Latest: Fintech News
Washington cut off Huawei's US supply of chips and access to tech to design its own chips and has also banned the sale of new Huawei equipment in the US
Government says Indian banks could offer a deposit-backed credit line to startups that had funds in SVB
"Ernie Bot is not a tool of confrontation between China and the United States," said Baidu CEO Robin Li.
IT Minister Ashwini Vaishnaw said there’s an ‘ecosystem shift’ to the country as he revealed plans to develop India’s chip sector
The deal will see the Taiwanese iPhone maker produce AirPods for the first time in another significant shift of tech production away from China
Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine
"There's no question in my mind that, in the chip sector, globalisation is dead," TSMC’s retired founder Morris Chang said
"If protecting national security is the objective, divestment doesn't solve the problem," a TikTok spokesperson said, responding to the US threat
Washington’s tech export bans have pushed up costs but prompted China to increase R&D investment and output in some advanced fields, a Chinese study has revealed
China's securities regulator has questioned why the battery maker needs so much capital after it raised $6.56 billion in a domestic share placement last year
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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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