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After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment order
Washington has been lobbying the Dutch to prevent ASML from servicing some of the billions of euros worth of tools it has already sold to Chinese customers
Zap Energy claims its approach would be capable of delivering limitless clean power at a fraction of the cost and complexity of competitors
Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.
The Chinese tech firm has also launched seven EV models in partnership with domestic automakers as it bids to become a major player in the sector
Experts say that if a sale of TikTok does go through, it would be one of the most complicated and expensive transactions in history, requiring months if not years of due diligence
The popular video-sharing app’s owner will be told to sell its stake in nine months or see it banned from the United States
Prosecutors say Zhao, who faces sentencing in a Seattle court next week, should serve 36 months in jail for serious money laundering offences. Meanwhile, a Binance exec is languishing in a jail in Nigeria amid a legal row over 'unpaid taxes' and other 'crimes'.
Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new series of high-end phones
Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production
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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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