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Latest: Fintech News

BYD Plants Seen Generating Big Sales in Europe, South America
BYD Plants Seen Generating Big Sales in Europe, South America

China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030

US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’
US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’

Trump administration officials are looking to dump the tiered approach to access to advanced chips and shift to a global licensing regime with government-to-government agreements, sources say

US Sanctions Karen Warlord, Cambodia ‘Money Laundering Group’
US Sanctions Karen Warlord, Cambodia ‘Money Laundering Group’

US Treasury hits a militia linked to Myanmar's military regime for enabling huge scam operations in its region, days after announcing a ban on dealings with a financial group in Cambodia

Carbon Credit Scheme Targets Coal Plants For Early Retirement
Satellite Images Show Huawei’s Expanding Chip Facilities – FT
US Lawmakers Push Location-Tracking For High Powered AI Chips
Trump Will Extend TikTok Ban Deadline Again as Tariffs Stall Deal
Japan Tells US: No Trade Deal Unless Auto Tariffs Reviewed
Foreign Retailers Give up on US as Tax on Small Parcels Starts
China Says It’s Assessing Possible Trade Talks With The US

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