Latest: Fintech News
Intel is paying $53 per share for Tower - which specialises in analogue chips - well above Monday's closing price of $33.13
The round is led by SoftBank Vision Fund 2, with VNG, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures, Sequoia Capital India and BRI Ventures
The state-backed China Mobile Communications Association launched the panel in October, and analysts say the country's metaverse will be subject to more control than elsewhere
The first, named Polaris Dawn, will take place no sooner than the fourth quarter of this year and will be commanded by Isaacman, founder of Shift4
A narrow bank approach for digital currencies can lead to disintermediation of traditional banking, but may provide the most stable peg to fiat currencies
Media buyers rushed to book slots for the Los Angeles Rams’ victory over the Cincinnati Bengals, in contrast to a subdued event last year
FDI into the service industry amounted to 82.3 billion yuan last month, up 12.2% year on year, while inflows to high-tech industries surged 26.1%
Joint project with Sony will now cost $8.6bn and planned monthly production will increase from 45,000 to 55,000 12-inch wafers
Cryptocurrencies have been developed to bypass the regulated financial system, which should be reason enough to treat them with caution, the deputy RBI governor said
The Taiwan iPhone maker is joining forces with Indian oil-to-metals group Vedanta to produce semiconductors in a $118 million deal
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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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