Latest: Fintech News
China’s largest contract chipmaker said revenue jumped as both domestic and global customers rebuilt inventories
The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say
The United States buys 92% of its high-end edge chips from TSMC, which is a major supplier to Apple and Nvidia
But the head of Singapore’s central bank warned artificial intelligence could help create a new army of cyber criminals
A teardown of the Pura 70 smartphone suggests Huawei may have only made incremental improvements in its ability to produce an advanced chip with Chinese partners
US officials are looking to restrict the export of closed source AI models to China, Russia and other rivals, sources say, but there is uncertainty on the regulatory set-up it seeks to impose
China tech giants file a suit in a Federal Court in Washington DC, saying the divestment law violates the US Constitution on a number of grounds, such as free speech
US revokes licences that gave chipmakers such as Intel and Qualcomm permission to sell chips to Huawei after China tech giant released an AI-enabled laptop last month
The app, Lemon8, is known for its ‘blog-style’ posts and is seen as a platform for photos, rather than videos
The server chip will likely focus on running AI models, also known as inference, rather than in training AI models, where Nvidia is dominant
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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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