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Latest: Fintech News

Sony Offers Glimpse of Next-Gen VR Headset, Revs Up EV Plans
Sony Offers Glimpse of Next-Gen VR Headset, Revs Up EV Plans

The PlayStation VR2 will have an OLED display, use integrated cameras to track players and offer feedback via a built-in headset motor

UK Tightens Takeover Rules as China Firms Circle
UK Tightens Takeover Rules as China Firms Circle

A deal is reportedly near with French energy giant EDF to force China's state-owned CGN to offload its stake in a nuclear power project

Shanghai To Become Global Digital Hub – Shanghai Daily
Shanghai To Become Global Digital Hub – Shanghai Daily

Targets include building faster 5G and broadband networks, intelligent factories and hospitals, and developing AI and data-driven services

Asia’s Chipmakers Headed For 2024 Glut, Morningstar Says
Bar on China Livestreamers Pitching Financial Products – Caixin
China’s Tencent Buys Stake in UK Digital Bank Monzo
CES to End Sooner than Planned Amid Omicron Surge
India Watchdog Orders Apple Probe Over App Abuse Claims
Israel’s eToro Valuation Dips 15% After Amended SPAC Deal
HSBC to Assume 100% Ownership of China Insurance Unit

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