Latest: Fintech News
Hyundai expects humanoid robots to become the largest segment of physical AI market and plans to build a factory capable of manufacturing 30,000 robot units annually by 2028
Korean tech giant set to announce a 160% profit increase for the 4th quarter this week as chip prices soar. It plans to launch 800m devices with AI features this year.
Head of world's top company explains next generation of chips, due later this year; says they will have five times the computing power and help chatbots to give snappier responses
The MSCI index of emerging Asia equities rose about 2% to its highest since February 2021, while a gauge of ASEAN stocks hit its highest level since January 2020
Chinese President Xi Jinping says 'trend toward reunification is unstoppable' in New Year address; Taiwanese coast guard monitoring remaining warships.
US grants annual licences to TSMC and two Korean chipmakers to import chipmaking tools to their plants in China; Nvidia asks TSMC to ramp H200 chip output
A rush of Chinese AI startups are going public because of Beijing's supportive domestic policy; more will follow in coming days
Korean shares fared the best in Asia, posting their biggest yearly gains in more than two decades thanks to the country's dominant role supplying chips for AI and data centres
The Facebook parent said that the startup, Manus, will cut ties with China after it has been acquired
The new policy is already generating greater technology breakthroughs and higher revenues for Chinese chip equipment suppliers
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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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