Latest: Fintech News
Tech giant's revenue target cut by billions amid signs that Chinese consumers are buying more 'foldables' and smartphones from Huawei, powered by a locally-made chip
The Reserve Bank of India's order could be the first step in cancelling the bank's licence and follows years of non-compliance with central bank rules
Provincial-level governments in China are mounted with $13 trillion of debt but also account for about two-thirds of the country's science and technology expenditure
Trump has vowed to take on China again if he wins a second term, promising to be tougher on Beijing than Biden
The new H20 chip, made for China's AI market, has less power than 2 chips banned late last year, but is still seen as having a key advantage over Huawei's Ascend 910B
Chipmaker YMTC, AI company Megvii, plus lidar maker Hesai Technology and NetPosa were among more than a dozen firms named by the US Defence Department this week
The piece of tech powers advanced driver assistance systems and is key to Huawei's push to become a leading supplier of auto software
The US commerce secretary raised concerns about the data collected by Chinese EVs in a chat alongside EU Commissioner Margrethe Vestager
The latest official data suggests China's sprawling manufacturing sector and the broader economy are struggling to regain momentum.
China led the funding of chip startups in 2023 by a wide margin over the US, with local startups receiving 75% of all venture-capital funds in firms doing chip design, making chips or chip equipment
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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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