Latest: Fintech News
China's microchip firms are rushing to snap up foreign engineers in China who were laid off after a crackdown by the US
The world's largest maker of personal computers posted its first revenue drop in 10 quarters
The social video app giant said staff must have access European user data to ensure the platform is "enjoyable and safe"
A US Federal Communications Commissioner says the US should ban TikTok as there may be no way around concerns about China accessing its user data
Aerial shots put China's military bases in the highly contested South China Sea into crisp detail
The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries
The proposed plant will be located in Toayuan in Northern Taiwan, with TSMC yet to confirm the claim which came from a close source, Taiwan News said
It was Toyota's fourth consecutive quarterly profit decline. The company has repeatedly cut output targets, but has fared better than most competitors in managing its supply chains
Chinese tech giant plans to leave the Russian market, according to a report by Novinite.com in Bulgaria, which cited Izvestia and said the company had stopped direct deliveries to the country
Shanghai's Covid caseload tops 2,700 on Tuesday, while Foxconn boosts pay fourfold to overcome recent worker exodus
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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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