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Latest: Fintech News

Cambodian Scam Centres Straining Ties With States Near And Far
Cambodian Scam Centres Straining Ties With States Near And Far

New report says scam centres now spread across Cambodia have links to leaders of the country's ruling party; they are allegedly reaping over $12.5 billion a year.

US Seen Easing Chip, Product Curbs to Get China’s Rare Earths
US Seen Easing Chip, Product Curbs to Get China’s Rare Earths

Talks going well, Lutnick says; US officials are expected to drop restrictions imposed recently on a range of technology and other products to China in return for better access to rare earth exports

US and Chinese Officials Begin High Stakes Trade Talks in London
US and Chinese Officials Begin High Stakes Trade Talks in London

A new round of trade talks between US and Chinese officials got underway in London on Monday. They will focus on export controls on rare earths, chips and other issues.

Cargo Ship Carrying 3,000 Cars Ablaze Off Alaska, EV Fire Blamed
China Export Curbs on Rare Earth Magnets: a Trade War Weapon
Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk
Cloud on US-China Ties: Trump Says Xi ‘Hard to Make a Deal With’
Carmakers Stressed by China’s Curbs on Critical Mineral Exports
North Korean Phone Appears to Monitor User’s Activity – BBC
Factory Activity in China Slumps to Lowest in Nearly Three Years

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