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Latest: Fintech News

Trump Allows Tariff Exemption for ‘Partners’ on Metals, Pharma
Trump Allows Tariff Exemption for ‘Partners’ on Metals, Pharma

Latest order offers tariff exemptions to trading partners that strike deals on exports such as nickel, gold and other metals, plus pharmaceutical compounds and chemicals

Japan’s Topix Hits Record Peak, Yen Sinks as PM Ishiba Resigns
Japan’s Topix Hits Record Peak, Yen Sinks as PM Ishiba Resigns

Japan's markets soar on expectation PM's successor will boost government spending. Yen slips, while bonds were firm.

Seoul Bids to Ease Anger Over Mass Arrests at US Hyundai Plant
Seoul Bids to Ease Anger Over Mass Arrests at US Hyundai Plant

The arrest of 475 workers has sent shockwaves through Seoul, a major US ally that just agreed to invest $350 billion in the US, which said it needs work visas faster or huge projects will face delays

Chinese Tech Giants ‘Want Nvidia Chips’ Despite Beijing Pushback
Japan and US ‘Finalising Deal on Lower Auto Tariffs, Other Issues’
China Markets Sink on Tech Selloff, Talk of Regulatory Curbs
Shell Companies Are ‘Getaway Cars,’ Dirty Money Watchdog Says
Trump Will Ask Supreme Court to Allow Tariffs After Legal Setback
US Ends Chip Waiver For TSMC To Supply Its Chinese Fabs
Chinese Miner Accused of Cover-up of Big Toxic Spill in Africa – AP

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