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Latest: Fintech News

China War Risk Sees Taiwan’s TSMC Moving Fabs to US, Japan 
China War Risk Sees Taiwan’s TSMC Moving Fabs to US, Japan 

Western allies and TSMC are grappling with how to mitigate a worst-case scenario where China invades or blockades Taiwan, cutting off chips crucial to the global economy.

Digital System Stocks Surge as China’s Data Centre Plan Starts
Digital System Stocks Surge as China’s Data Centre Plan Starts

Stocks of Chinese firms involved in data centre tech and cloud computing surged on Monday after Beijing approved the building of 10 data centre clusters worth billions of dollars.

‘Buy now, pay later’ Firms Lose Stock Market Lustre – Nikkei
‘Buy now, pay later’ Firms Lose Stock Market Lustre – Nikkei

The companies, which offer credit to consumers for small purchases, soared in popularity during coronavirus lockdown as people splurged online on new clothes, shoes and home furnishings

Investors Eye Indonesia as Malaysia’s Political Woes Bite – SCMP
Beijing to Ban All Pre-School Tutoring Apps
China’s Meituan Shares Fall 15% Over New Fee Guidelines
Singapore’s DBS to Counter Cybersecurity Risks at SMEs
Nissan Plans EVs for Mississippi, Scouts for US Battery Plant
Consumer Prices Rise in Japan, Delaying Interest Rate Move
AliExpress, WeChat Added to US Counterfeit Goods Watch List

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