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Latest: Fintech News

US Set to Rejoin UNESCO in Move to Bolster Tech Influence
US Set to Rejoin UNESCO in Move to Bolster Tech Influence

The US decision to return was partly spurred by concern over China's increased influence, in particular setting standards for artificial intelligence and technology education

China Warns US to Stop Interfering in Call Ahead of Blinken Trip
China Warns US to Stop Interfering in Call Ahead of Blinken Trip

Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday

Intel Looking to Become Anchor Investor in SoftBank’s Arm IPO
Intel Looking to Become Anchor Investor in SoftBank’s Arm IPO

Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering

US ‘to Extend’ China Chip Curb Waivers for South Korea, Taiwan
India Denies Dorsey Claim of Threat to Shut Down Twitter
US, Japan and Taiwan Agree to Share Drone Intel – FT
Firms Backing China’s PLA Pilots, Missiles Hit in US Crackdown
China Says the US is Creating an Illusion It’s Keen to Engage
India Outsourcing Giants Cut Hiring in Blow For IT, Economy
Ex-Samsung Exec Faces Data Theft Charges in China Factory Plot

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