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Latest: Fintech News

China, Tesla Pour Funds Into Assembly Line Robot Workers
China, Tesla Pour Funds Into Assembly Line Robot Workers

Over two dozen Chinese companies showed off humanoid robots designed to work in factories and warehouses at the World Robot Conference in Beijing this week

AI Predicts 70% of Earthquakes in China Trial – ST
AI Predicts 70% of Earthquakes in China Trial – ST

The results represent a milestone in earthquake forecasting and could be used to limit their impact on lives and economies

China Claims Foreign Agencies Using Wind Towers For ‘Spying’
China Claims Foreign Agencies Using Wind Towers For ‘Spying’

The claim comes at a time when China is in the midst of a tense tech and trade war with the West, with both sides lobbing spying accusations at each other

Xiaomi EV Unit Helps Drive Q2 Revenues Past Forecast
Walmart Sells $3.6bn Stake in JD.com to Focus on Warehouses
Australia Gives Go-Ahead to $13.5bn Solar Cable to Singapore
Japanese Officials Seek $4.7bn Valuation for Tokyo Metro IPO
US Chip Giant AMD In $4.9bn Swoop For Server-Maker ZT Systems
China-US Tensions Threaten 45-Year-Old Technology Pact – FT
South Korean AI Chipmakers Merge, Aim to Challenge Nvidia

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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