdings announced the fund, which will have a 17-year term and invest in auto chips and equipment for microchips, at an event on Tuesday, the Securities Times said
 
The US tech giant’s CEO is in India to open the first official company-owned outlets in the country
 
A growing list of shipping owners have been drawn to Elon Musk's internet communications service provided by SpaceX's low-earth orbit satellites, new report says.
 
India last year implemented a broader framework to facilitate overseas trade in rupees through vostro accounts
 
Shares of India's second-largest IT services firm sink nearly 15% after it forecast revenue growth of 4-7% for the fiscal year ending March 2024, well below expectations
 
China agreed to provide “lethal aid” to Russia for its war in Ukraine, according to a document on the Discord app, that may have come from US spying on Russian intelligence
 
The technology giant already mass produces its Apple Watch in the Southeast Asian country
 
 
 
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
 
The 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.
 
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
 
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade