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Latest: Fintech News

Toshiba Sets March Date for Initial Vote on Break-up Plan
Toshiba Sets March Date for Initial Vote on Break-up Plan

Group plans to hold an extraordinary general meeting of shareholders on March 24, when it will seek initial approval to hive off its devices business

DBS Profit Bounces Back, Seen Gaining as Rates Outlook Improves
DBS Profit Bounces Back, Seen Gaining as Rates Outlook Improves

DBS said net profit for October-December rose to S$1.39 billion ($1.03 billion) and follows a particularly weak pandemic-hit year

Indian Crypto Exchanges Report Jump in New Investors – BL
Indian Crypto Exchanges Report Jump in New Investors – BL

New investors or users joining the platforms have increased by 35-59% across exchanges, the report claimed

Singapore, Hong Kong Vie for Billionaires’ Business – Caixin
Young Crypto Whiz ‘SBF’ Backs Regulatory Oversight
Chinese Company Denies Alleged IP Infringement of ASML
Cisco Made $20 Billion+ Takeover Offer For Splunk – WSJ
Blockchain Firm Cion Digital Opens Office in India
China Chip Maker’s Profit Soars as Revenue Hits a Record
Elon Musk’s Tesla Buffeted by Recalls, Lawsuits

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