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China's household spending is less than 40% of GDP, 20 points below the global average; to revive consumption to its pre-pandemic level would require $400 billion to $1 trillion in spending
Campaigners are pushing for an antitrust investigation into the tech giant, which claims roughly 80% of the AI chip market, over fears about its power
Southeast Asia attracted more foreign investment than China in 2023 for the first time in a decade as investors sought to create 'China+1' supply chains and benefits under the RCEP trade deal
Over 10 million Thais apply to join contentious 'digital wallet' scheme, causing the public registration system to overload on Thursday
Allocations to Japan rose to four-year highs by the end of July, Goldman Sachs said, while the retreat from China shows deep concerns about its economy
A private-sector survey of 650 private and state manufacturers on Thursday found operating conditions in the sector sank for the first time in nine months as new orders fell
US Trade Representative's office said it still reviewing feedback on series of levies designed to protect American jobs from cheap Chinese imports
The Korean giant remains bullish on AI demand, despite recent nervousness that its bubble might burst, after its chip division reported a $4.7 billion profit
Large mob of sellers rally outside Temu's headquarters in Guangzhou over the online retailer's penalty policy, which sellers have described as outrageously tough
Sentiment remains gloomy among manufacturers as domestic demand is increasingly under siege and external pressures from trade tensions loom large
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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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