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Latest: Fintech News

Russian Banks Seek Tie-Up With China’s UnionPay After Card Ban
Russian Banks Seek Tie-Up With China’s UnionPay After Card Ban

The two large US payments firms said they were suspending operations in Russia, joining the list of companies severing business links with the country

Ambani’s Reliance Seizes Future Stores in Stealth Operation
Ambani’s Reliance Seizes Future Stores in Stealth Operation

Reliance Industries, India's biggest conglomerate run by Mukesh Ambani, the country's richest man, presses ahead with a shock de facto takeover

ZTE Hauled Back to US Court Over Iran Allegations
ZTE Hauled Back to US Court Over Iran Allegations

A former ZTE research director and a professor at Georgia Tech are charged with conspiring to illegally bring Chinese nationals to the US

BharatPe Founder Saga Echoes Housing.com – ToI
China’s Global Cryptocurrency Share Plunges to 10%, Says PBoC
China’s TuSimple Reshuffles Management – Caixin
Apple Insists Risks From ‘Sideloading’ Apps Are Serious
Korea Wins US Ban Exemption, Shores Up Exporters to Russia
China’s ‘Common Prosperity’ to Hit Tech Harder Than Property
Japan May Amend Law to Pave Way For ‘Self-Drive’ Vehicles

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