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Latest: Fintech News

China Says Still Committed to Building Healthy, Stable US Ties
China Says Still Committed to Building Healthy, Stable US Ties

China's foreign minister Qin Gang said the country will continue to provide a better business environment for global companies, including US firms

Tim Cook Lauds China ‘Innovation’ at Key Business Summit
Tim Cook Lauds China ‘Innovation’ at Key Business Summit

The Apple CEO is in Beijing to attend the China Development Forum, a government-organised event being held in full force again as the country emerges from its zero-Covid regime

iPhone Maker Pegatron in Second India Factory Negotiations
iPhone Maker Pegatron in Second India Factory Negotiations

Pegatron, currently responsible for 10% of Apple's iPhone annual production in India, intends to build a second facility near Chennai in Tamil Nadu state

Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing
Huawei Beats US Sanctions With Chip Tool Breakthrough
Nvidia Will Rent AI Computing Power to China – Yicai Global
China Warns Dutch of ‘Consequences’ to Chip Tech Ban – SCMP
South Korea Says New US Rules Won’t Shut Its China Chip Plants
India Approves $968 Million Investment From Foxconn Unit
TikTok CEO to Tell US Lawmakers: ‘We’ve Never Shared Data’

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