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In terms of international payments, excluding payments within the eurozone, the yuan ranked fifth with 2.29% in January 2022
Nowhere is the pressure more acute than in Taiwan, the world centre of advanced chipmaking, where the appetite for engineering talent is growing
A Ministry of Commerce spokesman said China hoped India would treat all foreign investors in a transparent, fair and non-discriminatory manner
The head of the Bank of Russia's department for countering market misconduct reiterated that cryptocurrencies carry risks for consumers
The bank expects revenue to grow an extra 3% per year as it benefits from rising interest rates as policymakers look to turn off years of cheap funding
Working with Nvidia, JLR plans to develop vehicles that can drive themselves, park autonomously and provide more information and software-powered features to drivers
Munger said he wished cryptocurrency had been banned from the start. "I'm proud of the fact that I avoided it," he said
Industry body Nasscom said revenue is estimated to rise by 15.5% to $227 billion in 2021-22, based on the performance of the first nine months
The Financial Conduct Authority sought to ban Binance entirely in June of 2021, but now says it lacks to authority to enforce the ban.
Risks from the $2.6 trillion crypto market could grow quickly, so regulators need measures to bring the sector to heel, the G20's Financial Stability Board (FSB) has warned
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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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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