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Latest: Fintech News

Davos ‘Old Guard’ Greets Crypto Newcomers With Scepticism
Davos ‘Old Guard’ Greets Crypto Newcomers With Scepticism

Crypto exchanges crowded the sidelines of the main conference aiming to gain credibility with mainstream companies ranging from Tyson Foods to Salesforce.com

US Bill Would Ban Digital Yuan from Google, Apple App Stores
US Bill Would Ban Digital Yuan from Google, Apple App Stores

Republican-sponsored bill would ban US app stores from supporting apps that enable payment with China's digital yuan.

Alibaba Earnings up on High Online Demand Amid Lockdowns
Alibaba Earnings up on High Online Demand Amid Lockdowns

Covid lockdowns in China lifted Alibaba's earnings, thanks to surging demand for cloud services as millions of citizens work from home and shop online

China Lockdowns Holding up New iPhones – Nikkei
Baidu Cloud, AI Services Draw $4.2bn in March Quarter
UK to Probe Chinese Takeover of Chip Company – FT
Sony to Boost PlayStation 5 Output, Broaden PC, Mobile Titles
India’s Vedanta to Announce Semiconductor Plant Location
ADDX Raises $58m, Teams Up With Thai Stock Exchange
Singapore Court Freezes ‘Bored Ape’ NFT – The Times

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