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The company said it would compete with large banks and non-bank lenders by offering unsecured trade finance with lines of up to $5 million
With the cryptocurrency market surpassing $3 trillion in November, venture capital investors are increasingly looking to put down stakes
Company to focus on NAND and SSD technology. 150 Chinese engineers at the site may be asked to relocate to the United States or India.
Profits in the chip business, Samsung's largest division, more than doubled from the same quarter a year ago to 8.84 trillion won
The upbeat outlook came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations
Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more
The group is also preparing for a major personnel reshuffle at affiliate Unisoc, China's second-biggest mobile chip developer
CEO said cryptocurrency platform was not embarking on a “bloodshed war” but planned to target countries without strong incumbents
Upbit plans to release a range of NFTs featuring members of BTS in a joint venture with the boy band’s management company, Hybe.
Zhou Jiangyong "supported disorderly expansion of capital" and "illegally accepted huge amounts of property," according to anti-graft watchdog
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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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