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Latest: Fintech News

China Watchdog Intensifies Scrutiny of Online Content – SCMP
China Watchdog Intensifies Scrutiny of Online Content – SCMP

CAC calls on internet platform operators to establish strong content review teams and increase training for employees

RBI Tells Paytm Payments Bank To Halt Adding Customers: ET
RBI Tells Paytm Payments Bank To Halt Adding Customers: ET

The bank has also been ordered to appoint an IT audit firm to conduct a comprehensive systems review

Didi Shares Dip After Report Of HK-Listing Plans Suspension
Didi Shares Dip After Report Of HK-Listing Plans Suspension

It’s claimed the company and its bankers have now halted work on the Hong Kong listing slated for the summer

Hope of US Audit Deal for Chinese Stocks After Delisting Threat Sparks Selloff
China Says US Launching Cyberattacks in Invasion’s Wake
Moscow Slams Facebook ‘Extremism’ as it Readies New Assault
Pakistan Struggles to Attract Saudi Arabian Investment
Insurer AIA Launches $10bn Share Buyback on Robust 2021 Growth
Toyota Cuts Domestic Output by up to 20% From Earlier Plan
South Korea Posts Trade Deficit as Commodity Prices Soar

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