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Latest: Fintech News

Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips
Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips

New measures will affect $18 billion in Chinese imports such as steel and aluminium, 'legacy' chips, batteries, critical minerals, solar cells, cranes and syringes

Nuclear Fusion Breakthrough Thanks to ‘Tungsten Wall’ – Quartz
Nuclear Fusion Breakthrough Thanks to ‘Tungsten Wall’ – Quartz

Nuclear fusion occurs when atoms fuse, reducing their total number and releasing a huge amount of energy in the process

Putin Set to Visit Xi, to Celebrate Deepening Ties With China
Putin Set to Visit Xi, to Celebrate Deepening Ties With China

Putin will attend an event marking 75 years of bilateral ties. He is due to meet Premier Li Qiang to discuss economic cooperation, and will also visit Harbin, a city with strong ties to Russia

US Orders Chinese Crypto Firm to Sell Land Near Missile Base
Japan’s SoftBank In Profit Bounceback Despite Vision Fund Hit
TikTok to Label AI-Created Content Made by Likes of OpenAI
Double or Quadruple, Biden Tariffs Won’t Really Hurt China
US And China Set to Discuss AI Risks at Geneva Meeting
ANZ Bank Facing Probe over Issuance of Treasury Bonds
South Korea to Announce $7 Billion Package For Chip Industry

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