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Latest: Fintech News

Korean Court Rejects Bid to Block Korea Zinc Deal For US Smelter
Korean Court Rejects Bid to Block Korea Zinc Deal For US Smelter

Court denies key shareholders' move to block zinc refiner's plan to issue shares to help fund $7.4-billion smelter in the US, but they still support the US plan

Japan Set to Test Mining of ‘Rare Earth Mud’ From Deep Seabed
Japan Set to Test Mining of ‘Rare Earth Mud’ From Deep Seabed

Japan will conduct a deepsea mining test next month off its most easterly island, where the seabed is believed to be rich in manganese and rare earth elements

Surge in Solar Power, Data Centres Spurs Battery Boom in China
Surge in Solar Power, Data Centres Spurs Battery Boom in China

Demand for renewables and data centres has caused a surge in shipments of lithium-ion storage batteries, with Chinese firms exporting more than $66 billion this year

US Begins Reviewing Licences For Sale of H200 Chips to China
Japan Repeats No-Nukes Pledge After Weapons Idea Floated
China’s Bytedance Signs JV Deal on Operation of TikTok in US
Japan’s Sumitomo Realty Bets on Mumbai’s Booming Real Estate
China’s Big Tech Secret: Lab Copied Dutch Chipmaking Machine
Bumper IPO by Another China Chip Firm Raises Hype Worry
Meta Tolerates Billions in Chinese Scam and Fraud Ad Revenue

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