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Latest: Fintech News

Police Bust $156m Virtual Currency Scam: Xinhua
Police Bust $156m Virtual Currency Scam: Xinhua

Authorities in Jiangsu province received a tip-off from a person trapped in the scheme operated by an investment platform called BBGO

What Went Wrong With Buffett-Backed Paytm’s IPO?
What Went Wrong With Buffett-Backed Paytm’s IPO?

Paytm's IPO was India's biggest ever. Some analysts say it flopped because it was overvalued and has a flawed business model

VC Funds Make A Beeline To Tap India’s Startup Boom: Nikkei
VC Funds Make A Beeline To Tap India’s Startup Boom: Nikkei

Startup data tracker Tracxn showed 211 venture capital funds made debut investments this year, 64 more than the previous year

Samsung To Pick Taylor, Texas, For $17bn Chip Plant: WSJ
Bank of Thailand Moves to Ease Debtors’ Woes
Prosus Profit Up on Tencent Stake, As E-Commerce Loss Grows
Ola Electric Delays E-Scooter Delivery Amid Chip Shortage: BS
Apple Christmas Sales In Asia At Risk of Supply Woes: Nikkei
Global Supply Chain Clogs Are Easing, Led By Asia: WSJ
El Salvador Plans ‘Bitcoin City’, Backed By Bitcoin Bonds

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