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Latest: Fintech News

Tesla Faces Shortage of EV Parts, Halts Production in Shanghai
Tesla Faces Shortage of EV Parts, Halts Production in Shanghai

The halt in production is the latest in a series of difficulties the factory faces as Shanghai enters a sixth week of lockdowns

Japan’s TDK Looks to Build $383m EV Parts Facility – Nikkei
Japan’s TDK Looks to Build $383m EV Parts Facility – Nikkei

The new factory, which the company hopes to set up by 2024 in Kitakami in Iwate prefecture, will manufacture ceramic capacitors

Crypto Thieves Lurk on Social Media to Steal NFTs – ST
Crypto Thieves Lurk on Social Media to Steal NFTs – ST

Instagram, Twitter, Facebook and chat platforms Discord and Telegram are key platforms crypto hacks use to mount scams, report says

Apple’s Chinese Engineers Keep Production Humming – WSJ
Crypto Fear and Greed Index Now in ‘Extreme Fear’ Territory
US May Screen Tech Startups Amid China Warning – WSJ
China Using 3D Printing to Build Tibet Dam – SCMP
Indian-Owned Technology Firms Post Sharp Growth in UK
Singapore’s OCBC in Deal to Offer Tokenised Carbon Credits
China Restricts Livestreamers, Bans Underage Tipping

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