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Latest: Fintech News

China’s Video Game Studios Face Long March – Caixin Global
China’s Video Game Studios Face Long March – Caixin Global

The National Press and Publication Administration, which oversees the licensing of video games in China, has not published a list of approved new titles since late last July

China Media Say Dollar, SWIFT in Decline on Russia Sanctions
China Media Say Dollar, SWIFT in Decline on Russia Sanctions

SWIFT will lose its credibility and influence and gradually decline in importance if it’s used as a sanctions tool, Xinhua says, while the digital yuan has a big future, another outlet said

Toyota To Shut All Japan Plants After Cyberattack: Nikkei
Toyota To Shut All Japan Plants After Cyberattack: Nikkei

Toyota Motor will shut its plants in Japan on Tuesday after Kojima, a major supplier of parts, was hit by a suspected cyberattack

BP Exit, Plane Leases Open New Fronts For West Against Russia
Asian Powers Split On Sanctions, SWIFT Ban On Russian Banks
CIPS, China’s Onshore Yuan Clearing and Settlement System
Chinese Payment Stocks Soar Amid SWIFT Curbs Against Russia
Huawei Unveils 7 Smart Office Products Ahead of Mobile Meet
Zip Announces $491m Takeover of BNPL Rival Sezzle – SMH
Singapore Firms Told To Shore Up Cyber Defences – ST

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