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Latest: Fintech News

ANZ Bank Facing Probe over Issuance of Treasury Bonds
ANZ Bank Facing Probe over Issuance of Treasury Bonds

ANZ Bank confirmed on Monday that the country's corporate regulator is investigating it for suspected violations in the issuance of 10-year treasury bonds

South Korea to Announce $7 Billion Package For Chip Industry
South Korea to Announce $7 Billion Package For Chip Industry

The package is part of President Yoon Suk Yeol’s pledge to pour all possible resources into winning the "war" in chips

China Chipmaker SMIC Sees Revenue Jump 20% Amid Demand Woes
China Chipmaker SMIC Sees Revenue Jump 20% Amid Demand Woes

China’s largest contract chipmaker said revenue jumped as both domestic and global customers rebuilt inventories

US Tariffs Loom on Chinese EVs, And Maybe Solar Panels
China Capture of TSMC Would Be ‘Devastating’ For US: Raimondo
AI Can’t Be Trusted to Set Interest Rates – Yet: Bank Chief
New Huawei Phone Shows US Sanctions May Be Working
US May Deny China, Russia Access to Advanced AI Models
TikTok, Bytedance File Legal Challenge Against Divestment Law
US Scraps Chipmakers’ Export Licences to Sell to China’s Huawei

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