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Latest: Fintech News

World’s Biggest Gallium Buyer Doubts Long China Export Ban
World’s Biggest Gallium Buyer Doubts Long China Export Ban

Freiberger Compound Materials CEO Michael Harz doesn't believe China will disrupt gallium trade flows for long, as such a move would quickly damage its own electronics industry

Central Banks Want Digital Currencies, Not Private Tokens: BIS
Central Banks Want Digital Currencies, Not Private Tokens: BIS

Central banks around the world have been working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector, the BIS said this week

Reserve Bank of India Ramps up Testing of its Digital Rupee
Reserve Bank of India Ramps up Testing of its Digital Rupee

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day

Thai Baht Rises as Dollar Falls And Vote for New PM Nears
Foxconn Says ‘Committed To India’ After Quitting Vedanta JV
China’s Gallium Curbs a Headache for EV Carmakers
Taiwan’s Foxconn Pulls Out of $19bn Vedanta India Chip JV
Alibaba, Tencent Shares Rise as China Tech Crackdown Nears End
China Seeks US Action on Sanctioned Firms After Yellen Talks
Chinese EV Boom Erodes Japan’s Grip on Thai Auto Market

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