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Latest: Fintech News

Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age
Sydney Brothers Tackle Crypto ‘Tax Nightmare’ – The Age

CryptoTaxCalculator, founded by Shane and Tim Brunette in 2018, is a software start-up that collates data from major crypto exchanges

China’s Meituan Cuts Commissions After Regulatory Guidance
China’s Meituan Cuts Commissions After Regulatory Guidance

Meituan said on Tuesday it would lower commissions for merchants on its platform, capping fees for around a million small and medium sized merchants facing difficulties at 5%

Baidu Beats Quarterly Revenue Estimates On AI, Cloud Services
Baidu Beats Quarterly Revenue Estimates On AI, Cloud Services

Search engine giant Baidu reported quarterly revenue above Wall Street estimates on Tuesday, powered by high demand for its cloud and self-driving taxi services

Toyota to Restart Production After Cyber Attack on Supplier
Australian Lawsuit Accuses Crown of Money Laundering Breaches
China Warns Of Huge Pressure On Trade As Challenges Mount
Australia’s CBA sells Chinese Bank Stake for $1.8bn – The Age
Paytm Faces Pushback from Shareholders on Esops – BS
China’s Video Game Studios Face Long March – Caixin Global
China Media Say Dollar, SWIFT in Decline on Russia Sanctions

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