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Latest: Fintech News

Philippines GDP to Gain $34bn from Meta Deals – Manila Bulletin
Philippines GDP to Gain $34bn from Meta Deals – Manila Bulletin

Meta said its investments are seen to expand broadband capacity for people and businesses in developed and emerging markets over coming years

China Can’t Take Place of SWIFT System, Analysts Say
China Can’t Take Place of SWIFT System, Analysts Say

Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.

Russia’s FESCO to Accept Yuan Payments as Sanctions Bite
Russia’s FESCO to Accept Yuan Payments as Sanctions Bite

The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions

Japan’s Fujimi to Restart Production After Cyberattack
China to Approve Third Group of Localities for Digital Yuan Trials
Singapore Orders Mass Block of Illegal Streaming Sites
SC Capital Partners to Develop Asian Data Centres
R3, Hong Kong’s Cyberport to Push CBDC Technology
Singapore-Based Volopay Enters Indian Payments Market
Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age

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