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Latest: Fintech News

Vietnam Scrambles to Chop Trade Levies As US Tariffs Loom
Vietnam Scrambles to Chop Trade Levies As US Tariffs Loom

Hanoi will reduce tariffs on LNG and cars from the US, and will allow satellite internet services by Elon Musk’s Starlink, it said today. It has also signed big energy deals with US firms

Many Chinese Firms Among 80 Added to US Export Blacklist
Many Chinese Firms Among 80 Added to US Export Blacklist

Dozens of firms helping to develop technology, such as AI and supercomputers for the Chinese military, plus others helping Iran to make drones were added to a US blacklist on Tuesday

India Eyes $23bn in Tariff Cuts on US Imports to ‘Save Exports’
India Eyes $23bn in Tariff Cuts on US Imports to ‘Save Exports’

Major concessions stem from estimates by officials in Delhi that Trump's reciprocal tariffs would hit 87% of its total exports to the US

DeepSeek Cut US-China AI Gap to Three Months, AI Expert Says
Share Sale by China’s Xiaomi Raises $5.5bn, Boosts Its EV Plans
US Port Fee Proposal Intensifies US-China Trade Fears
US Investors in ByteDance ‘Most Likely to Win Control of TikTok’
Chinese PM Calls for Open Markets to ‘Fight Instability, Uncertainty’
Musk Visits Pentagon, But Trump Denies ‘China War Plan Briefing’
India Ends Manufacturing Scheme, Focuses on Slashing Tariffs

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