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Latest: Fintech News

Foreign Firms Struggling Amid China’s Economic Slump, Trade War
Foreign Firms Struggling Amid China’s Economic Slump, Trade War

Business in China has changed dramatically for global companies because of its weak economy, sluggish consumer demand and intensifying trade tensions.

US, UK Lauded for Scam Centre Sanctions, $15bn Bitcoin Seizure
US, UK Lauded for Scam Centre Sanctions, $15bn Bitcoin Seizure

US indicts Chinese-Cambodian tycoon, accused of using his business group of running scam centres across Cambodia, seizes record amount of bitcoin

US-China Tensions Rise Amid Disputes on Rare Earths and Trade
US-China Tensions Rise Amid Disputes on Rare Earths and Trade

China's Global Times says the rise in trade tensions stems from the US expanding its 'Entity List', which preceded Beijing's ramp up of controls on rare earths

US May ‘Extend Tariff Truce’ If China Delays New Rare Earth Rule
Apple Looks To Boost China, India Investment Despite Trump Pressure
Google To Build $15bn AI Data Centre In Biggest India Investment
China Making Exports Of Rare Earth Magnets ‘Increasingly Difficult’
Dutch Take Control Of Chinese-Owned Chipmaker Fearing Tech Leaks
China Hits US Ships With Extra Port Fees as Trade Tensions Rise
China Stocks Drop Off 10-Year High; HK Down Amid Trade Tension

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