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Commerce Secretary Gina Raimondo said the US "firmly opposes" the ban and that it is working closely with allies to address such "coercion"
Leaders of the G7 last week agreed to create an intergovernmental forum called the "Hiroshima AI process" to debate issues around fast-growing AI tools
South Korea is in the crosshairs of a tit-for-tat row between China and the United States over semiconductors
Stocks of China's semiconductor companies have seen large gains since March with NAURA Technology Group up 14%, Piotech up 45% and ACM Research Shanghai up 19%
News site reports details of alleged complaints about Autopilot software problems in Tesla electric vehicles over seven years to 2022
Gina Raimondo and her counterpart Wang Wentao discussed a series of trade and security issues that have rocked bilateral dealings and amplified geopolitical tensions
The two allies are looking to cooperate closely in research and development of advanced chips, artificial intelligence and quantum technology, sources say
“We can theoretically build chips outside of Taiwan, it’s possible [but] the China market cannot be replaced. That’s impossible,” Huang told FT
Blackstone is looking at data centres in five Indian cities with total capacity of 600 megawatts, Lumina's CEO says
Combined profits for listed Chinese brokerages dropped 34% in 2022 and the lacklustre recovery this year has already spurred some companies to cut jobs
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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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