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Latest: Fintech News

China’s Xi Meets Top Tech Chiefs, Baidu Shares Slip as CEO Absent
China’s Xi Meets Top Tech Chiefs, Baidu Shares Slip as CEO Absent

The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US

Taiwan, Korea on Edge as Trump Sets Sight on Chip Funding
Taiwan, Korea on Edge as Trump Sets Sight on Chip Funding

Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies

Baidu to Offer Ernie Chatbot For Free Amid DeepSeek Challenge
Baidu to Offer Ernie Chatbot For Free Amid DeepSeek Challenge

Up until the launch of DeepSeek last month, Ernie Bot was widely seen as the closest Chinese rival to ChatGPT

Apple Taps Alibaba to Bring AI to Chinese iPhones: Report
More Concern on DeepSeek’s Data Policies After ByteDance Link
810,000 Investors Have Lost Over $2 Billion on Trump Coin – NYT
Investors Pour Money Into China Tech Stocks Amid DeepSeek Fever
Nearly 3 Million Restaurants, Cafes Shut in China Downturn – VoA
Nissan Shares Suspended Amid Doubts on Honda Merger
China’s Cloud Providers, Chipmakers, Rush to Use DeepSeek AI

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