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Latest: Fintech News

US Warns China of Sanctions: ‘Helping Russia Threatens Europe’
US Warns China of Sanctions: ‘Helping Russia Threatens Europe’

Deputy Secretary of State Kurt Campbell said there was an urgent need for NATO nations to send a message to China over its actions "destabilizing the heart of Europe"

Chip Giant Samsung Faces Union Mass Walkout Next Week
Chip Giant Samsung Faces Union Mass Walkout Next Week

Days after meeting the Chinese PM, Samsung boss Jay Y Lee faces the threat of the group's first-ever walkout over demands for better pay and conditions

Trump Threats to Stop EV Sales May Backfire – Gizmodo
Trump Threats to Stop EV Sales May Backfire – Gizmodo

Americans are warming to electric vehicles and analysts are predicting "widespread EV adoption", plus thousands of jobs in some states from billions of investments

Shein London IPO Plan Under Fire From UK Lawmakers
China Welcomes ‘New Beginning’ Of Ties with Korea, Japan
North Korean Rocket Carrying Satellite Explodes After Launch
Musk’s xAI Valued at $24 Billion After New Funding Push
Beckham to be Brand Ambassador as AliExpress Goes Global
China Unveils Video of Simulated Invasion of Taiwan
China’s Third Chip Fund Gets $47 Billion to Boost Output

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