Latest: Fintech News
Beijing announces bans stemming from China's strong opposition to the US allowing a $385m sale of spare parts and support for F-16 jets and radars to Taiwan
The high valuations for the sector in Asia are partly linked to data centre operators adding more capacity and the nascent nature of the business in the region
US carmaker says it will record non-cash charges of more than $5 billion on its joint venture with SAIC in China, one for the rejig of operations, and another on its reduced value
Malaysian trade minister says he has told many Chinese businesses not to invest in the country if they only want to rebadge their products there to avoid US tariffs
MPs look likely to vote on a bill that calls for the president to be impeached, but the political upheaval could last for months, analysts say
Data centres are requiring increasing amounts of energy, creating challenges for firms like Amazon, which has committed to have net-zero carbon emissions by 2040
Four industry bodies said Chinese firms should buy locally-made chips, after claiming that US chips are "no longer safe"
Truong My Lan lost her appeal against the death sentence for a $12bn bank fraud, but she could save her life if she returns most of the embezzled assets
The Commerce Ministry in Beijing announced an immediate halt on Tuesday to exports of gallium, germanium, antimony and superhard materials to the US
The national government has approved a 1,500km rail link from Hanoi in the north to Ho Chi Minh City in the south, which is tipped to start in 2027 and be completed by 2035
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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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