Latest: Fintech News
US senator expects Chinese genomics firm to see 'big' growth through its close ties to the CCP and China's military, despite fears of misuse of its huge DNA database
The bill comes on the heels of a meeting between Nvidia chief Jensen Huang and Trump, where the two discussed China exports
Analysts stunned by prices paid for stock, given the company has lost five billion yuan over the past three years and has yet to make a profit
This is the first such indication from Beijing that it is taking concrete measures to reach a key promised outcome from a meeting between US President Donald Trump and Xi Jinping in October
Bank of Japan seen hiking its policy rate 0.25% this month. Nikkei hits 3-week high, as robot makers led gains on bets physical AI will fuel growth
Every tested firm ranked very poorly at assessing existential safety, a measure that evaluates whether they have any concrete strategies to manage potential ‘catastrophic risks’ from AI superintelligence
Thai officials have seized a luxury yacht, expensive cars, plots of land, plus millions in cash and stocks in listed firms allegedly linked to scam centre operators in Cambodia
The order led to a widespread outcry from users, critics, activists and political rivals who said the app could become a state surveillance tool in the world’s most populous nation
India's move has sparked widespread concerns on state surveillance, with critics, privacy advocates and political opponents saying the app is a way for the Modi government to get access to 730 million smartphones
Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home
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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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