Latest: Fintech News
A US Treasury report said a programme to block US investment going to advanced tech sectors in countries deemed to be a potential security threat would cost $10 million, if set up this year
The world's largest contract chipmaker is diversifying and has new plants planned in the US, Japan, and possibly in Germany.
New US rules are expected to cover private-equity and venture-capital investments in advanced semiconductors, supercomputing and some forms of artificial intelligence
Expanding tech curbs on the Chinese tech giant could have a major economic impact on Nvidia, a draft US government notice has said
Shares of Silicon Valley outfit C3.ai leapt 16.14% before the bell on Friday and were among the top five stocks trending on StockTwits
The move signifies Beijing's changing priorities as it looks to strengthen is capabilities while Washington cuts off access to cutting edge technology
Decision is a blow for the British government, which hoped to lure the chip designer home, but not unexpected, as SoftBank always favoured a US listing and needs to replenish its coffers
Foxconn chief met Indian Prime Minister Narendra Modi this week 'to build an ecosystem allowing all stakeholders to share, collaborate and thrive'
The latest additions includes units of genomics giant BGI, which was linked to repression of ethnic minorities, plus firms linked to ballistic missiles, or surveillance equipment used by Burma’s military
The state-backed China Aerospace Science and Industry Corp will launch the first LEO satellites of a planned constellation in September
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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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