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The prosecutor said HSBC disbursed $111.7 million in March 2020 to Hin Leong as payment for two 'fabricated' oil sales contracts the trading firm purported to have made
The investment mogul described the Taiwanese chipmaker as a well-managed company, but said his investment group had better places to deploy capital
Analysts say China's latest military drills, held from Saturday to Monday, show Beijing is serious about being able to cut off the democratically ruled island in a conflict
The South Korean anti-monopoly regulator has fined Google close to $32 million for blocking the release of mobile video games on a competitor's platform
The Kospi in Korea, the ASX 200 in Australia and the Nikkei in Japan all rose more than 1%; Hong Kong was also up, while Shanghai edged down slightly after more negative data on Tuesday
Companies that fall foul of the new rules, likely to come into effect sometime this year, could have their services suspended, face fines or even face a criminal investigation
The lawsuit, lodged at a California court, came after a report that Tesla employees shared videos and images recorded by customers' car cameras between 2019 and 2022
"Until our company's official announcement, any Ernie app you see from App Store or other stores are fake," the Chinese search engine giant said in a statement
Firms debuted at cheap prices, and jumped under new listing scheme; Shenzhen CECport Technologies, an electronic components distributor, opened 161% higher and surged 239%
Industry sources say TSMC and other chipmakers fear the US Chips Act subsidy process could expose confidential corporate strategy
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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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