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Latest: Fintech News

Philippines’ Marcos Wants US to Restore Trade Preferences
Philippines’ Marcos Wants US to Restore Trade Preferences

Marcos may discuss tensions over Taiwan with his counterpart Joe Biden at the White House on his visit, which starts on Monday, but the focus of talks will be trade and investment

Huawei Helps China Improve Mine Safety as Coal Output Grows
Huawei Helps China Improve Mine Safety as Coal Output Grows

At a mine in northern Shaanxi province, new technology developed by Huawei is helping to improve China's dismal mine safety record and boost efficiency

China Fuelling War by Selling Russia Parts for Weapons – EP
China Fuelling War by Selling Russia Parts for Weapons – EP

Recent data shows that China is supplying computer chips, micro-circuits and similar items estimated at around $500 million a month, as well as huge purchases of Russian oil and gas

China Stock Markets Have Lost $550bn in Last Week – FT
Access to China ‘Essential’ as it Develops Chips: ASML CEO
China’s Anti-Espionage Law Adds to Foreign Business Concerns
Twitter Change Spurs Surge of Russian, Chinese Propaganda – AP
China Plans Satellite Network for Deep Space Exploration
China Seeking Ways to Take Out or Control Enemy Satellites
US Sanctions Trio in China Tied to North Korean Hackers, ICBMs

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