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Latest: Fintech News

Bankman-Fried in US as FTX Associates Plead Guilty to Fraud
Bankman-Fried in US as FTX Associates Plead Guilty to Fraud

US regulators say FTX executives Caroline Ellison and Gary Wang will plead guilty to defrauding investors, while FTX founder Bankman-Fried is due to face a US court shortly

ASML’s Taiwan Expansion Signals Chip Sector’s Next Big Leap
ASML’s Taiwan Expansion Signals Chip Sector’s Next Big Leap

The Dutch chip-making machine manufacturer is planning ways to make even smaller, faster chips as it deepens its links with the industry's most important hub, Taiwan

China’s Potential Chip Stars Hit by Latest US Bans – FT
China’s Potential Chip Stars Hit by Latest US Bans – FT

The US move to blacklist dozens of Chinese (and Russian) companies last week has had a significant impact on some of the firms named

Foreign Inflows Seen Extending India’s Post-Covid Boom
Xiaomi Lays Off 10% of Staff Amid China Covid Crisis
Tesla Buyers Bailing Because of Musk, the ‘Troll’ – CNET
US to Ban Use of TikTok App on Government Devices
Taiwan Probes TikTok For ‘Illegal Commercial’ Activity
Japanese Chipmaker Renesas Stops Work at Factory in Beijing
Taiwan Exports to Shrink, Signal Worsening Global Tech Demand

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