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Latest: Fintech News

Thai Industry Chiefs Call for Higher Tariffs on Chinese Imports
Thai Industry Chiefs Call for Higher Tariffs on Chinese Imports

The Federation of Thai Industries has warned that cheap Chinese imports are killing local manufacturers, with hundreds of firms forced to close every month in the first half

EVs And Hybrids Made up Half of China’s Car Sales in July
EVs And Hybrids Made up Half of China’s Car Sales in July

Over half of all vehicles sold in China last month were either new pure electric vehicles (EVs) or plug-in hybrids, industry data has revealed

China, Russia Looking at Barter Trade to Avoid Bank Scrutiny
China, Russia Looking at Barter Trade to Avoid Bank Scrutiny

Russia and China are looking at bilateral barter deals, as a way to avoid use of international banking systems, which can be monitored, trade sources say

Asian Stocks’ Foreign Inflows Slide; Trump, Tech Slump Blamed
Google ‘Monopoly’ Ruling Could Cost Apple $20 Billion
SK Hynix to Get up to $450m for Chip Plant, R&D Facility in US
Memory Breakthrough Could Slash AI Energy Use – LS
Rush to Buy Chips Lifts China’s Imports But Exports Softer in July
China Puts 18 Satellites in Orbit in Bid to Rival Starlink
China’s Dongfeng ‘Well Placed’ For New Car Plant in Italy

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