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India’s second-largest telecom operator said on Friday US tech giant would invest up to $1 billion - $700m to acquire 1.28% of Airtel and up to $300m in potential multi-year agreements
Audacious promises face major challenges, from technology to regulation, as Tesla and other auto tech firms have missed targets to deploy self-driving cars for years
While Bank of Japan has made no decision yet on own digital currency, it is proceeding with experiments and a plan to deliberate on specific designs of one, Governor Haruhiko Kuroda said
The financing - which brought the company's valuation to more than $8 billion - was co-led by D1 Capital Partners and Spark Capital
The 4-0 vote to revoke the authority granted in 2002 is the latest move by the regulator to bar Chinese telecom carriers from the US over national security concerns.
BYD Semiconductor's IPO comes as global supply chains face a chip shortage, which originated in the automotive sector
"We are confident that with his vast experience, he will be able to lead Maybank in its next growth phase," Maybank's chairman said
The debut follows the official launch of Scotch & Soda’s first digital store on Tmall in China last autumn
Cyber security is fundamental to the Personal Information Protection Law and data usage rules and is key to Shanghai's long-term strategy
Financial assistance for licensing should be reduced every year until cancelled by 2025, according to China's patent registration office
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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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