Latest: Fintech News
Speaking on the sidelines of a G20 meeting in India, Kristalina Georgieva warned of the stability risks of privately issued cryptocurrencies
Several Chinese tech giants including Baidu, Tencent Alibaba and JD.com are rushing to integrate AI chatbot technology into their products
The decision by the world’s largest contract chipmaker could help Japan revive its advanced semiconductor manufacturing
The European Commission has ordered its 32,000 staff and employees to remove the TikTok app from their phones and corporate devices to "protect data and increase cybersecurity"
US government is in "deep dialogue" with chipmakers Samsung and SK Hynix, while seeking to impede China's ability "to threaten us collectively", top Senior Commerce official says
Some TSMC staff said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers
The US is reportedly considering releasing intelligence on China's potential weapons transfer to aid Russia in its war with Ukraine, but some analysts doubt it would take such a risk
Users would become more dependent on the Baidu search engine once it is embedded with the AI-powered chatbot, company CEO Robin Li told reporters
India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20 officials said
Chinese state media outlet claims the chatbot is spreading US government 'misinformation'
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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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