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Latest: Fintech News

Pakistan Struggles to Attract Saudi Arabian Investment
Pakistan Struggles to Attract Saudi Arabian Investment

The call came after a $20 billion promise from Riyadh in 2019 has largely stalled as Islamabad negotiates an International Monetary Fund package

Insurer AIA Launches $10bn Share Buyback on Robust 2021 Growth
Insurer AIA Launches $10bn Share Buyback on Robust 2021 Growth

Better operating conditions for the Hong Kong-based insurer, which relies on its army of agents, prompted it to announce the buyback plan spread over the next three years

Toyota Cuts Domestic Output by up to 20% From Earlier Plan
Toyota Cuts Domestic Output by up to 20% From Earlier Plan

The reduction is part of an effort to alleviate the burden on suppliers forced to adapt to repeated output plan changes due to acute shortages of semiconductors and other supplies

South Korea Posts Trade Deficit as Commodity Prices Soar
New App Tracks Indonesian Minerals – Jakarta Globe
Taiwan Invests in Next Generation With Slew of Chip Schools
KOSPI Jumps on Hope of Market Reforms by New President
Ukraine Asks Vietnam, Central Asia to Ban Russia Payments
Singapore Fintech Cake Launches $100m Venture Capital Arm
Transition to EVs Needs Worker, Climate Safeguards, Says Panel

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