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“We’re making significant investments ... that will pay off in the long term,” she said, referring to the metaverse, and signalling a short-term slowdown
Xpeng first entered Europe when it launched in Norway in 2020 and the company said it will open a store in Stockholm this week
Reserve Bank of India Governor Shaktikanta Das says private cryptocurrency is a threat to macro-economic and financial stability
A US crypto association is suing the Internal Revenue Service to force it to clarify rules on tax payable on tokens acquired by staking. The outcome could have a big impact on crypto's future
The Financial Stability Board, which groups regulators, central banks and finance officials from G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins
Regulator meets with 27 firms such as Tencent, Alibaba and ByteDance to explain the regulatory landscape so they have a clearer grasp of sustainable 'development opportunities'
The parent company of India's ShareChat will acquire local rival MX's short-video platform in a deal worth about $700 million, as competition heats up in the sector
While Chinese netizens have heaped praise on athletes such as Eileen Gu and Su Yiming, criticism has been aimed at figure skater Zhu Yi
Roughly 100 countries are looking at CBDCs, the IMF estimates, as it published a study looking at six nations where digital money is already in place
A June 2020 article she wrote for Forbes was ironically titled: "Experts Share Tips To Protect Your Business From Cybercriminals"
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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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