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Latest: Fintech News

JD.com Cuts Exec Salaries Under ‘Common Prosperity’ Pressure
JD.com Cuts Exec Salaries Under ‘Common Prosperity’ Pressure

JD.com CEO Liu Qiangdong also plans to donate 100 million yuan to a special fund to help children of JD employees

China’s Ant Group Seen Facing $1bn-Plus Fine After Big Revamp
China’s Ant Group Seen Facing $1bn-Plus Fine After Big Revamp

Chinese regulators likely to fine Ant in the second quarter of next year for 'disorderly expansion of capital', once the fintech giant nears the end of a major two-year-long overhaul, sources say

Russian E-Commerce Group Opens Office in China to Lift Sales
Russian E-Commerce Group Opens Office in China to Lift Sales

Online retailer Ozon Holdings said on Monday it was opening an office in Shenzhen in China to boost cross-border sales to Russian shoppers on its platform

China’s Key Money Rate Sinks Close to 2-Year Low
TSMC to Launch New Arizona Chip Plant on December 6
TSMC Boss Was Told No Need to Avoid Xi at APEC
Taiwan Talks To China’s Xi Jinping in Rare Encounter at APEC
Taiwan’s TSMC Founder Meets Kamala Harris to Talk Microchips
Hong Kong Crypto Retailer to Close as FTX Shockwave Hits
Vanuatu Services Hit by Cyber Attack, Ransom Demand – BBC

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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