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Latest: Fintech News

China Hackers Accessed US Court Wiretap Networks: WSJ
China Hackers Accessed US Court Wiretap Networks: WSJ

The hackers were reportedly able to access systems used by broadband providers for court requests for communications data

Top China Chipmaker Gains $12bn on Stimulus, Push to Dump Nvidia
Top China Chipmaker Gains $12bn on Stimulus, Push to Dump Nvidia

Chinese chip stocks are riding a broader rally brought on by a stimulus package from Beijing towards the end of September that pumped up beaten-down stocks across the mainland

Cambodia is a ‘Money-Laundering Haven for Chinese Criminals’
Cambodia is a ‘Money-Laundering Haven for Chinese Criminals’

SE Asian nation is not part of the OECD's Common Reporting System that lists financial deals, so "it attracts individuals who want to hide their assets," criminal justice campaigner says

SE Asia Crime Networks Rely on Telegram, Crypto, UN Says
EU Backs Large Tariffs on Chinese EVs But Talks Will Continue
Mass Arrests in India as Samsung Workers’ Protest Drags on
Apple May Turn to China After India Fire Threatens Festive Push
Chinese Firms Plan to Raise $15bn in Overseas Bond Issues
China’s WuXi Ponders Sale of US Pharma Operations, FT Says
US Reveals Preliminary Duties on Solar Panels from SE Asia

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