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Latest: Fintech News

India’s Tweaked Telecom Rules Seen Blocking China’s Huawei, ZTE
India’s Tweaked Telecom Rules Seen Blocking China’s Huawei, ZTE

Blocking China-made equipment means higher costs and that's bad news for local telecom companies, says consultancy firm Com First in Delhi.

Taiwan Hints US-Like Relations with EU May Spur Chip Plants
Taiwan Hints US-Like Relations with EU May Spur Chip Plants

Closer ties with the EU ``would be very helpful for our companies for their attention towards and knowledge of Europe," said Taiwan Deputy Economy Minister Chen Chern-chyi.

Mercedes Teams Up with Tencent on Self-Drive Cars – Pandaily
Mercedes Teams Up with Tencent on Self-Drive Cars – Pandaily

The alliance will feature a joint laboratory, boosting the ability of Mercedes to provide self driving cars to the Chinese market, Pandaily said.

Data Leak Shows Uber ‘Broke Laws, Duped Police’ – Guardian
Myanmar Sets Up China-Made CCTVs in More Cities
India’s HDFC Bank Aided Yuan Trade in Russian Coal
Chinese Banks Face Tougher Credit Card Rules to Manage Risks
China Cybersecurity Regulator to Enforce New Data Rules
Japan’s JCV Sells Blacklisted SenseTime’s Facial Tech in US
Crypto Lender Celsius Ran ‘Ponzi Scheme’, Lawsuit Claims

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