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Latest: Fintech News

Indian Central Bank to Ease Foreign Borrowing Rules for Firms
Indian Central Bank to Ease Foreign Borrowing Rules for Firms

The RBI proposal allows firms to raise up to $1 billion or 300% of net worth, instead of its earlier $1.5 billion cap and specific approval for larger sums.

Indonesia Suspends TikTok Registration ‘For Data Sharing Failures’
Indonesia Suspends TikTok Registration ‘For Data Sharing Failures’

Indonesia has suspended TikTok's registration after gambling accounts used its live stream feature. It sought data from the firm but TikTok only gave partial details

After 5-Year Freeze, India and China Set to Restart Direct Flights
After 5-Year Freeze, India and China Set to Restart Direct Flights

The move follows Indian Prime Minister Narendra Modi's visit to China last month and talks he had with President Xi Jinping

Donald Trump Jr Buoys Enthusiasm at Singapore’s Big Crypto Meet
China Ditching European Telecom Tech, EU Slow to Respond: FT
Samsung, SK Hynix Building ‘Stargate Korea’ Using Open AI
Taiwan Shoots Down US Push For 50-50 Chip Production Deal
US Negotiating a Chips-For-Protection Deal With Taiwan: Lutnick
Amid Comparisons With H-1B, Questions Surround China’s New K Visa
US Expands its Export Blacklist to Include Curbs on Subsidiaries

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