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Latest: Fintech News

Chinese EV Firms Find a Way Around EU Tariffs – Selling Hybrids
Chinese EV Firms Find a Way Around EU Tariffs – Selling Hybrids

Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.

Trump’s Crypto-Friendly SEC Chief Helps Bitcoin Top $100,000
Trump’s Crypto-Friendly SEC Chief Helps Bitcoin Top $100,000

Investors bet on the US having a friendly regulatory shift after Trump said he would nominate Paul Atkins to run the Securities and Exchange Commission

TSMC in ‘Talks on Making Top Nvidia AI Chip in Arizona’
TSMC in ‘Talks on Making Top Nvidia AI Chip in Arizona’

Taiwan Semiconductor Manufacturing Co is making preparations to start production of Nvidia's top AI chip in Arizona next year, sources say

China Hits US Military Firms With Sanctions For Taiwan Arms Sale
Asian Data Centre Firms Rake in Billions From Global Investors
General Motors’ Operations in China Take a $5-Billion Hit
Malaysia Tells Chinese Firms: Don’t Use Us to Dodge US Tariffs
South Korea’s Yoon Facing Impeachment After Martial Law Drama
AWS to Use AI to Develop Carbon Removal ‘Sponge’ For Data Centres
US Chips ‘Not Safe’ to Buy, Chinese Industry Bodies Claim

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