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Latest: Fintech News

ByteDance to Disband Strategic Investment Team – Nikkei
ByteDance to Disband Strategic Investment Team – Nikkei

A senior executive said the company does not intend to halt investments but will instead handle them through its existing divisions

China’s JD.com Signs Partnership With Canadian Peer – Caixin
China’s JD.com Signs Partnership With Canadian Peer – Caixin

The deal will allow Shopify merchants in the US to sell their products on the Chinese company's cross-border marketplace JD Worldwide

China Tech Giants Told Investments Must Be Approved
China Tech Giants Told Investments Must Be Approved

New rules will hit Tencent, Alibaba Group and ByteDance, and could stop the tech giants from growing bigger through acquisitions, some sources have claimed

Airlines Overhaul Schedules Amid US 5G Rollout Worries
Tycoon Seeks Retrial Over Emails Revealed by Indian Hackers
Toyota Shares Fall After Carmaker Says It Will Miss Output Target
Chinese Olympics App Has ‘Devastating’ Flaw, Says Analyst
Singapore E-Commerce Label Races Rivals With AI – Nikkei
Toyota Expects Production Target Miss as Chip Shortage Drags On
US Seen Examining Alibaba’s Cloud Unit For Security Risks

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