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Latest: Fintech News

Clouds Loom Over China’s Future in ‘Miracle City’ Shenzhen
Clouds Loom Over China’s Future in ‘Miracle City’ Shenzhen

The legendary boomtown in southern China, which posted at least 20% annual economic growth over the past four decades, is a different place today.

Japanese Gaming Giant Nexon Plots Global Expansion
Japanese Gaming Giant Nexon Plots Global Expansion

The company is one of the world's 10 largest video-game firms by market capitalisation, with its $22 billion valuation larger than Take-Two Interactive, the company behind "Grand Theft Auto"

Bitcoin Hits 18-Month Low as Celsius Halts Withdrawals
Bitcoin Hits 18-Month Low as Celsius Halts Withdrawals

Shock US data on Friday showed inflation at a 40-year high of 8.6%, intensifying volatility across asset classes as investors worry about potentially faster interest-rate increases.  

Chinese Mobile Gaming Firms Rake in $2.3bn in May – Xinhua
China’s Alibaba Group Gears up For a Comeback – Nikkei
Tencent Buys $264m Stake in India’s Flipkart – Economic Times
UAE, India Sign Deal to Cooperate on Advanced Tech
Half of Wealthy Asian Investors Hold Digital Assets: Accenture
Indonesia Crypto Exchange Pintu Raises $110m – Decrypt
Top China Livestreamer Li’s Absence Extends to a Week

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