Latest: Fintech News
Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state banks in Beijing recently to renegotiate billions in debts
The US has reportedly been pressing Seoul, since the second-half of 2023, to implement export curbs targeting chip supplies to China
US senators will consider alternative strategies for control of social media platforms and data, rather than rush to pass a bill that would force the sale of TikTok in the US. With Beijing opposed to the bill, a legal challenge also looks likely
European officials are investigating social media platforms' compliance on illegal content amid concern on deepfake news and AI risks, and harmful products
A major airline in China has warned passengers not to throw coins into plane engines after an incident on Hainan Island last week
At least five Chinese carmakers are building factories or already producing electric vehicles in other countries around the world, despite friction with local automakers and the threat of tariffs and other reactions
Trump’s 2019 order came after years of warnings from US intelligence, and media, on how China was using bribery and threats to obtain support from developing countries in geopolitical disputes
Chinese officials accuse the US of 'gangster thinking' after bill receives bipartisan support when put to a vote in the US House on Wednesday. But it is not yet known how the Senate will proceed
Raimondo, on a tour to push investment in states in the Indo-Pacific Economic Framework, says the US is looking to diversify sources of chip production
The space startup still claimed the failed launch was "a big step forward" because the rocket had autonomously aborted the flight, as programmed
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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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