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Latest: Fintech News

Infineon Reports Higher Chip Sales as it Plans Asia Boost
Infineon Reports Higher Chip Sales as it Plans Asia Boost

The German group, whose biggest customers are carmakers, also raised its revenue guidance for the current fiscal year to 13 billion euros

Putin Stresses China Business Ties in Pre-Visit Statement
Putin Stresses China Business Ties in Pre-Visit Statement

Ahead of a visit to Beijing, he said there were "substantial" financial, industrial, technological and human resource opportunities for Russia and China

Playtech Shareholders Reject $2.8bn Aristocrat Takeover
Playtech Shareholders Reject $2.8bn Aristocrat Takeover

Australian gaming firm Aristocrat needed approval from 75% Playtech shareholders, but less than 55% of votes were cast in favour of deal

NFTs Create Money Laundering Opportunities, Report Shows
China Handset Makers Boost Profits at Qualcomm
Indian Policeman Arrested in $40m Crypto Kidnap Plot
Experts See Digital Rupee as a Boon – Deccan Herald
Japan Eyes Tighter Curbs to Thwart Cyberattacks
Crypto Crash is Young Investors’ No. 1 Worry, Survey Shows
Hong Kong Tightens Rules on Virtual Assets – Ignites Asia

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