Latest: Fintech News
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
If the the draft rules are imposed, they would be the first-of-their-kind regulations around AI chatbots from any country in the world
Washington’s decision to postpone the current lot of tariffs follows extensive negotiations with Beijing and a meeting between Trump and his Chinese counterpart Xi Jinping
Prosecutors in Seoul allege that five former Samsung employees leaked 10nm memory chip tech to China's CXMT, causing chip producers billions of dollars in financial damage
Court denies key shareholders' move to block zinc refiner's plan to issue shares to help fund $7.4-billion smelter in the US, but they still support the US plan
Japan will conduct a deepsea mining test next month off its most easterly island, where the seabed is believed to be rich in manganese and rare earth elements
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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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