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Hong Kong stock index falls over 6% to levels last seen in the 2008 crisis, with shares of Alibaba and Tencent down 10% and 8% on fears economic growth will be sacrificed for ideological policies
US chip equipment makers could lose market share and revenue to competitors in countries like Japan and South Korea, if firms find a workaround for the latest curbs, one analyst said
Toyota has already slashed its global production target for the last financial year three times, from 9.3 million in May 2021 to 8.5 million this February
Foxconn's Zhengzhou campus banned all dining at the plant this week and required workers to take their meals back to their dormitories
Chinese people's 'sense of security' has risen to 98.6%, an 11% rise since 2012, vice-minister of public security Xu Ganlu said
The incident is the latest in a spate of cyber breaches reported by Australian companies, including mobile operator Optus
The US-China trade conflict and the escalation of cross-Strait tensions have brought serious challenges, TSMC chairman Mark Liu says
"Rather than staying in that role, I recognise the gravity of this situation," former Kakao chief Namkoong Whon said
The share of defective micro-circuits and components in deliveries to Russian companies from China has increased from 2% to 40% since the invasion in Ukraine, a local report says
The Reserve Bank of India said in a paper this month that the 'e-rupee' will have "limited pilot launches" next fiscal year, Nikkei said.
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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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