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Latest: Fintech News

Tesla, Meta, Amazon Accused of Undermining Democracy
Tesla, Meta, Amazon Accused of Undermining Democracy

New report identifies market-leading companies that allegedly showcase corporate power’s adverse impact on democracy

India’s Imports of Chinese Steel Soar to a Seven-Year High
India’s Imports of Chinese Steel Soar to a Seven-Year High

The world's no-2 crude steel producer has been consuming the metal at a fast pace with robust demand from the infrastructure and automotive sectors

China’s PBOC Cuts Short-Term Rate, to Discuss Outlook Tuesday
China’s PBOC Cuts Short-Term Rate, to Discuss Outlook Tuesday

China's central bank boosts liquidity in the short-term cash market, says it will discuss policies on Tuesday, amid debate on what must be done to meet growth targets and counter deflation

TSMC, Samsung Tight-Lipped on UAE Mega Chip Plants Claims: WSJ
US Plan to Ban Chinese Tech in Vehicles on American Roads
Patriotic Rush For Tri-Fold Huawei Phone Lulled By Slow Supply
Lithium Battery Supply Chains Blighted by Labour Abuses – WA
US May Sanction China’s DRAM Chip Giants Next, Analyst Warns
Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits
Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll

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