Latest: Fintech News
Chinese scientists have built an advanced chipmaking machine in a secret lab in Shenzhen with help from former ASML staff lured to produce cutting-edge chips
Beijing’s push for artificial intelligence self-reliance could be hyping up stocks of Chinese chipmakers despite their lags in technology
Meta believed China was the country of origin of about a quarter of all ads for scams and banned products on its global platforms, but later disbanded its anti-scam team. Then, early this year it deemed the level of fraud tolerable.
The rapid expansion of money market funds, hedge funds, private credit providers, pension funds and insurers is a growing concern for the Financial Stability Board
Firms that chase the dream of AI super-intelligence will falter, a researcher has said, as the idea "ignores the physical and economic realities that constrain all systems."
Beijing urges the Gulf Cooperation Council to conclude talks on a free-trade agreement, which first started over 20 years ago
Chinese demand for Nvidia’s H200 chip is high but China is unlikely to allow its firms unfettered access to the powerful processors
Australia will fund $120m worth of subsea links from north and south PNG to Bougainville under its defence treaty with its Pacific allies
Chinese regulators have reportedly held 'emergency meetings' with representatives from top tech companies and asked them to assess their demand for the H200 AI chip
Move will raise or impose new duties of up to 50% on goods such as autos, auto parts, textiles, clothing, plastics and steel from states without trade deals with Mexico
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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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