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Latest: Fintech News

China’s ZTE Faces Court for Possible US Probation Violation
China’s ZTE Faces Court for Possible US Probation Violation

The Chinese telecom equipment maker is on probation in the US after pleading guilty in Dallas in 2017 to illegally shipping US technology to Iran and North Korea

5G Expands to More Affordable Phones as Chip Prices Fall – WSJ
5G Expands to More Affordable Phones as Chip Prices Fall – WSJ

The key to this broader access to 5G service is the falling price of the specialized semiconductors needed for 5G phones, a trend that analysts expect to continue.

Robotic Birds Used to Train Birds of Prey for the Wild – The Age
Robotic Birds Used to Train Birds of Prey for the Wild – The Age

The Raptor Fliers Association of WA uses free-flight falconry techniques to rehabilitate injured or orphaned birds

Foxconn to Enlist 100 Japanese Firms in EV Drive – Nikkei
India Tightens Checks on IPO Valuations in Jolt to Startups
China Watchdog Intensifies Scrutiny of Online Content – SCMP
RBI Tells Paytm Payments Bank To Halt Adding Customers: ET
Didi Shares Dip After Report Of HK-Listing Plans Suspension
Hope of US Audit Deal for Chinese Stocks After Delisting Threat Sparks Selloff
China Says US Launching Cyberattacks in Invasion’s Wake

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