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Latest: Fintech News

IBM Closing China Research Labs, Will Lay Off Over 1,000 Staff
IBM Closing China Research Labs, Will Lay Off Over 1,000 Staff

The US tech services giant said on Monday will shut its R&D operations in China. It may boost operations in India and other parts of Asia

Telegram CEO Arrested on ‘Miscalculated’ France Visit – Guardian
Telegram CEO Arrested on ‘Miscalculated’ France Visit – Guardian

French investigators say Durov has failed to take action against illegal activities like terrorism, organised crime, drug trafficking and cyber-bullying on Telegram

China Damns Latest US Ban on 42 Firms Tied to Russian War
China Damns Latest US Ban on 42 Firms Tied to Russian War

China calls on US to 'halt its misguided actions', after 42 firms are added to export blacklist, and news emerges National Security Adviser Jake Sullivan will fly to Beijing

China Using Microsoft, Amazon Cloud to Beat AI Chip Sanctions
Call For Ban on Single-Use Plastics as UN Treaty Talks Restart
Musk’s Plunging Reputation Putting Australians Off Tesla – ABC
China, Tesla Pour Funds Into Assembly Line Robot Workers
AI Predicts 70% of Earthquakes in China Trial – ST
China Claims Foreign Agencies Using Wind Towers For ‘Spying’
Xiaomi EV Unit Helps Drive Q2 Revenues Past Forecast

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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