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Latest: Fintech News

India’s 20-Year Tax Break For Data Centres Faces Resource Crunch
India’s 20-Year Tax Break For Data Centres Faces Resource Crunch

India has made clear its ambition to attract greater investment in AI and data centres, but its dreams will have to reckon with a shortage of water and power

Thousands Arrested, 100s Deported After Cambodia Scam Raids
Thousands Arrested, 100s Deported After Cambodia Scam Raids

Cambodia is deporting hundreds of people freed from scam centres in recent weeks, but there is concern for thousands stuck in a 'humanitarian crisis.'

Seoul Yet to Resolve Investment Dispute and Tariff Hike by US
Seoul Yet to Resolve Investment Dispute and Tariff Hike by US

Korean officials have been unable to stop the US from increasing the tariff on their exports, as the National Assembly needs to pass a special law on the deal, which could take a few more weeks

Top Court Scraps Hong Kong Firm’s Panama Ports Concession
Chipmakers Say Not Enough Chips for PCs, Phones Amid AI Priority
Members of Notorious Myanmar Scam Mafia Executed in China
ByteDance, Alibaba Get Beijing Nod to Buy Nvidia’s H200 Chips
British PM Starmer Arrives in China, Seeking a Pickup in Trade
Chip Giant SK Hynix’s Profit Soars, to Invest $10bn in US
American Users Ditch TikTok US Over Privacy, Censorship Fears

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