fbpx

Type to search

Latest: Fintech News

Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT
Asian Defence Stocks Soar as Europe, US Look to Re-Arm – FT

Shares in Asian defence suppliers have soared amid expectation Europe will buy more military equipment, while Trump is also looking ramp up US shipbuilding to narrow the vast output and capacity gap with China

Vietnam to Allow 49% Foreign Ownership of Some Private Banks
Vietnam to Allow 49% Foreign Ownership of Some Private Banks

Some private banks will be able to have up to 49% foreign ownership – up from 30% – if they take over struggling financial institutions, Hanoi has said

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

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