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Latest: Fintech News

Malaysian Artist Explains Why Fortunes Are Spent on NFT Art
Malaysian Artist Explains Why Fortunes Are Spent on NFT Art

The market is booming, the most popular pieces can sell for millions, but outsiders may wonder why anyone would pay anything at all

Thailand’s Gulf Energy to Seal Crypto JV with Binance Exchange
Thailand’s Gulf Energy to Seal Crypto JV with Binance Exchange

Gulf Energy chief financial officer Yupapin Wangviwat says the joint venture may take about six months to obtain a licence for trading

Australian Billionaire Sues Facebook Over Crypto Scam Ads
Australian Billionaire Sues Facebook Over Crypto Scam Ads

The billionaire is alleging the social media giant used his likeness in ads that breached anti-money-laundering laws and scammed Australians

SoftBank Investors Brace for Earnings Amid Sliding Valuations
Taiwan to Use Technology to Build Global Ties – FT
South Korean Online Shopping Grows 21% – JoongAng Daily
India Insists on 30% Crypto Assets Tax – The Hindu
Crypto Platform Says $320m in Tokens ‘Safe’ Despite Hack
Infineon Reports Higher Chip Sales as it Plans Asia Boost
Putin Stresses China Business Ties in Pre-Visit Statement

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