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Latest: Fintech News

PBOC Fines Bank of East Asia Unit $2.6m Over Data – Caixin
PBOC Fines Bank of East Asia Unit $2.6m Over Data – Caixin

Industry experts believe the penalty sends a message to the credit reporting industry that authorities will ensure security for personal financial information

NFT Sales Near $25bn As Virtual Art Becomes The Real Deal
NFT Sales Near $25bn As Virtual Art Becomes The Real Deal

Non-fungible tokens – crypto assets representing a digital item such as an image, video, or even land in virtual worlds – surged in popularity last year

India To Be Major Vodafone Idea Shareholder With 35% Stake
India To Be Major Vodafone Idea Shareholder With 35% Stake

Vodafone Idea board backs conversion of all interest related to spectrum auction instalments and dues owed to government into equity

Apple Plans to Allow Alternative Payment Systems in South Korea
Japan Seeks More Chip Tie-ups With Taiwan at Trade Talks
Global Semiconductor Industry Turns Into a Free-for-All – Caixin
AI Powering Big Changes in Logistics – China Daily
GameStop Jumps on News of NFT Trading Hub, Crypto Pact
Arm Investigating Suspicious Payments At China JV – Telegraph
Shenzhen Police Accuse Walmart of Cybersecurity Violations

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