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Latest: Fintech News

Solar Power Deployed 100 Times Faster Than Nuclear – PV
Solar Power Deployed 100 Times Faster Than Nuclear – PV

Solar power was deployed 100 times faster than nuclear power around the world in 2024 – and "five times faster than everything else combined," a new report says

China Emptying Dams as Cracks Found After Big Quake in Tibet
China Emptying Dams as Cracks Found After Big Quake in Tibet

Three of the five affected dams have been emptied since the big quake on January 7, a Tibet emergency management official told a news conference on Thursday

Toyota’s Hino Motors to Pay $1.6bn For US Diesel Emissions Fraud
Toyota’s Hino Motors to Pay $1.6bn For US Diesel Emissions Fraud

Japanese truck and engine maker announces settlement with US agencies after being charged with fraud for unlawfully selling 105,000 heavy-duty diesel engines in the US that did not meet emissions standards

Chinese Carmakers ‘Eyeing German VW Factories Set to Close’
TikTok Plans to Shut Down in US But Will Keep Paying Employees
Indian Anti-Monopoly Ruling May Limit WhatsApp Features: Meta
Minor Exemptions in US Crackdown on Chinese, Russian Vehicles
South Korea’s Yoon Surrenders to Investigators Over ‘Insurrection’
American ‘TikTok Refugees’ Flock to New Chinese Apps – CNN
TikTok Calls Report on Possible Sale to Elon Musk ‘Pure Fiction’

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