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Latest: Fintech News

Panasonic Energy Pulls Plug on Oklahoma Battery Plant Plan
Panasonic Energy Pulls Plug on Oklahoma Battery Plant Plan

The Tesla battery supplier said they decided “not to move forward with developing the site” which would have been its third US factory

US May Hike Tariffs on Chinese EVs, Other Goods – WSJ
US May Hike Tariffs on Chinese EVs, Other Goods – WSJ

US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border

Japan to Power Up World Chip Sector Dominance Bid
Japan to Power Up World Chip Sector Dominance Bid

Incoming industry minister Ken Saito promised to continue Tokyo’s efforts to regain Japan's faded chip glory

Hackers Leak 1.3 Million Sony Insomniac Games Files – Axios
Alibaba CEO Eddie Wu to Oversee Domestic E-Commerce Units
Another 13 Chinese Companies Added to US ‘Unverified List’
Toshiba Delists as New Owners Told to Eye ‘Deep Tech’ Future
Will China Take on More Debt Chasing 5% Growth in 2024?
Tencent Leans on Old Foe ByteDance in Gaming Dominance Bid
Jailed Imran Khan Seeks Votes With AI Speech, Internet Rally

Fintech: The Big Picture

ASML in the Centre of the Chip War

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