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Latest: Fintech News

US to Curb Cheap China Parcels: Temu, Shein Face Big Hit
US to Curb Cheap China Parcels: Temu, Shein Face Big Hit

The Biden administration said on Friday it will move to curb the flood of cheap Chinese goods pouring into the US under a rule known as the 'de minimis' threshold

Shein’s AI-Boosted Fast-Fashion Model Increases Emissions – Grist
Shein’s AI-Boosted Fast-Fashion Model Increases Emissions – Grist

The hugely successful clothing retailer’s fine-tuning of its business by using artificial intelligence comes at a cost, say climate campaigners

US House Passes Bill to Limit China’s Access to EV Tax Credits
US House Passes Bill to Limit China’s Access to EV Tax Credits

The new law - one of several this week aimed at curbing China – now goes to the Senate. It seeks to restrict Chinese content in cars that qualify for EV tax credits

Samsung Axes Thousands as Tech Giant Feels Chip, Phone Pressure
Microsoft, Google Announce Major Carbon Removal Deals
US Pressing Korean Chipmakers For More China Chip Curbs
Carbon Fibre Could Boost EV Ranges by 70%, Say Researchers – IE
‘US to Sanction Prominent Cambodians Tied to Scam Centres’
Strong Global EV Sales in August Despite Big EU Slump
Taiwan Riding AI Wave as Exports Hit Record Monthly High

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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