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Latest: Fintech News

Kuaishou Partners With China Delivery Giant Meituan – Caixin
Kuaishou Partners With China Delivery Giant Meituan – Caixin

The deal will see Meituan — snared in a government crackdown on anti-competitive practices — launch a mini programme on the platform

China Greenlights Data Centre Clusters in North and West
China Greenlights Data Centre Clusters in North and West

China has approved plans to build four clusters of data centres in the country's north and west for the data needs of Beijing and major coastal centres, the top state planner said on Wednesday

Bitcoin Recovers Slightly After Dropping More Than 6%
Bitcoin Recovers Slightly After Dropping More Than 6%

Tuesday's moves in cryptocurrencies were stark, reflecting low liquidity periods such as weekends and holidays

China’s Ant Group to Close Mutual Aid Platform – SCMP
Japan Cyberattack Linked to Chinese Military – Nikkei
China’s Influencers Play Safe with Wholesome Content – FT
Binance Crypto Exchange Gets In-Principle Nod from Bahrain
Foxconn May Revamp Workers’ Hostels at Indian iPhone Plant
Ant’s Consumer Finance Unit To Lift Capital To $4.7bn
Japan and Taiwan Politicians Agree on Chip Cooperation

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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