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Latest: Fintech News

China, Vietnam Sign Rail and Data Deals, While Upgrading Ties
China, Vietnam Sign Rail and Data Deals, While Upgrading Ties

Bilateral pacts cover possible investments in rail links, security, plus telecoms and digital data, but analysts said any boost in ties could be more symbolic than real

World Backs COP28 Deal to Reduce Use of Fossil Fuels
World Backs COP28 Deal to Reduce Use of Fossil Fuels

The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal

China’s Xi Starts State Visit to Vietnam Aimed at Closer Ties
China’s Xi Starts State Visit to Vietnam Aimed at Closer Ties

Chinese leader, who began a 2-day visit to Hanoi on Tuesday, wants Vietnam to embrace a 'common future', but anti-Chinese sentiment is still widespread in the Southeast Asian nation

US Starts Funding Awards to Ramp up Chip Production at Home
Xi’s Vietnam Visit Set to See Rail, Tech Cooperation Deals
Huawei To Build First Euro Factory Despite EU Scrutiny
China Firms Rush to Poach Nvidia Clients With AI Chip Offerings
TikTok Back in Indonesian E-Commerce Via GoTo-Tokopedia Deal
US Puts More Chinese Officials, Firms on Xinjiang Sanctions List
OpenAI Investigating ‘Lazy’ ChatGPT Claims – Independent

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