Latest: Fintech News
Concern is rising over surging water consumption by data centres, as well Big Tech's use of carbon offsets to write off emissions, and plans for a rejig of offset rules
Beijing imposed a record $2.75 billion fine on the tech outfit in 2021 and has been ‘guiding’ the company’s efforts to fall into line
China has emerged as a significant buyer of ASML’s products — accounting for nearly half of its sales — in the first quarter of the year
Government policies favouring narrow areas of science and technology are worsening the job prospects of millions of young people, critics say
China has increased its lead in 64 critical technologies, while India is emerging as a key centre of global research innovation, a new report says
Dutch Prime Minister Dick Schoof said The Hague was weighing up the consequences of more export restrictions on its leading tech outfit
The patents represent a small fraction of China's global patents, but could jeopardise the renewal of a 45-year-old science and technology pact between Beijing and Washington
Rand Corporation authors interviewed dozens of AI experts on how to overcome the 80% failure rate estimated for AI projects
The rapid transition to renewable energy sources, notably solar power, continued in 2023 and the first half of 2024, new reports say
US Security Adviser Jake Sullivan meets with President Xi after rare meeting with key military officer and others in a bid to ease tensions on a range of thorny issues
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Fintech: The Big Picture
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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