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Latest: Fintech News

Satellite Finds Methane, CO2 Plumes Over Sites in Asia, Africa, US
Satellite Finds Methane, CO2 Plumes Over Sites in Asia, Africa, US

NASA reveals first images from Carbon Mapper's Tanager-1 satellite, exposing a landfill in Karachi, a coal power plant in Africa and a Texas oilfield

US Rules to Limit Investment in China’s Chips, Quantum and AI
US Rules to Limit Investment in China’s Chips, Quantum and AI

The new rules, to take effect in 2025, will ban US investment in three sectors: Chinas chips and microelectronics, quantum information tech and certain AI systems

iBanned: Sale of Apple’s iPhone 16 is Now ‘Illegal’ in Indonesia
iBanned: Sale of Apple’s iPhone 16 is Now ‘Illegal’ in Indonesia

Losing out on the Indonesian market could be significant to Apple at a time it is struggling to bolster sales in China, which has been one of its top markets

Could Melting Glaciers Trigger Volcanic Eruptions? – Reuters
China Tightening Grip on Critical Minerals For Chips – NYT
AI Surge Lifts Nvidia to Become World’s Most Valuable Company
Top Chinese Lawmakers to Meet in Week of US Election
Rio Tinto Signs Decarbonisation Deal With China’s Nanjing Steel
China Self-Driving Firm WeRide Gets $440m Via IPO, Placement
US-China Tech War Seen Continuing Under Trump or Harris

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