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Latest: Fintech News

Australian Forex Platform Cuts Off Ukraine – The Age
Australian Forex Platform Cuts Off Ukraine – The Age

Brad McEvoy of start-up Kademi said he was furious at OFX, formerly known as OzForex, for blocking payments to his Ukrainian workers

US Warns Chinese Firms Not to Evade Sanctions – NY Times
US Warns Chinese Firms Not to Evade Sanctions – NY Times

Raimondo said the US could “essentially shut” companies such as Semiconductor Manufacturing International Corporation or any Chinese company

Five Reasons Russia Can’t Use Crypto to Evade Sanctions
Five Reasons Russia Can’t Use Crypto to Evade Sanctions

Russia is facing a barrage of sanctions following its invasion of Ukraine. Governments are concerned it may use cryptocurrencies to evade them

Amazon’s Battle with Reliance for Indian Retail Supremacy
Malaysian Firm Launches Online Market for ‘Sustainable’ Palm Oil
US Firms in China Gloomier Amid Bilateral Tension, Covid Curbs
Biden to Order Studies on Regulating Crypto and a Digital Dollar
OpenRan Tech To Shake Up Wireless Market Still Years Away – Caixin
S&P Warns of Meituan Downgrade Over ‘Cash Generation’ Fears
Microsoft Unveils Fourth Data Centre in India

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