Latest: Fintech News
Chinese billionaire and company founder Jack Ma will see his voting rights slashed from more than 50% to just 6.2% under the move
TikTok confirms it has delayed hiring consultants to help the company reach a security agreement with the United States amid mounting political concerns
Lacklustre profit estimate by the world's top maker of memory chips, plus smartphones and TVs, is a warning signal for other big tech firms' results
The computer firm has also reportedly told suppliers to cut down on the use of other parts that have been ‘made in China’, the Nikkei reports
The Taiwanese firm said resumption of production at its Zhengzhou plant had seen a gradual recovery which has contributed to "double-digit growth"
Apple Inc’s stock market value dropped sharply on Tuesday following its steep drop last year, leaving it below $2 trillion for the first time since March 2021
"The fruit of economic achievements will be shared by all citizens, from young to old," Premier Su Tseng-chang said
A dominant player in the global chip industry, the country hopes the incentives would help it cement the security of its supply-chain security while boosting the economy
Federal Communications Commissioner Brendan Carr described TikTok was "a sophisticated surveillance tool" and said the US needs to follow India's move in banning the app
Huawei chief Eric Xu says the company is easing out of crisis mode – just weeks after being hit by a further ban imposed by the US government.
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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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