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Latest: Fintech News

Chinese Solar Panel Makers Get a Rise After Musk Team Visits
Chinese Solar Panel Makers Get a Rise After Musk Team Visits

Shares of Chinese solar panel makers jump after Musk sent a team to visit companies making equipment, silicon wafers, battery modules and perovskite tech

India Stocks, Rupee Soar on US Trade Deal Despite Few Details
India Stocks, Rupee Soar on US Trade Deal Despite Few Details

Experts say lower US tariffs on most Indian goods will reinvigorate exports to the US, but others advise caution until the deal's fine print becomes clear

Japan Claims ‘World First’ Retrieval of Rare Earths in Deepsea Drill
Japan Claims ‘World First’ Retrieval of Rare Earths in Deepsea Drill

Japanese PM Sanae Takaichi hails the retrieval of rare earths from close to 20,000 feet below sea level as a world first. She faces an election on Sunday.

India’s 20-Year Tax Break For Data Centres Faces Resource Crunch
Thousands Arrested, 100s Deported After Cambodia Scam Raids
Seoul Yet to Resolve Investment Dispute and Tariff Hike by US
Top Court Scraps Hong Kong Firm’s Panama Ports Concession
Chipmakers Say Not Enough Chips for PCs, Phones Amid AI Priority
Members of Notorious Myanmar Scam Mafia Executed in China
ByteDance, Alibaba Get Beijing Nod to Buy Nvidia’s H200 Chips

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