Latest: Fintech News
AI pioneer Sam Altman says the money being thrown at some players in the industry is 'insane' and 'not rational'
Asian tech giants say they will make data centre equipment in a factory in Lordstown, as part of the huge Stargate AI project
Chinese manufacturers' profits face subdued demand and factory-gate deflation at home, while new yuan loans contracted in July for the first time in 20 years
Giant US hedge fund sold its entire holdings in about 16 Chinese stocks and two China-focused funds between April and June. Move puts a spotlight on concern about China stocks listed in the US
Foreign ministry hoses down concern over rocky bilateral ties, says purchases of US arms are still on course, despite differences on Russian oil and other issues
The world's largest contract electronics maker reports a 27% rise in second-quarter profit, sees significant growth in third quarter as well
Location trackers are a decades-old investigative tool used by US law enforcement agencies to track products subject to export restrictions
Rare earth mines in Myanmar's southern Shan state are poisoning rivers in northern Thailand with toxic chemicals, creating a health crisis for citizens and a Shinawatra government that may be on its last legs
Beijing regulators are asking firms like Alibaba, ByteDance and Tencent to justify their large orders for Nvidia chips, and even putting pressure on them to halt their purchases altogether
Swadeshi Jagran Manch, a group linked to Modi's Bharatiya Janata Party, held rallies across India on Sunday urging people to boycott American brands.
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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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