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Latest: Fintech News

Japanese Chipmaker Renesas Stops Work at Factory in Beijing
Japanese Chipmaker Renesas Stops Work at Factory in Beijing

The leader manufacturer of chips for automobiles has shut its plant in Beijing after workers caught Covid last week

Taiwan Exports to Shrink, Signal Worsening Global Tech Demand
Taiwan Exports to Shrink, Signal Worsening Global Tech Demand

Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports

Hong Kong Threatens to Boycott Google Over Anthem Row – SCMP
Hong Kong Threatens to Boycott Google Over Anthem Row – SCMP

“I think as an internationally leading search engine, isn’t your first responsibility providing correct information?” Hong Kong's Deputy Chief Secretary for Administration Warner Cheuk Wing-hing said

Taiwan to Fine Foxconn After Unauthorised Chinese Investment
More Countries Bet on India’s Rupee Settlement Mechanism
US Blacklists China Firms in AI Chip Sector, Russia Suppliers
US Gets Full Access to Audit Chinese Firms Listed in the US
Hong Kong Crypto Futures ETFs Raise $74m Ahead of Debut
US Set to Put China Chipmaker YMTC on Blacklist
US Fears China Flooding Global Market With Older Chips

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