Latest: Fintech News
Nearly half of companies surveyed by AmCham are reviewing or plan to review their business plans. Many have been disrupted by elevated geopolitical tension, costs and staff anxiety
Last month, on the heels of an export ban by the US and amid ongoing lay-offs in tech industries across the world, YMTC announced it would dismiss 10% of its staff
The Ministry of Home Affairs recommended India's IT ministry ban and block the apps by the coming week
The Taiwanese firm, which assembles around 70% of Apple’s iPhones, reported record revenue in January of $22 billion
Tokyo has reportedly agreed to join the United States and the Netherlands in halting shipments of semiconductor manufacturing equipment
The iPhone-maker suffered its first drop in revenues since 2019, following Covid-related disruptions at its largest factory in China
US Secretary of State Antony Blinken has cancelled his planned visit to China after a Chinese spy balloon was tracked flying across the country
The Paris Club of creditor nations is ready to provide financing assurances for Sri Lanka, which needs the backing for a $2.9 billion bailout by the International Monetary Fund, sources say
President Xi Jinping warned this week that China must speed up moves to become self-reliant in science and technology "to prevent being strangled by foreign countries"
Washington hopes to deploy more Western mobile phone networks in India and also welcome more Indian computer chip specialists to the US
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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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