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Latest: Fintech News

TikTok ‘Concerned’ at Indonesia Social Media E-Commerce Ban
TikTok ‘Concerned’ at Indonesia Social Media E-Commerce Ban

Jakarta said the ban, which is effective immediately, is intended to protect its offline merchants and marketplaces

US to ‘Indefinitely Extend’ China Chip Waivers For South Korea
US to ‘Indefinitely Extend’ China Chip Waivers For South Korea

The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China

Apple Missing From China’s List Of App Stores Meeting New Rule
Apple Missing From China’s List Of App Stores Meeting New Rule

New regulations are causing consternation that publishing apps in the world's second largest economy is set to become very difficult

Singapore to Probe Banks’ Role in $1.8bn Laundering Scandal
Alibaba Break-Up Gets Underway With Cainiao Listing Move
South Korea, Japan and China May Hold Summit Near Year-End
Huawei Keeps Mum on China-Made Chips Behind Mate 60 Phones
China Bans Top Nomura Investment Banker From Exiting Mainland
Taliban Sounds Out China’s Huawei on Mass Surveillance Plan
Chinese Tourists Get Big Thai Welcome as Visa-Free Visits Begin

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