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Latest: Fintech News

China Lifts Tariff on US Goods to 125%, as ‘Hikes Become a Joke’
China Lifts Tariff on US Goods to 125%, as ‘Hikes Become a Joke’

Beijing says the ramping of US tariffs is becoming a joke; meanwhile it is canvassing trading partners on how to deal with its trade crisis

Apple Stock Soars as iPhones Airlifted From India ‘to Beat Tariffs’
Apple Stock Soars as iPhones Airlifted From India ‘to Beat Tariffs’

Stock jumps 15% on Wednesday after tariffs eased and news emerges of airlifts of iPhones flown out of India to beat the start of tariffs in the US

China Curbs Hollywood Films, But Says It’s Open to Talks
China Curbs Hollywood Films, But Says It’s Open to Talks

China restricts imports of US movies after Trump's latest tariff hike, which follows a ban last week imposed on rare earth exports. But Beijing says it's still ready to discuss trade concerns

From 100% Tax to $1 Billion Fine: Rough Days For TSMC in US
China Hits Back With 84% Levy, After Trump Doubled US Tariffs
Trump Tariffs Could Boost Demand For Renewables: Think Tank
Asian Markets Simmer as China Rejects US Tariffs ‘Blackmail’
TikTok Still Up And Running in US After Tariffs Thwart Deal
Video Gamers Angry About Impacts of Trump Tariffs – LT
China Hits Back With 34% Tariffs on US Goods; SE Asia Reeling

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