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Latest: Fintech News

April 2 Set as Date for Unveiling of Trump’s Reciprocal Tariffs
April 2 Set as Date for Unveiling of Trump’s Reciprocal Tariffs

US tariffs are set to be announced next month, but Treasury secretary says some of the 'dirty 15' trading nations are already curbing unfair practices and seeking to avoid reciprocal levies

Huawei Bribery Scandal: Five Charged After EU Parliament Raids
Huawei Bribery Scandal: Five Charged After EU Parliament Raids

Members of the European Parliament 'may have been offered trips to China and cash to support the company' while it faced pushback in Europe, local media reports allege

HK’s Lee Slams ‘Bullying’ as China Reviews Panama Ports Deal
HK’s Lee Slams ‘Bullying’ as China Reviews Panama Ports Deal

China sends delegation to Panama to try to review and possibly reverse its exit from Belt and Road Scheme, while scrutinizing the US deal to buy CK Hutchison's ports

‘Crash in Sentiment’ Spurs Plunge in Investment in US Equities
Nvidia’s Huang Expected to Reveal Details of New AI Chips
China’s Baidu Launches Two Free AI Models to Rival DeepSeek
‘Unusual White House Involvement’ in US Bid to Buy TikTok
US, Vietnamese Firms Sign Billions in Energy, Mineral Deals
Tesla Planning Cheaper, Smaller Model Y to Boost China Sales
Server Fraud Case in Singapore May be Linked to AI Chips, China

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