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Latest: Fintech News

Chinese Payment Stocks Soar Amid SWIFT Curbs Against Russia
Chinese Payment Stocks Soar Amid SWIFT Curbs Against Russia

SWIFT sanctions against Russia seen as an event that will curb use of the dollar. Shares of payment firms such as Newland Digital Tech, Lakala Payment and Client Service rose strongly

Huawei Unveils 7 Smart Office Products Ahead of Mobile Meet
Huawei Unveils 7 Smart Office Products Ahead of Mobile Meet

President of Huawei's Western Europe consumer business group William Tian said the products would appeal to people who increasingly work from home

Zip Announces $491m Takeover of BNPL Rival Sezzle – SMH
Zip Announces $491m Takeover of BNPL Rival Sezzle – SMH

Zip said on Monday it was offering 0.98 Zip shares for every Sezzle share, which represented a 22% premium to Sezzle’s closing price

Singapore Firms Told To Shore Up Cyber Defences – ST
Taiwan Says Ukraine Won’t Seriously Impact Chip Supply Chain
China’s Didi Performs U-Turn On Russia Exit Decision
Sanctions On Russia Remind China Over Its Need For Chips
Chinese Online Retailer Shein Puts US IPO on Hold
Jack Dorsey’s Block Beats Profit Forecast, Australian Shares Soar
Coinbase Reports Surge in Crypto Trading Volumes

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