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Latest: Fintech News

China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo

Despite the groundbreaking development, the International Energy Agency warned on China’s dominance of car battery supply chains

Didi Co-Founder Liu Becomes ‘CPO’ at China Ride-Hailing Giant
Didi Co-Founder Liu Becomes ‘CPO’ at China Ride-Hailing Giant

Didi Global co-founder Jean Liu will become "Chief People Officer" at the group, while maintaining her current duties, an internal memo said on Sunday

China Bans US Firms, Starts Dumping Probe as Trade Rows Flare
China Bans US Firms, Starts Dumping Probe as Trade Rows Flare

China's bans three companies linked to arms sold to Taiwan, a day after its Commerce ministry announces an anti-dumping probe into 'thermoplastics' imported from the US, Europe and Japan

Musk in Bali as Indonesia Turns to Starlink to Push Digital Dream
TikTok, US Call on Court to Fast-Track Appeals as Ban Date Looms
Hong Kong Gives Green Light For Digital Yuan Use in Local Shops
Musk May Build China Data Centre for Tesla Self Driving System
US Set to Double Tariffs on Chinese Semiconductors in 2025 – TH
Worker Shortages Create Problems For Toyota Plant in Mexico
Putin and Xi Condemn the US, Push for Ukraine Settlement

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