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Latest: Fintech News

EU Denies Backing China Proposal to End Ukraine War – SCMP
EU Denies Backing China Proposal to End Ukraine War – SCMP

The European Union has denied claims by China that its top diplomat Josep Borrell "attached great importance" to a Sino-Brazilian statement on ending the war in Ukraine

SpaceX Discussing Possible Rocket Landing Off Australia
SpaceX Discussing Possible Rocket Landing Off Australia

Rocket company is in talks with US and Australian officials on a possible landing and recovery of one of its Starship rockets off Australia

India Not About to Drop Ban on Chinese Investment: Trade Minister
India Not About to Drop Ban on Chinese Investment: Trade Minister

“There is no rethinking at present to support Chinese investments in the country,” Trade Minister Piyush Goyal told reporters in New Delhi on Tuesday.

‘India’s Tesla’, Ola Electric, Eyes $734 Million IPO
Big Tech’s Lofty Valuations Spark Bruising Selloff Fears
OpenAI’s ‘$8.5 Billion Bills’ Report Sparks Bankruptcy Speculation
China’s Cosco Shipping, Fortescue Eyeing Ammonia-Fuelled Ships
Vietnam Enjoys Big Jump in Exports, Industrial Production
Samsung Rolls Out 600-Mile Range Solid State Battery – NC
Forced Sale of TikTok is About Security, Not Free Speech, US Says

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