Latest: Fintech News
Samsung SDI announces deal with GM on EV battery plant in Indiana, which will aim to have an initial production capacity of 27 gigawatt hours per year
Canadian Prime Minister Justin Trudeau has said China was 'not playing by the same rules' as the rest of the world. He is also considering similar levies on imports of chips and solar cells
Alibaba, Tencent and Bytedance are splurging on AI processors and infrastructure to meet strong demand for large-language models and data centres
Scrutiny of X's links to Russian oligarchs comes ahead of the November US election that will see Democratic nominee Kamala Harris run against second-time Republican nominee Donald Trump
E-commerce giant sees $55 billion knocked off its market cap in record plunge after quarterly sales miss estimates amid concern over China's severe downturn and its 'global outlook'
American firms producing electric vehicles to electric utility equipment largely want higher China tariffs to be reduced, delayed or abandoned altogether
The US tech services giant said on Monday will shut its R&D operations in China. It may boost operations in India and other parts of Asia
French investigators say Durov has failed to take action against illegal activities like terrorism, organised crime, drug trafficking and cyber-bullying on Telegram
China calls on US to 'halt its misguided actions', after 42 firms are added to export blacklist, and news emerges National Security Adviser Jake Sullivan will fly to Beijing
Several institutes backed by Beijing — including some that are sanctioned by the US — are exploiting loopholes in existing export controls to access advanced AI tech
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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