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Latest: Fintech News

FBI Found Huawei Gear Near US Bases Could Disrupt Nukes – CNN
FBI Found Huawei Gear Near US Bases Could Disrupt Nukes – CNN

Despite company denials, 'multiple sources' told CNN that Huawei equipment could capture and disrupt communications to US nuclear arsenals, the report said

China Pledges Privacy Protection to Push Digital Yuan
China Pledges Privacy Protection to Push Digital Yuan

China will respect privacy and protect personal information in using digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Institute said

Chinese Banks Probe Begins Disciplinary Action Over Fraud
Chinese Banks Probe Begins Disciplinary Action Over Fraud

The news from the banking regulator follows an announcement announcing a second round of repayment to depositors whose funds were frozen

Japan to Create Ministry to Promote Startups, Says PM
Singapore Plant Food Startup Next Gen Expands Into Germany
China Entrepreneurs Face Grim Future, Says Beijing Academic
South Korean AI Firm Raises Funds to Build Synthetic Data
Steam App Helps China Users Evade Censors – MIT Tech Review
Indian Food Apps Zomato, Swiggy Face Restaurant Revolt
Korea’s Naver Office Combines Robots, Humans – Nikkei

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