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Latest: Fintech News

Japan, US Say China ‘Greatest’ Challenge, to Mull Chip Curbs
Japan, US Say China ‘Greatest’ Challenge, to Mull Chip Curbs

Japanese Prime Minister Fumio Kishida is set to meet US President Joe Biden on Friday, with a focus on chip export controls, critical technologies, global economy and joint security issues

China Asks Banks to Release More Yuan Loans Abroad
China Asks Banks to Release More Yuan Loans Abroad

Regulators have asked banks to provide more convenient settlement services, to extend overseas yuan lending and 'encourage innovation in cross-border yuan settlement'

Sales of Advanced Chips Lift TSMC Quarterly Profit 78%
Sales of Advanced Chips Lift TSMC Quarterly Profit 78%

Taiwanese chipmaker enjoyed a record net profit of $9.72 billion for the October-December quarter

Hong Kong Drawing Up Crypto Token Trading Shortlist
Google Warns India Antitrust Order Will Scupper Android Growth
Tesla Bags 30,000 Orders After China Price Cuts – Tesmanian
Apple Supplier BOE Seen Building Factories in Vietnam
Musk’s Starlink Spurs Taiwan Satellite Internet Plan – Fortune
Founder Jack Ma Gives up Control in Ant Revamp
TikTok Pauses Hiring for Security Deal With US Amid Rising Doubts

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