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Latest: Fintech News

HSBC Buys Virtual Plot of Land in First Metaverse Foray
HSBC Buys Virtual Plot of Land in First Metaverse Foray

The digital push will enable HSBC to engage with sports, e-sports and gaming fans via its slice of turf in The Sandbox, a virtual space majority-owned by Animoca Brands

Australian Watchdog Takes Meta to Court Over Crypto Scams
Australian Watchdog Takes Meta to Court Over Crypto Scams

The advertisements for cryptocurrency or money-making schemes could have misled users into believing they were promoted by celebrities, ACCC said

Japan’s Murata to Restart Production After Earthquake
Japan’s Murata to Restart Production After Earthquake

Kyoto-based Murata, the top global supplier of ceramic capacitors used in smartphones and cars, said it aims to restart two facilities in Fukushima prefecture

Japan’s Bridgestone Reports Ransomware Attack on US Unit
Micron Technology Urges China Staff to Work from Home
Thai E-Commerce Seeks Decree Clarity – Bangkok Post
Crypto Startups Moonlight as VC Investors – The Information
Binance Bolsters Middle East Presence With Dubai Licence
Toyota Cuts Global Output Target as Chips Crisis, Covid Bite
Japan Quake Halts Chip Output in New Threat to Auto Firms

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