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Latest: Fintech News

China Shrugs as Biden’s New Tariffs Seen as Election Ploy
China Shrugs as Biden’s New Tariffs Seen as Election Ploy

Analysts say tariffs target sectors where the economic impact will be limited and where Chinese companies' dominance appears unassailable

Biden Scraps Tariff Exemption, to Protect US Solar Sector
Biden Scraps Tariff Exemption, to Protect US Solar Sector

Biden administration scraps a tariff exemption on solar panels and makes it easier for solar projects to get a subsidy for using locally made products - to protect manufacturers in the US

US Trials of AI-Piloted Fighter Jets Worrying China – ZM
US Trials of AI-Piloted Fighter Jets Worrying China – ZM

The United States is claimed to be looking at developing a fleet of over 1,000 unmanned combat aircraft managed by artificial intelligence

Microsoft Asks China AI Staff if They Want to Shift Abroad
India Now the World’s Third Biggest Generator of Solar Power
Chinese Firms Close in on High-End AI Memory Chips Coup
Huawei Mania Heads Beyond China as it Steps up Marketing Blitz
Project Liberty Forms Group to Bid For TikTok’s Operations in US
Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs
China Poised to Wreak Havoc with Major Cyberattack: UK, US

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