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Latest: Fintech News

Amazon’s Battle with Reliance for Indian Retail Supremacy
Amazon’s Battle with Reliance for Indian Retail Supremacy

A legal fight is raging to decide who gets the upper hand in one of the world's fastest-growing retail markets – India's Reliance or the US tech giant Amazon.com

Malaysian Firm Launches Online Market for ‘Sustainable’ Palm Oil
Malaysian Firm Launches Online Market for ‘Sustainable’ Palm Oil

Tech firm DiBiz started the world's first online marketplace for "sustainable palm oil" on Tuesday to encourage sales of products certified as environmentally compliant

US Firms in China Gloomier Amid Bilateral Tension, Covid Curbs
US Firms in China Gloomier Amid Bilateral Tension, Covid Curbs

Three-quarters of US companies in China told an AmCham survey that multiple issues from fickle policy changes to slow progress on market access forced them to put investments on hold

Biden to Order Studies on Regulating Crypto and a Digital Dollar
OpenRan Tech To Shake Up Wireless Market Still Years Away – Caixin
S&P Warns of Meituan Downgrade Over ‘Cash Generation’ Fears
Microsoft Unveils Fourth Data Centre in India
From Samsung to Sony, Asia Tech Hit by Russia Curbs – Nikkei
Illegal Activities of Chinese Firms Under Lens in India – ET
Russian Banks Seek Tie-Up With China’s UnionPay After Card Ban

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