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Latest: Fintech News

Sanctions On Russia Remind China Over Its Need For Chips
Sanctions On Russia Remind China Over Its Need For Chips

Sweeping restrictions imposed on Russia to block its access to goods from chips to computers and electronics are likely to rev up China's push for self-reliance in semiconductors, analysts say

Chinese Online Retailer Shein Puts US IPO on Hold
Chinese Online Retailer Shein Puts US IPO on Hold

Shein had revived plans to list in New York this year and its founder was considering bypassing proposed tougher rules for offshore IPOs in China

Jack Dorsey’s Block Beats Profit Forecast, Australian Shares Soar
Jack Dorsey’s Block Beats Profit Forecast, Australian Shares Soar

The payments company's Australian stock leapt as much as 40%, the biggest gainer in a flat overall market

Coinbase Reports Surge in Crypto Trading Volumes
Vodafone Unit Buys Stake in Cybersecurity Firm – NZ Herald
Alibaba Reports Smallest Quarterly Revenue Rise Since 2014
Taiwan’s UMC To Spend $5bn On New Chip Plant In Singapore
Chinese Tech Giant Tencent Pledges Carbon Neutrality by 2030
Singapore Seen Flagging Concern To India Over Game Ban
Private Equity Takes Cautious Approach to Cryptocurrencies

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