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Latest: Fintech News

Ant Group Implicated in Graft Scandal by CCTV Report – FT
Ant Group Implicated in Graft Scandal by CCTV Report – FT

CCTV documentary alleged private companies made “unreasonably high payments” to the brother of former CCP head in Hangzhou in return for policy incentives and support in buying real estate

Bitcoin Tumbles to 5-Month Low on Russia Fears, Inflation
Bitcoin Tumbles to 5-Month Low on Russia Fears, Inflation

Cryptocurrencies slid across the board amid rekindled fears of heated inflation and aggressive US Federal Reserve policy tightening

Malware Education Could Cut Asia Video Piracy, Says Study
Malware Education Could Cut Asia Video Piracy, Says Study

Educating consumers about the risks of malware could reduce Asia-Pacific entertainment piracy by nearly a third, a copyright holders' advocacy group said on Friday.

Singtel Branches Out With $35m Stake in Indonesian Bank
China Reaffirms Pledge to Eradicate Internet Sector ‘Corruption’
ByteDance’s TikTok Testing Paid Subscriptions – The Information
US Fed Touts CBDC Benefits as Russia Calls for Broad Ban on Crypto
Australia Vows to Fight Back Against State Cyber Attacks
Southeast Asia Video Gaming Guild Raises $4m – CoinDesk
7-Eleven to Deploy Self-Checkout Registers – Japan News

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