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Latest: Fintech News

China’s SOEs Limit Use Of Tencent App Weixin: WSJ
China’s SOEs Limit Use Of Tencent App Weixin: WSJ

China Mobile, China Construction Bank and China National Petroleum Corp are among firms telling employees to halt messaging on the popular app

Taiwan Looks At Chip Cooperation With EU States
Taiwan Looks At Chip Cooperation With EU States

National Development Council head says Slovakia, Czech Republic and Lithuania want to cooperate on chips.

DBS Bank Denies Myanmar Bond Link to Online Services Outage
DBS Bank Denies Myanmar Bond Link to Online Services Outage

DBS denied speculation originating in Myanmar that the disruptions were somehow connected to the alleged sale of treasury bonds there

Apple Warns Thais of iPhone Attacks: Bangkok Post
Jack Ma’s Ant Group Rebrands Some Credit Offerings: WSJ
Invesco Set to Capitalise on India’s Ban on Private Cryptos
Warburg Seen Cutting Ant Valuation By 15% to Below $200bn
Japanese Firms Set to Test Digital Currency, Launch in FY2022
US Regulators Vow to Set Banks’ Crypto Rules Next Year
Samsung Picks Texas To Host New $17bn Chip Unit

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