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Latest: Fintech News

Toyota Expects Production Target Miss as Chip Shortage Drags On
Toyota Expects Production Target Miss as Chip Shortage Drags On

Toyota believes it will not be able to achieve its annual 9-million vehicle production target as it doesn't have enough computer chips to reach that goal

US Seen Examining Alibaba’s Cloud Unit For Security Risks
US Seen Examining Alibaba’s Cloud Unit For Security Risks

Cloud servers are viewed as ripe for hackers to launch cyber attacks because they can conceal the origin of the attack and offer access to a vast array of client networks

Starbucks Grows Delivery Services in China with Meituan Tie-up
Starbucks Grows Delivery Services in China with Meituan Tie-up

Move will expand the US coffee chain's delivery footprint in China, which has used Alibaba Group's Ele.me as delivery partner since 2018

Apple Sees Best Year in India – Economic Times
Asia Becomes the Epicentre of Global NFT Crypto Craze
China’s Digital Yuan Sees Mass Adoption On App Stores Debut
Singapore Guidelines Discourage Public Crypto Trading
North Korean Hackers Steal $400m in Crypto Attacks
Citigroup to Sell Southeast Asia Units to UOB for $3.6bn
Restaurant Review Site Reveals Algorithm – Mainichi

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