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Latest: Fintech News

TSMC Seeks up to $15 Billion in US CHIPS Act Subsidies
TSMC Seeks up to $15 Billion in US CHIPS Act Subsidies

But TSMC is said to be concerned about rules that could require it to share profits from the factories and provide detailed information about operations to access those subsidies

Swag of Brazil-China Trade Deals Signed During Lula Visit
Swag of Brazil-China Trade Deals Signed During Lula Visit

Some 15 agreements were signed during Lula's visit to Beijing, including deals to cooperate on semiconductors, a satellite to monitor the Amazon and cyber security

Tech Giants Warn India Fact-Checking Rule ‘Open to Misuse’ – TC
Tech Giants Warn India Fact-Checking Rule ‘Open to Misuse’ – TC

The Asia Internet Coalition, which represents Facebook, Twitter and Google, says changes to India’s IT rules could lead to censorship

China May Soften Charges, Reduce Fine on Embattled Ant Group
‘Fanboys’ Queue Up as Apple Opens First India Store in Mumbai
Google Shares Drop on News Samsung May Adopt Bing – Gizmodo
China’s Guangdong Plans $4.4bn Fund to Boost Chip Sector
Apple Chief Cook, India PM Modi to Meet Amid Expansion Push
Musk’s Starlink Drawing More Shipping Groups – Seatrade
Gazprombank, India Banks Step Up Ties to Lift Rupee-Ruble Trade

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