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Latest: Fintech News

Host India Doesn’t Want G20 to Discuss Fresh Russia Sanctions
Host India Doesn’t Want G20 to Discuss Fresh Russia Sanctions

India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20 officials said

China Clamps Down on Big Tech Offering ChatGPT – Nikkei
China Clamps Down on Big Tech Offering ChatGPT – Nikkei

Chinese state media outlet claims the chatbot is spreading US government 'misinformation'

China Asks State Firms to Drop Big Four Auditors Over Data Fears
China Asks State Firms to Drop Big Four Auditors Over Data Fears

Chinese authorities have urged state-owned firms to stop using the four biggest global accounting firms over concerns about data security

Digital Asset Sector Closely Watching US Stablecoin Crackdown
India and Singapore Launch First Overseas Payments Link
Guangzhou Splashes $29 Billion on Chip and Tech Race – SCMP
China Bank Reassures Staff Over Star CEO’s Disappearance
US Lawmakers in Taiwan For Tech, Trade Talks – Taiwan News
Taiwan’s Export Orders Fall For Fifth Month in a Row
Chinese Vessels Linked to Taiwan’s Severed Undersea Cables – TN

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