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Latest: Fintech News

S Korea Experts to Probe Room-Temperature Superconductor Claim
S Korea Experts to Probe Room-Temperature Superconductor Claim

The groundbreaking revelation by the Quantum Energy Research Centre has caused controversy, sparking a stocks surge despite the work being unverified

China Proposes Eight-Minute Limit on Smartphone Use by Kids
China Proposes Eight-Minute Limit on Smartphone Use by Kids

The proposed rules spurred a fall in shares in Hong Kong-listed Chinese tech firms, with Bilibili and Kuaishou plunging nearly 7% and 3.5% respectively

India Requires Licences for Imports of Laptops and PCs
India Requires Licences for Imports of Laptops and PCs

The move on Thursday could hit companies such as Apple, Dell and Samsung hard. Indeed, it appears aimed at forcing them to manufacture their products locally.

Mongolia and US to Sign ‘Open Skies’ Civil Aviation Deal
Western Firms Struggling to Break China’s Grip on Rare Earths
VW Talking to Leapmotor on Tech Tie-up; BYD India Tax Probe
Australia Lawmakers Call for Government WeChat Ban – AP
Binance Did $90bn in China Trades in Month Despite Ban – WSJ
China’s Overseas Metals, Mining Deals Set For Record Year – FT
Foxconn EV Unit Keen to Make Small Cars in India, Thailand

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