Latest: Fintech News
Trade restrictions slapped on Russia potentially cover any product made with US technology, and the suddenness of rules caught many Asian tech firms off-guard
Several Chinese companies in India were found to be involved in tax evasion, according to an investigation launched by security and official agencies, the report said
The two large US payments firms said they were suspending operations in Russia, joining the list of companies severing business links with the country
Reliance Industries, India's biggest conglomerate run by Mukesh Ambani, the country's richest man, presses ahead with a shock de facto takeover
A former ZTE research director and a professor at Georgia Tech are charged with conspiring to illegally bring Chinese nationals to the US
Both involved insulting conversations, allegations of a toxic work culture, a battle with the board, and the eventual resignation of the founder
The People's Bank of China said during an annual work conference that it would maintain its crackdown on virtual currency transactions
“This is part of a planned executive succession as the company moves to its next phase of commercialising Level 4 autonomous trucking,” TuSimple said
Sideloading, the practice of downloading apps without using an app store, is among the reforms lawmakers hope will open up the market
The exemption means Korean companies won't have to secure licences from Washington for exports using US technology before they can be shipped to Russia
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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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