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Latest: Fintech News

China Hits Back at Canada Tariffs With ‘Anti-Discriminatory’ Probe
China Hits Back at Canada Tariffs With ‘Anti-Discriminatory’ Probe

Ottawa joined the US and the European Union in putting 100% tariffs on Chinese electric vehicles last month

‘Deepfake’ of Ukrainian Official Targets Top US Senator: NYT
‘Deepfake’ of Ukrainian Official Targets Top US Senator: NYT

US intelligence officials have stepped up warnings in recent weeks that foreign actors like Russia, Iran and China are exploiting artificial intelligence to interfere in the upcoming US election

Super-Fast EV Battery Runs For 200km on 5min Charge – CEP
Super-Fast EV Battery Runs For 200km on 5min Charge – CEP

The power pack, developed by SAIC-GM and CATL, would be the fastest charging electric vehicle battery to date

Russia Secretly Building War Drones in China, EU Intel Says
China iPhone Sales Continue to Slide as Consumers Fly the Flag
Amazon Joins Firms in $180 Million Brazil Carbon Credits Deal
Another Chip Shortage Looms as AI Frenzy, Climate Change Bite
FTX Fraudster Ellison Jailed, Ordered to Pay $11 Billion – BBC
Meta AI Chatbot To Be Voiced by Judi Dench, John Cena
Taiwan’s Export Boom Continues, Fuelled by Global AI Demand

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