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Latest: Fintech News

SE Asia Internet Economy to Hit $1tn by 2030, Says Report
SE Asia Internet Economy to Hit $1tn by 2030, Says Report

Fast growth is due to the region's relatively young population, rapid smartphone usage, increasing urbanisation and burgeoning middle class

TSMC Plant Won’t be Cutting-Edge: Japan Times
TSMC Plant Won’t be Cutting-Edge: Japan Times

The plant in Kumamoto prefecture will focus on producing 22- to 28-nanometre semiconductors, which are critical to the vehicle sector

PBoC Working on Digital Yuan Issues: Securities Times
PBoC Working on Digital Yuan Issues: Securities Times

Central bank governor Yi Gang says management model prioritises settlement efficiency, privacy protection and anti-counterfeiting

Unity Buys Studio Behind ‘Lord of the Rings’: WSJ
Bitcoin And Ether Break Records As Crypto Inflows Soar
Tencent And Alibaba Set For Profit Drops As Crackdowns Bite
Buffett-Backed Paytm Kicks Off India’s Biggest IPO
Paytm IPO Opens Today; Valuations Lofty, Say Analysts – Mint
Japan Plans To Subsidise Domestic Chip Output – Nikkei
Samsung Won’t Hand Over Sensitive Data To US Chips Probe

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