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Latest: Fintech News

Asian Car, Tech Giants Racing to Develop Solid State Batteries
Asian Car, Tech Giants Racing to Develop Solid State Batteries

Production volumes of solid-state batteries could reach Gigawatt-hour levels in 2027, according to a new report on the rush to create a better EV battery

Chinese Solar Firms Shift Bases in SE Asia to Avoid US Tariffs
Chinese Solar Firms Shift Bases in SE Asia to Avoid US Tariffs

Last year, 80% of panels exported by Chinese firms to the US came from Vietnam, Thailand, Malaysia and Cambodia. Now bases have been set up in other states to avoid US tariffs

Chinese Manufacturing Edged up in October, Caixin Says
Chinese Manufacturing Edged up in October, Caixin Says

Private sector survey shows factory activity expanded slightly last month after Beijing announced stimulus measures, while the steel sector sees a rejig

China Researchers Made AI Tool For Military Use Via Meta’s Model
Temu Faces EU Probe Into Rogue Traders, Illegal Goods
Algae Strain Could Sequester Carbon From Oceans, Factories – WI
China Hackers Targeted Trump Family, Biden Aides, NYT Reports
Emissions of World’s Super Rich ‘Drive Economic Losses, Deaths’
Satellite Finds Methane, CO2 Plumes Over Sites in Asia, Africa, US
US Rules to Limit Investment in China’s Chips, Quantum and AI

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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