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Latest: Fintech News

Continuing AI Demand Lifts Asian Stocks to Five-Year Highs
Continuing AI Demand Lifts Asian Stocks to Five-Year Highs

The MSCI index of emerging Asia equities rose about 2% to its highest since February 2021, while a gauge of ASEAN stocks hit its highest level since January 2020

Taiwan on Alert as Some China Warships Remain After Huge Drill
Taiwan on Alert as Some China Warships Remain After Huge Drill

Chinese President Xi Jinping says 'trend toward reunification is unstoppable' in New Year address; Taiwanese coast guard monitoring remaining warships.

TSMC, Korean Firms ‘Can Send Chipmaking Tools to China Plants’
TSMC, Korean Firms ‘Can Send Chipmaking Tools to China Plants’

US grants annual licences to TSMC and two Korean chipmakers to import chipmaking tools to their plants in China; Nvidia asks TSMC to ramp H200 chip output

China’s AI Chipmaker Biren Jumps 76% in Latest Hong Kong IPO
Korea, China Shares Post Highest Gains in Years Amid AI Frenzy
Meta to Buy Chinese-Founded AI Startup Seen as ‘Next DeepSeek’
China Now Requires Chipmakers to Use At Least 50% Local Equipment
China Looks to Tackle Addiction, Self-Harm From AI Emulating Humans
US Delays Fresh Chip Tariffs Against China to Keep The Peace
Seoul Accuses Ex-Samsung Staff of Leaking DRAM Tech to China

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