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Latest: Fintech News

China’s Big Guns Defend GDP Target, Explain Economic Policies
China’s Big Guns Defend GDP Target, Explain Economic Policies

China wheeled out its economic heavyweights on Wednesday to reassure citizens and investors about its economic strategies for the year ahead. They gave far more detail on Beijing's plans.

US House Panel Set to Consider New Bill That Could Ban TikTok
US House Panel Set to Consider New Bill That Could Ban TikTok

New bill put to Congress would force Chinese tech giant ByteDance to sell its popular short-video app within 165 days or face a US ban, but it likely faces a legal challenge

Bitcoin Price Surges Past $69,000 Mark For First Time – BBC
Bitcoin Price Surges Past $69,000 Mark For First Time – BBC

The crypto’s rise has come after US regulators approved several spot bitcoin exchange-traded funds (ETFs) in January

Doubt on China’s Plan to Lift Consumption, Maintain Growth
Chinese Investors Plough Into Offshore Assets, Hit Outbound Limit
Apple, Tesla See China Sales Plunge as Local Rivals Catch Up
Houthi Rebels Deny Cutting Three Red Sea Data Cables – AP
China Aims for Self Sufficiency in Emerging Tech, AI, Big Data
AI Could Pass Human Tests This Decade, Says Nvidia Chief
India Says Big Tech Needs Approval to Release Untested AI Tools

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