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Latest: Fintech News

Competition in Chip Industry an ‘All-Out War’, South Korea Says
Competition in Chip Industry an ‘All-Out War’, South Korea Says

South Korean president Yoon Suk Yeol vowed to support the South Korean chip sector in the face of heightened tensions between China and the United States

Crypto Exchanges in Firing Line After SEC Hits Binance, Coinbase
Crypto Exchanges in Firing Line After SEC Hits Binance, Coinbase

While big crypto companies can afford to fight the SEC, arguing that tokens are commodities, small firms have filed for bankruptcy after SEC actions, such as Beaxy exchange

Indonesia’s China-Backed Rail Link Hit by New Hiccups
Indonesia’s China-Backed Rail Link Hit by New Hiccups

The path to Indonesia's new high-speed rail service, built and funded with Chinese aid, has been drawn-out and bumpy, and now there are tussles over when it should open and loan fees

CCP Could See Hong Kong Protesters’ TikTok Data – Guardian
Citigroup Vows to Expand China Business Amid De-Risking Trend
Big May Inflows to Taiwan, Korean Stocks on AI Chip Demand
Venture Capital Giant Sequoia to Hive Off China, India/SEA Units
China’s Exports Sink by 7.5% in May Amid Global Slowdown
US Regulator Sues Coinbase, Day After Filing Against Binance
SEC Case Against Binance And Zhao Spurs $800m in Outflows

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