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Latest: Fintech News

US Edges Closer to Nationwide Ban of China’s TikTok – Gizmodo
US Edges Closer to Nationwide Ban of China’s TikTok – Gizmodo

US politicians ramp up pressure on the White House to ban the Chinese social media app entirely

China’s JD.com to End Services in Thailand, Indonesia
China’s JD.com to End Services in Thailand, Indonesia

Chinese e-commerce giant JD.com will discontinue all services in Thailand and Indonesia in March. The Thai platform is reported to have suffered rising losses

China’s 2022 Smartphone Sales Plunge to Lowest in a Decade
China’s 2022 Smartphone Sales Plunge to Lowest in a Decade

Android handset maker Vivo was the top-selling brand in the country, but its total shipments fell 25.1% year-on-year

Steps Made Towards Deal on Fresh China Chip Curbs: ASML
Dutch PM ‘May Not Disclose’ Result Of China Chip Curbs Talks
Japan, Netherlands to Join US in Enforcing China Chip Curbs
Dutch Officials Head to US For Possible China Chip Curbs Deal
Google Changes Android System in India After Antitrust Ruling
ASML’s China Exports ‘Unchanged’ Amid Rising Chip Curbs Worry
80,000 Laid-Off Indian IT Workers Scramble to Stay in US – Mint

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