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Latest: Fintech News

TransPacific Cargo Trade Decimated by Trump’s Tariff War
TransPacific Cargo Trade Decimated by Trump’s Tariff War

Seaborn trade from Asia to the US has plummeted, with a vast number of freight shipments cancelled and China's once-bustling ports now at a standstill because of the tariff war launched early this month

Concern Rises on Delisting of Chinese Firms on US Exchanges
Concern Rises on Delisting of Chinese Firms on US Exchanges

The intensifying trade war – and a remark by one of President Trump's top advisers – has put the spotlight back on possible forced delisting of Chinese companies from US stock exchanges

EU Rejects US Offer to Cut Tariffs if it Pulls Away From China – IT
EU Rejects US Offer to Cut Tariffs if it Pulls Away From China – IT

US officials have told their European counterparts they will cut tariffs if countries reduce their dealings with China, while Beijing has urged Trump to 'stop whining'

Nvidia and China Tech Giants Hit by Latest US Chip Clampdown
Honda to Shift Most Mexico, Canada Car Production to US – Nikkei
China Halts Rare Earth Exports, Warns US on Deep-Sea Metals ‘Plan’
Tariffs on Imported Chips to be Announced Soon, Trump Says
China Lifts Tariff on US Goods to 125%, as ‘Hikes Become a Joke’
Apple Stock Soars as iPhones Airlifted From India ‘to Beat Tariffs’
China Curbs Hollywood Films, But Says It’s Open to Talks

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