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Latest: Fintech News

Infosys Plunges and Indian IT Peers Hit by Weak Outlook
Infosys Plunges and Indian IT Peers Hit by Weak Outlook

Shares of India's second-largest IT services firm sink nearly 15% after it forecast revenue growth of 4-7% for the fiscal year ending March 2024, well below expectations

Russia Says China Agreed to Sell Weapons: US Leak – WaPo
Russia Says China Agreed to Sell Weapons: US Leak – WaPo

China agreed to provide “lethal aid” to Russia for its war in Ukraine, according to a document on the Discord app, that may have come from US spying on Russian intelligence

Apple in Negotiations to Manufacture MacBooks in Thailand
Apple in Negotiations to Manufacture MacBooks in Thailand

The technology giant already mass produces its Apple Watch in the Southeast Asian country

Didi Global Unveils Concept Robotaxi That Picks Up Luggage
Hong Kong Banks on Lavish Parties to Woo China Crypto Firms
Bankrupt FTX Recovers $7.3bn Assets, May Restart in 2024
Beijing Asks Intel to Set up China Base Amid US Sanctions
Alibaba Shares Sink After Report SoftBank Will Slash its Stake
China, HK Firms Sending a Flood of US Chips to Russia – Nikkei
Musk Says Unaware Why Twitter Censored Posts Critical of Modi

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