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Latest: Fintech News

Taiwan Leader Unfazed by China Threat to Retaliate for US Trip
Taiwan Leader Unfazed by China Threat to Retaliate for US Trip

"External pressure will not hinder our determination to go to the world," Tsai said on Wednesday before flying to the US, where she could meet Speaker Kevin McCarthy

FTX’s Bankman-Fried Accused of $40m Bribe to China Officials
FTX’s Bankman-Fried Accused of $40m Bribe to China Officials

US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than $1 billion of cryptocurrency

China Tech Giants, Hong Kong Surge on Alibaba Breakup Plan
China Tech Giants, Hong Kong Surge on Alibaba Breakup Plan

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is ending and talk of IPOs from Alibaba hiving off business units

Alibaba Shares Jump After News it Will Split Into Six Units
Alibaba to Rejig Operations Into Six Units to Lift its Mojo – SCMP
Japan Urged to Draw Up TikTok, Social Media Banning Bill
Why Nvidia Preferred ChatGPT to ‘Useless’ Crypto – Guardian
Baidu Scraps Public Launch of ChatGPT-Rival Ernie Bot
Jack Ma Returns to China in Sign of Easing Tech Crackdown
China Says US Has Failed to Prove TikTok is a Security Threat

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