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The Reserve Bank said ASX's clearing and settlement units fall short on regulatory standards and it needs to make big changes to its culture and risk management
Australian mining companies have been assessing setting up plants in the US amid the Trump Administration's push to bolster its processing facilities for rare earths and other critical minerals
Trump's $100,000 fee for new H-1B visas could push American firms to increase their AI use, while also setting up offshore offices for more of their operations, specifically in India, Canada and Mexico
Trump is expected to announce the takeover of TikTok in the US this week, with confirmation that the app's algorithm is "secured, retrained and operated in the US"
No country in Southeast Asia is more exposed to US tariff hikes than Vietnam, only China would be hit harder, a UNDP rep said
Lee said they cannot afford to invest $350 billion without a safety mechanism to cut risk, such as only supporting commercially feasible projects
Analysts say China is happy to drag out talks on the TikTok takeover, but President Xi agreed to meet President Trump in South Korea on October 31.
The move is seen as bad news for rival firms in the long term, but analysts say it could take pressure off TSMC and ease US scrutiny on foreign chipmakers
Thailand needs to monitor gold exports to Cambodia, to find out if they are connected to money laundering, the country's central bank chief has said
China and the US 'have larger agendas to work out,' Nvidia chief says after China's cyberspace regulator bans local firms from buying its AI chips
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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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