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Latest: Fintech News

Shenzhen Using Digital Yuan to Boost Covid-Hit Economy
Shenzhen Using Digital Yuan to Boost Covid-Hit Economy

Officials in Shenzhen in China's southern Guangdong province are giving out millions in cash via the digital yuan to stimulate its pandemic-hit economy and use of the digital currency

Rubio Warns on Surveillance Firm With China Ties – Protocol
Rubio Warns on Surveillance Firm With China Ties – Protocol

US Senator Mark Rubio says companies marketing surveillance technologies developed in China should not be allowed near critical US infrastructure, such as a Florida rail line

China’s Zero-Covid Policy a Bonanza for Testing, Building Firms
China’s Zero-Covid Policy a Bonanza for Testing, Building Firms

China will spend more than $52 billion this year on testing, new medical facilities, monitoring equipment and other anti-Covid measures, which will benefit about 3,000 companies

US, China Firms Vie For Slice of ASEAN Data Centre Market – ST
China Using Drones to Map And Survey Antarctica
Popular NFT Game Stepn Cuts Off China Users – CryptoSlate
Hong Kong’s Babel Defies Crypto Rout With $80m Fundraising
Japan’s Opn Payments Firm Secures $40m to Boost Asia Growth
Davos ‘Old Guard’ Greets Crypto Newcomers With Scepticism
US Bill Would Ban Digital Yuan from Google, Apple App Stores

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