Latest: Fintech News
India and Vietnam exported more phones to the US than China in the second quarter, amid shifts in production and tariffs imposed by President Trump, a new report says
Chinese developers of large language models and artificial intelligence chip manufacturers including US-sanctioned Huawei, Biren, and Moore Threads will join hands to build an AI 'ecosystem'
Leaders accept peace proposal, while debate rages on why fighting flared. Bangkok says it stems from a Thai crackdown on a notorious scam centre operator.
EU agrees to invest $600 billion and buy more US products in return for Trump halving his threatened tariff on most European goods to 15%
Japan's auto sector, which accounts for over a quarter of its US exports, will see tariffs cut to 15% in exchange for a $550-billion package of investment in the US
China's top leaders could move this month to try to reduce the country's wasteful excess production in key sectors, but the hard decisions may have to be made by local officials
YouTube axes thousands of accounts set up by China, Russia and others in move to counter disinformation. Meta also cut millions of profiles for inauthentic or 'spammy' content
Xi’s comments have strengthened expectations that CCP officials will take steps to curb overcapacity in top industries
China's crackdown on the smuggling and trans-shipment of critical minerals hit exports of antimony and germanium in June even as rare earth magnet shipments jumped sharply thanks to a deal with Washington
Beijing says it hopes the US 'can correct 'wrong' practices' on chip trade following an announcement from Nvidia chief Jensen Huang that would start selling H20 chips to China again
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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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