Latest: Fintech News
US tech giant got information from 980,000 Korean Facebook users on sensitive issues without permission, watchdog says; Group's plan for an AI data centre in the US also suffered a setback
US chipmaker GlobalFoundries has been fined by Washington for shipping chips to a banned Chinese supplier
Several suppliers for SpaceX's satellite operations have set up shop in Vietnam and Thailand, sources said, after the firm voiced concern about 'geopolitical risks' if they remained in Taiwan
Production volumes of solid-state batteries could reach Gigawatt-hour levels in 2027, according to a new report on the rush to create a better EV battery
Last year, 80% of panels exported by Chinese firms to the US came from Vietnam, Thailand, Malaysia and Cambodia. Now bases have been set up in other states to avoid US tariffs
Private sector survey shows factory activity expanded slightly last month after Beijing announced stimulus measures, while the steel sector sees a rejig
Chinese researchers from PLA institutions say they used an early version of Meta's Llama to create a similar AI tool for military tasks
EC has begun an inquiry on whether Temu has breached the Digital Services law in relation to the sale of illegal products, the app's "addictive design" and other issues
An algae strain that grows rapidly in the presence of carbon dioxide and sinks in water has been hailed as a prime candidate for carbon sequestration projects
State Department officials, Trump family members like Eric Trump and Jared Kushner, plus Senate leader Chuck Schumer were among those targeted, it said
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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