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Latest: Fintech News

Thailand Facing EV Price War After Flurry of Chinese Investment
Thailand Facing EV Price War After Flurry of Chinese Investment

Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish

China ‘Promoted DeepSeek AI Launch Prior to US Stock Plunge’
China ‘Promoted DeepSeek AI Launch Prior to US Stock Plunge’

Social media accounts run by Chinese state media, plus embassies highlighted DeepSeek's 'breakthrough' prior to the stock crash on Monday and push Beijing's narrative on surpassing the US in critical areas of competition, report says

Spending on Global Energy Transition Well Under What’s Needed
Spending on Global Energy Transition Well Under What’s Needed

The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

Alibaba Releases New AI Model, Says It’s Better Than DeepSeek
Curbing Chinese Access to US AI Models May be Hard: Analysts
TikTok to Invest $3.8 Billion in Data Centre in Thailand
Taipei to Consider Trump Threat of Big Tariffs on ‘Foreign Chips’
DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’
Meta Set up ‘War Rooms’ to Study DeepSeek AI Model – Fortune
China Building Huge Laser Fusion Research Facility, Analysts Say

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