Latest: Fintech News
China's chip equipment and toolmakers will be targeted by a new set of export restrictions set to be imposed by the Biden Administration, sources say
The case has drawn widespread attention in China due to its focus on AI LLM training and in light of the country's race to develop the technology
European investigators suspect a Chinese vessel dragged its anchor for over 100 miles to cut two underwater cables in the Baltic Sea earlier this month
The law forces Facebook, Instagram, TikTok and others to stop minors logging in or face fines of up to $32 million. A trial of methods to enforce it will start in January, with the ban to take effect in a year.
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022
India's plan to shift from coal to clean energy is being slowed by a shortage of skilled manpower, plus doubts by states' power distribution firms and a lack of infrastructure to handle with the transition
EU shocked after TikTok campaign backed by 'thousands' of fake accounts allegedly helps unknown pro-Russian candidate to a first-round win
Beijing said it 'welcomed Nvidia's continued investment in China' and that it will support the chipmaker's efforts 'to continue to take root' in the country
The Chinese tech giant's latest smartphone series, Mate 70, is equipped with a homegrown 5G chip and its own operating system HarmonyOS Next
US lawmakers are reviewing ties with Hong Kong's banks, amid increasing reports that the city has become a hub for money laundering and sanctions evasion
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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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