Latest: Fintech News
US official says Nvidia and AMD will provide a share of revenue to the government in return for licences to sell advanced chips to China; the deal comes amid a push by Beijing for HBM chips
Lip-Bu Tan targeted over investments and a scandal at his former firm Cadence, found to have sold chip design products to proxies for a military university in China believed to be simulating nuclear explosions
The Japanese car giant's warning is the highest estimate yet of the negative impact that Trump's tariffs will have on a company
The move is part of Trump's efforts to spur manufacturing in the US. There was also news that Apple will invest $100 billion in its home market
US President says additional tariffs on semiconductors and pharmaceuticals will be revealed in about a week or so. "People love tariffs," he said in a TV interview
Prosecutors says current and former staff are suspected of breaches of Taiwan's security law. They allegedly sought details on TSMC's most advanced 2nm chip
The deal announced on Tuesday is Tokyo's most significant defence sale since the country ended a military export ban
The solar sector lost $60 billion last year with over 40 solar firms delisted, acquired or now bankrupt; and another third of production lines are earmarked for downsizing
Ishiba has responded to criticism from opposition lawmakers for not having signed an official document when Japan agreed to a trade deal with the US last month
Sales of China-made Model 3 and Model Y vehicles, including exports to Europe and other markets, were down 5.2% from June, China's car association said on Monday
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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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