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Analysts say China is happy to drag out talks on the TikTok takeover, but President Xi agreed to meet President Trump in South Korea on October 31.
The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers
Thailand needs to monitor gold exports to Cambodia, to find out if they are connected to money laundering, the country's central bank chief has said
China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips
Chinese shareholders' stake will be cut to below 20%, while Andreessen, Silver Lake and Oracle look set to be key players in the new firm running TikTok in the US
The takeover of app's operations in the US will take 30 to 45 days, but Oracle will retain its role managing the collection of TikTok's data and software updates, CNBC has said
The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets
Chinese officials have unveiled a plan to double the country's storage capacity for 'new energy' to 180 gigawatts (GW) by 2027.
Analysts said China's latest moves — particularly against Nvidia — were likely timed to give Beijing greater clout in trade talks with US officials, but they ended on Monday.
Trade officials confirm TikTok agreement after Trump reveals deal on a 'certain' company that would make young people in America 'very happy.'
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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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