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Latest: Fintech News

Beijing Expresses Concern Over India’s Latest Apps Ban
Beijing Expresses Concern Over India’s Latest Apps Ban

A Ministry of Commerce spokesman said China hoped India would treat all foreign investors in a transparent, fair and non-discriminatory manner

Russia Seeks to Avoid China-Style Crypto Ban, Says Minister
Russia Seeks to Avoid China-Style Crypto Ban, Says Minister

The head of the Bank of Russia's department for countering market misconduct reiterated that cryptocurrencies carry risks for consumers

StanChart Doubles Profit, Sets $750m Share Buyback
StanChart Doubles Profit, Sets $750m Share Buyback

The bank expects revenue to grow an extra 3% per year as it benefits from rising interest rates as policymakers look to turn off years of cheap funding

Jaguar Land Rover, Nvidia Ally in Car Software Arms Race
Charlie Munger Calls US-China Tensions `Massively Stupid’
India’s IT Sector Grows Twice as Fast as Economy – ToI
Finance Watchdog Says It Can’t Stop Binance Accessing UK Market
Time For Global Response To Crypto Risks, Regulators Say
Intel Acquires Israeli Chipmaker Tower for $5.4bn
Singapore’s Funding Societies Raises $294m

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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