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Latest: Fintech News

China Investment Curbs May Not be Part of Key US Defence Bill
China Investment Curbs May Not be Part of Key US Defence Bill

A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival

US Treasury Seen Limiting Chinese Role in EV Market – WSJ
US Treasury Seen Limiting Chinese Role in EV Market – WSJ

The US Treasury is expected to block an EV tax subsidy for buyers of cars containing batteries, components or minerals made by state-owned Chinese companies

Japan Space Agency Says Rocket Data Safe After Cyberattack
Japan Space Agency Says Rocket Data Safe After Cyberattack

The space agency was tipped off by an unnamed organisation about the attempted breach and a probe was underway

China ETFs Rake in Highest Ever Annual Inflows
COP28: Cities Give A Glimpse of Changes Sweeping the World
Alibaba Shuts Down Quantum Computing Lab Amid Restructuring
Chinese-Owned Nexperia Set to Take Over Dutch Chip Startup
‘De-Risking’ by Western Businesses Eroding China’s Outlook
Foxconn to Ramp Up India Operations With $1.5bn Pledge
Storytelling App ReelShort’s Dramatic US Rise – Economist

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